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  • $115,000

    388 Mill Ave SE, Blackduck, MN 56630

    3beds
    1,976sqft
    Single Family
    Built in 1950
    0.52 Acres Lot
    $120,500 Zestimate®
    $58/sqft
    $1,858 Estimated rent

    Home value

    $120,500

    $100,000 - $146,000

    $1,858/mo

    Zestimate® history
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    $582/mo

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    What's special

    The property offers a unique opportunity for investors or individuals seeking to customize a well-built home to their preferences. The double lot provides ample space, potentially increasing the property's value and offering various design options for expansion or landscaping. The existing structure's location in a quiet neighborhood enhances its appeal, with scenic views that could attract potential buyers or renters. Moreover, the pre-plumbed basement with a separate entrance presents a significant advantage, allowing for the creation of an additional rental unit, which could serve as a source of passive income. This aspect aligns with the growing trend of homeowners converting basements into apartments, a move that can offer a return on investment and increase the overall property value. Overall, this property seems to be a promising investment with several attractive features for those looking to enter the real estate market or expand their portfolio.

    Zillow last checked:

    Listing updated:

    Bought with:

    5

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6613150MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 138 Square Feet
    • Dimensions: 12x11.5
    Bedroom 2
    • Level: Main
    • Area: 99.75 Square Feet
    • Dimensions: 9.5x10.5
    Bedroom 3
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Foyer
    • Level: Main
    • Area: 70 Square Feet
    • Dimensions: 7x10
    Kitchen
    • Level: Main
    • Area: 160 Square Feet
    • Dimensions: 10x16
    Living room
    • Level: Main
    • Area: 128 Square Feet
    • Dimensions: 8x16
    Heating
    • Forced Air
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
    • Laundry: Lower Level
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,976
    • Total interior livable area: 1,976 sqft
    • Finished area above ground: 988
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Fencing: None
    Lot
    • Size: 0.52 Acres
    • Dimensions: 2 lots
    Details
    • Foundation area: 988
    • Parcel number: 810044401
    • Zoning description: Residential-Single Family
    • Other equipment: Fuel Tank - Rented

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Frame
    • Roof: Age 8 Years or Less,Asphalt
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Electric: 200+ Amp Service, Power Company: Beltrami Electric Cooperative
    • Gas: Propane
    • Sewer: Private Sewer, Shared Septic
    • Water: 4-Inch Submersible

    Community & HOA

    Community
    • Subdivision: Stelmachs Add
    HOA
    • Has HOA: No
    Location
    • Region: Blackduck

    Financial & listing details

    • Price per square foot: $58/sqft
    • Tax assessed value: $62,200
    • Annual tax amount: $780
    • Date on market: 10/25/2024
    • Cumulative days on market: 133 days
    • Road surface type: Unimproved

    Price history

    DateEventPrice
    4/23/2025Sold$115,000-11.5%$58/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6613150 Report a problem
    3/14/2025Pending sale$130,000$66/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6613150 Report a problem
    11/22/2024Price change$130,000-5%$66/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6613150 Report a problem
    11/1/2024Listed for sale$136,900$69/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6613150 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$786 +0.9%$62,200 -1%
    2024$779 +30.1%$62,800 -6.7%
    2023$599 +7.3%$67,300
    2022$558 +8.6%--
    2021$514 +6.2%--
    2020$484 -11%--
    2018$544 -1.1%--
    2016$550 +3.4%$32,800 -1.8%
    2015$532 +8.1%$33,400
    2014$492 -1.6%$33,400 -3.2%
    2011$500 $34,500
    Find assessor info on the county website

    Neighborhood: 56630

    Nearby schools

    GreatSchools rating
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