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505 Lake St, Sherburn, MN, 56171

$59,900

Home List Price

$711*

Closing Credit

3 Bedrooms
1 Full Bath
1,170 SqFt
$51/SqFt
House

Location

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505 Lake St, Sherburn$59,900

Buyer Closing Credits

$711*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Concrete
Attached Garage2 spaces
Year Built1910
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6639982
StatusActive

About 505 Lake St

Fantastic investment opportunity! This property offers incredible potential for those looking to add value and make it their own, whether as a primary residence or rental. The exterior boasts low-maintenance vinyl siding, a spacious 24x28 detached garage, and a fully fenced private yard—ideal for entertaining or pets. Inside, the home is ready for your personal touch, with a well-designed main floor layout that includes the living room, dining room, kitchen, and laundry room. A main floor bedroom and full bathroom provide convenience, while built-in storage in the hallway ensures ample storage space. The side entry also offers extra storage. Upstairs features two generously sized bedrooms. The basement is an old-style cellar with exterior access, housing all utilities. This property is being sold AS IS and offers endless possibilities for renovation and improvement!

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Living Area: 1,170 SqFt

Listing Office:

  • Office Name: EXIT Realty - Great Plains

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Hwy 26 - turn south on Lake St. House on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $59,900
  • Price Per SqFt: $51/SqFt
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MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6639982

Listing Office:

  • Office Name: EXIT Realty - Great Plains

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Last updated on: 12/17/2024, 11:22:50 PM 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

7.5% / 6.68%

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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-4260976
7
/10

  • Trimont Elementary School

  • 77 Beech St W

  • 8.11 miles

  • Public District Grades 3-6

school-card-donut-4260977
4
/10

  • Riverside Elementary School

  • 820 Park St

  • 13.50 miles

  • Public District Grades PK-3

school-card-donut-4260978
4
/10

  • Fairmont Elementary School

  • 714 Victoria St Ste 101

  • 13.55 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 $46,797. The majority of Martin County, MN residents have income between $35k-100k annually. Residents typically live in single, no kids family. 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 505 Lake St

What is the listing price of this property?

The listing price of 505 Lake St property is $59,900.

What type of property is this?

The property 505 Lake St is a house located in Sherburn, Minnesota, 56171.

Is this property for sale now?

Active Listing: 505 Lake St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 505 Lake St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 505 Lake St is 1,170 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 Lake St is 1910.

Rocket Homes›Minnesota›Martin County›Sherburn›56171›505 Lake St

This home is located at 505 Lake St in Sherburn, MN and zip code 56171. This 1,170 square foot home was built in 1910. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $59,900.

Martin County, MN housing market in November 2024 saw over 5 listings sold above listed price, more than 2 sold at listed price and over 10 sold below. The number of listings in Martin County, MN decreased by 1.2% between October 2024 and November 2024. While the average time on the market in November 2024 was 61 days, the median list price was $169,500.

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

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