1 month on rocket

423 Litchfield Ave SE, Willmar, MN, 56201

$169,999

Home List Price

$2,019*

Closing Credit

0 Baths
1,907 SqFt
$89/SqFt
Multi
Schools Nearby

Location

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423 Litchfield Ave SE, Willmar$169,999

Buyer Closing Credits

$2,019*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingNone
Year Built1922
HeatingSteam
BasementYes
MLS #6495964
StatusActive

About 423 Litchfield Ave SE

This duplex is situated on the southeast side of Willmar and offers a unique combination of residential and investment potential. The property consists of two units: A spacious 3-bedroom residence on the upper level and a convenient studio Airbnb on the lower level. Additionally, the property is located in an opportunity zone, which can offer potential tax benefits and incentives for investors. Opportunity Zones are designated areas that aim to stimulate economic development and job creation. Investors in these zones may be eligible for certain tax advantages, contributing to the overall attractiveness of the property for those looking to make a real estate investment.

Property Details

Property Features

Property Information:

  • Year Built: 1922
  • Living Area: 1,907 SqFt

Listing Office:

  • Office Name: Weichert REALTORS Tower Properties

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Steam

School Info

Assigned Schools Information:

  • Willmar Senior High School, Public District Grades 9-12
  • Willmar Middle School, Public District Grades 6-8
  • Kennedy Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Hwy 23 head west on Hwy 12 and the duplex will be on your right at the sign.

Price Information

Listing Price Info

Price Summary:

  • List Price: $169,999
  • Price Per SqFt: $89/SqFt

Tax Information:

  • Annual Amount: $1,004
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Willmar, MN.

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Willmar, MN

City

Med. Sold Price

$231.5K

Med. Price/SqFt

$123

Avg. Days On Market

51

# of Sold Homes

12

423 Litchfield Ave SE vs Willmar

59 DAYS ON ROCKET

+8 Days

$169,999

-$61.5K Less

$89/SqFt

-$34 Less

KEY TAKEAWAY

This property is $61.5K less than the Median Sold Price and $34/SqFt less than other homes in Willmar, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6495964

Listing Office:

  • Office Name: Weichert REALTORS Tower Properties

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 12:52:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,004$60,000
2020$1,938$56,700
2019$1,714$56,300
2018$1,570$52,800
2017$796$53,600

History based on county public records data.

Payment Calculator

$916

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$576

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1820103
6
/10

  • Kennedy Elementary School

  • 824 7th St SW

  • 0.79 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1820104
5
/10

  • Willmar Middle School

  • 209 Willmar Ave SE

  • 0.84 miles

  • Public District Grades 6-8

High School

school-card-donut-1820105
3
/10

  • Willmar Senior High School

  • 2701 30th St NE

  • 2.73 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,649. Most Willmar, MN residents have annual incomes less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Kandiyohi County›Willmar›56201›423 Litchfield Ave SE

This home is located at 423 Litchfield Ave SE in Willmar, MN and zip code 56201. This 1,907 square foot home was built in 1922. It has been listed on Rocket Homes since February 28, 2024 and is currently priced at $169,999.

While more than 3 listings in Willmar, MN in March 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 6 were sold below. The inventory of homes for sale in Willmar, MN between February 2024 and March 2024 increased by 21.4%. In March 2024, listings were on the market for 51 days. During the same period, the median list price in this real estate market was $231,500.

From Rocket Homes Real Estate and based on county public records data.

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