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1802 Mary Lane

1802 Mary Lane, Mankato, MN 56003
Property in North Mankato
Sold Jun 15, 2021
$380,000
$304,000 by United Wholesale Mortgage
Mortgage Due Jun 15, 2051
Local assessors in Mankato, MN have categorized 1802 Mary Lane as a residential type of property. The home was built in 1988 and is 36 years old. The property's lot size has been calculated to be 24,016 square feet. 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 4 full bathrooms. There are also 4 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 1802 Mary Lane has a total of 2,218 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 1,366 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 attached garage for those who need a place to park their vehicle. The garage on the property is 624 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 average. 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 asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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 and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1802 Mary Lane sold most recently in Jun 4, 2021 for a total of $380,000. If you work out the math, that's approximately a cost of $171.33 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,792 in taxes each year. 1802 Mary Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $498,800. If we break it down further, the land itself was valued at $106,400. Improvements to the property, however, were assessed at a total of $392,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 1,366
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 24,016
  • Total Building Area: 2,218
  • Gross Building Area: 2,218
  • Building Area: 2,218
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,218
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CRESTVIEW ADD
  • Land Acres: 0.551
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BARTON ELIZABETH
  • Current Owner 2: BARTON CHRISTOPHER
  • Previous Owner : COCKERILL KEVIN J
  • Previous Owner 2: COCKERILL IRMA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mankato Public School District
  • Census Tract: 480501

Geography

  • Parcel: 18.479.0400
  • Meridian: SEC 00 TWN 00 RNG 00
  • Municipality: N MANKATO CITY
  • Latitude: 44.1809
  • Longitude: -94.0231

    Address

  • Full Address: 1802 Mary Ln
  • Address - House Number: 1802
  • Address - Street Name: Mary
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: North Mankato
  • Carrier Code: C004
  • 4-Digit Zip Code: 2021
  • Zip Code: 56003

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,792
  • Tax Rate Code Area: 0077

    Appraisal Valuation

  • Standard Deviation: 0.1526
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 467,474
  • High Value: 538,851
  • Low Value: 396,097

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $608,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 15, 2021
  • First Open Lien Mortgage Loan Amount: $304,000
  • 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: Jun 15, 2051
  • Second Open Lien Mortgage Loan Amount: $304,000
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $498,800
  • Market Land Value: $106,400
  • Market Improvement Value: $392,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $498,800
  • Assessed Land Value: $106,400
  • Assessed Improvements Value: $392,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Jun 15, 2021
  • Current Sale Transaction ID: 11841672448
  • Current Sale Price: $380,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 67999

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jun 15, 2021
  • First Mortgage Loan Amount: $304,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About North Mankato



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Frequently Asked Questions

What neighborhood is 1802 Mary Lane located in?
The 1802 Mary Lane is a located in the neighborhood of North Mankato in North Mankato, Mankato.
What is the average sales price for listings in 1802 Mary Lane?
The average sales price for units in 1802 Mary Lane is $0 currently.

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