$559,900

1231 Lake St North Mankato, MN 56003

Estimated payment $3,456/month

Total Views 1,518
4 Beds
3.5 Baths
4,542 Sq Ft
$123 Price per Sq Ft

Highlights

  • Very Popular Property
  • 0.57 Acre Lot
  • Deck
  • Mankato West Senior High School Rated A-
  • Open Floorplan
  • Vaulted Ceiling

About This Home

Welcome to this stunning 2-story home tucked into a quiet ravine lot, offering the perfect blend of elegance, function, and room to grow. With 4 bedrooms, office & gym, 4 bathrooms, and a 3-stall garage, this home is built for comfortable living and effortless entertaining. On the main floor, enjoy a classic layout featuring a formal living and dining rooms, and a spacious kitchen with stainless steel appliances, walk-in pantry, and informal dining that opens to a large deck. The informal living room with a cozy gas fireplace invites relaxation, and a convenient powder room & cozy office completes the level. Upstairs, retreat to the luxurious primary suite with a walk-in closet, expansive en suite bath with soaker tub, dual vanities, and water closet. Two additional bedrooms share a full bath, while the spacious bonus room over the garage houses a second-floor laundry for ultimate convenience. The lower level offers even more versatility with a generous family room, home gym, additional bedroom, full bathroom, and ample storage space. Outside, enjoy privacy being tucked up in the hillside with winter view of the pond and close proximity to Spring Lake Park. There is a water feature, garden shed, and you'll appreciate the heated, 3-stall garage. Whether you're hosting guests, working from home, or simply enjoying the peaceful views, this home offers it all — space, function, and a serene setting in one of the area's most desirable locations.

Last Listed By

Shannon Beal

JBEAL REAL ESTATE GROUP Listed on: 06/02/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,760

Year Built

  • Built in 2002

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 242 x 107
  • Property fronts a private road
  • Landscaped with Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Steel Siding
  • Active Radon Mitigation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Window Treatments
  • Formal Dining Room
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction
  • Basement Window Egress

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Shared Driveway

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Deck
  • Outdoor Water Feature
  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Community Details

  • Property is near a ravine

Listing and Financial Details

  • Assessor Parcel Number 18.266.0090

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,760

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Garage Door Opener, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups, Combination Windows (L), Double Pane Windows (L), Smoke Alarms (L), CO Detectors (L), Window Coverings (L)
  • Amenities Exterior: Deck, Driveway - Concrete, Driveway - Shared, Porch, Water Feature
  • Estimated Number of Acres: 0.57
  • Construction: Previously Owned
  • Foundation Size: 1505
  • L V T Date: 06/03/2025
  • Mechanicals: Air to Air Exchange, Water Softener-Owned, Sump Pump, Radon Mitigation-Active
  • Parcel Number: 18.266.0090
  • Price Per Square Foot: 121
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 3760
  • Percentage Of Ownership: 100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room, Informal Dining Room, Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: One Fireplace
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Full Basement, Full Primary, Main Floor 1/2 Bath, Separate Tub & Shower, Upper Level Bath
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Basement Features: Daylight/Lookout Windows, Egress Windows, Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 3141
  • Below Grade Finished Sq Ft: 1401
  • Tot Above Grade Sq Ft: 3141
  • Total Fin Square Footage: 4542
  • Total Square Footage: 4646
  • Tot Below Grade Sq Ft: 1505

Exterior Features

  • Frontage Road: City, Private
  • Construction Type: Frame/Wood
  • Exterior: Steel
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3
  • Garage Square Footage: 836

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Mankato #77
  • Mankato Schools: Dakota Meadows, Mankato West

Lot Info

  • Estimated Lot Dimensions: 242 x 107
  • Lot/Land Description: Landscaped, Ravine, Tree Coverage - Medium, Paved Streets

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2025
  • Tax Value: 3760

MLS Schools

  • School District: Mankato #77

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,726 $574,800 $72,800 $502,000
2023 $6,440 $517,400 $72,800 $444,600
2022 $6,218 $497,800 $72,800 $425,000
2021 $6,212 $430,800 $57,000 $373,800
2020 $5,632 $415,800 $57,000 $358,800
2019 $5,440 $385,800 $57,000 $328,800
2018 $5,288 $371,000 $57,000 $314,000
2017 -- $354,000 $0 $0
2016 $4,898 $0 $0 $0
2015 -- $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 For Sale $559,900 +49.3% $123 / Sq Ft
08/15/2019 08/15/19 Sold $375,000 +1.6% $89 / Sq Ft
07/16/2019 07/16/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $369,000 -- $88 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Purchase History

Date Type Sale Price Title Company
Warranty Deed $375,000 Affinity Plus Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $30,000 No Value Available
Previous Owner $204,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

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Source: REALTOR® Association of Southern Minnesota

MLS Number: 7037657

REALTOR® Association of Southern Minnesota

APN: R-18.266.0090