$325,523
SOLD AUG 9, 2024

54526 207th Military Rd Mankato, MN 56001

2 Beds
1 Bath
1,319 Sq Ft
16.6 Acres

Recently Sold

$247 Per Sq Ft

13% Below List Price

105 Days on Market

Highlights

  • 16.6 Acre Lot
  • Forced Air Heating and Cooling System
  • Level Lot
  • Roosevelt Elementary School Rated A-

About This Home

As of August 2024

16.60 acres, m/l, located approximately 6 miles west of Mankato, Minnesota on the north side of Co. Rd. 117/207th Military Rd. This level to slightly rolling farm has an estimated 11.20 FSA/Eff. crop acres with a CPI of 80.20. There is also a 2 bedroom, 1 bath, 1½ -story single family wood frame farmhouse, built in 1900 on the property. The home consists of 1,329 total sq. ft. with 859 unfinished sq. ft. New propane furnace in 2015 and a new electric water heater in 2019. The refrigerator, stove, dishwasher, washer and dryer are included in the sale. The property also includes the following buildings: • 48’ x 106’ steel pole shed • 12’ x 15’ block shed • 1,500 bu. steel grain bin

Last Agent to Sell the Property

Doug Hensley

Hertz Real Estate Services License #*** Listed on: 03/15/2024

Last Buyer's Agent

Doug Hensley

Hertz Real Estate Services License #*** Listed on: 03/15/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,338

Year Built

  • Built in 1900

Lot Details

  • 16.6 Acre Lot
  • Level Lot
  • Property is zoned Agriculture

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 1.5-Story Property
  • Forced Air Heating and Cooling System
  • Unfinished Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,338

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Accessible: None
  • Legal Description: 54526 207th Military Road Mankato, MN 56001
  • Year Built: 1900
  • House Or Land: Includes House
  • Stories: 1.5 Stories
  • OFFICELIST_ADDRESS: 54526 207th Military Rd.
  • Distribute To Internet: Yes
  • List Office I D: 1113
  • Sales Office I D: 1113
  • Selling Agent: 4205
  • Building Style: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Common Walls: No
  • Living Area Units: Square Feet
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Basement: Unfinished
  • Fireplace: No

Exterior Features

  • Exterior: Vinyl
  • Foundation Size: 1329

Garage/Parking

  • Fuel: Natural Gas

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air

Fee Information

  • Tax Class: FARM

Lot Info

  • Acres: 16.6
  • Geo Update Timestamp: 2024-03-15
  • Assessment Pending: Yes
  • Lot Size Sq Ft: 723096
  • Lot Size Units: Acres
  • Corn Base: 5.71
  • Corn P L C Yield: 153
  • Soil Type: Clay, Loam
  • Soybean Base: 5.49
  • Soybean P L C Yield: 46
  • Tillable Acres: 11.2
  • Zoning: Agriculture, Residential-Single Family
  • Topography: Level, Rolling

Tax Info

  • Tax Year: 2022
  • Gross Taxes: 2338
  • Net Taxes: 2338

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Aug 9, 2024
Sold by
Wold Family Farm Llp A Minnesota Limite
Bought by
Maria Kalyvaki
Seller's Agent
Doug Hensley
Hertz Real Estate Services
Buyer's Agent
Doug Hensley
Hertz Real Estate Services
List Price
$375,000
Sold Price
$325,523
Premium/Discount to List
-$49,477
-13.19%
Total Days on Market
105
Views
100
Current Estimated Value
$915,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$590,396
Avg. Annual Appreciation
258.64%
Original Mortgage
$314,654
Outstanding Balance
$312,490
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$603,429
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $325,523 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $314,654 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $325,523 -5.6% $247 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
05/23/2024 05/23/24 Price Changed $344,900 -8.0% $261 / Sq Ft
03/15/2024 03/15/24 For Sale $375,000 -- $284 / Sq Ft
Source: NoCoast MLS

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
2024 $9,548 $1,240,300 $1,135,700 $104,600
2023 $8,322 $1,178,900 $1,069,200 $109,700
2022 $8,446 $963,900 $867,900 $96,000
2021 $8,258 $853,000 $776,600 $76,400
2020 $8,770 $899,700 $828,800 $70,900
2019 $7,418 $899,700 $828,800 $70,900
2018 $7,148 $864,000 $777,800 $86,200
2017 $7,324 $911,200 $834,100 $77,100
2016 $7,776 $908,400 $834,100 $74,300
2015 $94 $945,500 $876,800 $68,700
2014 $5,844 $328,800 $150,000 $178,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6315453

NoCoast MLS

APN: R50-08-20-400-002