23 days on rocket

509 Mckay Ave S, Alexandria, MN, 56308

$159,900

Home List Price

$1,899*

Closing Credit

3 Bedrooms
1 Full Bath
1,546 SqFt
$103/SqFt
House

Location

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509 Mckay Ave S, Alexandria$159,900

Buyer Closing Credits

$1,899*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Asphalt, Garage Door Opener
Garage3 spaces
Year Built1890
HeatingBaseboard, Hot Water
CoolingNone
BasementYes
MLS #6621716
StatusActive

About 509 Mckay Ave S

ATTENTION INVESTORS AND FIRST TIME HOME BUYERS!!! Are you looking for a large property with tons of garage space in town at a reasonable price? Look no further! This fantastic Turn of the Century home on a large corner city lot with outbuildings close to schools, shopping and Central Lakes Trail is available now at an affordable price. You will love the main floor featuring a large open kitchen, formal dining room, living room, bedroom, full bath, as well as mud room with washer/dryer hook ups. Upstairs you will find two additional bedrooms. This home offers tons of storage, too! If that is not enough, check out the double detached garage with workshop and loft, single garage, as well as three additional sheds. This property has good bones, updated windows, and newer water heater. Please note, it has been smoked in. This is a fantastic property that needs some updating. Are you ready for home ownership? Or your next investment property? Don't miss out on this one!!!

Property Details

Property Features

Property Information:

  • Year Built: 1890
  • Living Area: 1,546 SqFt

Listing Office:

  • Office Name: Century 21 First Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Electric Water Heater, Range, Refrigerator, Water Softener
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Detached, Asphalt, Garage Door Opener

Utilities

Utilities Information:

  • Heating: Baseboard, Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: From Broadway go east on 3rd Avenue, turn right on McKay Avenue, home is on the right with circle driveway.

Price Information

Listing Price Info

Price Summary:

  • List Price: $159,900
  • Price Per SqFt: $103/SqFt

Tax Information:

  • Annual Amount: $1,284
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$350K

Med. Price/SqFt

$171

Avg. Days On Market

51

# of Sold Homes

34

509 Mckay Ave S vs Alexandria

23 DAYS ON ROCKET

-28 Days

$159,900

-$190.1K Less

$103/SqFt

-$69 Less

KEY TAKEAWAY

This property is $190.1K less than the Median Sold Price and $69/SqFt less than other homes in Alexandria, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6621716

Listing Office:

  • Office Name: Century 21 First Realty, Inc.

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Last updated on: 11/20/2024, 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
2021$1,284$128,200
2020$1,254$119,500
2019$1,148$114,700
2017$1,034$76,338

History based on county public records data.

Payment Calculator

$866

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

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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-216981
5
/10
  • Woodland Elementary School

  • 1410 McKay Ave S Ste 101

  • 0.68 miles

  • Public District Grades KG-5

school-card-donut-216982
8
/10
  • Lincoln Elementary School

  • 1120 Lark St

  • 1.84 miles

  • Public District Grades KG-5

school-card-donut-216983
5
/10
  • Voyager Elementary School

  • 203 Voyager Dr

  • 1.96 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,152. Most Alexandria, MN residents have annual incomes less than $35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Alexandria, MN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Alexandria, MN.

The housing landscape in Alexandria is characterized by a mix of single-family homes and multi-family residences, with single-family homes being the more prevalent option. Architectural styles in the area vary, with a blend of traditional and contemporary designs that cater to a range of aesthetic preferences. The majority of the homes were built during a period of growth in the late 20th century, reflecting the city's development trends.

What is it like to live in Alexandria, MN?

Alexandria is celebrated for its small-town charm and community-oriented atmosphere. The city prides itself on its rich history and the preservation of its local heritage, which is evident in the well-attended annual festivals and community events that bring residents together. The area's character is further defined by its scenic landscapes and proximity to numerous lakes, which contribute to a relaxed and recreational lifestyle.

Is it easy to get around Alexandria, MN without a car?

Residents of Alexandria have access to a solid educational system, with several public schools serving different age groups and a handful of private institutions offering alternative educational options. The city is equipped with healthcare facilities that provide a range of services to meet the community's needs. Retail and dining establishments in Alexandria reflect the local culture, offering both familiar and unique shopping and culinary experiences. The city is attentive to the evolving needs of its residents and continuously seeks to improve its service offerings.

Transportation in Alexandria, MN.

Transportation in Alexandria includes a variety of options for residents. The city's layout and infrastructure support a moderate level of walkability, particularly in the downtown area. While public transportation options are available, many residents find that having a personal vehicle is convenient for commuting and running errands. The city's road network connects to major highways, facilitating travel to and from the area. Ride-sharing services are present in Alexandria, providing an alternative mode of transportation for those who prefer not to drive.

Frequently Asked Questions About 509 Mckay Ave S

What is the listing price of this property?

The listing price of 509 Mckay Ave S property is $159,900.

What type of property is this?

The property 509 Mckay Ave S is a house located in Alexandria, Minnesota, 56308.

Is this property for sale now?

Active Listing: 509 Mckay Ave S 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 $1,284 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 509 Mckay Ave S has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 509 Mckay Ave S is 1,546 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 509 Mckay Ave S is 1890.

Rocket Homes›Minnesota›Douglas County›Alexandria›56308›509 Mckay Ave S

This home is located at 509 Mckay Ave S in Alexandria, MN and zip code 56308. This 1,546 square foot home was built in 1890. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $159,900.

In October 2024, from all listings sold in Alexandria, MN there were more than 5 sold above asking price, over 19 sold below and more than 10 were sold right at the asked price. Between September 2024 and October 2024, Alexandria, MN real estate market has seen decrease in the number of listings by 1.8%. While the average time on the market in October 2024 was 51 days, the median list price was $350,000.

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

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