NOT LISTED FOR SALE

526 N 2nd St Unit 526 No. Second Stree Mankato, MN 56001

Riverfront Park Neighborhood

Estimated Value: $167,740 - $192,000

5 Beds
2 Baths
1,328 Sq Ft
$136/Sq Ft Est. Value

Last Sold February 15, 2016

Last sale price $92,500 $70 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,062/month

About This Home

As of February 2016

Single family, 5 bedroom home with 5 unrelated rental license. Current rent is $1095; tenants pay all utilities. Main floor: kitchen, dining/living room, 2 bedrooms, bath. Upstairs: front bedroom with 2 closets, 2 additional bedrooms; full bath. Refrigerator in kitchen belongs to tenant, but seller will provide one. Vinyl siding, shingles new in 2010, newer water heater.

Last Agent to Sell the Property

Karla Van Eman

AMERICAN WAY REALTY License #00289588 Listed on: 10/15/2015

Last Buyer's Agent

Karla Van Eman

AMERICAN WAY REALTY License #00289588 Listed on: 10/15/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,266

Year Built

  • 1901

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 33 x 80

Parking

  • On-Street Parking

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,328 Sq Ft Home
  • 2-Story Property
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Partial Basement
  • Stone Basement

Location

  • Upper Level

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric, fuel, water/sewer
  • Assessor Parcel Number R01.09.07.406.014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,266

Year Built

1901

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Single Family Rental (L)
  • Construction: Previously Owned
  • Foundation Size: 768
  • Mechanicals: Water Heater - Gas
  • Parcel Number: R01.09.07.406.014
  • Price Per Square Foot: 69.65
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 816
  • Estimated Number of Acres: 0.06
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1901

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Basement Features: Unfinished
  • Basement Material: Stone
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1328
  • Total Square Footage: 1328

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Mankato #77

Lot Info

  • Estimated Lot Dimensions: 33 x 80

Rental Info

  • Tenant Expense: Electric, Fuel, Water/Sewer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2015
Closed on
Feb 15, 2016
Seller's Agent
Karla Van Eman
AMERICAN WAY REALTY
Buyer's Agent
Karla Van Eman
AMERICAN WAY REALTY
List Price
$107,700
Sold Price
$92,500
Premium/Discount to List
-$15,200
-14.11%
Current Estimated Value
$181,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,685
Avg. Annual Appreciation
6.66%
Original Mortgage
$87,875
Outstanding Balance
$69,932
Interest Rate
3.65%
Estimated Equity
$101,884

Purchase Details

Listed on
Oct 15, 2015
Closed on
Feb 12, 2016
Sold by
Hoogendyk Trust
Bought by
Schwichtenberg Shawn Paul and Schwichtenberg Tracy A
Seller's Agent
Karla Van Eman
AMERICAN WAY REALTY
Buyer's Agent
Karla Van Eman
AMERICAN WAY REALTY
List Price
$107,700
Sold Price
$92,500
Premium/Discount to List
-$15,200
-14.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,875
Outstanding Balance
$69,932
Interest Rate
3.65%
Estimated Equity
$101,884

Purchase Details

Listed on
Oct 15, 2015
Closed on
Jan 15, 2016
Sold by
Barrie Wayne J and Barrie Valerie L
Bought by
Equity Trust Co
Seller's Agent
Karla Van Eman
AMERICAN WAY REALTY
Buyer's Agent
Karla Van Eman
AMERICAN WAY REALTY
List Price
$107,700
Sold Price
$92,500
Premium/Discount to List
-$15,200
-14.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,875
Outstanding Balance
$69,932
Interest Rate
3.65%
Estimated Equity
$101,884

Purchase Details

Closed on
Nov 1, 2012
Sold by
Equity Trust Co
Bought by
Barrie Wayne J and Barrie Valerie L

Purchase Details

Closed on
Apr 1, 2000
Sold by
Wilson Steve D and Wilson Linda J
Bought by
Equity Trust Co
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
-- $92,500 --
Schwichtenberg Shawn Paul -- --
Equity Trust Co -- --
Barrie Wayne J $119,900 None Available
Equity Trust Co $58,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $87,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2016 02/15/16 Sold $92,500 -14.1% $70 / Sq Ft
02/11/2016 02/11/16 Pending -- -- --
10/15/2015 10/15/15 For Sale $107,700 -- $81 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,266 $116,000 $12,000 $104,000
2024 $1,266 $110,300 $12,000 $98,300
2023 $1,216 $110,300 $12,000 $98,300
2022 $1,124 $102,500 $12,000 $90,500
2021 $1,094 $87,300 $12,000 $75,300
2020 $1,044 $80,500 $12,000 $68,500
2019 $1,042 $80,500 $12,000 $68,500
2018 $1,012 $80,100 $12,000 $68,100
2017 $914 $78,200 $12,000 $66,200
2016 $854 $73,700 $12,000 $61,700
2015 $8 $69,100 $12,000 $57,100
2014 $1,072 $199,500 $36,000 $163,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7009862

REALTOR® Association of Southern Minnesota

APN: R01-09-07-406-014