3 months on rocket

101 3rd Ave SE, Melrose, MN, 56352

$115,000

Home List Price

$1,366*

Closing Credit

1 Bedroom
1 Full Bath
660 SqFt
$174/SqFt
House

Location

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101 3rd Ave SE, Melrose$115,000

Buyer Closing Credits

$1,366*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage1 space
Year Built1940
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6599379
StatusActive

About 101 3rd Ave SE

Why rent when you can own your own home? This vacant turn-key home located in the city of Melrose offers very low maintenance and is a clean and updated home and move in ready. This home is set up as a 1+bedroom with potential to add another egress window in the lower level for an additional bedroom. The detached garage is a shared garage this property owns 1/2. Appliance allowance is being offered by seller so buyers can pick a new range and refrigerator.

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Living Area: 660 SqFt

Listing Office:

  • Office Name: Central MN Realty LLC

Interior Features

Interior Information:

  • Appliances: Dryer, Range, Refrigerator, Washer, Water Softener
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From I-94, N on Co Rd 13, R on 1st St SE to 3rd Ave, House is located on the corner of 1st and 3rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $115,000
  • Price Per SqFt: $174/SqFt

Tax Information:

  • Annual Amount: $700
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Melrose, MN.

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Melrose, MN

City

Med. Sold Price

$255K

Med. Price/SqFt

$129

Avg. Days On Market

12

# of Sold Homes

2

101 3rd Ave SE vs Melrose

100 DAYS ON ROCKET

+88 Days

$115,000

-$140K Less

$174/SqFt

+$44 More

KEY TAKEAWAY

This property is $140K less than the Median Sold Price and $44/SqFt more than other homes in Melrose, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6599379

Listing Office:

  • Office Name: Central MN Realty LLC

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Last updated on: 12/18/2024, 6:22:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 06, 2020Home Sold
$59,900
Jan 24, 2017Home Sold
$56,000
Mar 07, 2014Home Sold
$30,000

Tax History

YEARPROP. TAXASSESSMENT
2021$700$51,500
2020$722$49,000
2019$704$49,600
2017$708$44,900

History based on county public records data.

Payment Calculator

$641

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$411

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-73276
4
/10

  • Melrose Elementary School

  • 566 5th Ave NE

  • 0.74 miles

  • Public District Grades PK-5

school-card-donut-73277
5
/10

  • Sauk Centre Elementary School

  • 901 State Rd

  • 7.48 miles

  • Public District Grades PK-4

school-card-donut-73278
6
/10

  • Albany Elementary School

  • 10 Forest Ave

  • 12.59 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,968. Residents of Melrose, MN typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 101 3rd Ave SE

What is the listing price of this property?

The listing price of 101 3rd Ave SE property is $115,000.

What type of property is this?

The property 101 3rd Ave SE is a house located in Melrose, Minnesota, 56352.

Is this property for sale now?

Active Listing: 101 3rd Ave SE is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $700 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 6, 2020 for $59,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 101 3rd Ave SE has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 101 3rd Ave SE is 660 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 101 3rd Ave SE is 1940.

Rocket Homes›Minnesota›Stearns County›Melrose›56352›101 3rd Ave SE

This home is located at 101 3rd Ave SE in Melrose, MN and zip code 56352. This 660 square foot home was built in 1940. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 09, 2024 and is currently priced at $115,000.

Over 1 listings were sold over their listed price in November 2024 in Melrose, MN. In the same period over 0 listings were sold below the listed price and 1 listings were sold for the listed price. In November 2024 in Melrose, MN there were 5.3% less homes for sale than in October 2024. In November 2024 median list price was $255,000 and the average listing age was 12 days.

From Rocket Homes Real Estate and based on county public records data.

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