NOT LISTED FOR SALE
4 Beds
2 Baths
1,880 Sq Ft
1881 Built

Last Sold December 01, 2015

Last sale price $144,000 $77 Per Sq Ft

31 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • 1 Car Detached Garage
  • Franklin Elementary School Rated A
  • Balcony
  • Porch

About This Home

As of December 2015

This is the solid investment property you've been waiting for! This clean and well maintained duplex is conveniently located closet to schools and shopping. With two bedrooms per floor, each renting at $860 per month, this property has an excellent rental history that proves it a valuable investment. The current rental license is for up to 5 unrelated person PER UNIT! Could also make a great home for a larger single family. Notable features include: hardwood floors, ceiling fans, spacious rooms, large closets, shared laundry room, parking pad for 3 vehicles and a 1 car garage. The back yard also holds a quaint patio, fire pit and storage shed attached to the rear of the garage. Come take a look today at all this property has to offer!

Last Agent to Sell the Property

Michael Atwood

CENTURY 21 ATWOOD Listed on: 09/14/2015

Last Buyer's Agent

Kimberly Waletich

RE/MAX Results License #20314334

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,190

Year Built

  • 1881

Lot Details

  • Lot Dimensions are 33x158
  • Landscaped with Trees

Parking

  • 1 Car Detached Garage
  • 2 Parking Spaces Included
  • On-Street Parking
  • Off-Street Parking

Home Design

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

Interior Spaces

  • 1,880 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Stone Basement
  • Block Basement Construction

Outdoor Features

  • Balcony
  • Patio
  • Porch

Location

  • Ground Level
  • Upper Level

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating

Listing and Financial Details

  • The owner pays for electric, fuel, trash, water/sewer
  • Assessor Parcel Number R01-09-07-255-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,190

Year Built

1881

Lot Details

0

Parking

1

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessment Balance: 586.41
  • Assessments: Yes
  • Construction: Previously Owned
  • Parcel Number: R01-09-07-255-007
  • Price Per Square Foot: 76.6
  • Projected Closed Date: 11/14/2015
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 1558
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1881

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Basement Features: Unfinished
  • Basement Material: Concrete Block, Stone
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1880
  • Total Square Footage: 1880

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles
  • Exterior Amenities: Balcony, Patio, Porch

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 1
  • Number Off Street Parking: 3

Utilities

  • Fuel: Natural Gas
  • Heat: Baseboard, Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Mankato #77

Lot Info

  • Lot/Land Description: Tree Coverage - Medium
  • Estimated Lot Dimensions: 33x158

Rental Info

  • Owner Expense: Electric, Fuel, Trash, Water/Sewer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2019
Sold by
Kiefer Alan M and Kiefer Margaret M
Bought by
Grasshopper Properties Llc

Purchase Details

Listed on
Sep 14, 2015
Closed on
Nov 27, 2015
Sold by
Umphrey Andrew D and Umphrey Erin M
Bought by
Kiefer James T and Kiefer Alan M
Seller's Agent
Michael Atwood
CENTURY 21 ATWOOD
Buyer's Agent
Kimberly Waletich
RE/MAX Results
List Price
$159,900
Sold Price
$144,000
Premium/Discount to List
-$15,900
-9.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 6, 2007
Sold by
Wick Kenneth A and Wick Rachael M
Bought by
Umphrey Andrew D and Umphrey Leslee E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,740
Interest Rate
6.54%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Grasshopper Properties Llc -- None Available
Grasshopper Properties Llc -- None Available
Kiefer James T $144,000 --
Umphrey Andrew D $142,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dragon Enterprises Llc $112,000
Previous Owner Kiefer Alan M $135,000
Previous Owner Kiefer James T $96,200
Previous Owner Kiefer James T $50,000
Previous Owner Umphrey Andrew D $143,000
Previous Owner Umphrey Andrew D $137,740
Previous Owner Wick Kenneth A $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2015 12/01/15 Sold $144,000 -9.9% $77 / Sq Ft
10/15/2015 10/15/15 Pending -- -- --
09/14/2015 09/14/15 For Sale $159,900 -- $85 / 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 $3,190 $201,300 $20,200 $181,100
2024 $3,190 $200,700 $20,200 $180,500
2023 $3,154 $205,000 $20,200 $184,800
2022 $2,318 $192,400 $20,200 $172,200
2021 $2,370 $149,600 $20,200 $129,400
2020 $2,518 $161,900 $20,200 $141,700
2019 $2,420 $161,900 $20,200 $141,700
2018 $2,142 $155,200 $20,200 $135,000
2017 $1,928 $138,300 $20,200 $118,100
2016 $1,492 $129,300 $20,200 $109,100
2015 $16 $121,900 $20,200 $101,700
2014 $1,386 $344,100 $60,600 $283,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7009620

REALTOR® Association of Southern Minnesota

APN: R01-09-07-255-007