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317 Elm St, Lake City, MN, 55041

$349,000

Home List Price

$4,144*

Closing Credit

4 Bedrooms
1 Full Bath
2,044 SqFt
$171/SqFt
House

Location

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317 Elm St, Lake City$349,000

Buyer Closing Credits

$4,144*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Tuckunder Garage
Garage2 spaces
Year Built1971
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceFree Standing
MLS #6606715
StatusActive

About 317 Elm St

Discover this rare opportunity to own a well-kept home in a prime location! This property can serve multiple uses as it has a split floor plan with separate living spaces featuring two custom built kitchens, two family rooms, and bedrooms on both levels. Whether you are looking for a single family home with a mother-in-law suite, an investment property, or simply need bonus entertainment space, this property has it all. The upper level has 3 bedrooms, a full bath, and an open concept kitchen/dining/living space that overlooks the quiet neighborhood. The lower level walk-out has a full eat-in kitchen, living room, full bath, and a good sized bedroom. This property is just a short stroll to downtown, schools, parks, and the lake. The stunningly landscaped yard, offers a peaceful backyard escape perfect for unwinding or hosting gatherings. Meticulously cared for, this residence offers bright, spacious living areas and modern conveniences throughout. A true gem that won’t last long!

Property Details

Property Features

Property Information:

  • Year Built: 1971
  • Living Area: 2,044 SqFt

Listing Office:

  • Office Name: Lakeshore Real Estate Krage & Associates, LLC.

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer, Water Softener
  • Basement: Yes
  • Fireplace: Free Standing

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Concrete, Tuckunder Garage

Virtual/3D Tour

  • 3D Tour: 317 Elm St
3D Tour

Lot Features

Lot Information:

  • Lot: Irregular Lot

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lincoln Secondary School, Public District Grades 7-12
  • Bluff View Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: In Lake City, go south on HWY 61/Lakeshore Dr, right on Elm St, property on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $349,000
  • Price Per SqFt: $171/SqFt
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Housing Market Comparison

See how this home compares to others in Lake City, MN.

Med. Sold Price

$307K

Med. Price/SqFt

$173

Avg. Days On Market

49

# of Sold Homes

12

317 Elm St vs Lake City

40 DAYS ON ROCKET

-9 Days

$349,000

+$42K More

$171/SqFt

-$3 Less

KEY TAKEAWAY

This property is $42K more than the Median Sold Price and $3/SqFt less than other homes in Lake City, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6606715

Listing Office:

  • Office Name: Lakeshore Real Estate Krage & Associates, LLC.

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Property Sales & Tax

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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.

Elementary School

school-card-donut-2040922
6
/10
  • Bluff View Elementary School

  • 1156 W Lakewood Ave

  • 0.75 miles

  • Public District Grades PK-6

High School

school-card-donut-2040923
6
/10
  • Lincoln Secondary School

  • 300 S Garden St

  • 0.09 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,403. Residents of Lake City, MN typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 317 Elm St

What is the listing price of this property?

The listing price of 317 Elm St property is $349,000.

What type of property is this?

The property 317 Elm St is a house located in Lake City, Minnesota, 55041.

Is this property for sale now?

Active Listing: 317 Elm St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 317 Elm St are:
Bluff View Elementary School: GreatSchools Rating 6/10
Lincoln Secondary School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 317 Elm St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 317 Elm St is 2,044 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 317 Elm St is 1971.

Rocket HomesMinnesotaWabasha CountyLake City55041317 Elm St

This home is located at 317 Elm St in Lake City, MN and zip code 55041. This 2,044 square foot home was built in 1971. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $349,000.

While more than 1 listings in Lake City, MN in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 8 were sold below. The number of listings in Lake City, MN increased by 14.6% between September 2024 and October 2024. While the average time on the market in October 2024 was 49 days, the median list price was $307,000.

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

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