NOT LISTED FOR SALE

57981 231st St Mankato, MN 56001

Mankato Area

Estimated Value: $317,000 - $389,844

6 Beds
2 Baths
2,754 Sq Ft
$129/Sq Ft Est. Value

Sale Details

Date Sold: December 10, 2012

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

Est. 130% increase in value since last sale

Current estimated payment $2,206 / mo

103 Days on Market

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

BRIDGE REALTY License #20313662 Listed on: 07/15/2012

BRIDGE REALTY

Last Buyer's Agent

Neoma Peterson

CENTURY 21 ATWOOD License #00345451

CENTURY 21 ATWOOD

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

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

  • 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

Year Built

1950

Lot Details

2.01 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2012
Closed on
Dec 10, 2012
Sold by
Wolf Gary
Bought by
Seller's Agent
Cheryl Lustig
BRIDGE REALTY
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
$356,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,461
Avg. Annual Appreciation
6.25%
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$155,000 North American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $50,000
Previous Owner Wolf Gary $144,480
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,862 $357,000 $78,500 $278,500
2025 $2,862 $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

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