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520 SW 5th Ave, Grand Rapids, MN, 55744

7beds
2baths
3,792sqft
$359,900
$95price/sqft
$2,675/moest. monthly cost
$107,000/yrincome needed

About This Home

Are looking for a spacious home on over an acre in a Desirable SW Neighborhood, then this is the home for you! Welcome home to this impressive 7-bedroom, 2-bath property offering plenty of space for comfortable living in one of the area's most sought-after neighborhoods. Conveniently located near shopping, restaurants, and schools, this home combines size, location, and functionality. Inside, you'll find beautiful dining and living rooms upstairs, creating a warm and inviting space for gathering with family and friends. The recently remodeled bathrooms add modern style and convenience, while new windows throughout most of the home help enhance energy efficiency and natural light. This home is set on a 3 parcel property made up of 1.6 acers- now that's hard to find in town! Partially fenced backyard with plenty of room for entertaining, gardening, pets, or play. A spacious 2-stall garage provides additional storage and parking. With generous living space, thoughtful updates, and a prime location, this home offers endless possibilities for growing families, multi-generational living, or anyone looking for extra room to spread out. Don't miss your opportunity to make this spacious and well-maintained home your own!

Getting Around

27
WalkingCar-Dependent
0
TransitVery Limited Transit
54
BikeBikeable

Schools

7/10
West Rapids ElementaryGrades PK-21.3 mi
7/10

Construction

Condition

  • Year built: 1976

Materials

  • Roof: Age Over 8 Years,Asphalt

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Basement

  • Has basement: Yes
  • Basement: Block

Bathroom

  • Level: Main
  • Area: 70
  • Dimensions: 10X7

Bathroom

  • Level: Lower
  • Area: 42
  • Dimensions: 7X6

Bedroom

  • Level: Main
  • Area: 360
  • Dimensions: 24X15

Bedroom2

  • Level: Main
  • Area: 168
  • Dimensions: 14X12

Bedroom3

  • Level: Main
  • Area: 112
  • Dimensions: 14X8

Bedroom4

  • Level: Lower
  • Area: 360
  • Dimensions: 24X15

Bedroom5

  • Level: Lower
  • Area: 252
  • Dimensions: 18X14

Bedroom6

  • Level: Lower
  • Area: 221
  • Dimensions: 17x13

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Dining Room

  • Level: Main
  • Area: 294
  • Dimensions: 21X14

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 1,896
  • Finished area above ground: 1,896

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,792
  • Total interior livable area: 3,792 sqft

Kitchen

  • Level: Main
  • Area: 216.93
  • Dimensions: 21X10.33

Laundry

  • Level: Lower
  • Area: 169
  • Dimensions: 13X13

Living Room

  • Level: Main
  • Area: 348
  • Dimensions: 24X14.5

Living Room

  • Level: Lower
  • Area: 256.5
  • Dimensions: 19X13.5

Mud Room

  • Level: Lower
  • Area: 360
  • Dimensions: 24X15

Office

  • Level: Main
  • Area: 168
  • Dimensions: 14X12

Storage

  • Level: Lower
  • Area: 81
  • Dimensions: 13.5X6

Property

Accessibility

  • Accessibility features: Other

Details

  • Parcel number: 917251020
  • Zoning description: Residential-Single Family
  • Foundation area: 2296

Features

  • Levels: Two
  • Stories: 2
  • Fencing: Partial

Lot

  • Lot size: 1.60 Acres
  • Lot size dimensions: Irr

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Lightning
Strong Wind
Hail
Heat Wave
Winter Weather

FEMA Declared Disasters in Itasca County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,819$21,828
Home Insurance *$236$2,832
Property Taxes $301$3,612
Electricity $319$3,837
Total$2,675$32,100
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$91,714/yr
40% on housing$80,250/yr
45% on housing$71,333/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 1.9%
1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$95This listing

vs Other Active Listings

Avg $/sqft

ZIP 55744$184
Itasca County$160

vs Homes Sold Last Month

Median $/sqft

ZIP 55744$143
Itasca County$129

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-08Listed for sale$359,900
2013-04-12Listing removed$168,900
2013-03-03Listed for sale$168,900

For Sale by Agent

AgentStephanie Alzen
BrokerageMN DIRECT PROPERTIES

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