2 months on rocket

101 3rd Ave SE, Melrose, MN, 56352

$119,900

Home List Price

$1,424*

Closing Credit

1 Bedroom
1 Full Bath
660 SqFt
$182/SqFt
House

Location

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101 3rd Ave SE, Melrose$119,900

Buyer Closing Credits

$1,424*

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 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. Home is currently a rental property, and a showing notice will be required for any showings. The detached garage is a shared garage this property owns 1/2.

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: $119,900
  • Price Per SqFt: $182/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.

Med. Sold Price

$320K

Med. Price/SqFt

$100

Avg. Days On Market

20

# of Sold Homes

5

101 3rd Ave SE vs Melrose

69 DAYS ON ROCKET

+49 Days

$119,900

-$200.1K Less

$182/SqFt

+$81 More

KEY TAKEAWAY

This property is $200.1K less than the Median Sold Price and $81/SqFt more than other homes in Melrose, MN.

Based on homes sold in October 2024

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: 11/17/2024, 11:52:48 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

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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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-599608
4
/10
  • Melrose Elementary School

  • 566 5th Ave NE

  • 0.74 miles

  • Public District Grades PK-5

school-card-donut-599609
5
/10
  • Sauk Centre Elementary School

  • 901 State Rd

  • 7.48 miles

  • Public District Grades PK-4

school-card-donut-599610
6
/10
  • Albany Elementary School

  • 10 Forest Ave

  • 12.59 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,968. Typical income of Melrose, MN residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area 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 $119,900.

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 HomesMinnesotaStearns CountyMelrose56352101 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 $119,900.

Melrose, MN housing market in October 2024 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 4 sold below. Between September 2024 and October 2024, Melrose, MN real estate market has seen increase in the number of listings by 5%. The median list price of listings available in October 2024 was $320,000, while the average time on the real estate market was 20 days.

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

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