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161 Laurinda Ln #35, Mankato, MN, 56001

0beds
0baths
0sqft
$3,500
--price/sqft
$390/moest. monthly cost
$15,600/yrincome needed

About This Home

Calling all Investors! Huge opportunity to make a deal on this perfect renovation project. Quick Closing, Quick Renovation and Quick Profit! This home needs significant work and is priced accordingly. Given the amount of work necessary to bring this gem up to it's fiull potential, prospective investors must be licensed and experienced renovation specialists. Call today, we are currently entertaining offers!

Getting Around

22
WalkingCar-Dependent
0
TransitVery Limited Transit
52
BikeBikeable

Schools

9/10
Kennedy Elementary SchoolGrades PK-50.7 mi
5/10
6/10

Construction

Condition

  • Year built: 1977

Type & Style

  • Home type: MobileManufactured
  • Property subType: Manufactured Home

Interior

Features

  • Finished area above ground: 0

Interior Area

  • Total structure area: 0

Property

Details

  • On leased land: Yes
  • Lease amount: 499

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Strong Wind
    Strong WindVery High
  • Winter Weather
    Winter WeatherVery High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Winter Weather
Tornado
Hail
Heat Wave

FEMA Declared Disasters in Blue Earth County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $17$204
Home Insurance *$201$2,412
Property Taxes $2$24
Electricity $170$2,050
Total$390$4,680
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$13,371/yr
40% on housing$11,700/yr
45% on housing$10,400/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 56001$139
Blue Earth County$136

vs Homes Sold Last Month

Median $/sqft

ZIP 56001
Blue Earth County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-08-29Listed for sale$3,500

For Sale by Agent

AgentTori Coil
BrokerageEastwood MN

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