NOT LISTED FOR SALE

605 E Main St Mankato, MN 56001

Alexander Park Neighborhood

Estimated Value: $168,984 - $376,000

4 Beds
3 Baths
2,504 Sq Ft
$107/Sq Ft Est. Value

Last Sold May 26, 2016

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

Est. 161% increase in value since last sale

Current estimated payment $1,779/month

5 Days on Market

Highlights

  • 1 Car Detached Garage
  • Patio
  • 5-minute walk to Washington Park
  • Washington Elementary School Rated 9+
  • Forced Air Heating System

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 Agent to Sell the Property

Dennis Terrell

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

RE/MAX DYNAMIC AGENTS

Last Buyer's Agent

Richard Draheim

WEICHERT REALTORS, COMMUNITY GROUP

WEICHERT REALTORS, COMMUNITY GROUP

Property Details

Home Type

  • Multi-Family

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

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
  • Stories: 2 Story
  • 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

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
Current Estimated Value
$268,496

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
10.51%
Original Mortgage
$82,440
Interest Rate
3.59%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Previous Owner Gay Jordan M $82,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $4,420 $234,000 $19,200 $214,800
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

    4 in this area

    168 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

    185 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

Not Listed for Sale

MultiFamily

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