NOT LISTED FOR SALE

1501 120th St Welcome, MN 56181

Estimated Value: $196,000 - $209,630

4 Beds
1 Bath
1,828 Sq Ft
$111/Sq Ft Est. Value

Sale Details

Date Sold: December 17, 2024

Last sale price $55,000 $30 Per Sq Ft

Est. 269% increase in value since last sale

Current estimated payment $1,178 / mo

29 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Eat-In Kitchen

About This Home

As of December 2024

Discover the potential of this fixer-upper, located just minutes from town on an acre of land. This home has 4 bedrooms with the possibility of a 5th. While the home requires significant renovation, its size and location present a unique opportunity. Don’t miss the chance to transform this diamond in the rough into something stunning. Perfect for investors or those with a passion for home improvement. Explore the possibilities today!

Last Agent to Sell the Property

Vonnie Cone

RE/MAX TOTAL REALTY Listed on: 08/20/2024

RE/MAX TOTAL REALTY

Last Buyer's Agent

Vonnie Cone

RE/MAX TOTAL REALTY Listed on: 08/20/2024

RE/MAX TOTAL REALTY

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $504

Year Built

  • Built in 1920

Lot Details

  • Few Trees

Parking

  • RV Access or Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,828 Sq Ft Home
  • 1.5-Story Property

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • No Cooling
  • No Heating
  • Propane
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 150090200

Home Details

Home Type

Single Family

Est. Annual Taxes

$504

Year Built

Built in 1920

Lot Details

1 Acres

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Accessibility Features: None
  • Water Source: Well
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 1828
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • NST_SingleFamilySubType: Acreage
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Appliances: Range
  • Living Area: 1828
  • Fireplace: No
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Metal

Garage/Parking

  • Parking Features: Gravel, RV Access/Parking

Utilities

  • Heating: None
  • Sewer: Septic System Compliant - No
  • LaundryFeatures: In Basement
  • Electric: Circuit Breakers
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Martin County West
  • SchoolDistrictPhone: 5077288276

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 1 acres
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Frame

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 150090200
  • Tax Annual Amount: 504
  • TaxWithAssessments: 504

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2026
Sold by
Bought by
Current Estimated Value
$202,908

Purchase Details

Closed on
Jan 27, 2026
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,196
Interest Rate
5.74%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 20, 2024
Closed on
Dec 17, 2024
Sold by
Bought by
Seller's Agent
Vonnie Cone
RE/MAX TOTAL REALTY
Buyer's Agent
Vonnie Cone
RE/MAX TOTAL REALTY
List Price
$87,000
Sold Price
$55,000
Premium/Discount to List
-$32,000
-36.78%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
116.50%
Original Mortgage
$44,000
Interest Rate
6.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Aug 20, 2024
Closed on
Dec 13, 2024
Sold by
Bought by
Seller's Agent
Vonnie Cone
RE/MAX TOTAL REALTY
Buyer's Agent
Vonnie Cone
RE/MAX TOTAL REALTY
List Price
$87,000
Sold Price
$55,000
Premium/Discount to List
-$32,000
-36.78%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
6.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 10, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,500
Interest Rate
3.72%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500 Minnesota River Valley Title
$210,000 Minnesota River Valley Title
$27,500 None Listed On Document
$27,500 None Listed On Document
$37,000 Title Team
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $206,196
Closed $44,000
Previous Owner $36,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/17/2024 12/17/24 Sold $55,000 -36.8% $30 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
08/20/2024 08/20/24 For Sale $87,000 -- $48 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $780 $134,200 $42,600 $91,600
2025 $776 $75,700 $45,000 $30,700
2024 $504 $78,300 $35,000 $43,300
2023 $594 $77,100 $35,000 $42,100
2022 $484 $78,100 $33,000 $45,100
2021 $476 $53,200 $28,000 $25,200
2020 $470 $52,600 $28,000 $24,600
2019 $458 $46,600 $22,000 $24,600
2018 $406 $41,400 $22,000 $19,400
2017 $394 $39,200 $19,700 $19,500
2016 $380 $39,500 $19,700 $19,800
2015 $315 $39,500 $19,700 $19,800
2013 $423 $47,500 $15,500 $32,000
Source: Public Records

Agents Affiliated with this Home

  • Vonnie Cone Real Estate Agent - RE/MAX

    Seller's Agent in 2024

    Vonnie Cone

    RE/MAX

    (507) 848-0114

    346 Total Sales

    Vonnie Cone
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Map

Source: NorthstarMLS

MLS Number: 6589502

NorthstarMLS

APN: 150090200

Minnesota Martin County Welcome 56181

1501 120th St, Welcome, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthstarMLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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