Sold-non member

$160,000

501 Homewood Dr N, Welcome, MN 56181

3beds

2,666sqft

Single Family Residence

Built in 1978

0.53 Acres Lot

$177,000 Zestimate^®

$60/sqft

$1,248 Estimated rent

Home value

$177,000

$158,000 - $195,000

$1,248/mo

Zestimate^® history

Owner options

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$1,248/mo

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$1,248/mo

Rent Zestimate^®

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$806/mo

Est. payment

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$806/mo

Est. payment

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What's special

Welcome to this accessible property offering two lots being sold together, positioned on the edge of town for added privacy. This home features a well-thought-out layout with three bedrooms on the main level, including a Jack and Jill bathroom. The heated two-stall garage provides extra room for vehicles, an additional two garages and a yard shed in the backyard for all your storage needs or hobbies. Enjoy the space and opportunity this property has to offer!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
1/4 bathrooms: 1

Bedroom

Level: Main
Area: 154
Dimensions: 11 x 14

Bedroom 1

Level: Main
Area: 140
Dimensions: 14 x 10

Bedroom 2

Level: Main
Area: 110
Dimensions: 10 x 11

Dining room

Level: Main
Area: 121
Dimensions: 11 x 11

Family room

Level: Basement
Area: 528
Dimensions: 24 x 22

Kitchen

Level: Main
Area: 132
Dimensions: 12 x 11

Living room

Level: Main
Area: 209
Dimensions: 11 x 19

Heating

Forced Air, Natural Gas

Features

Basement: Block,Full
Has fireplace: No

Interior area

Total structure area: 1,333
Total interior livable area: 2,666 sqft
Finished area above ground: 1,333
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Attached, Detached
Attached garage spaces: 2

Features

Levels: Two
Stories: 2

Lot

Size: 0.53 Acres
Dimensions: 190 x 244

Details

Foundation area: 1333
Parcel number: 425000010, 425000020
Other equipment: Sump Pump

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Block, Vinyl Siding

Condition

Previously Owned
New construction: No
Year built: 1978

Utilities & green energy

Sewer: City
Water: Public

Community & HOA

Location

Region: Welcome

Financial & listing details

Price per square foot: $60/sqft
Tax assessed value: $162,100
Annual tax amount: $1,546
Date on market: 5/27/2025

Price history

Date	Event	Price
5/23/2025	Sold	$160,000-3%$60/sqft
Source: RASM #7036774 Report a problem
3/3/2025	Pending sale	$165,000$62/sqft
Source: NorthstarMLS as distributed by MLS GRID #6673653 Report a problem
2/20/2025	Listed for sale	$165,000$62/sqft
Source: NorthstarMLS as distributed by MLS GRID #6673653 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,468 +73.1%	$162,100 +4.2%
2024	$1,426 +6.6%	$155,600 +43.8%
2023	$1,338 +19.5%	$108,200 +9%
2022	$1,120 +1.3%	$99,300 +21.8%
2021	$1,106 -2%	$81,500 +0.5%
2020	$1,128 -1.6%	$81,100
2018	$1,146 +0.3%	$81,100 +57.5%
2017	$1,143 +6.9%	$51,500
2016	$1,069 -2%	$51,500 -4.6%
2015	$1,091 -13.1%	$54,000 -7.1%
2013	$1,255 +5.4%	$58,100 +4.3%
2012	$1,191	$55,700
2011	--	--
2010	--	$85,100