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 bedrooms and a full bath, while the basement includes an additional bedroom, a cozy fireplace, another bathroom, a walkout basement door, and plenty of space to create a welcoming second living area or guest suite. The attached garage adds everyday convenience, and with new-owner love, it offers a fantastic chance to build equity and truly make it your own. With great bones and an incredibly functional layout, this house is full of space and potential for those ready to bring their vision to life.
Closed
$145,000
507 Summit Ave, Tracy, MN 56175
4beds
2,244sqft
Single Family Residence
Built in 1959
0.28 Acres Lot
$147,500 Zestimate®
$65/sqft
$1,658 Estimated rent
Home value
$147,500
Estimated sales range
Not available
$1,658/mo
Zestimate® history
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$959/mo
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List your homeWhat's special
Fully fenced backyardCozy fireplaceWalkout patio doorRaised planter boxesLarge deckWalkout basement door
Zillow last checked:
Listing updated:
Listed by:
Taylor Onken 507-820-0570,
Edina Realty, Inc.
Bought with:
Tara Onken
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6702594
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bathroom
- Description: 3/4 Basement,Main Floor Full Bath
Dining room
- Description: Eat In Kitchen
Heating
- Hot Water
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Dryer, Range, Refrigerator, Washer
- Laundry: In Basement
Features
- Basement: Finished,Full
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,244
- Total interior livable area: 2,244 sqft
- Finished area above ground: 1,144
- Finished area below ground: 1,100
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
- Details: Garage Dimensions (26X26)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
Lot
- Size: 0.28 Acres
- Dimensions: 86 x 120 x 106 x 130
Details
- Foundation area: 1144
- Parcel number: 311600120
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Tracy
- Subdivision: Donaldsons Hillside Add
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 10/14/2025 | Sold | $145,000-6.5%$65/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6702594 Report a problem | ||
| 9/4/2025 | Pending sale | $155,000$69/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6702594 Report a problem | ||
| 8/9/2025 | Price change | $155,000-3.1%$69/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6702594 Report a problem | ||
| 6/4/2025 | Price change | $160,000-3%$71/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6702594 Report a problem | ||
| 4/29/2025 | Listed for sale | $165,000-6.8%$74/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6702594 Report a problem | ||
| 8/22/2024 | Listing removed | $177,000$79/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6562254 Report a problem | ||
| 7/24/2024 | Price change | $177,000-2.7%$79/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6562254 Report a problem | ||
| 7/10/2024 | Listed for sale | $182,000+43.7%$81/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6562254 Report a problem | ||
| 5/21/2021 | Sold | $126,610+0.5%$56/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5683989 Report a problem | ||
| 3/26/2021 | Pending sale | $126,000$56/sqft |
Source:  Edina Realty #5683989 Report a problem | ||
| 2/3/2021 | Price change | $126,000-1.6%$56/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5683989 Report a problem | ||
| 11/10/2020 | Listed for sale | $128,000+32.6%$57/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5683989 Report a problem | ||
| 3/25/2009 | Sold | $96,500$43/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1121557 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,022 -9.5% | $142,200 +8.5% |
| 2024 | $2,234 +12% | $131,100 -0.5% |
| 2023 | $1,994 +25.6% | $131,700 +20.2% |
| 2022 | $1,588 -1.2% | $109,600 +23.8% |
| 2021 | $1,608 +1% | $88,500 -1.3% |
| 2020 | $1,592 | $89,700 -0.1% |
| 2019 | -- | $89,800 -5.4% |
| 2018 | -- | $94,900 |
| 2017 | -- | $94,900 |
| 2016 | -- | -- |
| 2015 | -- | -- |
| 2014 | -- | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 56175
Nearby schools
GreatSchools rating
- 6/10Tracy Elementary SchoolGrades: PK-6Distance: 1.2 mi
- 6/10Tracy SecondaryGrades: 7-12Distance: 1.3 mi
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- Minnesota
- Lyon County
- Tracy
- 56175
- 507 Summit Ave
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