Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 80M+ records · 27M+ properties All 50 states Methodology

232 Terrace Dr

Mankato, MN 56001

4 bd 2 ba 2,184 sqft Built 1958 Lot 8,712 sqft single_family
Most recent sale
$265,000
Jun 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 17, 2022 Sold $265,000 MLS #7029709
May 6, 2022 Listed $242,500 MLS #7029709

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $172,800 $2,182
2019 $166,700 $2,054
2018 $156,200 $1,912
2017 $114,900 $30,500 $145,400 $1,706
2016 $105,900 $30,100 $136,000 $1,696
2015 $105,900 $30,100 $136,000 $1,542
2014 $94,400 $29,500 $123,900 $1,472
2013 $86,900 $29,000 $115,900 $1,574
2012 $92,000 $29,400 $121,400 $1,670
2011 $100,600 $29,800 $130,400 $1,570
2009 $123,300 $35,200 $158,500 $1,598

Property facts

Year built
1958
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,184 sqft
Lot size
8,712 sqft
ZIP code
56001
City
Mankato
Street
Terrace Dr
Coordinates
44.15734, -93.97518

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,590
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 232 Terrace Dr last sell?
232 Terrace Dr most recently sold on Jun 17, 2022 for $265,000.
What is the current tax assessment for 232 Terrace Dr?
The most recent total assessment for 232 Terrace Dr (year 2020) is $172,800 with $2,182 in property tax.
How does 232 Terrace Dr's assessment compare to its last sale price?
The current assessment is 34.8% below the last sale price of $265,000.
When was 232 Terrace Dr built?
232 Terrace Dr was built in 1958.
How does 232 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 232 Terrace Dr?
232 Terrace Dr is a 4 bed, 2 bath, 2,184 sqft, 8,712 sqft lot single_family.
Is 232 Terrace Dr a flip candidate?
No — 232 Terrace Dr does not appear in our flips dataset.
Is 232 Terrace Dr a tax-appeal candidate?
No — 232 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

Explore nearby