17 days on rocket

985 Summit Ave, Saint Paul, MN, 55105

$1,495,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
3 Full Baths, 1 Partial
9,540 SqFt
$157/SqFt
House
Schools Nearby

Location

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985 Summit Ave, Saint Paul$1,495,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage2 spaces
Year Built1892
HeatingForced Air, Hot Water
CoolingCentral Air
BasementYes
MLS #6516294
StatusActive

About 985 Summit Ave

Welcome to one of Minnesota’s renowned “Painted Ladies”, a meticulously restored Victorian mansion exuding timeless elegance on Summit Avenue. Throughout, ornate woodwork adorns every corner, complementing high ceilings, splendid fireplaces, and spacious rooms that exude opulence. This estate boasts numerous porches, a ballroom, exercise room, and recording studio. Step into the elegantly appointed ballroom, showcasing meticulously crafted African mahogany and intricate Victorian-inspired carvings. With 7 bedrooms and 5 bathrooms, every detail is crafted to perfection. Extensive renovations include updated mechanicals, zoned central air, and a 50-year synthetic shake roof. Additionally, a carriage house with 2 bedrooms and baths, boasting exceptional rental history, enhances the property’s appeal. A 2-car garage adds convenience. Experience the epitome of grandeur and sophistication in this distinguished property.

Property Details

Property Features

Property Information:

  • Year Built: 1892
  • Living Area: 9,540 SqFt

Listing Office:

  • Office Name: Lakes Sotheby's International Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Forced Air, Hot Water
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Central High School, Public District Grades 9-12
  • Linwood Monroe Arts Plus - Upper, Public Magnet Grades 4-8
  • Ramsey Middle School, Public District Grades 6-8
  • J. J. Hill Montessori Magnet School, Public Magnet Grades PK-5
  • Maxfield Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Lexington to Summit east to home. or Dale to Summit west to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,495,000
  • Price Per SqFt: $157/SqFt

Tax Information:

  • Annual Amount: $25,444
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Saint Paul, MN.

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Saint Paul, MN

City

Med. Sold Price

$280.1K

Med. Price/SqFt

$197

Avg. Days On Market

39

# of Sold Homes

223

985 Summit Ave vs Saint Paul

17 DAYS ON ROCKET

-22 Days

$1,495,000

+$1.2M More

$157/SqFt

-$40 Less

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $40/SqFt less than other homes in Saint Paul, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6516294

Listing Office:

  • Office Name: Lakes Sotheby's International Realty

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Last updated on: 4/29/2024, 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

Listing History

Apr 03, 2006Home Sold
$1,292,000

Tax History

YEARPROP. TAXASSESSMENT
2021$25,444$1,420,000
2019$27,004$1,413,200
2018$27,686$1,432,900
2017$27,058$1,432,900

History based on county public records data.

Payment Calculator

$7,529

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,549

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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-2897563
4
/10

  • J. J. Hill Montessori Magnet School

  • 998 Selby Ave

  • 0.28 miles

  • Public Magnet Grades PK-5

school-card-donut-2897564
3
/10

  • Maxfield Elementary School

  • 380 Victoria St N

  • 0.80 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2897565
2
/10

  • Linwood Monroe Arts Plus - Upper

  • 810 Palace Ave

  • 0.99 miles

  • Public Magnet Grades 4-8

school-card-donut-2897566
2
/10

  • Ramsey Middle School

  • 1700 Summit Ave

  • 1.49 miles

  • Public District Grades 6-8

High School

school-card-donut-2897567
6
/10

  • Central High School

  • 275 Lexington Pkwy N

  • 0.61 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 $64,785. Typical income of Saint Paul, MN residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 985 Summit Ave

What is the listing price of this property?

The listing price of 985 Summit Ave property is $1,495,000.

What type of property is this?

The property 985 Summit Ave is a house located in Saint Paul, Minnesota, 55105.

Is this property for sale now?

Active Listing: 985 Summit Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 985 Summit Ave are:
J. J. Hill Montessori Magnet School: GreatSchools Rating 4/10
Maxfield Elementary School: GreatSchools Rating 3/10
Linwood Monroe Arts Plus - Upper: GreatSchools Rating 2/10
Ramsey Middle School: GreatSchools Rating 2/10
Central High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $25,444 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 3, 2006 for $1,292,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 985 Summit Ave has 7 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 985 Summit Ave is 9,540 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 985 Summit Ave is 1892.

Rocket Homes›Minnesota›Ramsey County›Saint Paul›55105›985 Summit Ave

This home is located at 985 Summit Ave in Saint Paul, MN and zip code 55105 in the Summit-University neighborhood. This 9,540 square foot home was built in 1892. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $1,495,000.

While more than 95 listings in Saint Paul, MN in March 2024 were sold above asking price, there were more than 45 listings sold at asking price, and more than 83 were sold below. The number of listings in Saint Paul, MN increased by 10.4% between February 2024 and March 2024. The median list price of listings available in March 2024 was $280,187, while the average time on the real estate market was 39 days.

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

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