3 months on rocket

707 7th Ave, Grand Rapids, MN, 55744

$185,000

Home List Price

$2,197*

Closing Credit

2 Bedrooms
1 Full Bath
952 SqFt
$194/SqFt
House

Location

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707 7th Ave, Grand Rapids$185,000

Buyer Closing Credits

$2,197*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage1 space
Year BuiltNew Const., 2023
HeatingRadiant Floor
CoolingNone
BasementYes
MLS #6590362
StatusActive

About 707 7th Ave

Radiating an authentic feel of the Swedish word ‘Lagom’, meaning “not too little, not too much”, this new construction home brings incredible opportunity for income qualified buyers (household income limit of $89,500 at time of closing). Priced $40,000 below market value, this 2 bedroom, 1 bath puts a modern spin on one-level living through its strategic utilization of space and design. The open concept features streamlined built-ins for storage, large windows that allow natural light to fill the space, and sizable kitchen island. You’ll be inspired to make this your own place to call home. More information available.

Property Details

Property Features

Property Information:

  • Year Built: 2023
  • Living Area: 952 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER NORTHWOODS

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Virtual/3D Tour

  • 3D Tour: 707 7th Ave
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Utilities

Utilities Information:

  • Heating: Radiant Floor
  • Cooling: None

Other

Directions Information:

  • Directions: In town.

Price Information

Listing Price Info

Price Summary:

  • List Price: $185,000
  • Price Per SqFt: $194/SqFt
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Housing Market Comparison

See how this home compares to others in Grand Rapids, MN.

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Grand Rapids, MN

City

Med. Sold Price

$275K

Med. Price/SqFt

$159

Avg. Days On Market

52

# of Sold Homes

20

707 7th Ave vs Grand Rapids

93 DAYS ON ROCKET

+41 Days

$185,000

-$90K Less

$194/SqFt

+$34 More

KEY TAKEAWAY

This property is $90K less than the Median Sold Price and $34/SqFt more than other homes in Grand Rapids, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6590362

Listing Office:

  • Office Name: COLDWELL BANKER NORTHWOODS

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Last updated on: 11/23/2024, 4:22:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$991

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$621

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NMLS#3030

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-920992
5
/10

  • Cohasset Elementary School

  • 450 Columbus Ave

  • 5.55 miles

  • Public District Grades KG-5

school-card-donut-920993
3
/10

  • Vandyke Elementary School

  • 300 Cole St

  • 6.11 miles

  • Public District Grades PK-4

school-card-donut-920994
5
/10

  • King Elementary School

  • 500 5th St SE

  • 14.53 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 $55,098. Most Grand Rapids, MN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 707 7th Ave

What is the listing price of this property?

The listing price of 707 7th Ave property is $185,000.

What type of property is this?

The property 707 7th Ave is a house located in Grand Rapids, Minnesota, 55744.

Is this property for sale now?

Active Listing: 707 7th Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 707 7th Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 707 7th Ave is 952 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 707 7th Ave is 2023.

Rocket Homes›Minnesota›Itasca County›Grand Rapids›55744›707 7th Ave

This home is located at 707 7th Ave in Grand Rapids, MN and zip code 55744. This 952 square foot home was built in 2023. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $185,000.

Over 7 listings were sold over their listed price in October 2024 in Grand Rapids, MN. In the same period over 10 listings were sold below the listed price and 3 listings were sold for the listed price. The number of homes for sale in Grand Rapids, MN decreased by 7.9% between September 2024 and October 2024. Listings spent 52 days on the market in October 2024, and had a median list price of $275,000 during the same period.

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

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