11 days on rocket

1216 Palace Ave, Saint Paul, MN, 55105

$724,900

Home List Price

$8,608*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
2,798 SqFt
$259/SqFt
House

Location

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1216 Palace Ave, Saint Paul$724,900

Buyer Closing Credits

$8,608*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage2 spaces
Year Built2015
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceGas
MLS #6640575
StatusActive

About 1216 Palace Ave

Welcome home! This modern home is on a corner lot conveniently located in the desirable Mac-Groveland neighborhood. The main floor has an open design that includes a spacious kitchen, a living room with a gas fire place, and a dining area that leads to a porch deck with fenced back yard for endless entertainment options. Upstairs, you’ll find 3 bedrooms including a large owner's suite with oversized walk-in closet, private bath, and large windows for ample sunlight. The upstairs floor plan includes a laundry room, a reading nook, a full bathroom, and 2 additional bedrooms. The lower level is a large finished basement with tall ceilings. There is a family room, bedroom, bathroom and storage area. Centrally located and easy access to restaurants and cafes, grocery stores including Trader Joes, a bakery, gas stations, parks, and public transportation. Simply enjoy!

Property Details

Property Features

Property Information:

  • Year Built: 2015
  • Living Area: 2,798 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: Gas

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

Lot Features

Lot Information:

  • Lot: Corner Lot, Few Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Lexington to Edgcumbe Rd to Palace Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $724,900
  • Price Per SqFt: $259/SqFt

Tax Information:

  • Annual Amount: $8,330
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Saint Paul, MN.

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Saint Paul, MN

City

Med. Sold Price

$292.3K

Med. Price/SqFt

$201

Avg. Days On Market

42

# of Sold Homes

183

1216 Palace Ave vs Saint Paul

11 DAYS ON ROCKET

-31 Days

$724,900

+$432.5K More

$259/SqFt

+$58 More

KEY TAKEAWAY

This property is $432.5K more than the Median Sold Price and $58/SqFt more than other homes in Saint Paul, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6640575

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 1/6/2025, 8:22:49 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

Aug 29, 2016Home Sold
$480,000
Oct 20, 2014Home Sold
$122,000
Oct 20, 2014Home Sold
$80,000
Feb 24, 2010Home Sold
$80,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,330$571,900
2019$8,686$515,000
2018$7,878$463,800
2017$7,576$458,900

History based on county public records data.

Payment Calculator

$3,685

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,240

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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-767187
6
/10

  • Randolph Heights Elementary School

  • 348 Hamline Ave S

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-767188
4
/10

  • Adams Magnet Elementary School

  • 615 Chatsworth St S

  • 0.57 miles

  • Public Magnet Grades KG-5

school-card-donut-767189
4
/10

  • EXPO for Excellence Elementary School

  • 540 Warwick St

  • 0.57 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 $45,774. Typical income of Saint Paul, MN residents is between $35k-100k annually. The majority of families are single, 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 1216 Palace Ave

What is the listing price of this property?

The listing price of 1216 Palace Ave property is $724,900.

What type of property is this?

The property 1216 Palace Ave is a house located in Saint Paul, Minnesota, 55105.

Is this property for sale now?

Active Listing: 1216 Palace 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 $8,330 (source: MLS/based on county public records data).

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

The last sale was on August 29, 2016 for $480,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1216 Palace Ave has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1216 Palace Ave is 2,798 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1216 Palace Ave is 2015.

Rocket Homes›Minnesota›Ramsey County›Saint Paul›55105›1216 Palace Ave

This home is located at 1216 Palace Ave in Saint Paul, MN and zip code 55105 in the Macalester-Groveland neighborhood. This 2,798 square foot home was built in 2015. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 26, 2024 and is currently priced at $724,900.

Saint Paul, MN housing market in December 2024 saw over 59 listings sold above listed price, more than 42 sold at listed price and over 82 sold below. Between November 2024 and December 2024, Saint Paul, MN real estate market has seen decrease in the number of listings by 15.7%. The median list price of listings available in December 2024 was $292,301, while the average time on the real estate market was 42 days.

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

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