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1821 Bassett Drive

1821 Bassett Drive, Mankato, MN 56001
Property in Mankato
1821 Bassett Drive has been categorized by the local assessors in Mankato, MN as a office type of property. The building on the property was first built in 2000 and is 24 years old. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 44,997 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. The exterior walls of the building are made of block. 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, 1821 Bassett Drive was last sold in Nov 9, 2017 for $800,000. According to our calculations, that's $120.48 per sqft. Current property owners are expected to pay $16,754 in taxes per year. The property on 1821 Bassett Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $655,600. To break that down further, the land itself was valued at $134,900. While improvements to the property were assessed at a total of $520,700. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Building Condition: Average
  • Exterior Walls Type: Block
  • Floor Count: 1
  • Business/Commerical Units Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 44,997
  • Total Building Area: 6,640
  • Gross Building Area: 6,640
  • Building Area: 6,640
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Office
  • Subdivision: HILLTOP POWER CENTER NO 2
  • Land Acres: 1.033
  • Standard Land Use Code: Office bldg (general)
  • Legal Description 1: HILLTOP POWER CENTER #2 E130' 002 002 00

Ownership

  • Current Owner : OLSON & OLSON PROPERTIES LLC
  • Previous Owner : S T A D M ENTERPRISES LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Mankato Public School District
  • School Tax School District: MANKATO CITY
  • Census Tract: 170500

Geography

  • Parcel: R01.09.16.203.010
  • Block: 2
  • Lot: 2
  • Municipality: MANKATO CITY
  • Latitude: 44.1637
  • Longitude: -93.9543

    Address

  • Full Address: 1821 Bassett Dr
  • Address - House Number: 1821
  • Address - Street Name: Bassett
  • Address - Suffix Type: Dr
  • State: MN
  • City Name: Mankato
  • Carrier Code: C021
  • 4-Digit Zip Code: 6222
  • Zip Code: 56001

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $16,754
  • Tax Rate Code Area: MANKATO CI

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $625,500
  • First Open Lien Mortgage Lender: 504 DEVELOPMENT INC
  • First Open Lien Mortgage Recording Date: Nov 22, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $285,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2038
  • Second Open Lien Mortgage Lender: COMMUNITY BANK MANKATO
  • Second Open Lien Mortgage Recording Date: Nov 13, 2017
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $340,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Nov 13, 2047

    Market Valuation

  • Market Total Value: $655,600
  • Market Land Value: $134,900
  • Market Improvement Value: $520,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $655,600
  • Assessed Land Value: $134,900
  • Assessed Improvements Value: $520,700

    Sales

  • Current Sale Contract Date: Nov 09, 2017
  • Current Sale Recording Date: Nov 14, 2017
  • Current Sale Transaction ID: 11311137238
  • Current Sale Price: $800,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 560CR744

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY BANK MANKATO
  • First Mortgage Transaction Date: Nov 14, 2017
  • First Mortgage Loan Amount: $271,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1821 Bassett Drive located in?
The 1821 Bassett Drive is a located in the neighborhood of Mankato in Mankato, Mankato.
What is the average sales price for listings in 1821 Bassett Drive?
The average sales price for units in 1821 Bassett Drive is $0 currently.

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