NOT LISTED FOR SALE

605 Chapman St Mankato, MN 56001

Estimated Value: $140,000 - $186,287

3 Beds
1 Bath
1,008 Sq Ft
$170/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $35,000 $35 Per Sq Ft

Est. 390% increase in value since last sale

Current estimated payment $1,012/month

Highlights

  • Bungalow
  • 1-Story Property
  • Storage Shed
  • Roosevelt Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of November 2021

Are you an investor or a fixer-upper? This cash purchase property has been vacant for 10 years and is waiting for someone to bring it back to life! The structure is framed for 3 bedrooms, living room a large kitchen area and a bathroom bathroom. It is not inhabitable at this time.

Last Agent to Sell the Property

Deborah Ogren

TRUE REAL ESTATE License #40846075 Listed on: 10/05/2021

TRUE REAL ESTATE

Last Buyer's Agent

Deborah Ogren

TRUE REAL ESTATE License #40846075 Listed on: 10/05/2021

TRUE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,258

Year Built

  • 1944

Lot Details

  • 7,405

Home Design

  • Bungalow
  • Frame Construction
  • Metal Siding

Interior Spaces

  • 3 Bedrooms
  • 1,008 Sq Ft Home
  • 1-Story Property

Basement

  • Block Basement Construction
  • Crawl Space

Additional Features

  • Storage Shed
  • 7,405 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number R50.08.14.383.004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,258

Year Built

1944

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Bungalow (L)
  • Estimated Number of Acres: 0.17
  • Assessment Balance: 307.29
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1008
  • L V T Date: 10/06/2021
  • Mechanicals: Fuses
  • Parcel Number: R50.08.14.383.004
  • Price Per Square Foot: 35
  • Sold Price Per Sq Ft: 35
  • Stories: 1 Story
  • Street Designation: Street
  • Taxes With Assessments: 272
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1944

Interior Features

  • Total Bedrooms: 3
  • Basement Material: Concrete Block
  • Basement Style: Crawl Space
  • Finished Above Grade Sq Ft: 1008
  • Tot Above Grade Sq Ft: 1008
  • Total Fin Square Footage: 1008
  • Total Square Footage: 1008

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Metal
  • Out Buildings: Storage Shed

Utilities

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

Schools

  • School District: Mankato #77

Lot Info

  • Estimated Lot Dimensions: 7405 sqft

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Nov 15, 2021
Sold by
Christnagel Neil and Christnagel Rachel
Bought by
Land To Home Dev Inc
Seller's Agent
Deborah Ogren
TRUE REAL ESTATE
Buyer's Agent
Deborah Ogren
TRUE REAL ESTATE
List Price
$35,000
Sold Price
$35,000
Current Estimated Value
$171,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,572
Avg. Annual Appreciation
49.85%
Original Mortgage
$63,700
Outstanding Balance
$58,419
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$113,153
Source: Public Records

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
Land To Home Dev Inc $35,000 St Andrews Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Land To Home Dev Inc $63,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2021 11/15/21 Sold $35,000 0.0% $35 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $35,000 -- $35 / 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 $1,258 $134,000 $22,000 $112,000
2024 $1,258 $119,300 $22,000 $97,300
2023 $248 $124,700 $22,000 $102,700
2022 $280 $23,300 $22,000 $1,300
2021 $272 $23,400 $22,000 $1,400
2020 $270 $17,200 $15,700 $1,500
2019 $198 $17,200 $15,700 $1,500
2018 $190 $18,500 $15,700 $2,800
2017 $114 $18,100 $15,700 $2,400
2016 $112 $18,000 $15,700 $2,300
2015 $1 $17,800 $15,700 $2,100
2014 $284 $17,800 $15,700 $2,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7028340

REALTOR® Association of Southern Minnesota

APN: R50-08-14-383-004