18 days on rocket

309 State St, Mankato, MN, 56001

$242,500

Home List Price

$2,880*

Closing Credit

0 Baths
2,320 SqFt
$105/SqFt
Multi
Schools Nearby

Location

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309 State St, Mankato$242,500

Buyer Closing Credits

$2,880*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Garage2 spaces
Year Built1911
HeatingSteam
BasementYes
MLS #6517090
StatusActive

About 309 State St

Great rental investment property with 5 unrelated rental license! Near shopping, schools & trails. Many updates have been made to this property: furnace (boiler), siding, some new windows, paint, lighting & updated bathrooms. Units share washer & dryer in the basement.

Property Details

Property Features

Property Information:

  • Year Built: 1911
  • Living Area: 2,320 SqFt

Listing Office:

  • Office Name: Landmark Realtors, LLC

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 2 spaces

Utilities

Utilities Information:

  • Heating: Steam

School Info

Assigned Schools Information:

  • West High School, Public District Grades 9-12
  • Dakota Meadows Middle School, Public District Grades 7-8
  • Jefferson Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Stoltzman Road – Van Brunt St – Record St – State St

Price Information

Listing Price Info

Price Summary:

  • List Price: $242,500
  • Price Per SqFt: $105/SqFt

Tax Information:

  • Annual Amount: $2,476
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Mankato, MN.

Med. Sold Price

$275K

Med. Price/SqFt

$147

Avg. Days On Market

104

# of Sold Homes

5

309 State St vs Mankato

18 DAYS ON ROCKET

-86 Days

$242,500

-$32.5K Less

$105/SqFt

-$42 Less

KEY TAKEAWAY

This property is $32.5K less than the Median Sold Price and $42/SqFt less than other homes in Mankato, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6517090

Listing Office:

  • Office Name: Landmark Realtors, LLC

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 9:22:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,476$169,000
2020$2,404$154,500
2019$2,314$154,500
2017$2,196$141,800

History based on county public records data.

Payment Calculator

$1,278

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$794

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3357066
7
/10
  • Jefferson Elementary School

  • 100 James Ave

  • 0.50 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3357067
4
/10
  • Dakota Meadows Middle School

  • 1900 Howard Dr W

  • 2.34 miles

  • Public District Grades 7-8

High School

school-card-donut-3357068
6
/10
  • West High School

  • 1351 S Riverfront Dr

  • 0.26 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,522. Typical income of Mankato, MN residents is less than $35k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesMinnesotaBlue Earth CountyMankato56001309 State St

This home is located at 309 State St in Mankato, MN and zip code 56001. This 2,320 square foot home was built in 1911. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $242,500.

In March 2024, from all listings sold in Mankato, MN there were more than 1 sold above asking price, over 4 sold below and more than 0 were sold right at the asked price. Between February 2024 and March 2024, Mankato, MN real estate market has seen increase in the number of listings by 23.4%. Listings spent 104 days on the market in March 2024, and had a median list price of $275,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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