3 months on rocket

518 Laurel Ave, Saint Paul, MN, 55102

$995,000

Home List Price

$10,000*

Closing Credit

0 Baths
4,230 SqFt
$235/SqFt
Multi

Location

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518 Laurel Ave, Saint Paul$995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingAssigned, Concrete
Year Built1911
HeatingHot Water
BasementYes
MLS #6594263
StatusActive

About 518 Laurel Ave

Exceptional Ramsey Hill fourplex in a wonderful location across the street from McQuillan Park! This building is perfect for an owner-occupant or an investor and is situated on a large lot with ample off-street parking. This building has great short-term rental possibilities as well. There are two main floor units and two upper units all with decks overlooking a park like backyard area! All of the units have been updated over the last few years and have beautiful kitchens and updated ceramic bathrooms! The pictures do not do the property justice, you need to see to fully appreciate all the improvements that have been done to the property! There is a large, shared laundry area in the lower level. Hurry and schedule a showing so you don’t miss your opportunity to own this fantastic property!

Property Details

Property Features

Property Information:

  • Year Built: 1911
  • Living Area: 4,230 SqFt

Listing Office:

  • Office Name: RE/MAX Results

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Concrete

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Hot Water

Other

Directions Information:

  • Directions: Dale Street to Laurel go east

Price Information

Listing Price Info

Price Summary:

  • List Price: $995,000
  • Price Per SqFt: $235/SqFt

Tax Information:

  • Annual Amount: $9,794
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Saint Paul, MN.

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Saint Paul, MN

City

Med. Sold Price

$290K

Med. Price/SqFt

$201

Avg. Days On Market

36

# of Sold Homes

213

518 Laurel Ave vs Saint Paul

109 DAYS ON ROCKET

+73 Days

$995,000

+$704.9K More

$235/SqFt

+$34 More

KEY TAKEAWAY

This property is $704.9K more than the Median Sold Price and $34/SqFt more than other homes in Saint Paul, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6594263

Listing Office:

  • Office Name: RE/MAX Results

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Last updated on: 12/17/2024, 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

Listing History

Apr 16, 2003Home Sold
$92,727
Apr 16, 2003Home Sold
$159,697
Apr 16, 2003Home Sold
$97,879

Tax History

YEARPROP. TAXASSESSMENT
2021$9,794$506,300
2019$10,008$491,100
2018$8,702$425,600
2017$7,350$365,200

History based on county public records data.

Payment Calculator

$5,034

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,050

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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-4347624
2
/10

  • Benjamin E Mays Magnet

  • 560 Concordia Ave

  • 0.38 miles

  • Public Magnet Grades PK-5

school-card-donut-4347625
1
/10

  • Obama Service Learning Elementary School

  • 707 Holly Ave

  • 0.42 miles

  • Public Magnet Grades PK-6

school-card-donut-4347626
2
/10

  • Maxfield Elementary School

  • 380 Victoria St N

  • 0.83 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,926. The majority of Saint Paul, MN residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Ramsey County›Saint Paul›55102›518 Laurel Ave

This home is located at 518 Laurel Ave in Saint Paul, MN and zip code 55102 in the Summit-University neighborhood. This 4,230 square foot home was built in 1911. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $995,000.

In November 2024 more than 63 listings in Saint Paul, MN were sold above the asking price. During the same period more than 45 listings were sold at asking price, while more than 105 were sold below. In November 2024 in Saint Paul, MN there were 5.3% less homes for sale than in October 2024. While the average time on the market in November 2024 was 36 days, the median list price was $290,028.

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

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