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38388 512th St, North Mankato, MN, 56003

$4,500,000

Land

Location

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Property Highlights

Home TypeOther
MLS #6347872
StatusActive

About 38388 512th St

Gorgeous acreage located just north of North Mankato! Development opportunity galore, or the possibility to build the home of yourdreams! There is the additional opportunity to farm the land and own your own farm. This lot features all of the joys of country living, with the close convenience of North Mankato. Plenty of mature trees, gentle ravines, creeks, wildlife, and pasture area.

Property Details

Property Features

Listing Office:

  • Office Name: NuStar Realty

Other

Directions Information:

  • Directions: West on HWY 14. Exit onto Lookout Dr, continue onto County Rd 13. Turn left onto 512th St. Continue until you reach 38388 512th St. Acreage is on left side of road, to the left of home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,500,000

Tax Information:

  • Annual Amount: $1,052
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$322.5K

Med. Price/SqFt

$147

Avg. Days On Market

26

# of Sold Homes

7

38388 512th St vs North Mankato

596 DAYS ON ROCKET

+570 Days

$4,500,000

+$4.1M More

KEY TAKEAWAY

This property is $4.1M more than the Median Sold Price in North Mankato, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6347872

Listing Office:

  • Office Name: NuStar Realty

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Last updated on: 11/13/2024, 11:52:48 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$1,052$644,900
2020$1,284$644,400
2018 - $636,000
2017 - $636,000

History based on county public records data.

Payment Calculator

$22.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.5K

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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-107157
5
/10
  • Monroe Elementary School

  • 441 Monroe Ave

  • 2.57 miles

  • Public District Grades KG-5

school-card-donut-107158
6
/10
  • Hoover Elementary School

  • 1524 Hoover Dr

  • 2.65 miles

  • Public District Grades KG-5

school-card-donut-107159
7
/10
  • Bridges Community Elementary School

  • 320 Garfield Ave

  • 2.69 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $85,417. The majority of North Mankato, MN residents have income between $35k-100k annually. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 38388 512th St

What is the listing price of this property?

The listing price of 38388 512th St property is $4,500,000.

What type of property is this?

The property 38388 512th St is land located in North Mankato, Minnesota, 56003.

Is this property for sale now?

Active Listing: 38388 512th St 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 $1,052 (source: MLS/based on county public records data).
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Rocket HomesMinnesotaNicollet CountyNorth Mankato5600338388 512th St

This home is located at 38388 512th St in North Mankato, MN and zip code 56003. It has been listed on Rocket Homes since March 28, 2023 and is currently priced at $4,500,000.

While more than 4 listings in North Mankato, MN in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 3 were sold below. Between September 2024 and October 2024, North Mankato, MN real estate market has seen increase in the number of listings by 19.2%. While the average time on the market in October 2024 was 26 days, the median list price was $322,500.

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

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