
616 N 5th St Mankato, MN 56001
Washington Park NeighborhoodHighlights
- No HOA
- Home Office
- Living Room
- Franklin Elementary School Rated A
- Front Porch
- 5-minute walk to Washington Park
About This Home
As of August 2025There are updates throughout the entire home and you will get your first peek at them as you enter the
front porch/mudroom area, charming bead board ceiling, and Craftsman-style entry door. The main floor offers original hardwood flooring in the foyer, living room, den/office, dining room, and kitchen as well as an updated 3/4 bathroom with tile shower. Upstairs you will find all 4 bedrooms, updated full
bathroom, and new, luxury vinyl tile flooring in all of the bedrooms. One of the bedrooms offers access
to the finished attic space - don't forget to take a peek on your tour! New interior paint. New furnace in 2014, new roof in
2015, most windows updated, kitchen expanded and dishwasher added in 2017, and new 5" gutters added. If all of that isn't enough? This property has a current, 5 unrelated rental license! Don't miss out on this turnkey investment property!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,966
Year Built
- Built in 1923
Lot Details
- 4,966 Sq Ft Lot
- Lot Dimensions are 40x125
Parking
- 1 Car Garage
- Tuck Under Garage
Interior Spaces
- 1,622 Sq Ft Home
- 2-Story Property
- Living Room
- Home Office
- Unfinished Basement
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Additional Features
- Front Porch
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Lamms First Add Subdivision
Listing and Financial Details
- Assessor Parcel Number R010907476025
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in Mankato, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $223,000 | Minnesota River Valley Title | |
Deed | $211,000 | -- | |
Warranty Deed | $182,500 | None Available | |
Deed | $142,100 | Minnesota River Valley Title | |
Warranty Deed | $100,000 | North American Title | |
Deed | $182,500 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $211,850 | New Conventional | |
Previous Owner | $107,850 | New Conventional | |
Previous Owner | $113,680 | New Conventional | |
Previous Owner | $107,100 | New Conventional |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/06/2025 08/06/25 | Sold | $223,000 | -2.2% | $137 / Sq Ft |
07/29/2025 07/29/25 | Pending | -- | -- | -- |
06/25/2025 06/25/25 | Price Changed | $228,000 | -4.6% | $141 / Sq Ft |
06/20/2025 06/20/25 | For Sale | $239,000 | +31.0% | $147 / Sq Ft |
04/02/2021 04/02/21 | For Sale | $182,500 | 0.0% | $113 / Sq Ft |
03/31/2021 03/31/21 | Sold | $182,500 | +82.5% | $113 / Sq Ft |
02/24/2021 02/24/21 | Pending | -- | -- | -- |
05/08/2014 05/08/14 | Sold | $100,000 | -16.6% | $62 / Sq Ft |
04/16/2014 04/16/14 | Pending | -- | -- | -- |
02/19/2014 02/19/14 | For Sale | $119,900 | -- | $74 / Sq Ft |
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 |
---|---|---|---|---|
2025 | $1,966 | $178,000 | $18,800 | $159,200 |
2024 | $1,966 | $172,200 | $18,800 | $153,400 |
2023 | $2,616 | $174,300 | $18,800 | $155,500 |
2022 | $2,448 | $161,900 | $18,800 | $143,100 |
2021 | $2,694 | $139,400 | $18,800 | $120,600 |
2020 | $2,614 | $130,500 | $18,800 | $111,700 |
2019 | $2,564 | $130,500 | $18,800 | $111,700 |
2018 | $2,226 | $126,100 | $18,800 | $107,300 |
2017 | $2,066 | $122,200 | $18,800 | $103,400 |
2016 | $1,966 | $115,100 | $18,800 | $96,300 |
2015 | $10 | $108,000 | $18,800 | $89,200 |
2014 | -- | $104,000 | $18,800 | $85,200 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
Scott MacDougall
LPT Realty, LLC
(651) 242-0595
1 in this area
146 Total Sales
-
Buyer's Agent in 2025
Carrie Zeldenrust
Realty Executives
(507) 317-9338
1 in this area
52 Total Sales
-
Seller's Agent in 2021
ZAC MURRA
AMERICAN WAY REALTY
(507) 381-4543
5 in this area
152 Total Sales
-
Buyer's Agent in 2021
Cindy Florine
CENTURY 21 ATWOOD
(507) 420-4001
5 in this area
67 Total Sales
-
Seller's Agent in 2014
Karla Van Eman
AMERICAN WAY REALTY
(507) 388-2660
3 in this area
283 Total Sales
-
S
Buyer's Agent in 2014
Sherry Dolan
Century 21 Atwood St. Peter
Map
Source: NorthstarMLS
MLS Number: 6740315

APN: R01-09-07-476-025
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