Seller's Agent in 2023
Dennis Terrell
RE/MAX
(507) 340-4562
5 in this area
204 Total Sales
609 609 E Main St Mankato, MN 56001
Alexander Park NeighborhoodEstimated Value: $173,718
3
Beds
1
Bath
1,937
Sq Ft
$90/Sq Ft
Est. Value
Highlights
- 1-Story Property
- Forced Air Heating System
- 5-minute walk to Alexander Park
- Water Softener is Owned
- Wood Siding
About This Home
As of September 2023Welcome to this charming 1955 home! Stepping through the front door, you are greeted by a warm and inviting living space. The interior showcases beautifully redone hardwood floors that exude timeless elegance, providing a solid foundation for your personal touches. The sunlight streaming through the windows bathes the room in a comforting glow, creating a cozy atmosphere that immediately makes you feel at home. With three bedrooms, this home offers ample space for a growing family or the option to convert one of the rooms into a home office or hobby space. The bathroom, though modest, is functional and features all the essentials you need. Its neutral color scheme allows you to easily customize the space to your liking, adding your personal flair to transform it into a cozy retreat. This 1955 house surprises you with a bonus second living room in the basement. This additional space provides endless possibilities for expanding your living area, creating a home theater, or designing a comfortable retreat for relaxation and entertainment. The house includes a garage stall, providing convenient parking or additional storage space for your belongings. Whether you need a spot to protect your vehicle from the elements or a workshop for your DIY projects, this garage offers versatility to cater to your needs. Recent updates add to the appeal of this property. The new carpeting enhances the coziness of the bedrooms, offering a plush surface underfoot. The brand new water heater ensures a steady supply of hot water, adding convenience to your daily routines. Embrace the opportunity to make this house your own by selecting colors that inspire you, and watch as it transforms into a place that feels truly like home. With your personal touch, this home will become a masterpiece that perfectly suits your style and taste. Don't miss out on this incredible chance to turn this house into your dream home. With its three bedrooms, one bathroom, garage stall, redone hardwood floors, new carpet, and updated water heater, this property is brimming with potential and waiting for you to unlock its true value. **The select photos have been virtually staged with furniture and two exterior photos have been edited to give a potential buyer an idea what the exterior may look like if they choose to change the exterior paint color. **
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,498
Year Built
- Built in 1955
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 78.75 x 66
Home Design
- Wood Siding
- Concrete Block And Stucco Construction
Interior Spaces
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Block Basement Construction
Parking
- 1 Car Garage
- Tuck Under Garage
Utilities
- Forced Air Heating System
- Gas Water Heater
- Water Softener is Owned
Listing and Financial Details
- Assessor Parcel Number R010918211002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 13, 2023
Closed on
Sep 29, 2023
Sold by
Gutha Lee
Bought by
Olson Jacob
Seller's Agent
Dennis Terrell
RE/MAX DYNAMIC AGENTS
Buyer's Agent
Bridget Yokiel
REALTY EXECUTIVES ASSOCIATES
List Price
$185,000
Sold Price
$137,500
Premium/Discount to List
-$47,500
-25.68%
Total Days on Market
57
Views
340
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,218
Avg. Annual Appreciation
15.73%
Purchase Details
Closed on
Jun 21, 2013
Sold by
Korth James E and Korth Marilyn J
Bought by
Ernest Gutha Lee Edward and Gutha Amy A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,514
Interest Rate
3.88%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Olson Jacob | $137,500 | -- | |
| Ernest Gutha Lee Edward | $82,000 | Dataquick Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gutha Lee E | $93,000 | |
| Previous Owner | Ernest Gutha Lee Edward | $80,514 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/29/2023 09/29/23 | Sold | $137,500 | -14.1% | $71 / Sq Ft |
| 09/08/2023 09/08/23 | Pending | -- | -- | -- |
| 08/20/2023 08/20/23 | Price Changed | $160,000 | -8.6% | $83 / Sq Ft |
| 08/02/2023 08/02/23 | Price Changed | $175,000 | -5.4% | $90 / Sq Ft |
| 07/13/2023 07/13/23 | For Sale | $185,000 | -- | $96 / Sq Ft |
Source: REALTOR® Association of Southern Minnesota
Tax History Compared to Growth
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 | $2,486 | $162,600 | $19,200 | $143,400 |
| 2023 | $2,268 | $159,900 | $19,200 | $140,700 |
| 2022 | $2,092 | $148,800 | $19,200 | $129,600 |
| 2021 | $1,300 | $126,700 | $19,200 | $107,500 |
| 2020 | $1,224 | $117,300 | $19,200 | $98,100 |
| 2019 | $1,180 | $117,300 | $19,200 | $98,100 |
| 2018 | $1,142 | $113,800 | $19,000 | $94,800 |
| 2017 | $998 | $111,100 | $19,000 | $92,100 |
| 2016 | $908 | $104,800 | $19,000 | $85,800 |
| 2015 | $9 | $98,500 | $19,000 | $79,500 |
| 2014 | $950 | $94,900 | $19,000 | $75,900 |
Source: Public Records
Agents Affiliated with this Home
-
Dennis Terrell
-
Bridget Yokiel
Buyer's Agent in 2023
Bridget Yokiel
Realty Executives
(507) 327-7122
1 in this area
78 Total Sales
Map
Similar Homes in Mankato, MN
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7032839
APN: R01-09-18-211-002
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