NOT LISTED FOR SALE

58519 240th St Mankato, MN 56001

Estimated Value: $486,000 - $554,000

4 Beds
2.5 Baths
1,912 Sq Ft
$275/Sq Ft Est. Value

Last Sold June 05, 2020

Last sale price $385,000 $201 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,083/month

Highlights

  • Guest House
  • Wood Burning Stove
  • Workshop
  • Washington Elementary School Rated 9+
  • Wood Flooring
  • 4 Car Detached Garage

About This Home

As of June 2020

Country living 7 minutes from town! Awesome drive up to the classic 2 story farm house. This house is very well maintained and has the original farm house charm. The main floor has the private master bedroom with a 3/4 bath. The kitchen is combined with the dining area and equipped with a gas stove. Continue through the kitchen to the family room that leads into the added sun room. Head upstairs where you will find 3 bedrooms all on one floor. These bedrooms share the full bathroom that has a double sink vanity. The unfinished basement will solve all of your storage needs. The detached garage/guest house is a shop lovers dream. Although unfinished you can see the potential of this awesome building. Cold winters are nothing when you are insulated with urethane and have in floor heat through out. This garage has a dog wash tub, floor drain, great lighting, fireplace, 2 zone in floor heat, a ton of storage, and much more. Come see it for yourself!

Last Agent to Sell the Property

Anthony White

JBEAL REAL ESTATE GROUP Listed on: 03/18/2020

Co-Listed By

Jason Beal

JBEAL REAL ESTATE GROUP License #20276087

Last Buyer's Agent

Anthony White

JBEAL REAL ESTATE GROUP Listed on: 03/18/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,820

Year Built

  • 1925

Lot Details

  • 2.51 Acre Lot
  • Lot Dimensions are 280 x 390 x 280 x 390
  • Property fronts a county road
  • Many Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,912 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Burning Stove
  • Combination Kitchen and Dining Room
  • Workshop
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement
  • Block Basement Construction

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Shared Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Wood
  • Heating System Powered By Leased Propane
  • Underground Utilities
  • Electric Water Heater
  • Water Softener is Owned
  • Fuel Tank
  • Private Sewer

Additional Features

  • Storage Shed
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number R40.04.22.300.003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,820

Year Built

1925

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Natural Woodwork
  • Amenities Exterior: Driveway - Gravel, Driveway - Shared
  • Estimated Number of Acres: 2.51
  • Assessments: Yes
  • Foundation Size: 912
  • L V T Date: 03/18/2020
  • Mechanicals: Fuel Tank-Rented, Water Heater-Electric, Water Softener-Owned
  • Parcel Number: R40.04.22.300.003
  • Stories: 2 Story
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Dining Room: Combine with Kitchen, Informal Dining Room
  • Appliances: Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Master, Private Master, Upper Level Bath
  • Total Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Kitchen, 12' 4"x20' 4", On Level: Main
  • Room 2: Family Room, 14' 5x14' 5", On Level: Main
  • Room 3: Sunroom/Solarium, 9' 6"x11' 4", On Level: Main
  • Room 4: Living Room, 11' 3"x12' 4", On Level: Main
  • Room 5: Master Bedroom, 12' 4"x11' 3", On Level: Main
  • Room 6: Bedroom, 11'2"x13' 7", On Level: Second Floor
  • Room 7: 13' 3"x11' 3", On Level: Second Floor
  • Room 8: Bedroom, 12' 5"x11' 3", On Level: Second Floor
  • Basement Features: Unfinished
  • Basement Material: Concrete Block, Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1912
  • Tot Above Grade Sq Ft: 1912
  • Total Fin Square Footage: 1912
  • Total Square Footage: 2824
  • Tot Below Grade Sq Ft: 912

Exterior Features

  • Frontage Road: County, Gravel
  • Construction Type: Concrete Block, Frame/Wood
  • Exterior: Wood
  • Out Buildings: Storage Shed, Workshop, Guesthouse, Garage
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 4
  • Garage Square Footage: 1792

Utilities

  • Cooling: Central
  • Fuel: Electric, Propane - Tank Rented, Wood
  • Heat: Forced Air, Heat Pump, Wood Stove
  • Sewer: Private
  • Water: Shared

Schools

  • Mankato Schools: Mankato East

Lot Info

  • Estimated Lot Dimensions: 280 x 390 x 280 x 390
  • Lot/Land Description: Tree Coverage - Heavy, Underground Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2020
Closed on
Jun 5, 2020
Sold by
Hruby Steven C and Klein Kandi K
Bought by
Gerardy Matthew and Gerardy Emily
Seller's Agent
Anthony White
JBEAL REAL ESTATE GROUP
Buyer's Agent
Anthony White
JBEAL REAL ESTATE GROUP
List Price
$399,900
Sold Price
$385,000
Premium/Discount to List
-$14,900
-3.73%
Current Estimated Value
$525,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,600
Avg. Annual Appreciation
5.93%
Original Mortgage
$273,000
Outstanding Balance
$241,994
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$283,606

Purchase Details

Closed on
Nov 19, 2012
Sold by
Klein Kandi Kay
Bought by
Hruby Steven C

Purchase Details

Closed on
Aug 15, 2011
Sold by
Gibson David A and Gibson Matthew M
Bought by
Klein Kandi Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,310
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 8, 2011
Sold by
Gibson David A and Gibson Darcy B
Bought by
Gibson David A and Gibson Mathew M
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
Gerardy Matthew $380,000 Title Resources
Hruby Steven C -- None Available
Klein Kandi Kay $185,000 --
Gibson David A $48,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerardy Matthew $273,000
Previous Owner Klein Kandi Kay $180,310
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2020 06/05/20 Sold $385,000 -3.7% $201 / Sq Ft
05/09/2020 05/09/20 Pending -- -- --
03/18/2020 03/18/20 For Sale $399,900 -- $209 / 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 $3,820 $497,400 $80,300 $417,100
2024 $3,820 $461,100 $80,300 $380,800
2023 $3,606 $462,200 $80,300 $381,900
2022 $3,208 $424,400 $80,300 $344,100
2021 $2,382 $346,000 $80,300 $265,700
2020 $2,284 $249,600 $64,500 $185,100
2019 $2,360 $249,600 $64,500 $185,100
2018 $2,182 $259,000 $64,500 $194,500
2017 $1,894 $242,100 $64,500 $177,600
2016 $1,648 $225,200 $64,500 $160,700
2015 $16 $198,500 $64,500 $134,000
2014 $1,664 $196,100 $64,500 $131,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7023541

REALTOR® Association of Southern Minnesota

APN: R40-04-22-300-003