504 Mound Avenue

Local assessors in Mankato, MN have categorized 504 Mound Avenue as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 6,270 square feet. The linear feet between the front and back of the lot was measured at 950 ft and the front of the lot was measured at 660 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 5 rooms in the home. Of these, 2 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 is one full bathroom. There is also a partial bathroom. 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 504 Mound Avenue has a total of 1,196 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 partial basement that is 462 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 576 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 both a unknown and a patio so you'll have great options in both the front and 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 metal control joints. The building has a gable style roof that was made of shingle (not wood). Lots of metal 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. The property was last sold in Jun 23, 2022 for $170,000. That's $142.14 per sqft. Prior to that sales transaction, the property was also sold in Sep 12, 2019 for $140,000. 504 Mound Avenue was last assessed in 2023. The total value of the property was assessed at $162,100. Specifically, the land the property is located on was valued at $27,400. While improvements on the property were assessed at a total of $134,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,710. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.