$167,000
SOLD MAY 31, 2013

802 Troendle St SE Mapleton, MN 56065

6 Beds
4 Baths
5,376 Sq Ft
0.34 Acres

Recently Sold

$31 Per Sq Ft

22% Below List Price

587 Days on Market

About This Home

As of December 2020

Well maintained 4 plex with great rental history and cash flow. These are large 2BR apts with plenty of storage. BR 12x13; LR/Dining 16x20, Eat-In Kit 12x15. Each unit includes a storage closet in the hall. All apt appliances & water softener are incl in the sale. W/D belong to service company and are not incl in sale. High efficient hot water heating system was recently installed. Lanlord rents perAdd to rent $25/garage. Opportunity to purchase additional on-site storage building is also available for an additional $25,000. Property is master metered for water/sewer, heat which is paid for by the landlord. Tenant pays their own electric lights. Each apt has its own 100 amp electrical service. 2010 Financials: Gross Inc: $27,000 Exp: $10,150 NOI: $16,850 Cap rate: 8.0.

Last Agent to Sell the Property

James Ness

HOMESTEAD REALTY, LLC Listed on: 07/01/2011

Last Buyer's Agent

NATHAN GRUENZNER

TRUE REAL ESTATE License #40086772

TRUE REAL ESTATE

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,816

Year Built

  • 1975

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 65x229

Home Design

  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 5,376 Sq Ft Home
  • 2-Story Property
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Location

  • Ground Level
  • Upper Level

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiant Heating System
  • Water Softener is Owned

Community Details

  • Gross Income $27,000

Listing and Financial Details

  • The owner pays for fuel, lawn, snow, trash, water/sewer
  • Assessor Parcel Number 15.24.04.427.013

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,816

Year Built

1975

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Style: Apartment Building (L)
  • Assessments: Pending
  • Construction: Previously Owned
  • Mechanicals: Water Softner - Owned
  • Parcel Number: 15.24.04.427.013
  • Price Per Square Foot: 31.06
  • Stories: 2 Story
  • Taxes With Assessments: 3190
  • Estimated Number of Acres: 0.34
  • Zoning: R
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1975

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 6
  • Total Bathrooms: 4
  • Basement Style: Slab
  • Finished Above Grade Sq Ft: 5376
  • Total Square Footage: 5376

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood

Utilities

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

Schools

  • School District: Fairmont Area #2752

Lot Info

  • Estimated Lot Dimensions: 65x229

Rental Info

  • Owner Expense: Fuel, Lawn, Snow, Trash, Water/Sewer
  • Type of Tenancy: Month to Month

Multi Family

  • Est Annual Gross Expense: 10750
  • Est Annual Gross Income: 27000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2024
Sold by
Roberts Jordan and Roberts Nathan
Bought by
Hammond Tyler and Rikli Alexa
Current Estimated Value
$180,460

Purchase Details

Listed on
Sep 17, 2020
Closed on
Dec 18, 2020
Sold by
Burns Walser Properties Llc
Bought by
Moorse Jordan D
Seller's Agent
Samantha Kaul
CENTURY 21 ATWOOD
Buyer's Agent
Zoe Anderson
TRUE REAL ESTATE
List Price
$159,900
Sold Price
$148,000
Premium/Discount to List
-$11,900
-7.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$143,560
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 17, 2020
Closed on
Dec 4, 2020
Sold by
Walser Andrew and Walser Lori
Bought by
Burns Walser Properties Llc
Seller's Agent
Samantha Kaul
CENTURY 21 ATWOOD
Buyer's Agent
Zoe Anderson
TRUE REAL ESTATE
List Price
$159,900
Sold Price
$148,000
Premium/Discount to List
-$11,900
-7.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,560
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 17, 2020
Closed on
Nov 12, 2020
Sold by
Burns Walser Properties Llc
Bought by
Walser Andrew and Burns Casey
Seller's Agent
Samantha Kaul
CENTURY 21 ATWOOD
Buyer's Agent
Zoe Anderson
TRUE REAL ESTATE
List Price
$159,900
Sold Price
$148,000
Premium/Discount to List
-$11,900
-7.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,560
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2017
Sold by
Jenkins Norman G
Bought by
Burns Walser Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
3.85%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Deed $155,000 --
Warranty Deed $148,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed $85,000 --
Deed $148,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $143,560 New Conventional
Previous Owner $120,000 New Conventional
Previous Owner $85,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Closed $143,560 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $148,000 -7.4% $94 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $159,900 -4.3% $102 / Sq Ft
05/31/2013 05/31/13 Sold $167,000 -22.3% $31 / Sq Ft
02/07/2013 02/07/13 Pending -- -- --
07/01/2011 07/01/11 For Sale $215,000 -- $40 / 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 $2,816 $195,200 $13,600 $181,600
2024 $2,816 $209,300 $13,600 $195,700
2023 $2,978 $207,500 $13,600 $193,900
2022 $2,464 $204,200 $13,600 $190,600
2021 $2,700 $154,200 $13,600 $140,600
2020 $2,162 $139,600 $13,600 $126,000
2019 $2,374 $139,600 $13,600 $126,000
2018 $2,320 $150,700 $13,600 $137,100
2017 $2,130 $143,100 $13,600 $129,500
2016 $1,710 $124,700 $13,600 $111,100
2015 $18 $120,200 $13,600 $106,600
2014 $2,094 $130,700 $13,600 $117,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 128716

REALTOR® Association of Southern Minnesota

APN: R15-24-04-427-018