9 days on rocket

318 Monroe Ave S, Edina, MN, 55343

$369,900

Home List Price

$4,393*

Closing Credit

4 Bedrooms
1 Full Bath
1,932 SqFt
$191/SqFt
House

Location

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318 Monroe Ave S, Edina$369,900

Buyer Closing Credits

$4,393*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAsphalt
Year Built1950
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6599133
StatusActive

About 318 Monroe Ave S

This charming home in the Presidents neighborhood of Edina is waiting for a new owner. The home sits on a beautiful, tree-lined street and has been meticulously maintained and updated. It is situated conveniently close to parks, trails, restaurants, coffee shops, and shopping. Some of the upgrades include a new roof (2020), updated bathrooms (2010,2022), an updated kitchen with granite countertops, stainless steel appliances, some new windows, and parts of both the sewer line and electrical wiring have been replaced (see supplements for a full list of upgrades). The backyard is fully fenced in (2021) and is lined by a beautiful cedar fence which adds privacy. The backyard also features a shed with extra storage or space for a workbench with a new roof (2020). All of this can be yours at an incredible price point! Depending on your qualifications, you may also be able to utilize the Edina Downpayment Assistance Program. Do not leave this house waiting, schedule your showing today! (Please note: some third-party sites may incorrectly display this listing as being in Hopkins due to the zip code. The home is within Edina city limits)

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Living Area: 1,932 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Humidifier, Gas Water Heater, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Asphalt

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Hopkins North Junior High, Public District Grades 7-9
  • Hopkins High School, Public District Grades 10-12
  • Eisenhower Elementary, Public District Grades KG-6

Other

Directions Information:

  • Directions: Excelsior Blvd/Maloney Ave to Monroe Avenue South, to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $369,900
  • Price Per SqFt: $191/SqFt
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Housing Market Comparison

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

Med. Sold Price

$613.3K

Med. Price/SqFt

$254

Avg. Days On Market

28

# of Sold Homes

78

318 Monroe Ave S vs Edina

9 DAYS ON ROCKET

-19 Days

$369,900

-$243.4K Less

$191/SqFt

-$63 Less

KEY TAKEAWAY

This property is $243.4K less than the Median Sold Price and $63/SqFt less than other homes in Edina, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6599133

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 9/21/2024, 12:22:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Rate/APR

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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-193562
2
/10
  • Eisenhower Elementary

  • 1001 Highway 7

  • 1.30 miles

  • Public District Grades KG-6

High School

school-card-donut-193563
4
/10
  • Hopkins North Junior High

  • 10700 Cedar Lake Rd

  • 2.54 miles

  • Public District Grades 7-9

school-card-donut-193564
6
/10
  • Hopkins High School

  • 2400 Lindbergh Dr

  • 2.80 miles

  • Public District Grades 10-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,722. The most common annual income of people living in Edina, MN is between $35k-100k. 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 318 Monroe Ave S

What is the listing price of this property?

The listing price of 318 Monroe Ave S property is $369,900.

What type of property is this?

The property 318 Monroe Ave S is a house located in Edina, Minnesota, 55343.

Is this property for sale now?

Active Listing: 318 Monroe Ave S is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 318 Monroe Ave S are:
Eisenhower Elementary: GreatSchools Rating 2/10
Hopkins North Junior High: GreatSchools Rating 4/10
Hopkins High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 318 Monroe Ave S has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 318 Monroe Ave S is 1,932 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 318 Monroe Ave S is 1950.

Rocket Homes›Minnesota›Hennepin County›Edina›55343›318 Monroe Ave S

This home is located at 318 Monroe Ave S in Edina, MN and zip code 55343 in the President's neighborhood. This 1,932 square foot home was built in 1950. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $369,900.

Over 16 listings were sold over their listed price in August 2024 in Edina, MN. In the same period over 45 listings were sold below the listed price and 17 listings were sold for the listed price. In August 2024 in Edina, MN there were 2.3% less homes for sale than in July 2024. In August 2024, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $613,300.

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

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