13 days on rocket

201 S Franklin St Unit 72, Lake City, MN, 55041

$85,000

Home List Price

$1,009*

Closing Credit

2 Bedrooms
1 Full Bath
728 SqFt
$117/SqFt
House
Schools Nearby

Location

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201 S Franklin St Unit 72, Lake City$85,000

Buyer Closing Credits

$1,009*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingParking Lot
Year Built1990
HeatingForced Air
CoolingCentral Air
WaterfrontLake
MLS #6529552
StatusActive

About 201 S Franklin St Unit 72

Experience seasonal living in this 2-bed, 1-bath mobile home nestled in the heart of a lakeside community. Ideal for those seeking a tranquil retreat from May to October, this residence offers the perfect blend of convenience and leisure. Step inside to discover a cozy interior with natural light. The open layout connects the living, dining and kitchen areas, creating a welcoming space for relaxation and entertainment. A patio awaits providing space for dining or simply soaking up the serene surroundings. Take in picturesque views of the lake. Convenience is key with this property located within walking distance to downtown restaurants, shops, marina and the beach. Enjoy a leisurely stroll along the waterfront. Everything you need is just steps away. Please note that a lease agreement with the city marina is required for residency. Embrace the essence of lakeside living and make this mobile home your seasonal sanctuary.

Property Details

Property Features

Property Information:

  • Year Built: 1990
  • Living Area: 728 SqFt

Listing Office:

  • Office Name: Featherstone Real Estate, LLC

Interior Features

Interior Information:

  • Appliances: Microwave, Range, Refrigerator
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Lake

Parking Information:

  • Attached Garage: No
  • Parking: Parking Lot

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lincoln Secondary School, Public District Grades 7-12
  • Bluff View Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: 61 S, Left on Chestnut St, Left on Ralph Samuelson Way, Right on Harbor, Left on Lake Street, located on left side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $85,000
  • Price Per SqFt: $117/SqFt

HOA Fees:

  • Amount: $5365
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Lake City, MN.

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Lake City, MN

City

Med. Sold Price

$306K

Med. Price/SqFt

$151

Avg. Days On Market

38

# of Sold Homes

9

201 S Franklin St Unit 72 vs Lake City

13 DAYS ON ROCKET

-25 Days

$85,000

-$221K Less

$117/SqFt

-$34 Less

KEY TAKEAWAY

This property is $221K less than the Median Sold Price and $34/SqFt less than other homes in Lake City, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6529552

Listing Office:

  • Office Name: Featherstone Real Estate, LLC

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Last updated on: 5/20/2024, 4:22:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$939

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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NMLS#3030

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-4360433
6
/10

  • Bluff View Elementary School

  • 1156 W Lakewood Ave

  • 1.06 miles

  • Public District Grades PK-6

High School

school-card-donut-4360434
6
/10

  • Lincoln Secondary School

  • 300 S Garden St

  • 0.39 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,875. Typical income of Lake City, MN residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 201 S Franklin St Unit 72

What is the listing price of this property?

The listing price of 201 S Franklin St Unit 72 property is $85,000.

What type of property is this?

The property 201 S Franklin St Unit 72 is a house located in Lake City, Minnesota, 55041.

Is this property for sale now?

Active Listing: 201 S Franklin St Unit 72 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 201 S Franklin St Unit 72 are:
Bluff View Elementary School: GreatSchools Rating 6/10
Lincoln Secondary School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 201 S Franklin St Unit 72 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 201 S Franklin St Unit 72 is 728 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 201 S Franklin St Unit 72 is 1990.

Rocket Homes›Minnesota›Wabasha County›Lake City›55041›201 S Franklin St Unit 72

This home is located at 201 S Franklin St Unit 72 in Lake City, MN and zip code 55041. This 728 square foot home was built in 1990. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 07, 2024 and is currently priced at $85,000.

While more than 2 listings in Lake City, MN in April 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 6 were sold below. In April 2024 in Lake City, MN there were 5% more homes for sale than in March 2024. In April 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $306,000.

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

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