4 months on rocket

316 Elizabeth St, Detroit Lakes, MN, 56501

$219,900

Home List Price

$2,611*

Closing Credit

3 Bedrooms
1 Full Bath
1,372 SqFt
$160/SqFt
House

Location

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316 Elizabeth St, Detroit Lakes$219,900

Buyer Closing Credits

$2,611*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage2 spaces
Year Built1932
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6586433
StatusActive

About 316 Elizabeth St

3 Bedroom 1 bath home with detached garage and 50x150 lot in the city of Detroit Lakes! Located close to Detroit Lakes schools, healthcare facilities, stores, parks, and only 4 blocks from the lake. This property features a nice yard with beautiful landscaping, front 7x16 deck, access along Elizabeth St. and the rear alley. Oversized 24x24 detached garage and 8x10 garden shed included. Multiple entrance points to the home including a walkout master bedroom. 9x20 basement/utility room. This is a great property for anyone!

Property Details

Property Features

Property Information:

  • Year Built: 1932
  • Living Area: 1,372 SqFt

Listing Office:

  • Office Name: Counselor Realty of Detroit Lakes

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From the intersection of U.S. Hwy 10 and Washington Ave in Detroit Lakes, head south on Washington Ave, turn left and head east on Willow St. E, turn right and head south on Lincoln Ave, then turn left on Elizabeth St and head east to the property on the left side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $219,900
  • Price Per SqFt: $160/SqFt

Tax Information:

  • Annual Amount: $1,272
  • 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

$360K

Med. Price/SqFt

$181

Avg. Days On Market

57

# of Sold Homes

13

316 Elizabeth St vs Detroit Lakes

129 DAYS ON ROCKET

+72 Days

$219,900

-$140.1K Less

$160/SqFt

-$21 Less

KEY TAKEAWAY

This property is $140.1K 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: #6586433

Listing Office:

  • Office Name: Counselor Realty of Detroit Lakes

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Last updated on: 12/21/2024, 11:52:49 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

Nov 06, 2017Home Sold
$134,500

Tax History

YEARPROP. TAXASSESSMENT
2021$1,272$129,800
2020$1,288$129,800
2019$1,124$130,200
2018$1,064$113,800

History based on county public records data.

Payment Calculator

$1,165

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$726

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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-870157
6
/10

  • Rossman Elementary School

  • 1221 Rossman Ave

  • 0.53 miles

  • Public District Grades PK-5

school-card-donut-870158
4
/10

  • Roosevelt Elementary School

  • 510 11th Ave

  • 0.83 miles

  • Public District Grades PK-5

school-card-donut-870159
5
/10

  • Lake Park Audubon Elementary School

  • 601 4th St

  • 7.60 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 $44,853. Most Detroit Lakes, MN residents have annual incomes less than $35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 316 Elizabeth St

What is the listing price of this property?

The listing price of 316 Elizabeth St property is $219,900.

What type of property is this?

The property 316 Elizabeth St is a house located in Detroit Lakes, Minnesota, 56501.

Is this property for sale now?

Active Listing: 316 Elizabeth St 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 $1,272 (source: MLS/based on county public records data).

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

The last sale was on November 6, 2017 for $134,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 316 Elizabeth St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 316 Elizabeth St is 1,372 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 316 Elizabeth St is 1932.

Rocket Homes›Minnesota›Becker County›Detroit Lakes›56501›316 Elizabeth St

This home is located at 316 Elizabeth St in Detroit Lakes, MN and zip code 56501. This 1,372 square foot home was built in 1932. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $219,900.

In November 2024, from all listings sold in Detroit Lakes, MN there were more than 1 sold above asking price, over 9 sold below and more than 3 were sold right at the asked price. In November 2024 in Detroit Lakes, MN there were 15.2% less homes for sale than in October 2024. Listings spent 57 days on the market in November 2024, and had a median list price of $360,000 during the same period.

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

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