NOT LISTED FOR SALE

1 Riverside Ave NW Melrose, MN 56352

Estimated Value: $312,000 - $357,000

4 Beds
2.5 Baths
2,834 Sq Ft
$122/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $330,000 $116 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,128/month

47 Days on Market

Highlights

  • 143 Feet of Waterfront
  • No HOA
  • Breakfast Area or Nook
  • 36,590 Sq Ft lot
  • Home Gym
  • The kitchen features windows

About This Home

As of July 2023

This home is a true gem! It was built at the turn of the century and boasts 140 feet of riverfront on the Sauk River, a wooded double lot in the heart of town, and many original features such as leaded glass windows and hardwood floors. The home has been fully remodeled while maintaining its historical characteristics, including four large bedrooms on one level and plenty of natural light. There is a large mud room between the double attached garage and the home, an enclosed front porch, and a remodeled kitchen with stainless steel appliances and granite countertops. Additionally, a dock on the river, a fenced-in backyard, and a detached three-stall garage with bonus rooms on both the upper and lower levels that could be used as a workshop. The home is conveniently located within walking distance of the grocery store, downtown, the Lake Wobegon Trail system, and Veteran's Memorial Park (Farmer's Market). This is an incredibly unique and remarkable property!

Last Agent to Sell the Property

JoLynn Cafferty

Lakes Area Realty Listed on: 04/19/2023

Last Buyer's Agent

JoLynn Cafferty

Lakes Area Realty Listed on: 04/19/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,686

Year Built

  • Built in 1900

Lot Details

  • 0.84 Acre Lot
  • Lot Dimensions are 130x316x143x259
  • 143 Feet of Waterfront
  • River Front
  • Partially Fenced Property
  • Wire Fence

Parking

  • 5 Car Attached Garage
  • Heated Garage

Home Design

  • Metal Siding

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room Floor Drain
  • Home Gym
  • Partial Basement

Kitchen

  • Breakfast Area or Nook
  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Mini Split Air Conditioners
  • Hot Water Heating System
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Aud Sub Sec 34 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 66373590000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,686

Year Built

Built in 1900

Lot Details

0

Parking

5

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Ductless Mini-Split
  • Garage Spaces: 5
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2334
  • Water Body Name: Sauk River
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 2834
  • Fireplace: No
  • Below Grade Finished Sq Ft: 500
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Foyer, Informal Dining Room, Exercise Room, Porch
  • SqFtTotal: 3194.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Fencing: Partial, Wire
  • ConstructionMaterialsDesc: Frame
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 10-15
  • Waterfront Frontage: 143

Garage/Parking

  • Parking Features: Attached Garage, Detached, Concrete, Floor Drain, Heated Garage

Utilities

  • Heating: Forced Air, Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Electric

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Dock,Kitchen Window

Schools

  • Junior High Dist: Melrose
  • SchoolDistrictPhone: 320-256-4224

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 130x316x143x259
  • Lot Size Sq Ft: 36590.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 66373590000
  • Tax Annual Amount: 3686
  • TaxWithAssessments: 3694.0000

Multi Family

  • WaterfrontFeatures: River Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
Jul 14, 2023
Sold by
Diaz-Saule Michael and Diaz Adrianna
Bought by
Prickette Jerome and Prickette Catherine
Seller's Agent
JoLynn Cafferty
Lakes Area Realty
Buyer's Agent
JoLynn Cafferty
Lakes Area Realty
List Price
$330,000
Sold Price
$330,000
Views
91
Current Estimated Value
$344,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,634
Avg. Annual Appreciation
1.91%
Original Mortgage
$137,500
Outstanding Balance
$134,220
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$210,414

Purchase Details

Closed on
May 11, 2020
Sold by
Kraemer Jeremy A and Kraemer Jeanne M
Bought by
Saule Michael E and Diaz Adrianna

Purchase Details

Closed on
May 12, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kraemer Jeanne

Purchase Details

Closed on
May 30, 2003
Sold by
Spaeth Ida
Bought by
Kraemer Jeremy

Purchase Details

Closed on
Mar 20, 2002
Sold by
Housman Laura
Bought by
Kampa Kevin Etal
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Prickette Jerome $330,000 --
Saule Michael E $272,500 None Available
Kraemer Jeanne $23,000 --
Kraemer Jeremy $174,000 --
Kampa Kevin Etal $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prickette Jerome $137,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2023 07/14/23 Sold $330,000 0.0% $116 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
05/27/2023 05/27/23 Off Market $330,000 -- --
04/30/2023 04/30/23 For Sale $330,000 -- $116 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,884 $347,000 $58,500 $288,500
2024 $3,884 $349,700 $72,100 $277,600
2023 $3,818 $350,900 $72,100 $278,800
2022 $3,368 $271,700 $72,100 $199,600
2021 $3,596 $271,700 $72,100 $199,600
2020 $3,328 $268,000 $72,100 $195,900
2019 $3,172 $245,400 $67,200 $178,200
2018 $3,388 $231,700 $67,200 $164,500
2017 $3,230 $221,700 $66,000 $155,700
2016 $3,152 $0 $0 $0
2015 $3,176 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6357915

NorthstarMLS

APN: 66.37359.0000