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803 North Broad Street

803 North Broad Street, Mankato, MN 56001
Property in Mankato
Sold May 05, 2021
$450,000
$450,000 by Community Bank Mankato
Mortgage Due May 05, 2051
803 North Broad Street has been categorized by the local assessors in Mankato, MN as a residential type of property. The building on the property was first built in 1881 and is 143 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 803 North Broad Street has 1,744 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 872 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 790 ft and across the front of the lot is 1,070 ft. The area measurement of the land has been determined as 8,453 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The building has a hip style roof made of shingle (not wood). The exterior walls of the building are made of concrete. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. 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, 803 North Broad Street was last sold in Apr 30, 2021 for $450,000. According to our calculations, that's $258.03 per sqft. Current property owners are expected to pay $5,950 in taxes per year. The property on 803 North Broad Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $440,000. To break that down further, the land itself was valued at $39,100. While improvements to the property were assessed at a total of $400,900. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1881
  • Effective Year Built: 1881
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Average
  • Construction Type: Brick
  • Building Style: Duplex
  • Exterior Walls Type: Concrete
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 872
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 8,453
  • Lot Size Depth Feet: 790
  • Lot Size Frontage Feet: 1,070
  • Total Building Area: 1,744
  • Gross Building Area: 1,744
  • Building Area: 1,744
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,744
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WAITE AND ROELOFSONS ADDITION
  • Land Acres: 0.194
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: WAITE & ROELOFSONS ADD S41' OF W2 OF 4 & W2 OF 005 008 00

Ownership

  • Current Owner : WEMPEN PROPERTIES LLC
  • Previous Owner : JOHNSON BRUCE LYNN
  • Previous Owner 2: JOHNSON JANET L
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jun 05, 2023

Neighborhood

  • School District Name: Mankato Public School District
  • School Tax School District: MANKATO CITY
  • Census Tract: 170300

Geography

  • Parcel: R01.09.07.429.005
  • Block: 8
  • Lot: 5
  • Municipality: MANKATO CITY
  • Latitude: 44.1728
  • Longitude: -93.9934

    Address

  • Full Address: 803 N Broad St
  • Address - House Number: 803
  • Street Direction: N
  • Address - Street Name: Broad
  • Address - Suffix Type: St
  • State: MN
  • City Name: Mankato
  • Carrier Code: C003
  • 4-Digit Zip Code: 3306
  • Zip Code: 56001

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,950
  • Tax Rate Code Area: MANKATO CI

    Appraisal Valuation

  • Standard Deviation: 0.1415
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 502,204
  • High Value: 573,289
  • Low Value: 431,118

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $450,000
  • First Open Lien Mortgage Lender: COMMUNITY BANK MANKATO
  • First Open Lien Mortgage Recording Date: May 05, 2021
  • First Open Lien Mortgage Loan Amount: $450,000
  • 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: May 05, 2051

    Market Valuation

  • Market Total Value: $440,000
  • Market Land Value: $39,100
  • Market Improvement Value: $400,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $440,000
  • Assessed Land Value: $39,100
  • Assessed Improvements Value: $400,900

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: May 05, 2021
  • Current Sale Transaction ID: 11835306597
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 589CR764

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY BANK MANKATO
  • First Mortgage Transaction Date: May 05, 2021
  • First Mortgage Loan Amount: $450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Mankato



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 803 North Broad Street located in?
The 803 North Broad Street is a located in the neighborhood of Mankato in Mankato, Mankato.
What is the average sales price for listings in 803 North Broad Street?
The average sales price for units in 803 North Broad Street is $0 currently.

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