NOT LISTED FOR SALE

928 N 4th St Unit 928 N 4th Mankato, MN 56001

Tourtellotte Park Neighborhood

Estimated Value: $194,088 - $225,000

5 Beds
2 Baths
1,685 Sq Ft
$128/Sq Ft Est. Value

Last Sold March 25, 2020

Last sale price $159,000 $94 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,375/month

17 Days on Market

About This Home

As of March 2020

5 bedroom, 2 full baths, licensed rental- . Hardwood floors, big eat-in kitchen, nice backyard, Great return on your investment.

Last Agent to Sell the Property

Kevin Goettl

RE/MAX Results Listed on: 02/14/2020

RE/MAX Results

Last Buyer's Agent

Rebecca Thate

Re/Max Advantage Plus Mankato License #20422215

Re/Max Advantage Plus Mankato

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,068

Year Built

  • 1922

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 158x34

Home Design

  • 1,685 Sq Ft Home
  • Frame Construction
  • Metal Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 010907283009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,068

Year Built

1922

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Single Family Rental (L)
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 800
  • L V T Date: 02/14/2020
  • Mechanicals: Water Heater - Gas
  • Parcel Number: 010907283009
  • Price Per Square Foot: 94.36
  • Projected Closed Date: 04/02/2020
  • Rental License: Yes
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Taxes With Assessments: 1976
  • Estimated Number of Acres: 0.12
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1922

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Basement Material: Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1685
  • Total Square Footage: 1685

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Metal

Utilities

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

Schools

  • School District: Mankato #77

Lot Info

  • Estimated Lot Dimensions: 158x34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2020
Closed on
Mar 27, 2020
Sold by
4Th Street North Mankato Llc
Bought by
928 North Fourth Street Llc
Seller's Agent
Kevin Goettl
RE/MAX Results
Buyer's Agent
Rebecca Thate
Re/Max Advantage Plus Mankato
List Price
$169,900
Sold Price
$159,000
Premium/Discount to List
-$10,900
-6.42%
Total Days on Market
17
Current Estimated Value
$215,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,272
Avg. Annual Appreciation
6.85%
Original Mortgage
$160,000
Outstanding Balance
$143,267
Interest Rate
3.4%
Mortgage Type
Commercial
Estimated Equity
$81,260

Purchase Details

Closed on
Feb 29, 2008
Sold by
Johnson Scott W and Johnson Luanne B
Bought by
Grauwels Michael J and Grauwels Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,099
Interest Rate
5.75%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
928 North Fourth Street Llc $162,000 Title Resources
Grauwels Michael J $128,999 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 928 North Fourth Street Llc $160,000
Previous Owner Grauwels Michael J $97,500
Previous Owner Grauwels Michael J $116,099
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2020 03/25/20 Sold $159,000 -6.4% $94 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/14/2020 02/14/20 For Sale $169,900 -- $101 / 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 $2,068 $181,200 $20,800 $160,400
2023 $2,070 $186,800 $20,800 $166,000
2022 $1,766 $175,600 $20,800 $154,800
2021 $1,820 $138,000 $20,800 $117,200
2020 $2,086 $133,500 $20,800 $112,700
2019 $1,976 $133,500 $20,800 $112,700
2018 $1,490 $129,500 $20,800 $108,700
2017 $1,338 $115,900 $20,800 $95,100
2016 $1,396 $108,700 $20,800 $87,900
2015 $13 $114,000 $20,800 $93,200
2014 $1,436 $327,300 $62,400 $264,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7023207

REALTOR® Association of Southern Minnesota

APN: R01-09-07-283-009