510-516 Wright St, Monticello, MN 55362
SOLDAUG 14, 2023

510-516 Wright St
Monticello, MN 55362

  • 8 Beds
  • 4 Baths
  • 2,800 sqft (on 0.30 acres)
  • 8 Beds
  • 4 Baths
  • 2,800 sqft (on 0.30 acres)

$600,000

Last Sold: Aug 14, 2023
0% over list $600K
$214/sqft
Est. Refi. Payment $3,776/mo*

Homes for Sale Near 510-516 Wright St

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from August 15, 2023
****Multiple offers Highest and Best Due Wednesday 7/12/2023 at PM***5:00*For sale in Monticello, MN is a rare gem—a nicely designed 4-unit apartment building that's just hit the market for the first time in 25 years. Built in 1983, this property offers immense potential as a group home or a fair market rental. Each unit boasts seperate utilities (paid by tenant) 2 bedrooms, 1 bathroom, and a laundry area, providing comfortable living spaces for residents. Additionally, the convenience of an attached 1-car garage per unit adds tremendous value. With its prime location and desirable features, this property presents an excellent investment opportunity. Don't miss out on this chance to own a piece of Monticello's history.

Home Highlights

Parking
4 Car Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$214/sqft
Listed
180+ days ago

Home Details for 510-516 Wright St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Finished
Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 4
Dimensions and Layout
Living Area: 2800 Square FeetFoundation Area: 2448
Heating & Cooling
Heating: BaseboardHas HeatingHeating Fuel: Baseboard
Gas & Electric
Electric: 100 Amp ServiceGas: Electric
Levels, Entrance, & Accessibility
Number of Stories: 1Levels: OneAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: Pitched
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4No CarportHas a GarageHas an Attached GarageParking Spaces: 4Parking: Attached
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 1400 Square FeetFinished Area (below surface): 1400 Square Feet

Property Information

Year Built
Year Built: 1983
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex
Building
Construction Materials: Fiber BoardNot a New ConstructionNo Additional Parcels
Property Information
Condition: Age of Property: 40Parcel Number: 155041001030

Price & Status

Price
List Price: $599,999Price Per Sqft: $214/sqft
Status Change & Dates
Off Market Date: Thu Jul 13 2023

Location

Direction & Address
City: MonticelloCommunity: Holkers Hillside Add
School Information
High School District: Monticello

Building

Building Area
Building Area: 2800 Square Feet

Lot Information

Lot Area: 0.30 acres

Offer

Contingencies: None

Compensation

Buyer Agency Commission: 2.7Buyer Agency Commission Type: %Sub Agency Commission: 0Sub Agency Commission Type: %Transaction Broker Commission: 2.7Transaction Broker Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: Cable TV, Electricity

Rental

Owner Pays: Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water

Miscellaneous

BasementMls Number: 6397419

Additional Information

Mlg Can ViewMlg Can Use: IDX
Last check for updates: about 19 hours ago
Listed by Wade A Klick, (763) 227-8163
RE/MAX Results
Source: NorthStar MLS as distributed by MLS GRID, MLS#6397419

Price History for 510-516 Wright St

DatePriceEventSource
08/14/2023$600,000Sold
NorthStar MLS as distributed by MLS GRID #6397419
07/13/2023$599,999PendingNorthStar MLS as distributed by MLS GRID #6397419
07/06/2023$599,999Listed For SaleNorthStar MLS as distributed by MLS GRID #6397419

Comparable Sales for 510-516 Wright St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.29
Multi-Family Home
$594,500
06/09/23
4
4
2,880
0.13
Multi-Family Home
$425,900
08/25/23
4
4
3,044
0.58
Multi-Family Home
$235,000
08/11/23
5
2
1,856
1.50
Multi-Family Home
$269,000
12/22/23
3
3
2,069
1.27
Multi-Family Home
$230,000
11/03/23
3
2
1,638
1.49
Multi-Family Home
$250,000
07/07/23
4
2
1,600
2.44
Multi-Family Home
$325,000
11/10/23
4
2
1,920
6.98
Multi-Family Home
$298,000
08/04/23
4
2
1,868

Assigned Schools

These are the assigned schools for 510-516 Wright St.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

What Locals Say about Monticello

  • Clatvaaho
    "Monticello has many places to let your dog swim and play. Monticello also has many very nice walking trails. "
    1
    Flag
  • Brent N.
    "It's boring and very quiet, which is nice, neighbors are very nice. Nice describes the block. Not bad."
    1
    Flag
  • Andrea C.
    "I live in the area and would never move anywhere else again. The area is not only family friendly but all age friendly as well."
    2
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2024-02-12 13:39:47 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
By searching Northstar MLS listings you agree to the Northstar MLS End User License Agreement
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 510-516 Wright St

Off Market Homes Near 510-516 Wright St

510-516 Wright St, Monticello, MN 55362 is a 8 bedroom, 4 bathroom, 2,800 sqft multi-family built in 1983. This property is not currently available for sale. 510-516 Wright St was last sold on Aug 14, 2023 for $600,000 (0% higher than the asking price of $599,999). The current Trulia Estimate for 510-516 Wright St is $614,400.