116 3rd St SW, Melrose, MN 56352
OFF MARKET

$108,700

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 720 sqft

116 3rd St SW, Melrose, MN 56352

Est. Refi. Payment $753/mo*
Refinance Your Home
Currently Off Market - Sold Apr 20, 1999 for $35,000

Home Value

Trulia Estimate
$109K
Since last month
Decreased$300 (-0.3%)
Since last year
Increased$7K (+6.7%)
Since last sale
Increased$74K (+210.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +70% in the last 10 years
MonthEstimated value
2026
September 2026$109K
August 2026$109K
July 2026$112K
June 2026$108K
May 2026$109K
April 2026$104K
March 2026$104K
February 2026$99K
January 2026$96K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.35
Single-Family Home
$62,000
02/24/26
5
2
676
0.32
Single-Family Home
$155,000
04/06/26
3
1
1,912
0.03
Single-Family Home
$112,250
02/24/26
3
1
1,659
0.04
Single-Family Home
$235,000
11/21/25
4
2
2,310
0.27
Single-Family Home
$170,000
06/30/26
3
2
1,455
0.47
Single-Family Home
$309,000
02/27/26
2
2
1,525
0.13
Single-Family Home
$289,900
07/31/26
4
2
1,830
0.42
Single-Family Home
$244,400
07/30/26
4
1
1,687
0.22
Single-Family Home
$285,000
10/10/25
2
2
2,322
0.42
Single-Family Home
$228,148
09/26/25
4
2
2,174

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.07
$216,700
3
1.5
1,337
Off Market
0.05
$168,000
3
1.5
1,272
For Sale
0.02
$176,400
3
1
1,003
Off Market
0.04
$241,000
4
2
2,310
Off Market
0.03
$112,250
3
1
1,659
Recently Sold
0.14
$152,100
2
1
878
Off Market
0.14
$225,600
4
1.5
1,586
Off Market
0.15
$266,600
4
2
2,960
Off Market
0.17
$222,600
3
2
1,589
Off Market
0.14
$208,900
4
2
1,736
Off Market
0.11
$304,100
4
2
1,908
Off Market
0.19
$223,900
2
1
1,325
Off Market

Local Information

  • Map ViewExplore the area around 116 3rd St SW.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1947
720 sqft
$151/sqft
Garage

About this House

This single-family home is located at 116 3rd St SW, Melrose, MN. 116 3rd St SW is in Melrose, MN and in ZIP code 56352. This property has 2 bedrooms, 1 bathroom and approximately 720 sqft of floor space. This property has a lot size of 7000 sqft and was built in 1947.
116 3rd St SW, Melrose, MN 56352 is a 2 bedroom, 1 bathroom, 720 sqft single-family home built in 1947. It last sold for $35,000 on Apr 20, 1999. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $108,700, with a rent estimate of $1,268/month.

Home Details for 116 3rd St SW

Interior Features

Interior Details
BasementAtticNumber of Rooms: 6
Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: OtherFoundation Type: Other
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1947
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Lot Information

Lot Area: 7000 sqft

Price and Tax history

DateEventPrice
Apr 20, 1999
Source: N/A
Sold
$35,000

Market trends in Melrose

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
7
1
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Melrose

At least 1 Trulia users voted on each feature.
  • 100 % Say people would walk alone at night

  • 100 % Say kids play outside

  • 100 % Say they plan to stay for at least 5 years

  • 100 % Say parking is easy

  • 100 % Say there's wildlife

  • 80 % Say neighbors are friendly

  • 75 % Say yards are well-kept

  • 75 % Say there's holiday spirit

  • 67 % Say it's walkable to restaurants

  • 67 % Say car is needed

  • 50 % Say it's dog friendly

  • 50 % Say it's walkable to grocery stores

  • 33 % Say there are sidewalks

  • 33 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Paloma V.
    "Friendly neighborhood. Easy walking access for groceries and more. Good for outdoor activities and more"
  • Little Y
    "I have lived here for about 10 years and I don't feel safe. trucks zoom up and down the street neighbors come and go constantly all hours of the day and night. cops never seem time I anything about the traffic or the speed of vehicles zooming up and down the street."

LGBTQ Local Legal Protections

Frequently asked questions about 116 3rd St SW

  • What is 116 3rd St SW estimated to be worth?
    Trulia's estimated value for 116 3rd St SW in Melrose, MN is $108,700.
  • What is the price history for 116 3rd St SW?
    116 3rd St SW in Melrose, MN last sold for $35,000 in April 1999.
  • Is Melrose a buyer's or seller's market?
    Melrose is currently a seller's market, based on recent for-sale activity.
  • What are the closest schools to 116 3rd St SW?
    The closest schools to 116 3rd St SW in Melrose, MN are Melrose Elementary School (Pre-K, rated 7/10), Melrose Middle School (rated 5/10), Melrose Secondary (High, rated 8/10).
  • How big is the lot at 116 3rd St SW?
    The lot at 116 3rd St SW in Melrose, MN is about 0.16 acres (7,000 sq ft).
  • Does 116 3rd St SW have a garage?
    Yes, 116 3rd St SW in Melrose, MN has a garage.

Apartments for Rent

Off Market Homes Near 116 3rd St SW

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Homes for sale near 116 3rd St SW

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