2 months on rocket

Sale Pending

502 Lake Dr Unit 205, Detroit Lakes, MN, 56501

$474,000

Home List Price

$5,629*

Closing Credit

2 Bedrooms
1 Full Bath
1,683 SqFt
$282/SqFt
Condo
Schools Nearby

Location

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502 Lake Dr Unit 205, Detroit Lakes$474,000

Buyer Closing Credits

$5,629*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached Garage
Attached Garage2 spaces
Year Built2003
HeatingForced Air
CoolingCentral Air
BasementYes
WaterfrontLake
FireplaceLiving Room
MLS #6496063
StatusSale Pending
(Active)

About 502 Lake Dr Unit 205

WEST LAKE DRIVE CONDO with DETROIT LAKE VIEW- This impressive and stylish Detroit Lakes 2 bedroom/ 2 bathroom incredibly maintained condo with attached 2 stall garage. This phenomenal condo features a primary suite w/ walk in closet and 3/4 bathroom. The 2nd bedroom is situated to have a large walk-in closet and entry to the full bathroom. Relax in the unbelievable sunroom gazing at the lake without the maintenance of the lake, this view is sure to make you want to stay! Features to excite you are- the open floor plan, appealing kitchen island, high ceilings, gas fireplace, natural gas forced air heat & central air conditioning. Bonus items to love- Your own laundry room and utility room with storage, the large community room with kitchen down the hallway, strolling down the beach/restaurants/parks, and relaxing in a lawn chair with your toes in the water with no work needed! (Condo unit/garage are owned, shared commons areas/lot in complex.)

Property Details

Property Features

Property Information:

  • Year Built: 2003
  • Living Area: 1,683 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Professionals

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener
  • Basement: Yes
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Lake

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Detroit Lakes Senior High School, Public District Grades 9-12
  • Detroit Lakes Middle School, Public District Grades 5-8
  • Rossman Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Detroit Lakes, head South on Washington Ave then turn West onto Willow St W, turn South onto Rossman Ave, and turn East onto People's St. Destination is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $474,000
  • Price Per SqFt: $282/SqFt

HOA Fees:

  • Amount: $1200
  • Frequency: Quarterly
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Housing Market Comparison

See how this home compares to others in Detroit Lakes, MN.

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Detroit Lakes, MN

City

Med. Sold Price

$340K

Med. Price/SqFt

$183

Avg. Days On Market

26

# of Sold Homes

21

502 Lake Dr Unit 205 vs Detroit Lakes

76 DAYS ON ROCKET

+50 Days

$474,000

+$134K More

$282/SqFt

+$98 More

KEY TAKEAWAY

This property is $134K more than the Median Sold Price and $98/SqFt more than other homes in Detroit Lakes, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6496063

Listing Office:

  • Office Name: Keller Williams Realty Professionals

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Last updated on: 5/17/2024, 10:22:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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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-2633135
6
/10

  • Rossman Elementary School

  • 1221 Rossman Ave

  • 0.29 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2633136
5
/10

  • Detroit Lakes Middle School

  • 510 11th Ave

  • 1.38 miles

  • Public District Grades 5-8

High School

school-card-donut-2633137
6
/10

  • Detroit Lakes Senior High School

  • 1301 Roosevelt Ave

  • 0.68 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 $44,853. The most common annual income of people living in Detroit Lakes, MN is less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 502 Lake Dr Unit 205

What is the listing price of this property?

The listing price of 502 Lake Dr Unit 205 property is $474,000.

What type of property is this?

The property 502 Lake Dr Unit 205 is a condo located in Detroit Lakes, Minnesota, 56501.

Is this property for sale now?

Sale Pending: 502 Lake Dr Unit 205 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 502 Lake Dr Unit 205 are:
Rossman Elementary School: GreatSchools Rating 6/10
Detroit Lakes Middle School: GreatSchools Rating 5/10
Detroit Lakes Senior High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 502 Lake Dr Unit 205 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 502 Lake Dr Unit 205 is 1,683 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 502 Lake Dr Unit 205 is 2003.

Rocket Homes›Minnesota›Becker County›Detroit Lakes›56501›502 Lake Dr Unit 205

This home is located at 502 Lake Dr Unit 205 in Detroit Lakes, MN and zip code 56501. This 1,683 square foot home was built in 2003. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 01, 2024 and is currently priced at $474,000.

Detroit Lakes, MN housing market in April 2024 saw over 3 listings sold above listed price, more than 4 sold at listed price and over 14 sold below. The inventory of homes for sale in Detroit Lakes, MN between March 2024 and April 2024 increased by 16.1%. The median list price of listings available in April 2024 was $340,000, while the average time on the real estate market was 26 days.

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

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