4 months on rocket

1208 Elm Ave E, Waseca, MN, 56093

$650,000

Home List Price

$7,719*

Closing Credit

3 Bedrooms
2 Full Baths
1,459 SqFt
$446/SqFt
House

Location

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1208 Elm Ave E, Waseca$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Asphalt, Shared Driveway, Garage Door Opener, Heated Garage, Parking Lot, Paved, RV Access/Parking
Garage2 spaces
Year Built1946
HeatingForced Air
CoolingCentral Air
BasementYes
WaterfrontLake
FireplaceGas, Living Room
ViewLake
MLS #6562682
StatusActive

About 1208 Elm Ave E

3 bed home + 5 unit extended stay motel + 2.7 acres + lake views = ENDLESS POSSIBILITIES! Opportunity knocks! Welcome to Lodging at Lake Aire with incredible views of Clear Lake. Thriving business with month to month stays with many regular and seasonal clients. Motel has remodeled rooms and includes 3 efficiency, 2 one bedroom, on site laundry and private patios for each room…all nestled in a private tree lined setting. The charming main home features curved archways, stacked stone fireplace, updated kitchen & baths, hardwood floors, built in hutches and an oversized heated 2 car garage. Plenty of land to potentially add additional amenities or rentals & includes a 2nd curb cut off Elm Ave. Small investment = BIG rewards…let the business cover your mortgage. Located in the quaint small town of Waseca near numerous lakes, camping and bike paths. This property is meticulously maintained and ready for operation from day one! Call today for more information!

Property Details

Property Features

Property Information:

  • Year Built: 1946
  • Living Area: 1,459 SqFt

Listing Office:

  • Office Name: Re/Max Advantage Plus

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Water Softener
  • Basement: Yes
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Lake
  • View: Lake

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Asphalt, Shared Driveway, Garage Door Opener, Heated Garage, Parking Lot, Paved, RV Access/Parking

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Elm Ave E (Old US 14)....property between 13th St SE and 11th St SE

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
  • Price Per SqFt: $446/SqFt
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Housing Market Comparison

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

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Waseca, MN

City

Med. Sold Price

$234.5K

Med. Price/SqFt

$139

Avg. Days On Market

42

# of Sold Homes

10

1208 Elm Ave E vs Waseca

141 DAYS ON ROCKET

+99 Days

$650,000

+$415.5K More

$446/SqFt

+$307 More

KEY TAKEAWAY

This property is $415.5K more than the Median Sold Price and $307/SqFt more than other homes in Waseca, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6562682

Listing Office:

  • Office Name: Re/Max Advantage Plus

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Last updated on: 11/21/2024, 9:22:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 24, 2008Home Sold
$84,600

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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NMLS#3030

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-251924
4
/10

  • Hartley Elementary School

  • 605 7th St NE

  • 0.69 miles

  • Public District Grades PK-3

school-card-donut-251925
2
/10

  • Team Academy

  • 220 17th Ave NE

  • 1.45 miles

  • Public Charter Grades KG-6

school-card-donut-251926
3
/10

  • Waterville Elementary School

  • 500 Paquin St E

  • 10.40 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,722. Typical income of Waseca, MN residents is between $35k-100k annually. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1208 Elm Ave E

What is the listing price of this property?

The listing price of 1208 Elm Ave E property is $650,000.

What type of property is this?

The property 1208 Elm Ave E is a house located in Waseca, Minnesota, 56093.

Is this property for sale now?

Active Listing: 1208 Elm Ave E is For Sale (Active/New) which means the seller is accepting offers.

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

The last sale was on October 24, 2008 for $84,600. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1208 Elm Ave E has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1208 Elm Ave E is 1,459 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1208 Elm Ave E is 1946.

Rocket Homes›Minnesota›Waseca County›Waseca›56093›1208 Elm Ave E

This home is located at 1208 Elm Ave E in Waseca, MN and zip code 56093. This 1,459 square foot home was built in 1946. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 02, 2024 and is currently priced at $650,000.

In October 2024, from all listings sold in Waseca, MN there were more than 2 sold above asking price, over 5 sold below and more than 3 were sold right at the asked price. The number of listings in Waseca, MN increased by 17.6% between September 2024 and October 2024. In October 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $234,500.

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

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