NOT LISTED FOR SALE

57981 231st St Mankato, MN 56001

Estimated Value: $299,000 - $368,218

6 Beds
2 Baths
2,754 Sq Ft
$124/Sq Ft Est. Value

Last Sold December 10, 2012

Last sale price $155,000 $56 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $2,003/month

Highlights

  • Deck
  • Fenced Yard
  • Eat-In Kitchen
  • Washington Elementary School Rated 9+
  • 2 Car Detached Garage
  • Patio

About This Home

As of December 2012

What a find! A nice opportunity to own a side by side duplex in the country. Located just outside city limits on 2.01 acres. 1950's ranch is clean, solid and well maintained. Both sides currently rented. This would make a great owner occupied or investment property! Newer septic, updated bathrooms and a lovely wooded setting. Fenced yard plus camp area with fire pit. Double detached garage available for additional rent. Each unit has central air, washer/dryer, own water softener, water heater, circuit breakers, ceiling fans and sump pump.

Last Agent to Sell the Property

Cheryl Lustig

CENTURY 21 ATWOOD License #20313662 Listed on: 07/15/2012

CENTURY 21 ATWOOD

Last Buyer's Agent

Neoma Peterson

CENTURY 21 ATWOOD License #00345451

CENTURY 21 ATWOOD

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,538

Year Built

  • 1950

Lot Details

  • 2.01 Acre Lot
  • Property fronts a county road
  • Fenced Yard
  • Partially Fenced Property
  • Irregular Lot
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,754 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction
  • Basement Window Egress

Outdoor Features

  • Deck
  • Patio

Farming

  • Hobby or Recreation Farm

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Private Water Source
  • Electric Water Heater
  • Water Softener is Owned
  • Private Sewer

Community Details

  • Property is near a preserve or public land
  • Gross Income $20,900

Listing and Financial Details

  • Tenant pays for broadband, cable TV, electric, lawn, snow, trash, fuel
  • The owner pays for maint/repair
  • Month-to-Month Lease Term
  • Assessor Parcel Number R40-04-33-176-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,538

Year Built

1950

Lot Details

0

Parking

2

Listing Details

  • Class: MULTI-FAMILY
  • Style: Duplex - Side by Side
  • Construction: Previously Owned
  • Foundation Size: 1836
  • Hobby Farm: Yes
  • Mechanicals: Fuel Tank - Owned, Water Heater - Electric, Water Softner - Owned, Sump Pump, Individual Water Heaters
  • Parcel Number: R40-04-33-176-005
  • Property Adjoins Public Land: Yes
  • Rental License: Yes
  • Stories: 1 Story
  • Street Designation: Street
  • Estimated Number of Acres: 2.01
  • Estimated Wooded Acres: 2.01
  • Zoning: Rural
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 6
  • Total Bathrooms: 2
  • Basement Features: Egress Windows, Partially Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1836
  • Total Fin Square Footage: 2754
  • Total Square Footage: 3672
  • Below Grade Finished Sq Ft: 918

Exterior Features

  • Frontage Road: County
  • Construction Type: Frame/Wood
  • Exterior: Stucco
  • Roof: Asphalt Shingles
  • Exterior Amenities: Deck, Driveway - Gravel, Fenced Yard - Full, Fenced Yard - Partial, Patio

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Fuel: Electric, Oil
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Lot Info

  • Lot/Land Description: Irregular Lot, Landscaped, Tree Coverage - Medium
  • Estimated Lot Dimensions: 2.01 Acres

Rental Info

  • Owner Expense: Maint/Repair
  • Tenant Expense: Broadband, Cable TV, Electric, Lawn, Snow, Trash, Fuel
  • Type of Tenancy: Month to Month, One Year Lease

Multi Family

  • Est Annual Gross Expense: 7746
  • Est Annual Gross Income: 20900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2012
Closed on
Dec 10, 2012
Sold by
Wolf Gary
Bought by
Wussow Sharon L
Seller's Agent
Cheryl Lustig
CENTURY 21 ATWOOD
Buyer's Agent
Neoma Peterson
CENTURY 21 ATWOOD
List Price
$174,900
Sold Price
$155,000
Premium/Discount to List
-$19,900
-11.38%
Current Estimated Value
$340,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,555
Avg. Annual Appreciation
6.30%
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
Wussow Sharon L $155,000 North American Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2012 12/10/12 Sold $155,000 -11.4% $56 / Sq Ft
10/26/2012 10/26/12 Pending -- -- --
07/15/2012 07/15/12 For Sale $174,900 -- $64 / 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 $2,538 $334,400 $78,500 $255,900
2024 $2,538 $317,600 $78,500 $239,100
2023 $2,424 $316,900 $78,500 $238,400
2022 $2,744 $293,200 $78,500 $214,700
2021 $2,554 $242,200 $78,500 $163,700
2020 $2,468 $214,300 $63,000 $151,300
2019 $2,476 $214,300 $63,000 $151,300
2018 $2,308 $217,200 $63,000 $154,200
2017 $2,056 $203,700 $63,000 $140,700
2016 $1,728 $190,400 $63,000 $127,400
2015 $17 $158,200 $63,000 $95,200
2014 $1,876 $158,200 $63,000 $95,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 132045

REALTOR® Association of Southern Minnesota

APN: R40-04-33-176-005