2 months on rocket

Sale Pending

704 Blue Earth St, Mankato, MN, 56001

$210,000

Home List Price

$2,494*

Closing Credit

0 Baths
2,372 SqFt
$89/SqFt
Multi

Location

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704 Blue Earth St, Mankato$210,000

Buyer Closing Credits

$2,494*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingConcrete, On-Street Parking Only
Year Built1886
HeatingForced Air
BasementYes
MLS #6595390
StatusSale Pending
(Pending)

About 704 Blue Earth St

Seller is willing to contribute $6,300 to buyer's closing costs/interest rate buy down. Attention Investors! This is a great opportunity to own a cash flowing rental property. Financials are in the supplements. Unit 1 is a one bedroom/ one bath apt with kitchen and bathroom and will be vacant soon. Unit 2 is an efficiency unit and Unit 3 is a 2 bed/ 1 bath apt. The tenant in Unit 1 will be leaving soon and the tenants in Units 2&3 have a lease in place until 2025. The home will need a new roof and tuckpointing. Quick closing preferred. Property is managed by Connect Real Estate Group. 24 Hour showing request needed.

Property Details

Property Features

Property Information:

  • Year Built: 1886
  • Living Area: 2,372 SqFt

Listing Office:

  • Office Name: Keller Williams Classic Rlty NW

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Concrete, On-Street Parking Only

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: 169 to S Riverfront Drive Exit, Head Southwest on S. Riverfront Drive, then South on Sibley Street, then west on West 7th Street, South on Woodland Avenue, West on Blue Earth Street. Home is on the corner of Woodland Avenue and Blue Earth Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $210,000
  • Price Per SqFt: $89/SqFt

Tax Information:

  • Annual Amount: $1,656
  • Tax Year: 2021
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Housing Market Comparison

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

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Mankato, MN

City

Med. Sold Price

$305K

Med. Price/SqFt

$154

Avg. Days On Market

51

# of Sold Homes

20

704 Blue Earth St vs Mankato

66 DAYS ON ROCKET

+15 Days

$210,000

-$95K Less

$89/SqFt

-$66 Less

KEY TAKEAWAY

This property is $95K less than the Median Sold Price and $66/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: #6595390

Listing Office:

  • Office Name: Keller Williams Classic Rlty NW

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Last updated on: 11/10/2024, 2:22:47 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$1,656$158,000
2020$1,494$136,900
2019$1,414$136,900
2017$1,996$128,800

History based on county public records data.

Payment Calculator

$1,116

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$696

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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-822208
7
/10

  • Roosevelt Elementary School

  • 300 W 6th St

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-822209
6
/10

  • Jefferson Elementary School

  • 100 James Ave

  • 1.13 miles

  • Public District Grades KG-5

school-card-donut-822210
6
/10

  • Hoover Elementary School

  • 1524 Hoover Dr

  • 1.19 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,091. Most Mankato, MN residents have annual incomes between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Blue Earth County›Mankato›56001›704 Blue Earth St

This home is located at 704 Blue Earth St in Mankato, MN and zip code 56001. This 2,372 square foot home was built in 1886. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $210,000.

In October 2024 more than 4 listings in Mankato, MN were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 9 were sold below. In October 2024 in Mankato, MN there were 23.5% more homes for sale than in September 2024. In October 2024 median list price was $305,000 and the average listing age was 51 days.

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

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