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388 Mill Ave SE, Blackduck, MN, 56630

$130,000

Home List Price

$1,544*

Closing Credit

3 Bedrooms
1 Full Bath
988 SqFt
$132/SqFt
House

Location

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388 Mill Ave SE, Blackduck$130,000

Buyer Closing Credits

$1,544*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGravel
Year Built1950
HeatingForced Air
CoolingWindow Unit(s)
BasementYes
MLS #6613150
StatusActive

About 388 Mill Ave SE

The property offers a unique opportunity for investors or individuals seeking to customize a well-built home to their preferences. The double lot provides ample space, potentially increasing the property's value and offering various design options for expansion or landscaping. The existing structure's location in a quiet neighborhood enhances its appeal, with scenic views that could attract potential buyers or renters. Moreover, the pre-plumbed basement with a separate entrance presents a significant advantage, allowing for the creation of an additional rental unit, which could serve as a source of passive income. This aspect aligns with the growing trend of homeowners converting basements into apartments, a move that can offer a return on investment and increase the overall property value. Overall, this property seems to be a promising investment with several attractive features for those looking to enter the real estate market or expand their portfolio.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Living Area: 988 SqFt

Listing Office:

  • Office Name: Real Broker, LLC

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Gravel

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: From Hwy 71 in Blackduck, go East on Summit Ave W. to Mill Ave., turn south and follow around the corner to the left. Home will be on the left (North).

Price Information

Listing Price Info

Price Summary:

  • List Price: $130,000
  • Price Per SqFt: $132/SqFt

Tax Information:

  • Annual Amount: $676
  • Tax Year: 2021
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Housing Market Comparison

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

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Blackduck, MN

City

Med. Sold Price

$139.9K

Med. Price/SqFt

$87

Avg. Days On Market

183

# of Sold Homes

1

388 Mill Ave SE vs Blackduck

58 DAYS ON ROCKET

-125 Days

$130,000

-$9.9K Less

$132/SqFt

+$45 More

KEY TAKEAWAY

This property is $9.9K less than the Median Sold Price and $45/SqFt more than other homes in Blackduck, MN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6613150

Listing Office:

  • Office Name: Real Broker, LLC

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Last updated on: 12/22/2024, 9:22:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 29, 2009Home Sold
$62,000

Tax History

YEARPROP. TAXASSESSMENT
2021$676 -
2019$626$40,700
2018$544$35,700

History based on county public records data.

Payment Calculator

$716

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$456

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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-939005
6
/10

  • Blackduck Elementary School

  • 156 1st St NE

  • 0.31 miles

  • Public District Grades PK-6

school-card-donut-939006
5
/10

  • Kelliher Elementary School

  • 345 4th St NW

  • 15.58 miles

  • Public District Grades PK-6

school-card-donut-939007
5
/10

  • Northome Elementary School

  • 11731 Highway 1

  • 17.29 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 $38,936. Residents of Blackduck, MN typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 388 Mill Ave SE

What is the listing price of this property?

The listing price of 388 Mill Ave SE property is $130,000.

What type of property is this?

The property 388 Mill Ave SE is a house located in Blackduck, Minnesota, 56630.

Is this property for sale now?

Active Listing: 388 Mill Ave SE 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 $676 (source: MLS/based on county public records data).

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

The last sale was on October 29, 2009 for $62,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 388 Mill Ave SE has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 388 Mill Ave SE is 988 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 388 Mill Ave SE is 1950.

Rocket Homes›Minnesota›Beltrami County›Blackduck›56630›388 Mill Ave SE

This home is located at 388 Mill Ave SE in Blackduck, MN and zip code 56630. This 988 square foot home was built in 1950. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $130,000.

In November 2024 more than 0 listings in Blackduck, MN were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below. The number of listings in Blackduck, MN decreased by 15.4% between October 2024 and November 2024. While the average time on the market in November 2024 was 183 days, the median list price was $139,900.

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

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