25 days on rocket

1242 Palace Ave, Saint Paul, MN, 55105

$575,000

Home List Price

$6,828*

Closing Credit

3 Bedrooms
1 Full Bath, 2 Partial
2,412 SqFt
$238/SqFt
House

Location

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1242 Palace Ave, Saint Paul$575,000

Buyer Closing Credits

$6,828*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Concrete, Garage Door Opener
Garage2 spaces
Year Built1950
HeatingBaseboard, Forced Air
CoolingCentral Air
BasementYes
MLS #6613823
StatusActive

About 1242 Palace Ave

Macalester-Groveland charmer, available for the first time in over 40 years. Perched up high, on an exceptional lot. Thoughtfully preserved to maintain its' original charm, paired with impactful upgrades throughout. Traditional floor plan with an inviting foyer, large living room, main floor primary bedroom and a sun-drenched 3 season porch. Updated kitchen with custom cabinetry, breakfast bar seating & an adjoining informal dining area. Two additional bedrooms up, plus a half bathroom. Finished basement with a spacious family room, half bath & a large utility/laundry room with sink + bonus shower, great for pets! Original HW floors, oversized Andersen windows, copper plumbing & large backyard paver patio. Central AC, forced air & supplemental baseboard heating. Endless potential with this home, including the addition of a fourth bedroom. Detached two stall garage with concrete driveway. Walkable to nearby restaurants, shops & parks & convenient access to both downtowns. Schedule your private showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Living Area: 2,412 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 35 East to Randolph Ave, West to Griggs, North to Palace, West to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $575,000
  • Price Per SqFt: $238/SqFt

Tax Information:

  • Annual Amount: $5,566
  • 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

$290K

Med. Price/SqFt

$201

Avg. Days On Market

32

# of Sold Homes

219

1242 Palace Ave vs Saint Paul

25 DAYS ON ROCKET

-7 Days

$575,000

+$284.9K More

$238/SqFt

+$37 More

KEY TAKEAWAY

This property is $284.9K more than the Median Sold Price and $37/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: #6613823

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 11/23/2024, 8:22:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,566$376,700
2019$5,998$355,900
2018$5,552$324,500
2017$5,042$302,900

History based on county public records data.

Payment Calculator

$2,937

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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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-847131
6
/10

  • Randolph Heights Elementary School

  • 348 Hamline Ave S

  • 0.24 miles

  • Public District Grades KG-5

school-card-donut-847132
4
/10

  • EXPO for Excellence Elementary School

  • 540 Warwick St

  • 0.52 miles

  • Public District Grades PK-5

school-card-donut-847133
4
/10

  • Adams Magnet Elementary School

  • 615 Chatsworth St S

  • 0.62 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,667. Typical income of Saint Paul, MN residents is between $35k-100k annually. Most 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 1242 Palace Ave

What is the listing price of this property?

The listing price of 1242 Palace Ave property is $575,000.

What type of property is this?

The property 1242 Palace Ave is a house located in Saint Paul, Minnesota, 55105.

Is this property for sale now?

Active Listing: 1242 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 $5,566 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1242 Palace Ave has 3 bedrooms and 1 full and 2 half bathrooms.

What is the square footage of this property?

The property 1242 Palace Ave is 2,412 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1242 Palace Ave is 1950.

Rocket Homes›Minnesota›Ramsey County›Saint Paul›55105›1242 Palace Ave

This home is located at 1242 Palace Ave in Saint Paul, MN and zip code 55105 in the Macalester-Groveland neighborhood. This 2,412 square foot home was built in 1950. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $575,000.

Saint Paul, MN housing market in October 2024 saw over 81 listings sold above listed price, more than 48 sold at listed price and over 90 sold below. In October 2024 in Saint Paul, MN there were 7.7% more homes for sale than in September 2024. While the average time on the market in October 2024 was 32 days, the median list price was $290,058.

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

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