Seller's Agent in 2021
Carlos Carrera
RE/MAX
(507) 720-4663
2 in this area
48 Total Sales
619 N 4th St Unit 619 N 4th Street Mankato, MN 56001
Washington Park NeighborhoodEstimated Value: $187,000 - $203,000
5
Beds
1
Bath
1,736
Sq Ft
$111/Sq Ft
Est. Value
Highlights
- Porch
- Eat-In Kitchen
- Patio
- Franklin Elementary School Rated A
- Woodwork
- Tile Flooring
About This Home
As of January 2021Nice 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.
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
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%
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
$47,249
Avg. Annual Appreciation
6.69%
Original Mortgage
$108,750
Outstanding Balance
$97,724
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$97,755
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 |
|---|---|---|---|
| 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
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 | $1,994 | $176,300 | $31,000 | $145,300 |
| 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
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7025762
APN: R01-09-07-476-043
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