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215 Terrace Dr

Mankato, MN 56001

4 bd 3 ba 3,234 sqft Built 1963 Lot 7,841 sqft single_family
Most recent sale
$260,000
Oct 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 14, 2022 Sold $260,000 MLS #7030337
Jul 26, 2022 Price changed $299,000 MLS #7030337
Jul 17, 2022 Price changed $309,000 MLS #7030337
Jul 6, 2022 Listed $319,000 MLS #7030337
Jul 1, 1999 Sold $170,000 Public Record
Oct 13, 1989 Sold $106,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $257,700 $3,206
2019 $248,300 $3,014
2018 $232,400 $2,794
2017 $187,000 $29,000 $216,000 $2,436
2016 $168,300 $28,600 $196,900 $2,424
2015 $168,300 $28,600 $196,900 $2,192
2014 $150,800 $28,100 $178,900 $2,062
2013 $137,100 $27,700 $164,800 $2,208
2012 $144,900 $28,000 $172,900 $2,346
2011 $157,300 $28,300 $185,600 $2,288
2009 $191,000 $31,200 $222,200 $2,406

Property facts

Year built
1963
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,234 sqft
Lot size
7,841 sqft
ZIP code
56001
City
Mankato
Street
Terrace Dr
Coordinates
44.15732, -93.97432

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,560
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 215 Terrace Dr last sell?
215 Terrace Dr most recently sold on Oct 14, 2022 for $260,000.
What is the current tax assessment for 215 Terrace Dr?
The most recent total assessment for 215 Terrace Dr (year 2020) is $257,700 with $3,206 in property tax.
How does 215 Terrace Dr's assessment compare to its last sale price?
The current assessment is 0.9% below the last sale price of $260,000.
When was 215 Terrace Dr built?
215 Terrace Dr was built in 1963.
How does 215 Terrace Dr compare to others on Terrace Dr?
We track 5 other properties on Terrace Dr. Browse the list under "Other properties on Terrace Dr" to compare beds, baths, and sale history.
What are the property facts for 215 Terrace Dr?
215 Terrace Dr is a 4 bed, 3 bath, 3,234 sqft, 7,841 sqft lot single_family.
Is 215 Terrace Dr a flip candidate?
No — 215 Terrace Dr does not appear in our flips dataset.
Is 215 Terrace Dr a tax-appeal candidate?
No — 215 Terrace Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.1%
Implied 1-yr
+8.5%
2026 Q3
$379.2K
2026 Q4
$386.3K
ZIP 56001 — Median Price History + Forecast

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