38731 Thunder Rd, Melrose, MN 56352
OFF MARKET

$594,500

Trulia Estimate
  • 5 Beds
  • 3 Baths
  • 2,526 sqft (on 2.38 acres)

38731 Thunder Rd, Melrose, MN 56352

Est. Refi. Payment $3,633/mo*
Refinance Your Home

Home Value

Trulia Estimate
$595K
Since last month
Increased$300 (+0.1%)
Since last year
Decreased$52K (-7.9%)
Learn more about this home's value by checking out its Trulia Estimate and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +24% in the last 10 years
MonthEstimated value
2026
August 2026$596K
August 2026$595K
July 2026$596K
June 2026$616K
May 2026$619K
April 2026$614K
March 2026$612K
February 2026$608K
January 2026$610K
2025
2024
2023
2022

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
304 12th Ave SE, Melrose, MN
1.50
Single-Family Home
$445,000
07/31/26
4
2.5
3,366
548 11th Ave NE, Melrose, MN
1.59
Single-Family Home
$315,000
07/01/26
4
2
2,464
911 1st St SE, Melrose, MN
1.74
Single-Family Home
$236,000
10/27/25
3
2
2,420
6 6th Ave SE, Melrose, MN
1.94
Single-Family Home
$224,000
05/01/26
6
2
3,190
404 7th St NE, Melrose, MN
2.06
Single-Family Home
$372,000
07/01/26
4
2
2,706
523 5th Ave SE, Melrose, MN
2.27
Single-Family Home
$335,000
11/28/25
4
1
2,246
305 4th St NE, Melrose, MN
2.09
Single-Family Home
$282,400
05/22/26
4
2
3,522
220 8th St NE, Melrose, MN
2.15
Single-Family Home
$400,000
07/01/26
5
4
3,704
105 5th St NE, Melrose, MN
2.20
Single-Family Home
$259,900
04/17/26
3
2
2,232
721 3rd Ave NW, Melrose, MN
2.55
Single-Family Home
$399,900
07/30/26
5
3
3,076

Local Information

  • Map ViewExplore the area around 38731 Thunder Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2021
2.38 acre lot
2,526 sqft
$235/sqft

About this House

This single-family home is located at 38731 Thunder Rd, Melrose, MN. 38731 Thunder Rd is in Melrose, MN and in ZIP code 56352. This property has 5 bedrooms, 3 bathrooms and approximately 2,526 sqft of floor space. This property has a lot size of 2.38 acres and was built in 2021.
38731 Thunder Rd, Melrose, MN 56352 is a 5 bedroom, 3 bathroom, 2,526 sqft single-family home built in 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $594,500, with a rent estimate of $2,515/month.

Home Details for 38731 Thunder Rd

Interior Features

Interior Details
BasementAttic
Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood, Laminate

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: OtherFoundation Type: Other

Property Information

Year Built
Year Built: 2021
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Lot Information

Lot Area: 2.38 acres

Price and Tax history

YearProperty taxTax assessment
2025
$4,658
$594,900
Home facts updated by county records

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 38731 Thunder Rd

  • What is 38731 Thunder Rd estimated to be worth?
    Trulia's estimated value for 38731 Thunder Rd in Melrose, MN is $594,500.
  • What are the closest schools to 38731 Thunder Rd?
    The closest schools to 38731 Thunder Rd 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 38731 Thunder Rd have air conditioning?
    Yes, 38731 Thunder Rd in Melrose, MN has air conditioning.
  • How big is the lot at 38731 Thunder Rd?
    The lot at 38731 Thunder Rd in Melrose, MN is about 2.4 acres.

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