Welcome home to 1002 Oak Terrace Drive! This distinctive 5-bedroom, 5-bath home offers an impressive amount of living space, character, versatility, and is surrounded by abundant gardens and mature landscaping. From the cedar shake roof to the thoughtfully designed interior featuring 2 primary suites, this is a home with features you simply don't find every day. The main level offers a spacious kitchen with granite countertops, peninsula with seating, and stainless appliances, while the adjoining living and dining areas are complemented by a cozy wood-burning fireplace flanked by custom built in cabinetry and leads out to a bright 3-season sunroom with tiled floors overlooking the backyard. One of the home's standout features is the main-level primary suite, complete with a dramatic two-way gas fireplace shared between the bedroom and private bath. The stunning bath offers a charming claw-foot soaking tub, separate shower, large walk-in closet, and French doors that open directly to the backyard deck, creating a wonderful indoor/outdoor retreat. This home actually offers two primary suites! The second is located upstairs along with three total upper-level bedrooms, providing plenty of flexibility for a variety of living arrangements. The finished lower level adds even more usable space with a family room, game room, den, 5th bedroom and ¾ bath which is ideal for entertaining, hobbies, guests, a home office or simply spreading out. Additional highlights include an attached 2-stall garage, newer central A/C and water heater, plus the peace of mind of an existing sump pump and radon mitigation system. * * * Priced over $50,000 BELOW the county's assessed value, this is an incredible value AND Sellers are offering concessions toward buyer closing costs or an interest-rate buy-down with an acceptable offer! * * *
Single-familyProperty Type
1981Year Built
0.27 acresLot Size
$124Price/Sq.Ft.
2 car garageParking
Listed by Jeremy Kolars• REALTY EXECUTIVES ASSOCIATES
NORTHSTARMLS as Distributed by MLS Grid #RASM7001429
Feb 12, 2013
Listed
$283,700
$83/sq ft
NORTHSTARMLS as Distributed by MLS Grid #3700064
Mar 19, 2010
Listing Removed
—
Jun 13, 2009
Listed
$289,000
$84/sq ft
NORTHSTARMLS as Distributed by MLS Grid #RASM121066
Jun 11, 2009
Listed
$289,000
$84/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$2,436 (+6.7%)
2025
$2,282 (+21.6%)
2024
$1,876 (+30.6%)
2023
$1,436 (+154.6%)
2022
$564 (−88.1%)
2021
$4,750 (+1.8%)
2020
$4,664 (+3.5%)
2019
$4,506 (+13.0%)
2018
$3,986 (+10.8%)
2017
$3,598 (+1.4%)
2015
$3,548 (+2.5%)
2014
$3,462
Public record
Beds
5
Baths
5
Stories
2
Lot width
—
Lot depth
—
Lot size
0.27 Acres
Year renovated
1981
Finished Sq. Ft.
3,388
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,388
Year built
1981
Style
Single Family Residential
County
Nicollet County
APN
18.681.0180
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 25, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
2/10 Heat Factor
7 days above 100° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
North Mankato, MN • 56003
Average low and high temperatures (°F)
24
7
32
14
50
29
58
38
71
49
79
61
82
65
78
62
78
56
66
45
44
30
30
14
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
89/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in North Mankato. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11.3 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1002 Oak Terrace Dr
$424,096
$904 under list price of $425K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $350K to $393K.