2 months on rocket

1931 5th Ave, Mankato, MN, 56001

$175,000

Home List Price

$2,078*

Closing Credit

3 Bedrooms
1 Full Bath
1,597 SqFt
$110/SqFt
House

Location

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1931 5th Ave, Mankato$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage2 spaces
Year Built1950
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6626206
StatusActive

About 1931 5th Ave

This charming 1 1/2-story home is a perfect blend of functionality and comfort, offering 3 bedrooms, 1 bath, and a heated 2-stall garage with extra storage, complete with a new concrete pad. The garage also features a built-in 4 1/2'x13 1/2' concrete pit, making it ideal for vehicle maintenance or other mechanical projects. Main floor includes convenient laundry facilities and an open-concept kitchen that seamlessly flows into the dining and living areas. You'll also find two bedrooms and a full bathroom on this level. Upper level features a cozy alcove, currently used as an oversized closet, and the spacious primary bedroom. The property spans two parcels, offering additional outdoor space for recreation, gardening, or future projects. Recent updates include a new furnace (2019), new range (2023), new roof (July 2024).

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Living Area: 1,597 SqFt

Listing Office:

  • Office Name: True Real Estate

Interior Features

Interior Information:

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: North Riverfront to 3rd Ave, turn west on to Brooks Street and continue to 5th Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000
  • Price Per SqFt: $110/SqFt

Tax Information:

  • Annual Amount: $934
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$341.5K

Med. Price/SqFt

$181

Avg. Days On Market

68

# of Sold Homes

20

1931 5th Ave vs Mankato

65 DAYS ON ROCKET

-3 Days

$175,000

-$166.5K Less

$110/SqFt

-$71 Less

KEY TAKEAWAY

This property is $166.5K less than the Median Sold Price and $71/SqFt less than other homes in Mankato, MN.

Based on homes sold in December 2024

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6626206

Listing Office:

  • Office Name: True Real Estate

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Last updated on: 1/10/2025, 1:22:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 09, 2017Home Sold
$89,452
Jun 09, 2017Home Sold
$89,452

Tax History

YEARPROP. TAXASSESSMENT
2021$934$99,100
2020$870$90,100
2019$818$90,100
2017$690$48,100

History based on county public records data.

Payment Calculator

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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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.

Nearby Schools

school-card-donut-27
8
/10
  • Franklin Elementary School

  • 1000 N Broad St

  • 0.78 miles

  • Public District Grades KG-5

school-card-donut-28
7
/10
  • Bridges Community Elementary School

  • 320 Garfield Ave

  • 0.97 miles

  • Public District Grades KG-5

school-card-donut-29
5
/10
  • Monroe Elementary School

  • 441 Monroe Ave

  • 1.00 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,647. Typical income of Mankato, MN residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1931 5th Ave

What is the listing price of this property?

The listing price of 1931 5th Ave property is $175,000.

What type of property is this?

The property 1931 5th Ave is a house located in Mankato, Minnesota, 56001.

Is this property for sale now?

Active Listing: 1931 5th Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $934 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 9, 2017 for $89,452. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1931 5th Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1931 5th Ave is 1,597 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1931 5th Ave is 1950.

Rocket HomesMinnesotaBlue Earth CountyMankato560011931 5th Ave

This home is located at 1931 5th Ave in Mankato, MN and zip code 56001. This 1,597 square foot home was built in 1950. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $175,000.

Mankato, MN housing market in December 2024 saw over 3 listings sold above listed price, more than 2 sold at listed price and over 15 sold below. Between November 2024 and December 2024, Mankato, MN real estate market has seen decrease in the number of listings by 11.1%. Listings spent 68 days on the market in December 2024, and had a median list price of $341,500 during the same period.

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

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