Seller's Agent in 2025
Jason Beal
JBEAL REAL ESTATE GROUP
(507) 381-1060
2 in this area
180 Total Sales
829 S 2nd St Mankato, MN 56001
Lincoln Park Neighborhood
6
Beds
4
Baths
3,286
Sq Ft
7,405
Sq Ft Lot
Highlights
- Corner Lot
- Detached Garage
- Woodwork
- Jefferson Elementary School Rated A-
- Eat-In Kitchen
- 1-minute walk to Lincoln Park
About This Home
As of May 2025Are you looking for the ideal investment opportunity? Here is a "Owner Occupied" 4 plex that can get you started. The main floor unit has been occupied by the owner for the last 26 years. The main floor unit is an updated 2 bedroom, 1 bath with a washer and dryer. The upper level is a spacious 2-3 bedroom unit. The basement is a smaller 1 bedroom unit and contains the mechanical room. The last unit is a one bedroom unit above the garage. All rented units are month to month. The upstairs unit is vacant and the owner will be moving out of the main floor soon. This property has so much potential and has been very well maintained by the owner. The exterior of the home has a great curb appeal and offers a 2 stall garage, off street parking for up to 3 vehicles i there is a snow emergency during the winter. The owner has used the garage for his own purposes and there is plenty of "On Street" parking. All units have seperate gas and electric meters. This is a must see rental property. Call today for a private showing!!
Last Agent to Sell the Property
JBEAL REAL ESTATE GROUP License #20276087 Listed on: 08/15/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,826
Year Built
- Built in 1896
Lot Details
- 7,405 Sq Ft Lot
- Landscaped
- Corner Lot
- Irregular Lot
Home Design
- Quadruplex
- Frame Construction
- Asphalt Shingled Roof
- Steel Siding
Interior Spaces
- 3,286 Sq Ft Home
- 2-Story Property
- Woodwork
- Ceiling Fan
- Washer and Dryer Hookup
Kitchen
- Eat-In Kitchen
- Range
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Stone Basement
- Basement Window Egress
Parking
- Detached Garage
- 2 Parking Spaces Included
- Garage Door Opener
- Driveway
- On-Street Parking
- Off-Street Parking
Outdoor Features
- Patio
Location
- Ground Level
- Lower Level
- Upper Level
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Gas Water Heater
- Water Softener is Owned
Community Details
- 4 Units
Listing and Financial Details
- The owner pays for lawn, maint/repair, snow, trash, water/sewer
- Assessor Parcel Number R01.09.18.157.009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 15, 2024
Closed on
May 13, 2025
Sold by
Bjorklund Kenneth J
Bought by
Hage Lynn A
Seller's Agent
Jason Beal
JBEAL REAL ESTATE GROUP
Buyer's Agent
Jason Beal
JBEAL REAL ESTATE GROUP
List Price
$399,900
Sold Price
$340,000
Premium/Discount to List
-$59,900
-14.98%
Views
117
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
-$6,850
Avg. Annual Appreciation
-2.29%
Original Mortgage
$272,000
Outstanding Balance
$271,035
Interest Rate
6.64%
Mortgage Type
Credit Line Revolving
Estimated Equity
$62,115
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $340,000 | Blethen Berens Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $272,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/13/2025 05/13/25 | Sold | $340,000 | -9.6% | $103 / Sq Ft |
| 03/25/2025 03/25/25 | Pending | -- | -- | -- |
| 01/13/2025 01/13/25 | Price Changed | $375,900 | -6.0% | $114 / Sq Ft |
| 08/15/2024 08/15/24 | For Sale | $399,900 | -- | $122 / Sq Ft |
Source: REALTOR® Association of Southern Minnesota
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 | $4,830 | $410,100 | $37,200 | $372,900 |
| 2024 | $4,830 | $394,100 | $37,100 | $357,000 |
| 2023 | $4,674 | $394,100 | $37,100 | $357,000 |
| 2022 | $4,202 | $365,000 | $37,100 | $327,900 |
| 2021 | $3,878 | $307,200 | $37,100 | $270,100 |
| 2020 | $3,780 | $275,000 | $37,100 | $237,900 |
| 2019 | $3,268 | $275,000 | $37,100 | $237,900 |
| 2018 | $3,012 | $236,900 | $37,100 | $199,800 |
| 2017 | $2,696 | $219,800 | $20,200 | $199,600 |
| 2016 | $2,686 | $205,100 | $20,200 | $184,900 |
| 2015 | $27 | $205,100 | $20,200 | $184,900 |
| 2014 | $2,774 | $51,300 | $5,100 | $46,200 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Beal
-
Anthony White
Seller Co-Listing Agent in 2025
Anthony White
JBEAL REAL ESTATE GROUP
(952) 393-1260
1 in this area
71 Total Sales
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7035700
APN: R01-09-18-157-009
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