NOT LISTED FOR SALE

601 Elm St Nicollet, MN 56074

Estimated Value: $250,000 - $292,463

8 Beds
4 Baths
1,832 Sq Ft
$150/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $125,000 $68 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,845/month

63 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Forced Air Heating System
  • Nicollet Elementary School Rated 9+
  • Fireplace

About This Home

As of October 2014

Only 149,900 for this nice four-plex with walkout units. All units are two bedroom (currently under rented) with washer and dryer hook ups, window air, plenty of off street parking, vinyl siding on a large lot. Currently bringing in 1675/mo with owner paying water utility. This is a good up-swing opportunity. 24hr notice for touring the building. Call today!

Last Listed By

Carlos Carrera

RE/MAX DYNAMIC AGENTS Listed on: 06/23/2014

RE/MAX DYNAMIC AGENTS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,820

Year Built

  • 1978

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 66x157
  • Corner Lot
  • Few Trees

Home Design

  • Quadruplex
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,832 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Block Basement Construction

Parking

  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Location

  • Ground Level
  • Lower Level

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for water/sewer
  • Assessor Parcel Number 17.871.0140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,820

Year Built

1978

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: 4-plex
  • Assessment Balance: 1251.43
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1832
  • Mechanicals: Water Heater - Gas
  • Parcel Number: 17.871.0140
  • Price Per Square Foot: 34.12
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 3134
  • Estimated Number of Acres: 0.24
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1978

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 8
  • Total Bathrooms: 4
  • Basement Features: Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 1832
  • Total Square Footage: 3664
  • Below Grade Finished Sq Ft: 1832

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Construction Type: Concrete Block, Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles
  • Exterior Amenities: Deck, Driveway - Gravel

Garage/Parking

  • Number Off Street Parking: 4

Utilities

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

Schools

  • School District: Nicollet #507

Lot Info

  • Lot/Land Description: Corner Lot, Tree Coverage - Light, Underground Utilities
  • Estimated Lot Dimensions: 66x157

Rental Info

  • Owner Expense: Water/Sewer
  • Tenant Expense: Electric, Fuel
  • Type of Tenancy: One Year Lease

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2020
Sold by
Nelson Ian and Nelson Mandi J
Bought by
Nelson Properties Mankato Llc
Total Days on Market
63
Current Estimated Value
$274,116

Purchase Details

Closed on
Apr 1, 2020
Sold by
Burns Walser Properties Llc
Bought by
Nelson Ian

Purchase Details

Listed on
Jun 23, 2014
Closed on
Oct 30, 2014
Sold by
Layman Robert Robert
Seller's Agent
Carlos Carrera
RE/MAX DYNAMIC AGENTS
Buyer's Agent
NATHAN GRUENZNER
TRUE REAL ESTATE
List Price
$149,900
Sold Price
$125,000
Premium/Discount to List
-$24,900
-16.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$124,000
Interest Rate
3.98%

Range of Values:

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Average Value
Not Available
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
Nelson Properties Mankato Llc -- None Available
Nelson Ian $193,000 None Available
-- $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner -- $124,000
Previous Owner Burns Walser Properties Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2014 10/31/14 Sold $125,000 -16.6% $68 / Sq Ft
08/25/2014 08/25/14 Pending -- -- --
06/23/2014 06/23/14 For Sale $149,900 -- $82 / 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
2024 $3,820 $257,600 $34,700 $222,900
2023 $3,650 $243,100 $34,700 $208,400
2022 $3,670 $218,900 $34,700 $184,200
2021 $3,480 $185,800 $34,700 $151,100
2020 $3,256 $173,400 $29,500 $143,900
2019 $3,396 $172,300 $30,900 $141,400
2018 $3,466 $163,200 $21,800 $141,400
2017 -- $163,200 $0 $0
2016 $3,028 $0 $0 $0
2015 -- $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carlos Carrera

    Seller's Agent in 2014

    Carlos Carrera

    RE/MAX

    (507) 720-4663

    49 Total Sales

    Carlos Carrera
    Section Image

  • N

    Buyer's Agent in 2014

    NATHAN GRUENZNER

    TRUE REAL ESTATE

    (507) 382-4362

    20 Total Sales

    NATHAN GRUENZNER
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7005804

REALTOR® Association of Southern Minnesota

APN: R-17.871.0140

Minnesota Nicollet County Nicollet 56074

601 Elm St, Nicollet, MN

Homes for Sale in Nicollet, MN

This home is located at 601 Elm St, Nicollet, MN 56074 since 23 June 2014 and is currently estimated at $274,116, approximately $149 per square foot. This property was built in 1978. 601 Elm St is a home located in Nicollet County with nearby schools including Nicollet Elementary School, Nicollet Senior High School, and Trinity Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.