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40074 Reed Ave, North Branch, MN, 55056

$424,900

Home List Price

$5,046*

Closing Credit

4 Bedrooms
1 Full Bath
1,722 SqFt
$247/SqFt
House

Location

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40074 Reed Ave, North Branch$424,900

Buyer Closing Credits

$5,046*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Gravel
Garage3 spaces
Year Built2001
HeatingForced Air, Other
CoolingWindow Unit(s)
BasementYes
FireplaceGas, Other
MLS #6610954
StatusActive

About 40074 Reed Ave

Escape to this stunning 4-bedroom, 2-bathroom home, set on picturesque rolling hills with breathtaking views of nature all around. Imagine starting your mornings with the peaceful sounds of wildlife and endless outdoor adventures right at your doorstep. This property is a true haven for nature lovers, located directly across from the Wild River State Park, offering limitless opportunities for hiking, kayaking, canoeing, and soaking in the beauty of the St. Croix River. Inside, this home is designed for comfort and convenience. The spacious family room is a cozy gathering spot, complete with a highly efficient coal-burning stove, perfect for those chilly evenings. A separate living room features a gas fireplace, creating a warm and inviting atmosphere for entertaining or relaxing. Recent upgrades, including new siding and a roof installed in the fall of 2023, ensuring that this home is built to last. Outdoors, the property is equally impressive. An abundance of gardens provide ample space for you to grow your own fresh produce or cultivate beautiful flowers. A large 30x30 pole barn, storage shed, and separate studio shed offer plenty of room for all your outdoor equipment, hobbies, and projects. For year-round recreation, Wild Mountain Ski Area is just minutes away, offering thrilling ski slopes in the winter and fun-filled activities in the summer, such as a water park, alpine slides, and go-karts. When you’re ready for a small-town escape, the charming town of Taylors Falls is a short drive away, where you can explore unique shops, enjoy local dining, or take a scenic boat tour along the river. This property perfectly balances peaceful, natural living with easy access to outdoor adventure and small-town charm. Don’t miss the opportunity to make 40074 Reed Avenue your own Minnesota paradise! Schedule a showing today and step into the lifestyle you’ve been dreaming of.

Property Details

Property Features

Property Information:

  • Year Built: 2001
  • Living Area: 1,722 SqFt

Listing Office:

  • Office Name: RE/MAX Results

Interior Features

Interior Information:

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: Gas, Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Detached, Gravel

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • North Branch Area High School, Public District Grades 9-12
  • North Branch Area Middle School, Public District Grades 5-8
  • Sunrise River Elementary School, Public District Grades KG-4

Other

Directions Information:

  • Directions: 95 to County 12 to Reed Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $424,900
  • Price Per SqFt: $247/SqFt

Tax Information:

  • Annual Amount: $3,202
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in North Branch, MN.

Med. Sold Price

$348.1K

Med. Price/SqFt

$210

Avg. Days On Market

20

# of Sold Homes

29

40074 Reed Ave vs North Branch

31 DAYS ON ROCKET

+11 Days

$424,900

+$76.7K More

$247/SqFt

+$36 More

KEY TAKEAWAY

This property is $76.7K more than the Median Sold Price and $36/SqFt more than other homes in North Branch, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6610954

Listing Office:

  • Office Name: RE/MAX Results

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Last updated on: 11/4/2024, 11:52:47 PM 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
2020$3,202$239,100
2019$3,006 -
2018$2,834 -
2017$2,802$180,100

History based on county public records data.

Payment Calculator

$2,188

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,340

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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-1911960
5
/10
  • Sunrise River Elementary School

  • 37775 Grand Ave

  • 10.52 miles

  • Public District Grades KG-4

Middle School

school-card-donut-1911961
3
/10
  • North Branch Area Middle School

  • 38431 Lincoln Trl

  • 10.31 miles

  • Public District Grades 5-8

High School

school-card-donut-1911962
4
/10
  • North Branch Area High School

  • 38175 Grand Ave

  • 10.43 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,734. Typical income of North Branch, MN residents is between $35k-100k annually. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40074 Reed Ave

What is the listing price of this property?

The listing price of 40074 Reed Ave property is $424,900.

What type of property is this?

The property 40074 Reed Ave is a house located in North Branch, Minnesota, 55056.

Is this property for sale now?

Active Listing: 40074 Reed Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 40074 Reed Ave are:
Sunrise River Elementary School: GreatSchools Rating 5/10
North Branch Area Middle School: GreatSchools Rating 3/10
North Branch Area High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,202 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 40074 Reed Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 40074 Reed Ave is 1,722 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40074 Reed Ave is 2001.

Rocket HomesMinnesotaChisago CountyNorth Branch5505640074 Reed Ave

This home is located at 40074 Reed Ave in North Branch, MN and zip code 55056. This 1,722 square foot home was built in 2001. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $424,900.

While more than 7 listings in North Branch, MN in October 2024 were sold above asking price, there were more than 15 listings sold at asking price, and more than 7 were sold below. Between September 2024 and October 2024, North Branch, MN real estate market has seen increase in the number of listings by 18.1%. In October 2024 median list price was $348,187 and the average listing age was 20 days.

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

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