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511 Richwood Rd, Detroit Lakes, MN, 56501

$279,900

Home List Price

$3,324*

Closing Credit

3 Bedrooms
1 Full Bath
1,630 SqFt
$172/SqFt
House

Location

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511 Richwood Rd, Detroit Lakes$279,900

Buyer Closing Credits

$3,324*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Garage Door Opener
Garage2 spaces
Year Built1950
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6609329
StatusActive

About 511 Richwood Rd

This MAGNIFICENT 3-bedroom, 2-bathroom rambler style home w/ a detached 2-stall garage in Detroit Lakes is ready for you to move right in! The main level features the beautifully updated modern kitchen, featuring sleek stainless steel appliances, complemented by vinyl plank flooring that runs throughout the entire main level. In addition on the main floor, 2 bedrooms, a stylishly renovated full bathroom & delightful Livingroom. Downstairs, you’ll find a spacious family room, convenient laundry area, a charming snack bar, a 3/4 updated subway tile walk-in shower (AHH-MAZING!), and the 3rd bedroom. Step outside to relax on the large deck, take in the vinyl siding & windows, & enjoy the private backyard. Between 2019 & now, the seller has made PHENOMENAL updates, entire basement re-done, furnace, central air conditioning, water heater, updated kitchen & stainless steel kitchen appliances, all new interior doors, front & side doors, both bathrooms gutted and re-done, and washer/dryer.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Living Area: 1,630 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Profess

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Garage Door Opener

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Detroit Lakes Senior High School, Public District Grades 9-12
  • Detroit Lakes Middle School, Public District Grades 5-8
  • Roosevelt Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: From Detroit Lake, head north on Washington Ave toward Holmes St W, Turn east onto N St E/Lake Country Scenic Bywy, Continue to follow Lake Country Scenic Bywy, and Turn north onto Richwood Rd. Destination will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $279,900
  • Price Per SqFt: $172/SqFt

Tax Information:

  • Annual Amount: $1,244
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit Lakes, MN.

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Detroit Lakes, MN

City

Med. Sold Price

$349.2K

Med. Price/SqFt

$179

Avg. Days On Market

44

# of Sold Homes

27

511 Richwood Rd vs Detroit Lakes

38 DAYS ON ROCKET

-6 Days

$279,900

-$69.3K Less

$172/SqFt

-$8 Less

KEY TAKEAWAY

This property is $69.3K less than the Median Sold Price and $8/SqFt less than other homes in Detroit Lakes, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6609329

Listing Office:

  • Office Name: Keller Williams Realty Profess

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Last updated on: 11/4/2024, 10:22:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 24, 2019Home Sold
$170,000
Nov 18, 2014Home Sold
$111,251

Tax History

YEARPROP. TAXASSESSMENT
2021$1,244$127,500
2020$1,254$127,500
2019$1,228$127,600
2018$1,178$122,100

History based on county public records data.

Payment Calculator

$1,464

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$906

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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-1801809
4
/10

  • Roosevelt Elementary School

  • 510 11th Ave

  • 0.72 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1801810
5
/10

  • Detroit Lakes Middle School

  • 510 11th Ave

  • 0.72 miles

  • Public District Grades 5-8

High School

school-card-donut-1801811
6
/10

  • Detroit Lakes Senior High School

  • 1301 Roosevelt Ave

  • 1.51 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,389. Residents of Detroit Lakes, MN typically earn less than $35k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 511 Richwood Rd

What is the listing price of this property?

The listing price of 511 Richwood Rd property is $279,900.

What type of property is this?

The property 511 Richwood Rd is a house located in Detroit Lakes, Minnesota, 56501.

Is this property for sale now?

Active Listing: 511 Richwood Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 511 Richwood Rd are:
Roosevelt Elementary School: GreatSchools Rating 4/10
Detroit Lakes Middle School: GreatSchools Rating 5/10
Detroit Lakes Senior High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,244 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 24, 2019 for $170,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 511 Richwood Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 511 Richwood Rd is 1,630 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 511 Richwood Rd is 1950.

Rocket Homes›Minnesota›Becker County›Detroit Lakes›56501›511 Richwood Rd

This home is located at 511 Richwood Rd in Detroit Lakes, MN and zip code 56501. This 1,630 square foot home was built in 1950. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $279,900.

Over 2 listings were sold over their listed price in October 2024 in Detroit Lakes, MN. In the same period over 17 listings were sold below the listed price and 8 listings were sold for the listed price. The inventory of homes for sale in Detroit Lakes, MN between September 2024 and October 2024 increased by 0.7%. The median list price of listings available in October 2024 was $349,250, while the average time on the real estate market was 44 days.

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

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