NOT LISTED FOR SALE

Estimated Value: $177,000 - $228,000

4 Beds
4 Baths
3,124 Sq Ft
$64/Sq Ft Est. Value

Last Sold July 27, 2016

Last sale price $180,100 $58 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,265/month

9 Days on Market

Highlights

  • 0.24 Acre Lot
  • 4 Car Detached Garage
  • Forced Air Heating System
  • Franklin Elementary School Rated A
  • Landscaped
  • Wood Siding

About This Home

As of July 2016

Unique offering. 2 Duplexes sold together. Same owner has had both structure over 50 years! Total of 4 bedrooms and a 4 stall garage off alley. Newer roofs. Owner currently pays gas, water, sewer and garbage. Tenants pay electricity.

Last Agent to Sell the Property

Karla Van Eman

AMERICAN WAY REALTY License #00289588 Listed on: 05/29/2016

Last Buyer's Agent

ZAC MURRA

AMERICAN WAY REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,072

Year Built

  • 1877

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 66 x 158
  • Landscaped

Parking

  • 4 Car Detached Garage

Home Design

  • Quadruplex
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 3,124 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Basement

  • Partial Basement
  • Stone Basement

Location

  • Ground Level
  • Upper Level

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electric
  • The owner pays for fuel, lawn, maint/repair, trash, water/sewer
  • Assessor Parcel Number R01.09.07.405.017 and R01.09.07.405.016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,072

Year Built

1877

Lot Details

0

Parking

4

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: 4-plex
  • Construction: Previously Owned
  • Foundation Size: 1716
  • L V T Date: 08/01/2016
  • Mechanicals: Water Heater - Gas
  • Parcel Number: R01.09.07.405.017 and R01.09.07.405.016
  • Price Per Square Foot: 57.65
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 2748
  • Estimated Number of Acres: 0.24
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1877

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 4
  • Basement Material: Stone
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 3124
  • Total Square Footage: 3124

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 4

Utilities

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

Schools

  • School District: Mankato #77

Lot Info

  • Lot/Land Description: Landscaped
  • Estimated Lot Dimensions: 66 x 158

Rental Info

  • Owner Expense: Fuel, Lawn, Maint/Repair, Trash, Water/Sewer
  • Tenant Expense: Cable TV, Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2016
Closed on
Jul 27, 2016
Sold by
Schulte Patricia J
Bought by
Zack Rental Properties Llc
Seller's Agent
Karla Van Eman
AMERICAN WAY REALTY
Buyer's Agent
ZAC MURRA
AMERICAN WAY REALTY
List Price
$189,900
Sold Price
$180,100
Premium/Discount to List
-$9,800
-5.16%
Current Estimated Value
$200,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,351
Avg. Annual Appreciation
1.90%
Original Mortgage
$144,080
Outstanding Balance
$115,799
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$97,974
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
Zack Rental Properties Llc $180,100 Title Resources
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zack Rental Properties Llc $144,080
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2016 07/27/16 Sold $180,100 -5.2% $58 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
05/29/2016 05/29/16 For Sale $189,900 -- $61 / 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 $2,072 $153,200 $16,800 $136,400
2024 $2,072 $149,000 $16,800 $132,200
2023 $1,982 $149,000 $16,800 $132,200
2022 $1,802 $138,500 $16,800 $121,700
2021 $1,776 $116,000 $16,800 $99,200
2020 $1,696 $108,600 $16,800 $91,800
2019 $1,716 $108,600 $16,800 $91,800
2018 $1,664 $109,700 $16,800 $92,900
2017 $1,508 $107,100 $16,800 $90,300
2016 $1,414 $100,900 $16,800 $84,100
2015 $13 $94,700 $16,800 $77,900
2014 $1,472 $91,100 $16,800 $74,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7012422

REALTOR® Association of Southern Minnesota

APN: R01-09-07-405-017