701 N  5th Ave  E, Melrose, MN 56352
OFF MARKET

$316,300

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 2,142 sqft (on 0.49 acres)

701 N 5th Ave E, Melrose, MN 56352

Est. Refi. Payment $1,967/mo*
Refinance Your Home
Currently Off Market - Sold Apr 12, 2019 for $214,000

Home Value

Trulia Estimate
$316K
Since last month
Increased$5K (+1.7%)
Since last year
Decreased$8K (-2.3%)
Since last sale
Increased$102K (+47.8%)
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 +73% in the last 10 years
MonthEstimated value
2026
August 2026$316K
August 2026$316K
July 2026$311K
June 2026$340K
May 2026$341K
April 2026$336K
March 2026$327K
February 2026$324K
January 2026$316K
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
0.57
Single-Family Home
$259,900
04/17/26
3
2
2,232
0.39
Single-Family Home
$372,000
07/01/26
4
2
2,706
0.82
Single-Family Home
$170,000
04/02/26
3
2
2,016
0.61
Single-Family Home
$315,000
07/01/26
4
2
2,464
0.60
Single-Family Home
$282,400
05/22/26
4
2
3,522
1.01
Single-Family Home
$236,000
10/27/25
3
2
2,420
0.21
Single-Family Home
$114,638
06/17/26
3
2
1,216
0.36
Single-Family Home
$400,000
07/01/26
5
4
3,704
0.61
Single-Family Home
$399,900
07/30/26
5
3
3,076
0.93
Single-Family Home
$224,000
05/01/26
6
2
3,190

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
0.09
$282,000
4
2
2,189
Off Market
0.19
$532,500
4
3.5
3,771
Off Market
0.21
$114,638
3
2
1,216
Recently Sold
0.21
-
-
-
-
Off Market
0.21
$49,550
-
-
-
Recently Sold
0.21
$53,350
-
-
-
Recently Sold
0.26
$462,900
5
3.5
3,594
Off Market
0.28
$489,900
3
2
1,705
For Sale
0.36
$437,300
3
3.5
1,699
Off Market
0.36
$400,000
5
4
3,704
Recently Sold
0.37
$351,200
4
3.5
3,434
Off Market
0.39
$372,000
4
2
2,706
Recently Sold

Local Information

  • Map ViewExplore the area around 701 N 5th Ave E.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2001
0.49 acre lot
2,142 sqft
$148/sqft
Garage

About this House

This single-family home is located at 701 N 5th Ave E, Melrose, MN. 701 N 5th Ave E is in Melrose, MN and in ZIP code 56352. This property has 3 bedrooms, 2 bathrooms and approximately 2,142 sqft of floor space. This property has a lot size of 0.49 acres and was built in 2001.
701 N 5th Ave E, Melrose, MN 56352 is a 3 bedroom, 2 bathroom, 2,142 sqft single-family home built in 2001. It last sold for $214,000 on Apr 12, 2019. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $316,300, with a rent estimate of $2,185/month.

Home Details for 701 N 5th Ave E

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Interior Details
Types of Rooms: Walk In Closet, Dining Room
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Metal
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 2001
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.49 acres

Price and Tax history

DateEventPrice
Apr 12, 2019
Source: NorthstarMLS as distributed by MLS GRID #5003069
Sold
$214,000
Feb 1, 2019
Source: Agent Provided
Pending
$224,900
Feb 1, 2019
Source: Agent Provided
Listed For Sale
$224,900
Nov 14, 2018
Source: Agent Provided
ListingRemoved
$224,900
Sep 12, 2018
Source: Agent Provided
Listed For Sale
$224,900

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

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 701 N 5th Ave E

  • What is 701 N 5th Ave E estimated to be worth?
    Trulia's estimated value for 701 N 5th Ave E in Melrose, MN is $316,300.
  • What is the price history for 701 N 5th Ave E?
    701 N 5th Ave E in Melrose, MN last sold for $214,000 in April 2019.
  • 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 701 N 5th Ave E?
    The closest schools to 701 N 5th Ave E 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 701 N 5th Ave E have laundry facilities?
    Yes, 701 N 5th Ave E in Melrose, MN has in-unit laundry.
  • How big is the lot at 701 N 5th Ave E?
    The lot at 701 N 5th Ave E in Melrose, MN is about 0.49 acres (21,344 sq ft).

Apartments for Rent

Off Market Homes Near 701 N 5th Ave E

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Homes for sale near 701 N 5th Ave E

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