2 months on rocket

1124 Summit Ave, Detroit Lakes, MN, 56501

$285,000

Home List Price

$3,384*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
1,790 SqFt
$159/SqFt
House

Location

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1124 Summit Ave, Detroit Lakes$285,000

Buyer Closing Credits

$3,384*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Asphalt, Finished Garage
Garage2 spaces
Year Built1910
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6604088
StatusActive

About 1124 Summit Ave

You're home search has come to an end once you see this charming character 4 bedroom 2 bathroom home. Sits in an established highly sought after neighborhood. You're bound to fall in love with the vintage millwork and hardwood floors throughout. Boasts a formal dining area with an elegant bay window for entertaining. Afterwards head into the living room and cozy up to the field stone gas fire place. Moving onto the kitchen you will notice the abundance of cabinets, newer countertops, and main level laundry. However if you prefer to have the laundry in the basement there are hook ups located down there as well. Heading upstairs you will see the elegant staircase that leads you to the large four bedrooms and even more built in cabinetry. Looking to enjoy the outdoors? Choose from enjoying the mornings or evenings in the three season porch or head around back to the fully fenced in beautiful back yard. Equipped with a newer sprinkler system to ensure you will always have that beautiful yard. What makes this home also stand out is 29 windows were replaced in the last 4 years by Window World to increase energy efficiency and an oversized heated garage built approximately a year ago. Other recent updates include newer electrical panel and wiring, gutter guards, and flooring. Owners have hired an inspector to thoroughly inspect the home, report available upon request. This home is ready for it's next owner. Assumable loan at a 2.25% interest rate, 12 years remaining. Take a look today!

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Living Area: 1,790 SqFt

Listing Office:

  • Office Name: eXp Realty (3523 FGO)

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Asphalt, Finished Garage

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take highway 10 to summit ave go south on summit ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $285,000
  • Price Per SqFt: $159/SqFt

Tax Information:

  • Annual Amount: $2,360
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit Lakes, MN.

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Detroit Lakes, MN

City

Med. Sold Price

$349.2K

Med. Price/SqFt

$179

Avg. Days On Market

44

# of Sold Homes

27

1124 Summit Ave vs Detroit Lakes

64 DAYS ON ROCKET

+20 Days

$285,000

-$64.2K Less

$159/SqFt

-$21 Less

KEY TAKEAWAY

This property is $64.2K less than the Median Sold Price and $21/SqFt less than other homes in Detroit Lakes, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6604088

Listing Office:

  • Office Name: eXp Realty (3523 FGO)

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Last updated on: 11/21/2024, 10:22:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,360$208,700
2020$2,386$208,700
2019$2,234$208,900
2018$1,962$189,900

History based on county public records data.

Payment Calculator

$1,490

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$921

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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-267799
6
/10

  • Rossman Elementary School

  • 1221 Rossman Ave

  • 0.21 miles

  • Public District Grades PK-5

school-card-donut-267800
4
/10

  • Roosevelt Elementary School

  • 510 11th Ave

  • 0.93 miles

  • Public District Grades PK-5

school-card-donut-267801
5
/10

  • Lake Park Audubon Elementary School

  • 601 4th St

  • 7.12 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,178. The most common annual income of people living in Detroit Lakes, MN is between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1124 Summit Ave

What is the listing price of this property?

The listing price of 1124 Summit Ave property is $285,000.

What type of property is this?

The property 1124 Summit Ave is a house located in Detroit Lakes, Minnesota, 56501.

Is this property for sale now?

Active Listing: 1124 Summit Ave 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 $2,360 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1124 Summit Ave has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1124 Summit Ave is 1,790 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1124 Summit Ave is 1910.

Rocket Homes›Minnesota›Becker County›Detroit Lakes›56501›1124 Summit Ave

This home is located at 1124 Summit Ave in Detroit Lakes, MN and zip code 56501. This 1,790 square foot home was built in 1910. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $285,000.

Detroit Lakes, MN housing market in October 2024 saw over 2 listings sold above listed price, more than 8 sold at listed price and over 17 sold below. The inventory of homes for sale in Detroit Lakes, MN between September 2024 and October 2024 increased by 0.7%. While the average time on the market in October 2024 was 44 days, the median list price was $349,250.

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

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