18 days on rocket

116 1st St SE, Richmond, MN, 56368

$250,000

Home List Price

$2,969*

Closing Credit

4 Bedrooms
1 Full Bath
2,799 SqFt
$89/SqFt
House

Location

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116 1st St SE, Richmond$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Concrete, Garage Door Opener
Garage2 spaces
Year Built1938
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6624744
StatusActive

About 116 1st St SE

Welcome to Richmond! This beautiful property exudes warmth and character, offering a rare combination of historic charm and modern-day conveniences. Nestled on a large, fenced-in city lot, this home is perfect for those who appreciate a blend of original features and a spacious, versatile layout. As you step inside, you're greeted by the impressive original hardwood flooring throughout the dining room that extends through much of the main floor. Craftsmanship shines through, with timeless details that you'll appreciate as you move from room to room. The main floor is designed for convenience and comfort. The spacious living room, with plenty of natural light pouring through the windows, is an inviting space where you can relax, entertain, or simply enjoy the ambiance of this well-loved home. The main floor bedroom is a flexible space is ideal for a primary bedroom, guest room, or even a home office, providing convenience and privacy away from the upstairs bedrooms. The main floor laundry room ensures laundry tasks are easy and accessible without the need to navigate stairs. This kitchen will make meal preparation a breeze. There is a ton of counter and cabinet space, enough for even the largest household. Upstairs, you'll find two additional bedrooms, each with its own unique charm. The character of the home continues here, with cozy nooks and plenty of natural light, making these rooms ideal for children, guests, or even as hobby or craft spaces. Downstairs, there is the family room and an additional bedroom. Stepping outside, you'll discover the large paver patio and a fenced-in yard. Whether you envision a lush garden, a play area, or even an outdoor entertainment space, this yard offers endless possibilities making it a perfect area for pets, children, or simply a quiet oasis to enjoy nature. Be sure to set up your private showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1938
  • Living Area: 2,799 SqFt

Listing Office:

  • Office Name: RE/MAX Results

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Concrete, Garage Door Opener

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Main St. Richmond, South on Ivy Ave, Left on 1st Street SE, Property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
  • Price Per SqFt: $89/SqFt

Tax Information:

  • Annual Amount: $1,998
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$342K

Med. Price/SqFt

$195

Avg. Days On Market

46

# of Sold Homes

6

116 1st St SE vs Richmond

18 DAYS ON ROCKET

-28 Days

$250,000

-$92K Less

$89/SqFt

-$107 Less

KEY TAKEAWAY

This property is $92K less than the Median Sold Price and $107/SqFt less than other homes in Richmond, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6624744

Listing Office:

  • Office Name: RE/MAX Results

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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

May 01, 2019Home Sold
$174,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,998$135,100
2020$1,718$132,900
2019$1,610$131,000
2017$1,556$89,600

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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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-716708
8
/10
  • Richmond Elementary School

  • 34 2nd St NE

  • 0.24 miles

  • Public District Grades KG-5

school-card-donut-716709
3
/10
  • Cold Spring Elementary School

  • 601 Red River Ave N

  • 4.47 miles

  • Public District Grades PK-5

school-card-donut-716710
4
/10
  • Rockville Elementary School

  • 415 W Broadway

  • 8.46 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,568. The majority of Richmond, MN residents have income between $35k-100k annually. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 116 1st St SE

What is the listing price of this property?

The listing price of 116 1st St SE property is $250,000.

What type of property is this?

The property 116 1st St SE is a house located in Richmond, Minnesota, 56368.

Is this property for sale now?

Active Listing: 116 1st St 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 $1,998 (source: MLS/based on county public records data).

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

The last sale was on May 1, 2019 for $174,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 116 1st St SE has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 116 1st St SE is 2,799 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 116 1st St SE is 1938.

Rocket Homes›Minnesota›Stearns County›Richmond›56368›116 1st St SE

This home is located at 116 1st St SE in Richmond, MN and zip code 56368. This 2,799 square foot home was built in 1938. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $250,000.

In October 2024 more than 2 listings in Richmond, MN were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 4 were sold below. The number of homes for sale in Richmond, MN decreased by 3.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 46 days, the median list price was $342,000.

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

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