$400,000
SOLD DEC 23, 2024

525 Marie Ln North Mankato, MN 56003

7 Beds
3 Baths
3,724 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$107 Per Sq Ft

4% Below List Price

20 Days on Market

Highlights

  • 3 Car Attached Garage
  • Eat-In Kitchen
  • Tile Flooring
  • Mankato West Senior High School Rated A-
  • Walk-In Closet
  • Kitchen Island

About This Home

As of December 2024

This well-maintained duplex offers an incredible investment opportunity or the perfect setup for multi-generational living. Situated in a quiet North Mankato neighborhood, the property was thoughtfully updated in 2005 and features two spacious units with modern conveniences. Unit 1 includes four bedrooms, two bathrooms, an open-concept living and dining area, in-unit laundry, and an attached two-stall garage. Unit 2 offers three bedrooms, one bathroom, a cozy and functional layout, in-unit laundry, and an attached one-stall garage. Both units are filled with natural light and provide comfortable living spaces. Located near parks, schools, and local amenities, this property is an excellent opportunity for buyers.

Last Agent to Sell the Property

Angie VanEman Lynch

AMERICAN WAY REALTY Listed on: 11/19/2024

Last Buyer's Agent

Non Member

Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,420

Year Built

  • Built in 2005

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 83x119
  • Few Trees

Parking

  • 3 Car Attached Garage
  • 2 Parking Spaces Included
  • Garage Door Opener
  • Driveway

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Active Radon Mitigation

Interior Spaces

  • 3,724 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Cooktop<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Dual Heating Fuel

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for fuel, lawn, snow, trash, water/sewer
  • Assessor Parcel Number 18.834.0300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,420

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Foundation Size: 1344
  • L V T Date: 11/19/2024
  • Mechanicals: Sump Pump, Radon Mitigation-Active
  • Parcel Number: 18.834.0300
  • Price Per Square Foot: 99.21
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Lane
  • Taxes With Assessments: 4420
  • Estimated Number of Acres: 0.23
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 7
  • Total Bathrooms: 3
  • Basement Features: Drainage System, Egress Windows, Partially Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2716
  • Total Fin Square Footage: 3724
  • Total Square Footage: 4032
  • Below Grade Finished Sq Ft: 1344

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Concrete

Garage/Parking

  • Garage Type: Attached
  • Number Garage Spaces: 3

Utilities

  • Fuel: Natural Gas
  • Heat: Dual Fuel/Off Peak, Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Mankato #77

Lot Info

  • Lot/Land Description: Tree Coverage - Light
  • Estimated Lot Dimensions: 83X119

Rental Info

  • Owner Expense: Fuel, Lawn, Snow, Trash, Water/Sewer
  • Tenant Expense: Electric
  • Type of Tenancy: One Year Lease

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2024
  • Tax Value: 4420

MLS Schools

  • School District: Mankato #77

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 For Rent $1,900 0.0% --
01/28/2025 01/28/25 Off Market -- -- --
01/06/2025 01/06/25 For Rent -- -- --
12/28/2024 12/28/24 For Rent $1,900 0.0% --
12/23/2024 12/23/24 Sold $400,000 -3.6% $107 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
11/19/2024 11/19/24 For Sale $414,900 -- $111 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Angie VanEman Lynch

    Seller's Agent in 2024

    Angie VanEman Lynch

    AMERICAN WAY REALTY

    (507) 381-8961

    63 in this area

    220 Total Sales

    Angie VanEman Lynch
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member

    Non-Member

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7036363

REALTOR® Association of Southern Minnesota

Minnesota Nicollet County North Mankato 56003

525 Marie Ln, North Mankato, MN

This home is located at 525 Marie Ln, North Mankato, MN 56003 and is currently priced at $400,000, approximately $107 per square foot. This property was built in 2005. 525 Marie Ln is a home located in Nicollet County with nearby schools including Hoover Elementary School, Dakota Meadows Middle School, and Mankato West Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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