Affordable and full of potential! This charming 3-bedroom home offers several important updates already completed, including newer flooring, an updated bathroom with stylish tile detail, and newer furnace and central A/C for added comfort and peace of mind. A single detached garage provides convenient storage and parking, while the attractive $89,000 price point makes this an excellent opportunity for first-time buyers, investors, or anyone looking for an affordable place to call home.
Active
$89,000
702 3rd Ave, Mountain Lake, MN 56159
3beds
1,014sqft
Single Family
Built in 1912
4,791 Square Feet Lot
$-- Zestimate®
$88/sqft
$-- HOA
What's special
Newer flooring
- 48 days |
- 223 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Betsy Herding 507-227-6064,
River's Edge Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7081384
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bathroom
- Description: Main Floor Full Bath
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Partial
- Has fireplace: No
Interior area
- Total structure area: 1,290
- Total interior livable area: 1,014 sqft
- Finished area above ground: 1,014
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached Garage
- Garage spaces: 1
- Details: Garage Dimensions (14x20), Garage Door Height (8)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,791 Square Feet
- Dimensions: 50 x 88
Details
- Foundation area: 676
- Parcel number: 225200770
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Condition
- New construction: No
- Year built: 1912
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Mt Lake-Orig Twnst
HOA
- Has HOA: No
Location
- Region: Mountain Lake
Financial & listing details
- Price per square foot: $88/sqft
- Tax assessed value: $64,500
- Annual tax amount: $1,112
- Date on market: 5/29/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Listed for sale | $89,000+535.7%$88/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7081384 Report a problem | ||
| 10/6/2014 | Sold | $14,000-17.6%$14/sqft |
Source: Agent Provided Report a problem | ||
| 9/10/2014 | Pending sale | $17,000$17/sqft |
Source: Mark Hanson Real Estate - Mt. Lake Report a problem | ||
| 8/23/2014 | Listed for sale | $17,000+33.9%$17/sqft |
Source: Mark Hanson Real Estate - Mt. Lake Report a problem | ||
| 9/17/2011 | Sold | $12,700$13/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,112 +33.3% | $64,500 -2% |
| 2024 | $834 -5.9% | $65,800 +28.5% |
| 2023 | $886 +10.5% | $51,200 +6.9% |
| 2022 | $802 +3.6% | $47,900 +19.2% |
| 2021 | $774 | $40,200 |
| 2020 | $774 +8.7% | $40,200 +15.5% |
| 2019 | $712 +1.1% | $34,800 +219.3% |
| 2018 | $704 | $10,900 -7.6% |
| 2017 | $704 +6.3% | $11,800 -8.5% |
| 2016 | $662 +24% | $12,900 |
| 2015 | $534 | -- |
| 2014 | -- | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 56159
Nearby schools
GreatSchools rating
- 4/10Mountain Lake Elementary SchoolGrades: PK-6Distance: 0.5 mi
- 7/10Mountain Lake SecondaryGrades: 7-12Distance: 0.5 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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