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1245 East Main Street

1245 East Main Street, Mankato, MN 56001
Property in Mankato
Sold Jul 24, 2023
$250,000
$225,200
Mortgage Due Jul 24, 2053
Sold Apr 17, 2019
$176,800
$123,760 by Firefly Fcu
Mortgage
Local assessors in Mankato, MN have categorized 1245 East Main Street as a residential type of property. The home was built in 1929 and is 95 years old. The property's lot size has been calculated to be 12,375 square feet. The linear feet between the front and back of the lot was measured at 1,650 ft and the front of the lot was measured at 750 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1245 East Main Street has a total of 1,679 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,060 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of shingle (not wood). Lots of stucco were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1245 East Main Street was last sold in Jul 24, 2023 for $250,000. According to our calculations, that's $148.90 per sqft. Prior to that sales transaction, the property was sold for $176,800 in Apr 15, 2019. Current property owners are expected to pay $2,182 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2023. The property on 1245 East Main Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $210,600. To break that down further, the land itself was valued at $38,600. While improvements to the property were assessed at a total of $172,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,060
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 12,375
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,679
  • Gross Building Area: 1,679
  • Building Area: 1,679
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,679
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STROBELS ADDITION
  • Land Acres: 0.284
  • Standard Land Use Code: Single family residential
  • Legal Description 1: STROBELS ADD LOT 4 & W2 OF LOT 3 & VAC ALLEY ADJ 003 000 00

Ownership

  • Current Owner : RICHMOND JACIE
  • Previous Owner : PARCHER EDWIN
  • Previous Owner 2: PARCHER KELLY
  • Owner Before Previous Owner: LEE AARON J
  • Owner Before Previous Owner 2: LEE LAUREN E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mankato Public School District
  • School Tax School District: MANKATO CITY
  • Census Tract: 170400

Geography

  • Parcel: R01.09.17.178.006
  • Lot: 3
  • Municipality: MANKATO CITY
  • Latitude: 44.1602
  • Longitude: -93.9831

    Address

  • Full Address: 1245 E Main St
  • Address - House Number: 1245
  • Street Direction: E
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MN
  • City Name: Mankato
  • Carrier Code: C026
  • 4-Digit Zip Code: 5080
  • Zip Code: 56001

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,182
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: MANKATO CI

    Appraisal Valuation

  • Standard Deviation: 0.1699
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 246,574
  • High Value: 288,489
  • Low Value: 204,659

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,200
  • First Open Lien Mortgage Recording Date: Jul 24, 2023
  • First Open Lien Mortgage Loan Amount: $225,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 24, 2053

    Market Valuation

  • Market Total Value: $210,600
  • Market Land Value: $38,600
  • Market Improvement Value: $172,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,600
  • Assessed Land Value: $38,600
  • Assessed Improvements Value: $172,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 24, 2023
  • Current Sale Recording Date: Jul 24, 2023
  • Current Sale Transaction ID: 11910857579
  • Current Sale Price: $250,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1562747
  • Previous Sale Recording Date: Apr 17, 2019
  • Previous Sale Contract Date: Apr 15, 2019
  • Previous Sale Amount: $176,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Transaction Date: Jul 24, 2023
  • First Mortgage Loan Amount: $225,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: FIREFLY FCU
  • Previous Mortgage Transaction Date: Apr 17, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $123,760
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 1245 East Main Street located in?
The 1245 East Main Street is a located in the neighborhood of Mankato in Mankato, Mankato.
What is the average sales price for listings in 1245 East Main Street?
The average sales price for units in 1245 East Main Street is $0 currently.

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