11 days on rocket

523 5th Ave SE, Melrose, MN, 56352

$425,000

Home List Price

$5,047*

Closing Credit

4 Bedrooms
1 Full Bath
2,246 SqFt
$189/SqFt
House

Location

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523 5th Ave SE, Melrose$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Gravel
Garage2 spaces
Year Built1880
HeatingForced Air, Fireplace(s)
CoolingNone
BasementYes
FireplaceGas
MLS #6628173
StatusActive

About 523 5th Ave SE

4 bed, 2 story home on 3 acres to be surveyed. Property features a large deck, 64x30 barn with heated office, 24x48 pole shed with heated tool shop, underground sprinkling and an extra large double garage! (Buyer's agent to verify all measurements/info.)

Property Details

Property Features

Property Information:

  • Year Built: 1880
  • Living Area: 2,246 SqFt

Listing Office:

  • Office Name: Main Street Real Estate

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: Yes
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air, Fireplace(s)
  • Cooling: None

Other

Directions Information:

  • Directions: I-94 to Melrose, go north on 2nd Ave SE and turn right on Kraft Dr, go past Kwik Trip & Burger King to turn right on 5th Ave SE to property on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $189/SqFt

Tax Information:

  • Annual Amount: $3,322
  • Tax Year: 2021
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Housing Market Comparison

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

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Melrose, MN

City

Med. Sold Price

$320K

Med. Price/SqFt

$100

Avg. Days On Market

20

# of Sold Homes

5

523 5th Ave SE vs Melrose

11 DAYS ON ROCKET

-9 Days

$425,000

+$105K More

$189/SqFt

+$88 More

KEY TAKEAWAY

This property is $105K more than the Median Sold Price and $88/SqFt more than other homes in Melrose, MN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6628173

Listing Office:

  • Office Name: Main Street Real Estate

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Last updated on: 11/17/2024, 11:52:48 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$3,322$256,600
2020$3,396$249,000
2019$3,264$248,900
2017$3,346$212,700

History based on county public records data.

Payment Calculator

$2,189

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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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-698770
4
/10

  • Melrose Elementary School

  • 566 5th Ave NE

  • 1.05 miles

  • Public District Grades PK-5

school-card-donut-698771
5
/10

  • Sauk Centre Elementary School

  • 901 State Rd

  • 7.77 miles

  • Public District Grades PK-4

school-card-donut-698772
6
/10

  • Albany Elementary School

  • 10 Forest Ave

  • 12.39 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 $54,968. Most Melrose, MN residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 523 5th Ave SE

What is the listing price of this property?

The listing price of 523 5th Ave SE property is $425,000.

What type of property is this?

The property 523 5th Ave SE is a house located in Melrose, Minnesota, 56352.

Is this property for sale now?

Active Listing: 523 5th Ave SE 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 $3,322 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 523 5th Ave SE has 4 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 523 5th Ave SE is 2,246 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 523 5th Ave SE is 1880.

Rocket Homes›Minnesota›Stearns County›Melrose›56352›523 5th Ave SE

This home is located at 523 5th Ave SE in Melrose, MN and zip code 56352. This 2,246 square foot home was built in 1880. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $425,000.

Melrose, MN housing market in October 2024 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 4 sold below. In October 2024 in Melrose, MN there were 5% more homes for sale than in September 2024. Listings spent 20 days on the market in October 2024, and had a median list price of $320,000 during the same period.

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

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