316 3rd Ave SE, Melrose, MN 56352
OFF MARKET

$143,400

Trulia Estimate
  • 4 Beds
  • 1 Bath
  • 572 sqft (on 0.48 acres)

316 3rd Ave SE, Melrose, MN 56352

Est. Refi. Payment $935/mo*
Refinance Your Home
Currently Off Market - Sold May 5, 2004 for $89,900

Home Value

Trulia Estimate
$143K
Since last month
Decreased$8K (-5.2%)
Since last year
Decreased$7K (-4.5%)
Since last sale
Increased$54K (+59.7%)
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 +57% in the last 10 years
MonthEstimated value
2026
August 2026$144K
August 2026$143K
July 2026$151K
June 2026$160K
May 2026$160K
April 2026$153K
March 2026$160K
February 2026$153K
January 2026$152K
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
307 2nd St SE, Melrose, MN
0.13
Single-Family Home
$62,000
02/24/26
5
2
676
15 1st St SE, Melrose, MN
0.28
Single-Family Home
$165,000
09/16/25
4
1.5
1,450
10 Kraft Dr SW, Melrose, MN
0.26
Single-Family Home
$289,900
07/31/26
4
2
1,830
4 Riverside Ave NE, Melrose, MN
0.37
Single-Family Home
$155,000
04/06/26
3
1
1,912
113 4th St SW, Melrose, MN
0.32
Single-Family Home
$112,250
02/24/26
3
1
1,659
523 5th Ave SE, Melrose, MN
0.23
Single-Family Home
$335,000
11/28/25
4
1
2,246
6 6th Ave SE, Melrose, MN
0.33
Single-Family Home
$224,000
05/01/26
6
2
3,190
410 2nd St NW, Melrose, MN
0.67
Single-Family Home
$244,400
07/30/26
4
1
1,687
225 Main St W, Melrose, MN
0.51
Single-Family Home
$170,000
06/30/26
3
2
1,455
911 1st St SE, Melrose, MN
0.50
Single-Family Home
$236,000
10/27/25
3
2
2,420

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
303 4th Ave SE, Melrose, MN 56352
0.05
$128,200
4
2
1,628
Off Market
404 3rd St SE, Melrose, MN 56352
0.07
$188,600
3
1
1,352
Off Market
3rd St SE, Melrose, MN 56352
0.09
$34,900
-
-
-
For Sale
309 5th Ave SE, Melrose, MN 56352
0.11
$249,000
5
3.5
3,127
For Sale
302 E 2nd St S, Melrose, MN 56352
0.10
$183,800
3
2
1,474
Off Market
403 5th Ave SE, Melrose, MN 56352
0.12
$279,900
3
2
1,868
For Sale
402 2nd St SE, Melrose, MN 56352
0.12
$279,900
9
3
5,686
For Sale
Kraft Dr SE, Melrose, MN 56352
0.14
$335,000
-
-
-
For Sale
111 3rd St SE, Melrose, MN 56352
0.14
$236,400
3
1
2,065
Off Market
211 2nd St SW, Melrose, MN 56352
0.14
$39,900
-
-
-
For Sale
101 3rd Ave SE, Melrose, MN 56352
0.15
-
1
1
1,320
Off Market
120 1st St SE, Melrose, MN 56352
0.20
$313,500
4
3
2,772
Off Market

Local Information

  • Map ViewExplore the area around 316 3rd Ave SE.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1904
0.48 acre lot
572 sqft
$251/sqft
Garage

About this House

This single-family home is located at 316 3rd Ave SE, Melrose, MN. 316 3rd Ave SE is in Melrose, MN and in ZIP code 56352. This property has 4 bedrooms, 1 bathroom and approximately 572 sqft of floor space. This property has a lot size of 0.48 acres and was built in 1904.
316 3rd Ave SE, Melrose, MN 56352 is a 4 bedroom, 1 bathroom, 572 sqft single-family home built in 1904. It last sold for $89,900 on May 5, 2004. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $143,400, with a rent estimate of $1,256/month.

Home Details for 316 3rd Ave SE

Interior Features

Interior Details
BasementAtticNumber of Rooms: 7
Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1.75Floors: Other

Exterior Features

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

Property Information

Year Built
Year Built: 1904
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.48 acres

Price and Tax history

DateEventPrice
May 5, 2004
Source: N/A
Sold
$89,900

Market trends in Melrose

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
6

Around this home

View nearby schools on GreatSchools
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"
    1
    Flag
  • 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."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 316 3rd Ave SE

  • What is 316 3rd Ave SE estimated to be worth?
    Trulia's estimated value for 316 3rd Ave SE in Melrose, MN is $143,400.
  • What is the price history for 316 3rd Ave SE?
    316 3rd Ave SE in Melrose, MN last sold for $89,900 in May 2004.
  • 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 316 3rd Ave SE?
    The closest schools to 316 3rd Ave SE in Melrose, MN are Melrose Elementary School (Pre-K, rated 7/10), Melrose Middle School (rated 5/10), Melrose Secondary (High, rated 8/10).
  • Does 316 3rd Ave SE have air conditioning?
    Yes, 316 3rd Ave SE in Melrose, MN has air conditioning.
  • How big is the lot at 316 3rd Ave SE?
    The lot at 316 3rd Ave SE in Melrose, MN is about 0.48 acres (21,000 sq ft).

Apartments for Rent

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Off Market Homes Near 316 3rd Ave SE

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