Unique property on a 1 acre, Ravine Lot that sits right on the edge of city limits! This solid brick home is filled with history; when it first built it was originally a school house. The now home offers 2 bedrooms, a full bath, and a double garage. The upper level is a blank slate! The space has been opened up and has tall vaulted ceilings that one could make a a great master bedroom, another common space, office, studio, etc. There is existing plumbing in place as there was previously a bathroom. If you're looking for a quiet space that's close to town, this is for you! New well pump installed 2024.
Sold-co-op by mls member
$201,000
51529 Lor Ray Dr, North Mankato, MN 56003
2beds
2,450sqft
Single Family Residence
Built in 1900
0.98 Acres Lot
$233,900 Zestimate®
$82/sqft
$1,558 Estimated rent
Home value
$233,900
$213,000 - $253,000
$1,558/mo
Zestimate® history
Owner options
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$1,558/mo
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$1,037/mo
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$1,037/mo
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
KC LUNDBERG,
Re/Max Dynamic Agents St. Peter
Bought with:
REBECCA THATE
Re/Max Advantage Plus Mankato
Source: RASM,MLS#: 7034967
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Main
- Area: 130
- Dimensions: 13 x 10
Bedroom 1
- Level: Main
- Area: 80
- Dimensions: 10 x 8
Bedroom 2
- Level: Main
- Area: 120
- Dimensions: 10 x 12
Dining room
- Features: Combine with Kitchen, Informal Dining Room
Kitchen
- Level: Main
- Area: 200
- Dimensions: 20 x 10
Living room
- Level: Main
- Area: 228.8
- Dimensions: 17.6 x 13
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Range, Refrigerator, Washer, Gas Water Heater
- Laundry: Washer/Dryer Hookups
Features
- Broadband Available, Ceiling Fan(s), Eat-In Kitchen, Vaulted Ceiling(s), Bath Description: Main Floor Full Bath
- Flooring: Hardwood
- Windows: Double Pane Windows
- Basement: Unfinished,Stone,Full
Interior area
- Total structure area: 925
- Total interior livable area: 2,450 sqft
- Finished area above ground: 925
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage Door Opener
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.98 Acres
- Dimensions: 42,689 sq ft
- Features: Ravine, Tree Coverage - Medium
Details
- Additional structures: Garage(s)
- Foundation area: 925
- Parcel number: 01.035.0700
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame/Wood, Brick
- Roof: Asphalt
Condition
- Previously Owned
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Community & HOA
Location
- Region: North Mankato
Financial & listing details
- Price per square foot: $82/sqft
- Tax assessed value: $245,600
- Annual tax amount: $2,162
- Date on market: 7/20/2024
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2024 | Sold | $201,000+0.6%$82/sqft |
Source:  RASM #7034967 Report a problem | ||
| 6/11/2024 | Contingent | $199,900$82/sqft |
Source: RASM #7034967 Report a problem | ||
| 5/29/2024 | Listed for sale | $199,900$82/sqft |
Source: RASM #7034967 Report a problem | ||
| 5/25/2024 | Contingent | $199,900$82/sqft |
Source: RASM #7034967 Report a problem | ||
| 5/21/2024 | Listed for sale | $199,900-5.8%$82/sqft |
Source: RASM #7034967 Report a problem | ||
| 1/5/2024 | Listing removed | -- |
Source: RASM #7033443 Report a problem | ||
| 10/21/2023 | Price change | $212,212-4.5%$87/sqft |
Source: RASM #7033443 Report a problem | ||
| 10/9/2023 | Price change | $222,222-4.3%$91/sqft |
Source: RASM #7033443 Report a problem | ||
| 9/29/2023 | Listed for sale | $232,232+98.5%$95/sqft |
Source: RASM #7033443 Report a problem | ||
| 12/30/2014 | Sold | $117,000$48/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #2251833 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | -- |
| 2024 | $2,162 +4.1% | $245,600 +4.2% |
| 2023 | $2,076 +8.7% | $235,700 +4.7% |
| 2022 | $1,910 -6% | $225,200 +20.9% |
| 2021 | $2,032 +5.5% | $186,300 +2.1% |
| 2020 | $1,926 | $182,500 +2.2% |
| 2019 | $1,926 | $178,500 +5.6% |
| 2018 | -- | $169,000 +9.4% |
| 2017 | -- | $154,500 |
| 2016 | -- | -- |
| 2015 | -- | -- |
Find assessor info on the county website
Neighborhood: 56003
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Nearby schools
GreatSchools rating
- 6/10Monroe Elementary SchoolGrades: K-5Distance: 2.6 mi
- 7/10Dakota Meadows Junior High SchoolGrades: 6-8Distance: 1.2 mi
- 8/10Mankato West Senior High SchoolGrades: 9-12Distance: 3.4 mi
Schools provided by the listing agent
- District: Mankato #77
Source: RASM. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Minnesota
- Nicollet County
- Mankato
- 56003
- 51529 Lor Ray Dr
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