3 months on rocket

502 Litchfield Ave, Litchfield, MN, 55355

$189,900

Home List Price

$2,255*

Closing Credit

0 Baths
2,040 SqFt
$93/SqFt
Multi

Location

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502 Litchfield Ave, Litchfield$189,900

Buyer Closing Credits

$2,255*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDetached
Garage2 spaces
Year Built1935
HeatingSteam, Hot Water
BasementYes
MLS #6600531
StatusActive

About 502 Litchfield Ave

Great Investment! Income producing with long term renters in place! New siding and roof. 2 - 100 gallon water heaters. Rare 3 bedrooms in each unit. Each unit has a separate entrance, driveway and mailing address. Large 24 x 24 garage. Shared access to unfinished basement and laundry area.

Property Details

Property Features

Property Information:

  • Year Built: 1935
  • Living Area: 2,040 SqFt

Listing Office:

  • Office Name: Realty ONE Group Choice

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Steam, Hot Water

Other

Directions Information:

  • Directions: Hwy 22 to E St Paul East to S Litchfield - Home on Corner

Price Information

Listing Price Info

Price Summary:

  • List Price: $189,900
  • Price Per SqFt: $93/SqFt
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Housing Market Comparison

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

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Litchfield, MN

City

Med. Sold Price

$243K

Med. Price/SqFt

$147

Avg. Days On Market

32

# of Sold Homes

4

502 Litchfield Ave vs Litchfield

102 DAYS ON ROCKET

+70 Days

$189,900

-$53.1K Less

$93/SqFt

-$54 Less

KEY TAKEAWAY

This property is $53.1K less than the Median Sold Price and $54/SqFt less than other homes in Litchfield, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6600531

Listing Office:

  • Office Name: Realty ONE Group Choice

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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NMLS#3030

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-855171
5
/10

  • Lake Ripley Elementary School

  • 100 W Pleasure Dr

  • 0.59 miles

  • Public District Grades KG-4

school-card-donut-855172
10
/10

  • Dassel Elementary School

  • 131 E William Ave

  • 10.87 miles

  • Public District Grades KG-4

school-card-donut-855173
7
/10

  • Atwater-Cosmos-Grove City Elementary School

  • 302 2nd St S

  • 12.56 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,354. The majority of Litchfield, MN residents have income between $35k-100k annually. Most families are married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Meeker County›Litchfield›55355›502 Litchfield Ave

This home is located at 502 Litchfield Ave in Litchfield, MN and zip code 55355. This 2,040 square foot home was built in 1935. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $189,900.

While more than 3 listings in Litchfield, MN in November 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below. Between October 2024 and November 2024, Litchfield, MN real estate market has seen increase in the number of listings by 5.7%. In November 2024 median list price was $243,000 and the average listing age was 32 days.

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

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