NOT LISTED FOR SALE

630 S 2nd St Unit 630 S Second Street Mankato, MN 56001

Liberty Park Neighborhood

Estimated Value: $203,000 - $240,000

5 Beds
2 Baths
1,925 Sq Ft
$114/Sq Ft Est. Value

Last Sold May 13, 2014

Last sale price $86,500 $45 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $1,350/month

Highlights

  • Wood Flooring
  • Attached Garage
  • Hot Water Heating System
  • Jefferson Elementary School Rated A
  • Woodwork
  • 2-minute walk to Malda Farnham Park

About This Home

As of May 2014

Licensed for 5 unrelated. Seller used to live at property. Open front porch; stucco siding, attached single garage. Main floor: original wood floors, semi-open stairs, leaded glass windows, Living room and dining open; kitchen with snack bar; full bath and bedroom. Upstairs: 4 bedrooms and another full bath. Even a walk-up attic. Rent was $1500/month with tenants paying all the utilities. Don't miss this opportunity for a 5 unrelated license - nearly impossible to get anymore.

Last Agent to Sell the Property

Karla Van Eman

AMERICAN WAY REALTY License #00289588 Listed on: 08/23/2013

Last Buyer's Agent

Bonnie Kruger

CENTURY 21 ATWOOD

CENTURY 21 ATWOOD

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,238

Year Built

  • 1894

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40x112

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 1,925 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Wood Flooring
  • Walkup Attic
  • Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Parking

  • Attached Garage
  • Off-Street Parking

Utilities

  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Short Sale
  • Tenant pays for cable TV, electric, snow, fuel
  • Assessor Parcel Number R01.09.18.152.019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,238

Year Built

1894

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Style: Single Family Rental (L)
  • Construction: Previously Owned
  • Foundation Size: 1017
  • Mechanicals: Water Heater - Gas
  • Parcel Number: R01.09.18.152.019
  • Potential Short Sale: Yes
  • Price Per Square Foot: 44.94
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 2080
  • Estimated Number of Acres: 0.1
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1894

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Basement Features: Unfinished
  • Basement Material: Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1925
  • Total Fin Square Footage: 1925
  • Total Square Footage: 1925

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached

Utilities

  • Fuel: Natural Gas
  • Heat: Hot Water
  • Sewer: City
  • Water: City

Schools

  • School District: Mankato #77

Lot Info

  • Estimated Lot Dimensions: 40x112

Rental Info

  • Tenant Expense: Cable TV, Electric, Snow, Fuel

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2013
Closed on
May 14, 2014
Sold by
Sweet Leonard M
Bought by
Andrin Investments Llc
Seller's Agent
Karla Van Eman
AMERICAN WAY REALTY
Buyer's Agent
Bonnie Kruger
CENTURY 21 ATWOOD
List Price
$109,900
Sold Price
$86,500
Premium/Discount to List
-$23,400
-21.29%
Current Estimated Value
$219,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,906
Avg. Annual Appreciation
9.11%
Original Mortgage
$80,500
Outstanding Balance
$61,769
Interest Rate
4.28%
Mortgage Type
New Conventional
Estimated Equity
$171,621
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Andrin Investments Llc $86,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2014 05/13/14 Sold $86,500 -21.3% $45 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
08/23/2013 08/23/13 For Sale $109,900 -- $57 / 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
2025 $2,238 $176,300 $14,200 $162,100
2024 $2,238 $196,200 $14,200 $182,000
2023 $2,144 $196,500 $14,200 $182,300
2022 $1,916 $182,000 $14,200 $167,800
2021 $1,876 $150,000 $14,200 $135,800
2020 $1,786 $138,700 $14,200 $124,500
2019 $1,636 $138,700 $14,200 $124,500
2018 $1,588 $126,700 $14,200 $112,500
2017 $1,426 $123,500 $14,200 $109,300
2016 $1,330 $116,000 $14,200 $101,800
2015 $13 $108,500 $14,200 $94,300
2014 $1,528 $312,600 $42,600 $270,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7003486

REALTOR® Association of Southern Minnesota

APN: R01-09-18-152-019