621 N 2nd St Mankato, MN 56001
Riverfront Park NeighborhoodEstimated Value: $214,000 - $286,000
4
Beds
2
Baths
2,054
Sq Ft
$119/Sq Ft
Est. Value
Highlights
- 0.25 Acre Lot
- Detached Garage
- Patio
- Franklin Elementary School Rated A
- Eat-In Kitchen
- Forced Air Heating System
About This Home
As of April 2016Come check out this great duplex! Perfect for an investor or an owner occupant who wants to rent out a unit and have a very low housing expense! This house features a brand new front porch, original stairwell in the foyer and spacious 2 bedroom units on the main floor and upstairs. Each kitchen has ample storage with pantries, and access is a breeze with an additional stairwell in the back of the house. There is a 2-stall detached garage in the back with alley access. Nice, central location!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,612
Year Built
- 1896
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 33x157
- Partially Fenced Property
Home Design
- Duplex
- Frame Construction
- Asphalt Shingled Roof
- Stucco Exterior
Interior Spaces
- 2,054 Sq Ft Home
- 2-Story Property
Kitchen
- Eat-In Kitchen
- Range
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Unfinished Basement
- Partial Basement
- Stone Basement
Parking
- Detached Garage
- 1 Parking Space Included
- On-Street Parking
- Off-Street Parking
Outdoor Features
- Patio
Location
- Ground Level
- Upper Level
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Gas Water Heater
Community Details
- Community Deck or Porch
Listing and Financial Details
- Tenant pays for cable TV, electric
- The owner pays for maint/repair, water/sewer
- Assessor Parcel Number R01.09.07.409.003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 1, 2019
Sold by
Wenner Lana R and Wenner Michael T
Bought by
621 N Second Llc
Total Days on Market
273
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,200
Outstanding Balance
$71,721
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$166,032
Purchase Details
Closed on
Nov 21, 2018
Sold by
Jbs Development Llc
Bought by
Wenner Lana R and Zins Lori K
Purchase Details
Listed on
Jun 30, 2015
Closed on
Apr 29, 2016
Sold by
Hchc Properties Llc
Bought by
Jbs Development Llc
Seller's Agent
Shannon Beal
JBEAL REAL ESTATE GROUP
Buyer's Agent
Anthony White
JBEAL REAL ESTATE GROUP
List Price
$114,900
Sold Price
$95,000
Premium/Discount to List
-$19,900
-17.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%
Original Mortgage
$93,400
Interest Rate
3.71%
Mortgage Type
Commercial
Similar Homes in Mankato, MN
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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 |
|---|---|---|---|
| 621 N Second Llc | -- | None Available | |
| Wenner Lana R | $119,000 | None Available | |
| Jbs Development Llc | $95,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wenner Lana R | $105,200 | |
| Previous Owner | Jbs Development Llc | $93,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/29/2016 04/29/16 | Sold | $95,000 | -17.3% | $46 / Sq Ft |
| 03/29/2016 03/29/16 | Pending | -- | -- | -- |
| 06/30/2015 06/30/15 | For Sale | $114,900 | -- | $56 / 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 | $2,612 | $188,400 | $16,800 | $171,600 |
| 2023 | $2,292 | $172,700 | $16,800 | $155,900 |
| 2022 | $2,038 | $160,300 | $16,800 | $143,500 |
| 2021 | $1,972 | $131,300 | $16,800 | $114,500 |
| 2020 | $1,882 | $120,600 | $16,800 | $103,800 |
| 2019 | $1,880 | $120,600 | $16,800 | $103,800 |
| 2018 | $1,818 | $120,200 | $16,800 | $103,400 |
| 2017 | $1,648 | $117,200 | $16,800 | $100,400 |
| 2016 | $1,542 | $110,300 | $16,800 | $93,500 |
| 2015 | $15 | $103,400 | $16,800 | $86,600 |
| 2014 | $1,234 | $99,500 | $16,800 | $82,700 |
Source: Public Records
Agents Affiliated with this Home
-
Shannon Beal
Seller's Agent in 2016
Shannon Beal
JBEAL REAL ESTATE GROUP
(507) 469-9530
161 Total Sales
-
Jason Beal
Seller Co-Listing Agent in 2016
Jason Beal
JBEAL REAL ESTATE GROUP
(507) 381-1060
195 Total Sales
-
Anthony White
Buyer's Agent in 2016
Anthony White
JBEAL REAL ESTATE GROUP
(952) 393-1260
71 Total Sales
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7008944
APN: R01-09-07-409-003
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