NOT LISTED FOR SALE

605 E Main St Mankato, MN 56001

Alexander Park Neighborhood

Estimated Value: $257,000 - $272,000

4 Beds
3 Baths
2,504 Sq Ft
$106/Sq Ft Est. Value

Last Sold May 26, 2016

Last sale price $103,051 $41 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $1,844/month

5 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating System
  • 5-minute walk to Washington Park
  • Patio

About This Home

As of May 2016

Water WILL NOT be activated for appraisal due to plumbing damage. 2 bedroom, 1 bath! HUD Homes are sold "As Is". Agents to verify all information is correct. www.MMREM.com manages HUD properties. Bids must be placed on www.HUDhomestore.com. Case Number 277-090088 Cross Street: N 6th and E Walnut

Last Listed By

Dennis Terrell

RE/MAX DYNAMIC AGENTS License #20370666 Listed on: 02/26/2016

RE/MAX DYNAMIC AGENTS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,420

Year Built

  • 1896

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 79x66

Parking

  • 1 Car Detached Garage

Home Design

  • Triplex
  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,504 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0118211011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,420

Year Built

1896

Lot Details

0

Parking

1

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Triplex
  • Construction: Previously Owned
  • Foreclosure: Undisclosed
  • Foundation Size: 1198
  • L V T Date: 02/26/2016
  • Mechanicals: Water Heater - Gas
  • Parcel Number: 0118211011
  • Potential Short Sale: Undisclosed
  • Price Per Square Foot: 41.15
  • Stories: 2 Story
  • Taxes With Assessments: 1632
  • Estimated Number of Acres: 0.12
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1896

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Basement Features: Unfinished
  • Basement Material: Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2504
  • Total Square Footage: 2504

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Brick
  • Roof: Asphalt Shingles
  • Exterior Amenities: Patio

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 1
  • Number Off Street Parking: 2

Utilities

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

Schools

  • School District: Mankato #77

Lot Info

  • Estimated Lot Dimensions: 79x66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2019
Sold by
Mfalcon Llc
Bought by
Gay Rodney R and Gay Nicole L
Total Days on Market
5
Current Estimated Value
$266,333

Purchase Details

Closed on
Aug 31, 2017
Sold by
Gay Jordan M and Gay Rodney R
Bought by
Mfalcon Llc

Purchase Details

Listed on
Feb 26, 2016
Closed on
May 12, 2016
Sold by
Hud
Bought by
Gay Jordan M and Gay Rodney R
Seller's Agent
Dennis Terrell
RE/MAX DYNAMIC AGENTS
Buyer's Agent
Richard Draheim
WEICHERT REALTORS, COMMUNITY GROUP
List Price
$90,000
Sold Price
$103,051
Premium/Discount to List
$13,051
14.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.19%
Original Mortgage
$82,440
Interest Rate
3.59%
Mortgage Type
Commercial

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
Gay Rodney R -- None Available
Mfalcon Llc -- --
Gay Jordan M -- Title Resources Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gay Rodney R $134,000
Previous Owner Gay Jordan M $82,440
Previous Owner Sherack John W $152,241
Previous Owner Sherack John W $150,590
Previous Owner Sherack John W $92,000
Previous Owner Sherack John W $60,000
Previous Owner Sherack John W $8,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2016 05/26/16 Sold $103,051 +14.5% $41 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $90,000 -- $36 / 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 $4,420 $265,200 $19,200 $246,000
2023 $3,470 $263,900 $19,200 $244,700
2022 $3,114 $244,400 $19,200 $225,200
2021 $2,296 $201,800 $19,200 $182,600
2020 $2,168 $186,100 $19,200 $166,900
2019 $2,934 $186,100 $19,200 $166,900
2018 $2,130 $188,400 $20,200 $168,200
2017 $1,882 $183,600 $20,200 $163,400
2016 $2,106 $172,400 $20,200 $152,200
2015 $16 $161,200 $20,200 $141,000
2014 $1,688 $154,800 $20,200 $134,600
Source: Public Records

Agents Affiliated with this Home

  • Dennis Terrell

    Seller's Agent in 2016

    Dennis Terrell

    RE/MAX

    (507) 340-4562

    5 in this area

    204 Total Sales

    Dennis Terrell
    Section Image
  • Richard Draheim

    Buyer's Agent in 2016

    Richard Draheim

    WEICHERT REALTORS, COMMUNITY GROUP

    (507) 345-1111

    2 in this area

    184 Total Sales

    Richard Draheim
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7010592

REALTOR® Association of Southern Minnesota

APN: R01-09-18-211-001

Minnesota Blue Earth County Mankato 56001 Alexander Park

605 E Main St, Mankato, MN

Homes for Sale in Mankato, MN

This home is located at 605 E Main St, Mankato, MN 56001 since 26 February 2016 and is currently estimated at $266,333, approximately $106 per square foot. This property was built in 1896. 605 E Main St is a home located in Blue Earth County with nearby schools including Washington Elementary School, Prairie Winds Middle School, and Mankato East Senior High 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.