Diamond in the Rough with Great Potential! This spacious 3-bedroom, 2-bath home offers plenty of room to make it your own. Features include a full walk-out basement with a recreation room, bar/kitchen area, and built-in wood-burning rock fireplace—perfect for entertaining or relaxing. Enjoy the convenience of a 2-car attached garage and a large deck located over the garage, providing an ideal outdoor space. Situated on a nearly 1/2-acre city lot with city sewer and water, this property offers a desirable combination of space and convenience. Its location puts shopping, dining, and area businesses just minutes away. The home is in need of TLC but presents an excellent opportunity for an investor, renovator, or buyer looking to build equity. Priced more than $100,000 below assessed value—bring your vision and unlock the potential!
Active
$200,000
601 SW 1st Ave, Grand Rapids, MN 55744
3beds
2,470sqft
Single Family
Built in 1969
0.48 Acres Lot
$203,300 Zestimate®
$81/sqft
$-- HOA
What's special
Built-in wood-burning rock fireplace
- 11 days
- 2,512
- 174
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jordan T. Osse 218-256-1364,
CENTURY 21 LAND OF LAKES
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7132353
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Baseboard, Boiler
Cooling
- Ductless Mini-Split
Features
- Basement: Block,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,800
- Total interior livable area: 2,470 sqft
- Finished area above ground: 1,480
- Finished area below ground: 990
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
- Details: Garage Dimensions (24x24)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
Lot
- Size: 0.48 Acres
- Dimensions: 140 x 150
Details
- Foundation area: 1320
- Parcel number: 914803710
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Frame
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 1969
Utilities & green energy
- Electric: Power Company: Grand Rapids Public Utilities
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Central Div Of Grand Rapids
HOA
- Has HOA: No
Location
- Region: Grand Rapids
Financial & listing details
- Price per square foot: $81/sqft
- Tax assessed value: $339,000
- Annual tax amount: $4,370
- Date on market: 8/24/2026
- Cumulative days on market: 121 days
Estimated market value
$203,300
$193,000 - $213,000
$2,269/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Listed for sale | $200,000+2.6%$81/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7132353 Report a problem | ||
| 9/22/2025 | Listing removed | $195,000$79/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6733219 Report a problem | ||
| 9/19/2025 | Price change | $195,000-15.2%$79/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6733219 Report a problem | ||
| 7/25/2025 | Price change | $230,000-8%$93/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6733219 Report a problem | ||
| 7/10/2025 | Price change | $250,000-16.7%$101/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6733219 Report a problem | ||
| 6/4/2025 | Listed for sale | $300,000+89.9%$121/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6733219 Report a problem | ||
| 5/1/2013 | Sold | $158,000-4.2%$64/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5306892 Report a problem | ||
| 4/6/2013 | Pending sale | $165,000$67/sqft |
Source: MN DIRECT PROPERTIES #9921628 Report a problem | ||
| 1/11/2013 | Price change | $165,000-5.7%$67/sqft |
Source: MN DIRECT PROPERTIES #9921628 Report a problem | ||
| 11/14/2012 | Price change | $174,900-2.8%$71/sqft |
Source: MN DIRECT PROPERTIES #9921628 Report a problem | ||
| 8/31/2012 | Listed for sale | $179,900$73/sqft |
Source: MN DIRECT PROPERTIES #9921628 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,597 -11% | $322,960 +14.5% |
| 2024 | $4,041 +6.3% | $281,976 -3.2% |
| 2023 | $3,801 +10% | $291,286 |
| 2022 | $3,457 +4.7% | -- |
| 2021 | $3,303 +6.5% | -- |
| 2020 | $3,101 +8.6% | -- |
| 2019 | $2,855 +29.6% | -- |
| 2018 | $2,203 -37.7% | -- |
| 2017 | $3,536 +59.7% | -- |
| 2016 | $2,214 | -- |
| 2015 | $2,214 +6.8% | -- |
| 2014 | $2,074 | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 55744
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