NOT LISTED FOR SALE

Estimated Value: $261,000 - $360,000

5 Beds
2 Baths
2,636 Sq Ft
$110/Sq Ft Est. Value

Last Sold August 20, 2018

Last sale price $198,000 $75 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,842/month

19 Days on Market

Highlights

  • 0.24 Acre Lot
  • Franklin Elementary School Rated A
  • Detached Garage

About This Home

As of August 2018

This home is located at 722 N Broad St, Mankato, MN 56001 since 09 June 2018 and is currently estimated at $289,273, approximately $109 per square foot. This property was built in 1906. 722 N Broad St 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.

Last Agent to Sell the Property

Angie VanEman Lynch

AMERICAN WAY REALTY Listed on: 06/09/2018

Co-Listed By

Cheryl Krengel

JBEAL REAL ESTATE GROUP

Last Buyer's Agent

ZAC MURRA

AMERICAN WAY REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,686

Year Built

  • 1906

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 66x157

Parking

  • Detached Garage

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 2,636 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Location

  • Ground Level
  • Upper Level

Utilities

  • Window Unit Cooling System
  • Boiler Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R01.09.07.408.023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,686

Year Built

1906

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Foundation Size: 1017
  • L V T Date: 07/10/2018
  • Mechanicals: Water Heater - Electric
  • Parcel Number: R01.09.07.408.023
  • Price Per Square Foot: 75.11
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 2832
  • Estimated Number of Acres: 0.24
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1906

Interior Features

  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Basement Features: Partially Finished
  • Basement Material: Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2636
  • Total Square Footage: 2636
  • Below Grade Finished Sq Ft: 327

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Metal
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached

Utilities

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

Schools

  • School District: Mankato #77

Lot Info

  • Estimated Lot Dimensions: 66x157

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2021
Sold by
Worrell Jason B and Worrell Jenna E
Bought by
Prestige Worrellwide Llc
Total Days on Market
19
Current Estimated Value
$289,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Outstanding Balance
$137,288
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$148,275

Purchase Details

Listed on
Jun 9, 2018
Closed on
Aug 20, 2018
Sold by
Henninger Tanner T
Bought by
Worrell Jason B and Worrell Jenna E
Seller's Agent
Angie VanEman Lynch
AMERICAN WAY REALTY
Buyer's Agent
ZAC MURRA
AMERICAN WAY REALTY
List Price
$189,900
Sold Price
$198,000
Premium/Discount to List
$8,100
4.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$148,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2015
Sold by
Drummer Development Inc
Bought by
Henninger Tanner T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2015
Sold by
Hanten Jeffrey D and Hanten Jane A
Bought by
Drummer Dev Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.83%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in Mankato, MN

  • 612 Marsh St, Mankato, MN 56001

    $245,000

    • 6 Beds
    • 2 Baths
    • 1,120 Sq Ft
    • 612 Marsh St
    • Mankato, MN

    Duplex located in central Mankato, just down the hill from Bethany College. Upper level has 3 bedrooms and full bath. Stairs connecting to lower unit, which also has 3 bedroom and bath. Laundry located in lower level off the utility room. One stall attached garage with off street parking next to alley. This is a licensed duplex but currently rented as whole house for $1925 + pet rent & tenants

    Kellie Krumwiede Connect Real Estate Group

    Section Image
  • 217 Center St, Mankato, MN 56001

    $369,900

    • 7 Beds
    • 3 Baths
    • 3,712 Sq Ft
    • 217 Center St
    • Mankato, MN

    Check out this exceptional owner-occupied triplex with current rental license on units 2 & 3! This beauty sits in the heart of Mankato, and is meticulous! The sellers have done extensive remodeling and improvements since they purchased, and it is one of the nicest income producing properties offered! Just to name a few updates/upgrades: granite countertops, subway tile, stainless appliances,

    Michelle Starkey TRUE REAL ESTATE

    Section Image
  • 1733 Bassett Dr, Mankato, MN 56001

    $285,000

    • 3 Beds
    • 2 Baths
    • 1,582 Sq Ft
    • 1733 Bassett Dr
    • Mankato, MN

    Wonderful twinhome conveniently located in hilltop Mankato! Features 3 bedrooms and 2 full baths with a full basement that's partially finished for future expansion. Large living room with a gas fireplace, main floor laundry, private primary suite with double sinks, separate tub and shower and a walk-in closet. Enjoy the spacious kitchen with a breakfast bar and dining room area with a patio door

    Lynnea Wetzel RE/MAX Advantage Plus

    Section Image
  • 3203 Scotch Ln, Mankato, MN 56001

    $303,000

    • 3 Beds
    • 2.5 Baths
    • 1,800 Sq Ft
    • 3203 Scotch Ln
    • Mankato, MN

    READY FOR October 1 Possession. Located on an interior lot, this Luxury New Construction Twin Home with open plan providing a foyer, great storage, kitchen center island, stainless appliances and main floor laundry. Upstairs you will find 3 generous bedrooms, including the Primary withen-suite bathroom and large walk in closet. Now available for immediate possession! Luxury Twin Homes with open

    Rebecca Thate RE/MAX Advantage Plus

    Section Image
  • 3122 Scotch Ln, Mankato, MN 56001

    $299,900

    • 3 Beds
    • 2.5 Baths
    • 1,800 Sq Ft
    • 3122 Scotch Ln
    • Mankato, MN

    READY FOR October 31 Possession. Luxury New Construction Twin Home with open plan providing a foyer, great storage, kitchen center island, stainless appliances and main floor laundry. Upstairs you will find 3 generous bedrooms, including the Primary with en-suite bathroom and large walk in closet. Now available for immediate possession! Luxury Twin Homes with open plan providing a foyer, great

    Rebecca Thate RE/MAX Advantage Plus

    Section Image
  • 3118 Scotch Ln, Mankato, MN 56001

    $299,900

    • 3 Beds
    • 2.5 Baths
    • 1,800 Sq Ft
    • 3118 Scotch Ln
    • Mankato, MN

    Under Construction Now- Beautiful New Twin Homes with open plan providing a foyer, great storage, kitchen center island, stainlessappliances and main floor laundry. Upstairs you will find 3 generous bedrooms, including the Primary with en-suite bathroom. The landscaping is included,the garage is insulated and drywalled. Very efficient and low maintenance twin home living. (no association) Great

    Rebecca Thate RE/MAX Advantage Plus

    Section Image
  • 3110 Scotch Ln, Mankato, MN 56001

    $299,900

    • 3 Beds
    • 2.5 Baths
    • 1,800 Sq Ft
    • 3110 Scotch Ln
    • Mankato, MN

    Under Construction Now- Beautiful New Twin Homes with open plan providing a foyer, great storage, kitchen center island, stainlessappliances and main floor laundry. Upstairs you will find 3 generous bedrooms, including the Primary with en-suite bathroom. The landscaping is included,the garage is insulated and drywalled. Very efficient and low maintenance twin home living. (no association) Great

    Rebecca Thate RE/MAX Advantage Plus

    Section Image
  • 3106 Scotch Ln, Mankato, MN 56001

    $299,900

    • 3 Beds
    • 2.5 Baths
    • 1,800 Sq Ft
    • 3106 Scotch Ln
    • Mankato, MN

    Under Construction Now- Beautiful New Twin Homes with open plan providing a foyer, great storage, kitchen center island, stainlessappliances and main floor laundry. Upstairs you will find 3 generous bedrooms, including the Primary with en-suite bathroom. The landscaping is included,the garage is insulated and drywalled. Very efficient and low maintenance twin home living. (no association) Great

    Rebecca Thate RE/MAX Advantage Plus

    Section Image
  • 3104 Scotch Ln, Mankato, MN 56001

    $299,900

    • 3 Beds
    • 2.5 Baths
    • 1,800 Sq Ft
    • 3104 Scotch Ln
    • Mankato, MN

    Now available for immediate possession! Luxury Twin Homes with open plan providing a foyer, great storage, kitchen center island, stainless appliances and main floor laundry. Upstairs you will find 3 generous bedrooms, including the Primary with en-suite bathroom. The hardscape, seeded lawn, and all appliances are included. The garage is insulated and drywalled. Very efficient and low maintenance

    Rebecca Thate RE/MAX Advantage Plus

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Prestige Worrellwide Llc -- Stewart Title
Worrell Jason B $198,000 North American Title
Henninger Tanner T $175,000 --
Drummer Dev Inc $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prestige Worrellwide Llc $148,500
Previous Owner Worrell Jason B $148,500
Previous Owner Henninger Tanner T $22,000
Previous Owner Henninger Tanner T $140,000
Previous Owner Hanten Jeffrey D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2018 08/20/18 Sold $198,000 +4.3% $75 / Sq Ft
06/28/2018 06/28/18 Pending -- -- --
06/09/2018 06/09/18 For Sale $189,900 -- $72 / 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 $3,686 $266,400 $33,700 $232,700
2023 $3,548 $266,400 $33,700 $232,700
2022 $3,150 $249,000 $33,700 $215,300
2021 $3,124 $203,700 $33,700 $170,000
2020 $2,986 $192,300 $33,700 $158,600
2019 $2,922 $192,300 $33,700 $158,600
2018 $2,832 $187,700 $33,300 $154,400
2017 $2,574 $183,300 $33,300 $150,000
2016 $2,416 $173,000 $33,300 $139,700
2015 $26 $162,700 $33,300 $129,400
2014 -- $159,600 $33,300 $126,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7018352

REALTOR® Association of Southern Minnesota

APN: R01-09-07-408-023