$172,500

204 1st St Welcome, MN 56181

Estimated payment $1,122/month

Total Views 8,064
2 Beds
2.5 Baths
1,381 Sq Ft
$125 Price per Sq Ft

Highlights

  • Corner Lot
  • Den
  • 2 Car Attached Garage
  • No HOA
  • The kitchen features windows
  • Patio

About This Home

This well-maintained home offers incredible flexibility and character throughout. Featuring 2 large bedrooms with the potential for up to 4, this home is perfect for buyers needing space to grow. A generous den just off the living room can easily function as a third bedroom, and the finished basement includes a 3/4 bath and space ready for a fourth bedroom with the addition of an egress window. You’ll love the thoughtful layout, including main floor laundry for convenience, beautiful natural woodwork, and built-ins that add warmth and charm. The bright and open living areas are perfect for everyday living and entertaining. Step outside to find a large corner lot ideal for outdoor enjoyment, and a two-stall oversized garage with tall rafters, plus a dedicated workshop space—a dream for hobbyists or extra storage. Other updates include new carpet in recent years, and a brand-new roof and gutters installed in 2024, offering peace of mind for years to come. Don’t miss out on this fantastic opportunity to own a move-in ready home with room to personalize and expand! Some photos are virtually staged.

Listing Agent

Reanne Meyer

EXIT Realty - Great Plains Mankato Listed on: 04/15/2025

EXIT Realty - Great Plains Mankato

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,180

Year Built

  • Built in 1955

Lot Details

  • 9,060 Sq Ft Lot
  • Lot Dimensions are 139x64
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Flex

Interior Spaces

  • 1,381 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Dryer

Kitchen

  • Range
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Out Lt Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 425800430

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,180

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water - In Street
  • Year Built: 1955
  • Above Grade Finished Sq Ft: 1381
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 50x29
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Full, Partially Finished, Sump Pump
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Range, Refrigerator, Water Softener Owned
  • Living Area: 1381
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Other Room, Bedroom 1, Bedroom 2, Kitchen, Bathroom, Laundry, Den, Garage, Family Room, Flex Room, Workshop

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Attached Garage, Concrete
  • Garage Square Feet: 682

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Washer/Dryer Hookup

Schools

  • Junior High Dist: Martin County West
  • SchoolDistrictNumber: 2448
  • SchoolDistrictPhone: 507-728-8276

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 139x64
  • Lot Size Sq Ft: 9060.48
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 425800430
  • Tax Annual Amount: 2180
  • TaxWithAssessments: 2180.0000

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,262 $162,500 $10,400 $152,100
2024 $2,180 $195,300 $7,200 $188,100
2023 $1,926 $152,000 $3,900 $148,100
2022 $1,632 $131,700 $3,900 $127,800
2021 $1,620 $107,000 $3,900 $103,100
2020 $1,296 $107,000 $3,900 $103,100
2019 $1,238 $89,500 $3,900 $85,600
2018 $1,038 $76,200 $3,900 $72,300
2017 $1,098 $45,800 $2,344 $43,456
2016 $1,032 $45,800 $2,344 $43,456
2015 $987 $48,200 $2,398 $45,802
2013 $1,273 $59,000 $2,606 $56,394
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 Price Changed $172,500 -4.2% $125 / Sq Ft
06/12/2025 06/12/25 Price Changed $180,000 -2.7% $130 / Sq Ft
05/30/2025 05/30/25 Price Changed $185,000 -2.6% $134 / Sq Ft
04/15/2025 04/15/25 For Sale $190,000 -- $138 / Sq Ft
Source: NorthstarMLS

Similar Homes in Welcome, MN

  • 204 204 1 St St, Welcome, MN 56181

    $172,500

    • 2 Beds
    • 2.5 Baths
    • 1,381 Sq Ft
    • 204 204 1 St St
    • Welcome, MN

    This well-maintained home offers incredible flexibility and character throughout. Featuring 2 large bedrooms with the potential for up to 4, this home is perfect for buyers needing space to grow. A generous den just off the living room can easily function as a third bedroom, and the finished basement includes a 3/4 bath and space ready for a fourth bedroom with the addition of an egress window.

    Reanne Meyer EXIT REALTY- Great Plains

    Section Image
  • 887 State Highway 263, Welcome, MN 56181

    $175,000

    • 3 Beds
    • 2.5 Baths
    • 2,098 Sq Ft
    • 887 State Highway 263
    • Welcome, MN

    Located on a blacktop road, this inviting two-story home features 3 bedrooms and exquisite original woodwork throughout. Enjoy coffered ceilings, a spacious living area that flows into the kitchen and dining room, and a convenient main floor laundry with the 3/4 bath. Relax in the porch or take advantage of the detached 2-car garage and large quonset. With 3 acres to explore, this home offers

    Vonnie Cone RE/MAX TOTAL REALTY

    Section Image

Source: NorthstarMLS

MLS Number: 6702842

NorthstarMLS

APN: 425800430