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79 1st Ave S, Wood Lake, MN, 56297

2beds
2baths
2,597sqft
$245,000
$94price/sqft
$2,021/moest. monthly cost
$80,840/yrincome needed

About This Home

This property gives you the opportunity to make it yours but with so much done already! This residence will astonish you with its expansive four-car garage! The home will pull you in once you see the massive maple butcher block island to gather around during any festive holiday. The custom kitchen features quartz countertops that wrap around the kitchen. The cozy living room has a gas stove that warms the space and overlooks the back yard. The basement gives you great options for storage or flex rooms. The 2nd floor has been insulated with $35,000 worth of spray form, sheet rocked and somewhat ready for your choice of flooring. There is some mudding, taping and painting to do in 1/2 the space. The rooms up there are quite expansive and could be turned into several bedrooms or a large family room with flexible options. The laundry room is waiting for flooring, and the bathroom needs a vanity and tub. The seller is leaving that construction to the next buyer. Owner has a quote for ceramic tile installed in the shower, flooring in the bathroom, laundry and carpet for the upper level and staircase for under $16,000. Trim is needed throughout the home. The electrical & plumbing is completely new throughout. This included a new furnace, A/C, and water softener. The water heater was replaced last fall (2025). The whole house, not the garage, is spray foamed by Tri County Foam out of Alexandria. The plumbing in the upstairs bathroom is stubbed in and ready for a bathtub up against the walk-in shower wall. The kitchen was installed in 2023; Granite Falls Woodworks made the maple top. The wiring is ready to be hooked up for 220 in the garage, ready to run welders or bigger powered equipment. Come take a look at this amazing home!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

5/10
7/10
Lakeview SecondaryGrades 7-126.6 mi

Construction

Condition

  • Year built: 1948

Materials

  • Roof: Asphalt
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator
  • Laundry features: In Basement,Upper Level,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Full

Bathroom

  • Level: Main
  • Area: 46.5
  • Dimensions: 6x7'9

Bedroom

  • Level: Main
  • Area: 163.6389
  • Dimensions: 11'5x14'4

Bedroom2

  • Level: Upper
  • Area: 310
  • Dimensions: 15'6x20

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • 3/4 bathrooms: 2

Dining Room

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

Features

  • Number of fireplaces: 1
  • Fireplace features: Free Standing,Gas
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 878

Foyer

  • Level: Main
  • Area: 72
  • Dimensions: 8x9

Heating & Cooling

  • Heating features: Forced Air,Fireplace(s)
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,597
  • Total interior livable area: 2,597 sqft

Kitchen

  • Level: Main
  • Area: 248
  • Dimensions: 20'8x12

Living Room

  • Level: Main
  • Area: 210
  • Dimensions: 14x15

Property

Accessibility

  • Accessibility features: Doors 36"+,Accessible Electrical and Environmental Controls

Details

  • Parcel number: 394111404
  • Zoning description: Residential-Single Family
  • Foundation area: 784

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Front Porch,Patio
  • Fencing: None

Lot

  • Lot size: 10,497 sqft
  • Features: Tree Coverage - Medium
  • Lot size dimensions: 75 x 140

Parking

  • Total spaces: 4
  • Parking features: Attached,Concrete,Floor Drain,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • 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

  • Heat Wave
    Heat WaveVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Heat Wave
Winter Weather
Cold Wave
Strong Wind
Drought
Hail
Inland Flooding
Ice Storm
Tornado

FEMA Declared Disasters in Yellow Medicine 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 $1,238$14,856
Home Insurance *$216$2,592
Property Taxes $348$4,176
Electricity $219$2,628
Total$2,021$24,252
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$69,291/yr
40% on housing$60,630/yr
45% on housing$53,893/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: 13.1%
13.1%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$94This listing

vs Other Active Listings

Avg $/sqft

ZIP 56297
Yellow Medicine County$82

vs Homes Sold Last Month

Median $/sqft

ZIP 56297
Yellow Medicine County$96

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
2026-04-29Listed for sale$250,000
2020-06-29Sold$36,000
2020-06-15Pending sale$39,900
2020-05-27Price change$39,900
2019-10-14Listed for sale$49,900
2001-09-01Sold$25,500

For Sale by Agent

AgentSherry Mathiowetz
BrokerageMarshall Area Homes

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