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1003 Grand St SE, Chatfield, MN, 55923

3beds
1baths
1,312sqft
$339,900
$259price/sqft
$2,576/moest. monthly cost
$103,040/yrincome needed

About This Home

ATTENTION DEVELOPERS! 1.14 Acres within the city limits of Chatfield, including 6 residential lots with a couple having city services already. Land would be ideal for possible twin homes and or a few single-family homes. Property includes a 3 bedroom, 1.5 story home with main floor living, central air and steel siding. Old barn/garage (30’ x 54’) is used for the vehicles and storage. Located on a corner lot along a quiet street close the Chosen Valley Care Center.

Getting Around

14
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

7/10
8/10
Chatfield SecondaryGrades 7-121.1 mi

Construction

Condition

  • Year built: 1860

Materials

  • Foundation: Stone
  • Roof: Asphalt
  • Construction materials: Block,Frame,Stone

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Electric Water Heater,Exhaust Fan,Range,Refrigerator
  • Laundry features: None

Basement

  • Has basement: Yes
  • Basement: Block,Partial,Unfinished

Bedroom

  • Level: Main
  • Area: 120
  • Dimensions: 10x12

Bedroom2

  • Level: Upper
  • Area: 90
  • Dimensions: 9x10

Bedroom3

  • Level: Upper
  • Area: 132
  • Dimensions: 11x12

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,024

Heating & Cooling

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

Interior Area

  • Total structure area: 1,312
  • Total interior livable area: 1,312 sqft

Kitchen

  • Level: Main
  • Area: 198
  • Dimensions: 11x18

Living Room

  • Level: Main
  • Area: 165
  • Dimensions: 11x15

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 260371000
  • Zoning description: Residential-Single Family
  • Foundation area: 288

Features

  • Levels: One and One Half
  • Stories: 1

Lot

  • Lot size: 1.14 Acres
  • Features: Corner Lot
  • Lot size dimensions: 138 x 360

Parking

  • Total spaces: 3
  • Parking features: Detached Garage,Driveway - Other Surface
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

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 WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Tornado
Hail
Strong Wind
Winter Weather

FEMA Declared Disasters in Fillmore 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 $1,718$20,616
Home Insurance *$271$3,252
Property Taxes $417$5,004
Electricity $170$2,050
Total$2,576$30,912
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$88,320/yr
40% on housing$77,280/yr
45% on housing$68,693/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: 8.4%
8.4%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 4.2%
4.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$259This listing

vs Other Active Listings

Avg $/sqft

ZIP 55923$165
Fillmore County$137

vs Homes Sold Last Month

Median $/sqft

ZIP 55923$172
Fillmore County$146

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)

No zestimate history available

Price History

DateEventPrice
2025-12-05Price change$339,900
2024-06-11Price change$359,900
2023-07-31Price change$379,900
2023-06-12Listed for sale$399,900

For Sale by Agent

AgentTim Danielson
BrokerageElcor Realty of Rochester Inc.

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