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506 8th Ave SW, Pipestone, MN, 56164

$294,900

Home List Price

$3,502*

Closing Credit

4 Bedrooms
2 Baths
1,960 SqFt
$150/SqFt
House

Location

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506 8th Ave SW, Pipestone$294,900

Buyer Closing Credits

$3,502*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage2 spaces
Year Built1940
HeatingForced Air, Radiant Floor
CoolingCentral Air
BasementYes
FireplaceElectric
MLS #6622205
StatusActive

About 506 8th Ave SW

Welcome home to this exceptional 4 bedroom, 2 bath ranch style home nestled on 2 lots with an oversized 2 stall detached garage! Boasting over 1,500 finished square feet on the main there is so much to offer! Starting with the wide open main living area featuring a spacious eat-in kitchen with an ample amount of cupboard and countertop space and an eye catching stamped and heated concrete floor that that’s conveniently open to the huge living room that has a cozy electric fireplace, skylights and a convenient sliding door to the large stamped concrete patio. The main floor also features a formal dining area, open entry with double closets, 3/4 bath and the highly sought after 3 large bedrooms on one level. Downstairs hosts a nice sized family room, 4th bedroom, 3/4 bath and 2 utility rooms. This home is conveniently located next to a large park and bus stop. Other features include: new main floor windows and exterior doors, new main floor carpet and light fixtures, new exterior paint, 2 storage sheds and so much more! This home has been well cared for and move in ready!

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Living Area: 1,960 SqFt

Listing Office:

  • Office Name: Hegg, REALTORS

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Forced Air, Radiant Floor
  • Cooling: Central Air

Other

Directions Information:

  • Directions: W on 7th St. SW N on 8th Ave SW home on left side

Price Information

Listing Price Info

Price Summary:

  • List Price: $294,900
  • Price Per SqFt: $150/SqFt

Tax Information:

  • Annual Amount: $1,502
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$174.5K

Med. Price/SqFt

$97

Avg. Days On Market

63

# of Sold Homes

6

506 8th Ave SW vs Pipestone

56 DAYS ON ROCKET

-7 Days

$294,900

+$120.4K More

$150/SqFt

+$52 More

KEY TAKEAWAY

This property is $120.4K more than the Median Sold Price and $52/SqFt more than other homes in Pipestone, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6622205

Listing Office:

  • Office Name: Hegg, REALTORS

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Last updated on: 12/19/2024, 10:22:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,502$111,700
2020 - $111,800
2019 - $109,500
2018 - $114,500
2017 - $105,200

History based on county public records data.

Payment Calculator

$1,539

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$951

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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-361769
5
/10
  • Hill Elementary School

  • 900 6th Ave SW

  • 0.35 miles

  • Public District Grades 2-4

school-card-donut-361770
5
/10
  • Edgerton Elementary School

  • 423 1st Ave W

  • 12.82 miles

  • Public District Grades PK-5

school-card-donut-361771
3
/10
  • Flandreau Elementary - 04

  • 500 W Community Dr

  • 14.18 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,759. Residents of Pipestone, MN typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 506 8th Ave SW

What is the listing price of this property?

The listing price of 506 8th Ave SW property is $294,900.

What type of property is this?

The property 506 8th Ave SW is a house located in Pipestone, Minnesota, 56164.

Is this property for sale now?

Active Listing: 506 8th Ave SW 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 $1,502 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 506 8th Ave SW has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 506 8th Ave SW is 1,960 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 8th Ave SW is 1940.

Rocket Homes›Minnesota›Pipestone County›Pipestone›56164›506 8th Ave SW

This home is located at 506 8th Ave SW in Pipestone, MN and zip code 56164. This 1,960 square foot home was built in 1940. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $294,900.

In November 2024, from all listings sold in Pipestone, MN there were more than 0 sold above asking price, over 4 sold below and more than 2 were sold right at the asked price. The inventory of homes for sale in Pipestone, MN between October 2024 and November 2024 decreased by 2.8%. In November 2024, listings were on the market for 63 days. During the same period, the median list price in this real estate market was $174,500.

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

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