$155,000
SOLD MAY 9, 2025

500 Craig Ave Tracy, MN 56175

3 Beds
2 Baths
1,208 Sq Ft
0.46 Acres

Recently Sold

$128 Per Sq Ft

3% Above List Price

29 Days on Market

Highlights

  • Deck
  • No HOA
  • Porch
  • Main Floor Primary Bedroom
  • The kitchen features windows
  • Living Room

About This Home

As of May 2025

See to appreciate this hidden gem! 3 bedrooms on the main level, updated kitchen, dining and living room open lay out combination. Hardwood floors, and numerous updates. The basement features a smaller family room with opportunity to finish more area as well as a 3/4 bathroom. The exterior has a very beautiful, private outdoor patio and entertaining area., Finished entertaining opportunity (bar or serving counter) in the garage, with heat, and air! R-V parking area, large storage shed, drive thru driveway. This one is worth a look!

Last Agent to Sell the Property

Steve Struchen

Real Estate Retrievers LLC Listed on: 03/06/2025

Last Buyer's Agent

Sean O'Connell

Edina Realty

Edina Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,182

Year Built

  • Built in 1918

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 249 x 100

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Brick Foundation

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • The kitchen features windows
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Finished Basement

  • Drainage System
  • Sump Pump
  • Drain
  • Stone or Rock in Basement
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 311780090

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,182

Year Built

Built in 1918

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1918
  • Above Grade Finished Sq Ft: 1008
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Satellite
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Brick/Mortar, Daylight/Lookout Windows, Drain Tiled, Drainage System, Finished, Concrete, Partially Finished, Stone/Rock, Storage Space, Sump Pump
  • Appliances: Electric Water Heater, Exhaust Fan, Water Osmosis System
  • Living Area: 1208
  • Fireplace: No
  • Below Grade Finished Sq Ft: 200
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom, Deck, Porch

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years
  • Other Structures: Storage Shed
  • PatioPorchType: Deck,Front Porch,Patio

Garage/Parking

  • Parking Features: Detached, Gravel, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage, Storage
  • Garage Square Feet: 676
  • ParkingOpen: 4

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Ceiling Fan(s),Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Patio,Satelite Dish,Washer/Dryer Hookup,Walk-Up Attic

Schools

  • Junior High Dist: Tracy Area
  • SchoolDistrictNumber: 2904
  • SchoolDistrictPhone: 507-629-5500

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 249 x 100
  • Lot Size Sq Ft: 20037.6
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 311780090
  • Tax Annual Amount: 1182
  • TaxWithAssessments: 1182.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Jul 26, 2024
Sold by
Torkelson Shawn and Torkelson Sara
Bought by
Sams John and Sams Cheri
Seller's Agent
Steve Struchen
Real Estate Retrievers LLC
Buyer's Agent
Sherry Mathiowetz
Marshall Area Homes
List Price
$125,000
Sold Price
$133,000
Premium/Discount to List
$8,000
6.4%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.77%
Original Mortgage
$133,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2011
Sold by
Torkelson Gregory A and Torkelson Lori J
Bought by
Torkelson Shawn L and Torkelson Sara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,605
Interest Rate
4.37%
Mortgage Type
FHA
Source: Public Records

Similar Homes in Tracy, MN

  • 361 Hollett St, Tracy, MN 56175

    $159,000

    • 2 Beds
    • 1 Bath
    • 1,468 Sq Ft
    • 361 Hollett St
    • Tracy, MN

    This two-bedroom, one-bath home offers a comfortable and inviting atmosphere with its high ceilings and thoughtful layout. The spacious design allows for a seamless flow between rooms, providing a sense of openness throughout. The home features a well-sized kitchen and formal dining room and two living areas, ideal for relaxation or entertaining. One of the standout features of this property is

    Laura Deslauriers RE/MAX Advantage Plus

    Section Image
  • 507 Summit Ave, Tracy, MN 56175

    $160,000

    • 4 Beds
    • 2 Baths
    • 2,244 Sq Ft
    • 507 Summit Ave
    • Tracy, MN

    Spacious Home with Huge Potential and a Dream Backyard! Step into opportunity with this 4-bedroom, 2-bath home featuring a generously sized, fully fenced backyard—perfect for pets, play, or planting your dream garden in the raised planter boxes. Enjoy morning coffee or evening gatherings on the large deck, accessed through a walkout patio door from the main living area. The main floor offers 3

    Taylor Onken Edina Realty, Inc.

    Section Image
  • 801 Greenwood Ave, Tracy, MN 56175

    $149,900

    • 5 Beds
    • 1 Bath
    • 1,664 Sq Ft
    • 801 Greenwood Ave
    • Tracy, MN

    Near schools and more!!! Situated on a corner lot in Tracy, MN, this one won’t disappoint. The home features 4 bedrooms on the upper level and one on the main floor. Eat-in kitchen for added convenience and a main floor laundry room. Plenty of space in the basement for storage with a non-conforming bathroom that could be finished to your liking. Schedule your showing today!!!

    Sai Yang Creative Results

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $133,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $156,565 New Conventional
Closed $133,000 New Conventional
Previous Owner $45,000 New Conventional
Previous Owner $53,605 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Sold $155,000 +3.4% $128 / Sq Ft
04/04/2025 04/04/25 Pending -- -- --
03/06/2025 03/06/25 For Sale $149,900 +12.7% $124 / Sq Ft
07/27/2024 07/27/24 Sold $133,000 +6.4% $102 / Sq Ft
06/15/2024 06/15/24 Pending -- -- --
06/03/2024 06/03/24 For Sale $125,000 -- $96 / 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
2024 $1,182 $93,600 $11,800 $81,800
2023 $1,058 $81,700 $9,500 $72,200
2022 $950 $68,800 $9,500 $59,300
2021 $908 $56,500 $9,500 $47,000
2020 $900 $54,200 $9,500 $44,700
2019 $722 $54,400 $9,500 $44,900
2018 $746 $46,600 $9,500 $37,100
2017 $746 $46,600 $9,500 $37,100
2016 $740 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6678338

NorthstarMLS

APN: 31-178009-0