NOT LISTED FOR SALE

619 N 4th St Unit 619 N 4th Street Mankato, MN 56001

Washington Park Neighborhood

Estimated Value: $175,000 - $229,000

5 Beds
1 Bath
1,736 Sq Ft
$113/Sq Ft Est. Value

Last Sold January 12, 2021

Last sale price $145,000 $84 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,259/month

26 Days on Market

Highlights

  • Porch
  • Eat-In Kitchen
  • Patio
  • Franklin Elementary School Rated A
  • Woodwork
  • Tile Flooring

About This Home

As of January 2021

Nice home centrally located with a 5 unrelated rental license. Currently leased through 7/2021 and ready to lease for the upcoming school year. Home offers a great layout, nice size eat-in kitchen, large bedrooms and living areas, plus main floor laundry. Plenty of off street parking available. Tenants pay all utilities. This home could be a great investment if your student is attending a local college! The home has potential to generate up to 1,875/mo. Or it could be owner occupied, potential of relocating current tenants.

Last Agent to Sell the Property

Carlos Carrera

RE/MAX DYNAMIC AGENTS Listed on: 11/09/2020

RE/MAX DYNAMIC AGENTS

Last Buyer's Agent

Carlos Carrera

RE/MAX DYNAMIC AGENTS Listed on: 11/09/2020

RE/MAX DYNAMIC AGENTS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,994

Year Built

  • 1901

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 66 x 125
  • Few Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 1,736 Sq Ft Home
  • Woodwork
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Stone Basement

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • Gross Income $17,520

Listing and Financial Details

  • Tenant pays for electric, water/sewer, fuel
  • Assessor Parcel Number R010907476043

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,994

Year Built

1901

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Style: Single Family Rental (L)
  • Construction: Previously Owned
  • Foundation Size: 600
  • L V T Date: 11/10/2020
  • Mechanicals: Water Heater - Gas
  • Parcel Number: R010907476043
  • Price Per Square Foot: 83.53
  • Rental License: Yes
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Taxes With Assessments: 1680
  • Estimated Number of Acres: 0.19
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1901

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan/Hood, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Total Bathrooms: 1
  • Basement Features: Unfinished
  • Basement Material: Stone
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1736
  • Total Square Footage: 1736

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Construction Type: Frame/Wood
  • Exterior: Stucco
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Asphalt, Patio, Porch

Garage/Parking

  • Number Off Street Parking: 5

Utilities

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

Schools

  • School District: Mankato #77

Lot Info

  • Lot/Land Description: Tree Coverage - Light, Paved Streets
  • Estimated Lot Dimensions: 66 x 125

Rental Info

  • Tenant Expense: Electric, Water/Sewer, Fuel
  • Type of Tenancy: One Year Lease

Multi Family

  • Est Annual Gross Income: 17520

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2020
Closed on
Jan 12, 2021
Sold by
111 Knollcrest Drive Llc
Bought by
Storkel Daniel W and Kunz Shari
Seller's Agent
Carlos Carrera
RE/MAX DYNAMIC AGENTS
Buyer's Agent
Carlos Carrera
RE/MAX DYNAMIC AGENTS
List Price
$174,900
Sold Price
$145,000
Premium/Discount to List
-$29,900
-17.1%
Total Days on Market
26
Current Estimated Value
$195,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,479
Avg. Annual Appreciation
6.67%
Original Mortgage
$108,750
Outstanding Balance
$98,603
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$94,008

Purchase Details

Closed on
Nov 6, 2006
Sold by
Growth Holdings Llc
Bought by
111 Knollcrest Drive Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.47%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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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
Storkel Daniel W $145,000 St Andrews Title
Storkel Daniel Daniel $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Storkel Daniel W $108,750
Previous Owner 111 Knollcrest Drive Llc $228,000
Previous Owner 111 Knollcrest Drive Llc $250,000
Previous Owner Growth Holdings Llc $60,000
Previous Owner Partners For Affordable Housing Inc $310,000
Closed Storkel Daniel Daniel $108,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2021 01/12/21 Sold $145,000 -17.1% $84 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $174,900 -- $101 / 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 $1,994 $174,600 $31,000 $143,600
2023 $1,924 $174,600 $31,000 $143,600
2022 $1,798 $163,200 $31,000 $132,200
2021 $1,754 $140,600 $31,000 $109,600
2020 $1,680 $130,500 $31,000 $99,500
2019 $1,638 $130,500 $31,000 $99,500
2018 $1,594 $126,800 $31,000 $95,800
2017 $1,446 $124,100 $31,000 $93,100
2016 $1,364 $117,700 $31,000 $86,700
2015 $13 $111,300 $31,000 $80,300
2014 -- $323,100 $93,000 $230,100
Source: Public Records

Agents Affiliated with this Home

  • Carlos Carrera

    Seller's Agent in 2021

    Carlos Carrera

    RE/MAX

    (507) 720-4663

    2 in this area

    47 Total Sales

    Carlos Carrera
    Section Image
See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7025762

REALTOR® Association of Southern Minnesota

APN: R01-09-07-476-043

Minnesota Blue Earth County Mankato 56001 Washington Park

619 N 4th St Unit 619 N 4th Street, Mankato, MN

This home is located at 619 N 4th St Unit 619 N 4th Street, Mankato, MN 56001 since 09 November 2020 and is currently estimated at $195,479, approximately $112 per square foot. This property was built in 1901. 619 N 4th St Unit 619 N 4th Street is a home located in Blue Earth County with nearby schools including Franklin Elementary School, Prairie Winds Middle School, and Mankato East Senior High School.

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