Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 79M+ records · 29M+ properties All 50 states Methodology

116 Merlin Cir

Mankato, MN 56001

2 bd 1 ba 1,096 sqft Built 1981 Lot 7,566 sqft single_family
Most recent sale
$178,000
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 25, 2022 Sold $178,000 Public Record
Jul 22, 2022 Sold $178,000 MLS #7030259
Jun 27, 2022 Listed $175,000 MLS #7030259
Jun 3, 2022 Sold $175,000 MLS #7029651
May 2, 2022 Listed $155,000 MLS #7029651
May 29, 2014 Sold $111,000 MLS #7002669
Nov 6, 2013 Sold $111,000 Public Record
Jul 31, 2013 Relisted $113,000 MLS #7002669
Jun 20, 2013 Listing removed $113,000 Mankato
Jun 4, 2013 Listed $113,000 MLS #7002669
Jan 15, 2010 Sold $121,900 MLS #122136
Sep 12, 2009 Listing removed $125,000 Mankato
Sep 12, 2009 Listed $125,000 MLS #122136
Sep 11, 2009 Price changed $125,000 MLS #121122
Jun 17, 2009 Listed $129,900 MLS #121122
Jul 19, 2006 Sold $113,000 Public Record
Dec 14, 1993 Sold $52,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $107,000 $1,826
2019 $99,100 $1,732
2018 $71,500 $18,200 $89,700 $1,610
2017 $62,900 $17,700 $80,600 $1,436
2016 $61,200 $17,500 $78,700 $1,012
2015 $56,800 $17,200 $74,000 $950
2014 $54,300 $17,000 $71,300 $934
2013 $75,900 $23,700 $99,600 $1,262
2012 $78,500 $23,700 $102,200 $1,286
2011 $78,500 $23,700 $102,200 $752
2009 $79,500 $23,700 $103,200 $898

Property facts

Year built
1981
Property type
single_family
Stories
Beds
2
Baths
1
Living area
1,096 sqft
Lot size
7,566 sqft
ZIP code
56001
City
Mankato
Street
Merlin Cir
Coordinates
44.15058, -93.98232

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,644
Gross rental yield
11.08%
Implied cap rate
7.20%
Trend-extrapolated value

Frequently asked questions

When did 116 Merlin Cir last sell?
116 Merlin Cir most recently sold on Jul 22, 2022 for $178,000.
What is the current tax assessment for 116 Merlin Cir?
The most recent total assessment for 116 Merlin Cir (year 2020) is $107,000 with $1,826 in property tax.
How does 116 Merlin Cir's assessment compare to its last sale price?
The current assessment is 39.9% below the last sale price of $178,000.
When was 116 Merlin Cir built?
116 Merlin Cir was built in 1981.
How does 116 Merlin Cir compare to others on Merlin Cir?
We track 3 other properties on Merlin Cir. Browse the list under "Other properties on Merlin Cir" to compare beds, baths, and sale history.
What are the property facts for 116 Merlin Cir?
116 Merlin Cir is a 2 bed, 1 bath, 1,096 sqft, 7,566 sqft lot single_family.
Is 116 Merlin Cir a flip candidate?
No — 116 Merlin Cir does not appear in our flips dataset.
Is 116 Merlin Cir a tax-appeal candidate?
No — 116 Merlin Cir is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.1%
Implied 1-yr
+8.5%
2026 Q3
$379.2K
2026 Q4
$386.3K
ZIP 56001 — Median Price History + Forecast

Explore nearby