$360,000
SOLD JUN 9, 2025

502 Wood Dr Mankato, MN 56001

4 Beds
3 Baths
2,292 Sq Ft
0.35 Acres

Recently Sold

$157 Per Sq Ft

5% Below List Price

36 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • 2 Car Attached Garage
  • Open Floorplan
  • Vaulted Ceiling
  • Double Pane Windows

About This Home

As of June 2025

Looking for that more rural feel but want to be close to town and not have a huge yard to maintain? This property is the perfect mix of both. Located in the rural Woody Hills subdivision off Hwy 22, you are just minutes from Hilltop Mankato, but have serenity away from the hustle & bustle. With no neighbors behind or in front of the home you can enjoy views of the woods/creek out your living room window and field & wildlife that make visits from your kitchen/dining windows. This home has a total of 4 bedrooms and 3 bathrooms. Three bedrooms are in the upper level, along with a two bathrooms including the primary 3/4 bath. Open floor plan kitchen/dining and nice sized living room complete the upper level. Head downstairs and find a L shaped family room, with gas fireplace, and bonus space for entertaining, crafts, or whatever your heart desires. Perhaps create a 5th bedroom in this bonus area. Large full bath, and nice sized bedroom as well. Laundry room shared with mechanicals and has walkout steps to the garage. Compliant septic, private well, 200 amp electrical breakers. There's extra parking in the driveway with potential to add onto garage. Tile system in backyard that runs water around home for drainage. Yard is landscaped with steps up hill & garden area and complete with storage shed. This home seeks it's new owners.. could they be you?

Last Agent to Sell the Property

Kellie Krumwiede

Connect Real Estate Group Listed on: 04/02/2025

Last Buyer's Agent

Staci Murphy

AMERICAN WAY REALTY License #40667589

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,184

Year Built

  • Built in 1995

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 125x125
  • Property fronts a county road
  • Landscaped with Trees

Home Design

  • Bi-Level Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • RV Access or Parking

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Private Water Source
  • Gas Water Heater
  • Water Softener is Owned
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number R40.04.21.251.002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,184

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Garage Door Opener, Vaulted Ceilings, Double Pane Windows (L), Smoke Alarms (L), CO Detectors (L)
  • Amenities Exterior: Deck, Driveway - Concrete, RV Parking
  • Estimated Number of Acres: 0.35
  • Assessment Balance: 6745
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1236
  • L V T Date: 04/03/2025
  • Mechanicals: Water Heater-Gas, Water Softener-Owned, Sump Pump, Circuit Breaker
  • Parcel Number: R40.04.21.251.002
  • Price Per Square Foot: 141
  • Sold Price Per Sq Ft: 146
  • Stories: Bi-Level Split
  • Street Designation: Drive
  • Taxes With Assessments: 3370
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Informal Dining Room, Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Primary, Full Basement, Main Floor Full Bath
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Kitchen, 13x10, On Level: Upper
  • Room 2: Dining Room, 10x10, On Level: Upper
  • Room 3: Living Room, 15x13, On Level: Upper
  • Room 4: Primary Bedroom, 13x12, On Level: Upper
  • Room 5: Primary Bath, 8x5, On Level: Upper
  • Room 6: Bedroom, 10x9, On Level: Upper
  • Room 7: 8x8, On Level: Upper
  • Room 8: Bedroom, 11x11, On Level: Upper
  • Room 9: Family Room, 23x25, On Level: Lower
  • Room 10: Bedroom, 14.5x11, On Level: Lower
  • Room 11: Bathroom, 9x8, On Level: Lower
  • Room 12: Laundry Room, 18x10, On Level: Lower
  • Basement Features: Drainage System, Egress Windows, Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1236
  • Below Grade Finished Sq Ft: 1056
  • Tot Above Grade Sq Ft: 1236
  • Total Fin Square Footage: 2292
  • Total Square Footage: 2472
  • Tot Below Grade Sq Ft: 1236

Exterior Features

  • Frontage Road: County, Paved
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2
  • Garage Square Footage: 24X24

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Fireplace, Forced Air
  • Sewer: Private
  • Water: Private

Schools

  • School District: Mankato #77

Lot Info

  • Estimated Lot Dimensions: 125X125
  • Lot/Land Description: Landscaped, Tree Coverage - Medium, Paved Streets, Underground Utilities

Building Info

  • Year Built: 1995

Tax Info

  • Year: 2025
  • Tax Value: 2184

MLS Schools

  • School District: Mankato #77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2025
Closed on
Jun 9, 2025
Sold by
Johnson Amy and Johnson Jamie
Bought by
Reed Ryan and Reed Kimberly
Seller's Agent
Kellie Krumwiede
Connect Real Estate Group
Buyer's Agent
Staci Murphy
AMERICAN WAY REALTY
List Price
$379,000
Sold Price
$360,000
Premium/Discount to List
-$19,000
-5.01%
Views
210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.53%
Original Mortgage
$353,479
Outstanding Balance
$353,175
Interest Rate
6.76%
Mortgage Type
FHA
Estimated Equity
-$171

Purchase Details

Listed on
May 11, 2022
Closed on
Nov 1, 2022
Sold by
Schwamberger Tina
Bought by
Johnson Amy
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$355,500
Sold Price
$285,000
Premium/Discount to List
-$70,500
-19.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.36%
Original Mortgage
$228,000
Interest Rate
6.02%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $360,000 Minnesota River Valley Title
Warranty Deed $360,000 Minnesota River Valley Title
Deed $285,000 --
Deed $285,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $353,479 FHA
Previous Owner $228,000 New Conventional
Previous Owner $39,506 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Sold $360,000 +3.2% $157 / Sq Ft
05/10/2025 05/10/25 Pending -- -- --
05/05/2025 05/05/25 Price Changed $349,000 -3.1% $152 / Sq Ft
04/21/2025 04/21/25 Price Changed $360,000 -1.9% $157 / Sq Ft
04/07/2025 04/07/25 Price Changed $367,000 -3.2% $160 / Sq Ft
04/04/2025 04/04/25 For Sale $379,000 +5.3% $165 / Sq Ft
04/02/2025 04/02/25 Off Market $360,000 -- --
11/01/2022 11/01/22 Sold $285,000 -9.5% $130 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
08/01/2022 08/01/22 Price Changed $315,000 -3.1% $144 / Sq Ft
06/26/2022 06/26/22 Price Changed $325,000 -6.9% $149 / Sq Ft
05/27/2022 05/27/22 Price Changed $349,000 -1.8% $160 / Sq Ft
05/11/2022 05/11/22 For Sale $355,500 -- $163 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

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
2025 $3,370 $296,400 $49,900 $246,500
2024 $3,370 $280,200 $49,900 $230,300
2023 $2,044 $278,500 $49,900 $228,600
2022 $1,778 $251,300 $49,900 $201,400
2021 $1,806 $203,400 $49,900 $153,500
2020 $1,730 $195,200 $49,900 $145,300
2019 $1,772 $195,200 $49,900 $145,300
2018 $1,636 $200,900 $49,900 $151,000
2017 $1,412 $187,700 $49,900 $137,800
2016 $1,024 $174,600 $49,900 $124,700
2015 $10 $133,400 $22,300 $111,100
2014 $1,144 $133,400 $22,300 $111,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7037072

REALTOR® Association of Southern Minnesota

APN: R40-04-21-251-002