Welcome to this well-maintained 3 bedroom home! If you’re a first-time home buyer or just looking for a solid rental investment, this home checks all the boxes. Improvements include new flooring, refreshed bathroom, and fresh interior paint, giving the home a clean, modern feel. The functional floor plan offers comfortable living spaces and ample light, making it truly move-in ready. Keep your maintenance low with additional updates of furnace, water heater, sump pump, wiring and insulation!
Step out the back door and enjoy the deck, perfect for relaxing or entertaining.
Property includes a driveway that enters on 1st St W (see parcel map for more details). Check it out today!
Closed
$107,500
204 W 5th Ave, Lakefield, MN 56150
3beds
1,758sqft
Single Family
Built in 1940
8,755 Square Feet Lot
$108,500 Zestimate®
$61/sqft
$1,206 Estimated rent
Home value
$108,500
Estimated sales range
Not available
$1,206/mo
Zestimate® history
Owner options
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$1,206/mo
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$1,206/mo
Rent Zestimate®
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$536/mo
Est. payment
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$536/mo
Est. payment
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List your homeWhat's special
Clean modern feelNew flooringFunctional floor planAmple lightComfortable living spacesFresh interior paintRefreshed bathroom
Zillow last checked:
Listing updated:
Listed by:
Sheila Freking 507-329-0240,
EXIT Realty - Great Plains
Bought with:
Eric Kruger
Stan Sievert Agency
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7017256
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 117 Square Feet
- Dimensions: 13'x9'
Bedroom 2
- Level: Upper
- Area: 144 Square Feet
- Dimensions: 12'x12'
Bedroom 3
- Level: Upper
- Area: 169 Square Feet
- Dimensions: 13'x13'
Bathroom
- Level: Main
- Area: 20 Square Feet
- Dimensions: 4'x5'
Dining room
- Level: Main
- Area: 120 Square Feet
- Dimensions: 15'x8'
Kitchen
- Level: Main
- Area: 117 Square Feet
- Dimensions: 13'x9'
Laundry
- Level: Main
Living room
- Level: Main
- Area: 180 Square Feet
- Dimensions: 18'x10'
Mud room
- Level: Main
Other
- Level: Basement
- Area: 738 Square Feet
- Dimensions: 18'x41'
Heating
- Forced Air
Cooling
- Window Unit(s)
Appliances
- Included: Range, Refrigerator
Features
- Basement: Block,Full,Sump Pump,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,758
- Total interior livable area: 1,758 sqft
- Finished area above ground: 1,020
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel
Accessibility
- Accessibility features: Other
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Deck
Lot
- Size: 8,755 Square Feet
- Dimensions: 8,775 Sq Ft
Details
- Foundation area: 824
- Parcel number: 243410460
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Hollisters 1st Add
HOA
- Has HOA: No
Location
- Region: Lakefield
Financial & listing details
- Price per square foot: $61/sqft
- Tax assessed value: $61,700
- Annual tax amount: $839
- Date on market: 2/7/2026
- Cumulative days on market: 343 days
Price history
| Date | Event | Price |
|---|---|---|
| 3/25/2026 | Sold | $107,500-6.1%$61/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7017256 Report a problem | ||
| 3/24/2026 | Pending sale | $114,500$65/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7017256 Report a problem | ||
| 2/7/2026 | Listed for sale | $114,500$65/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7017256 Report a problem | ||
| 12/29/2025 | Listing removed | $114,500$65/sqft |
Source: EXIT Realty broker feed #6685631 Report a problem | ||
| 9/7/2025 | Price change | $114,500-3.4%$65/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6685631 Report a problem | ||
| 4/21/2025 | Price change | $118,500-5.2%$67/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6685631 Report a problem | ||
| 3/15/2025 | Listed for sale | $125,000$71/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6685631 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,082 +1.7% | $61,700 |
| 2024 | $1,064 +3.9% | $61,700 -0.2% |
| 2023 | $1,024 +2.8% | $61,800 +19.3% |
| 2022 | $996 +2.5% | $51,800 +19.4% |
| 2021 | $972 +0.8% | $43,400 -0.2% |
| 2020 | $964 +4.1% | $43,500 -2.9% |
| 2019 | $926 +2.9% | $44,800 +2.1% |
| 2018 | $900 | $43,900 +4.5% |
| 2017 | $900 | $42,000 |
| 2016 | -- | -- |
| 2015 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 56150
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Nearby schools
GreatSchools rating
- 6/10Pleasantview Elementary SchoolGrades: PK-K,4-5Distance: 0.7 mi
- 6/10Jackson County Central Middle SchoolGrades: 6-8Distance: 0.7 mi
- 8/10Jackson County Central Senior High SchoolGrades: 9-12Distance: 9.7 mi
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- Minnesota
- Jackson County
- Lakefield
- 56150
- 204 W 5th Ave
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