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421 Buffalo Ave S, Montrose, MN, 55363

2beds
1baths
796sqft
$159,900
$201price/sqft
$1,214/moest. monthly cost
$48,560/yrincome needed

About This Home

Move right in and enjoy affordable living in this nicely updated Montrose home! Featuring 2 bedrooms and 1 remodeled bath, this home shines with fresh paint, newer LVP flooring and carpet, plus beautfully updated kitchen countertops and cabinets. The low-maintenance steel sidig and oversized 2-car garage add both value and convenience. Whether you're looking for your first home, downsizing, or tired of paying rent, this property offers monthly payments that could be less than rent in many cases. A great opportunity to won an updated, affordable home with small-town charm and easy access to the metro. Homes like this don't stay available long!

Getting Around

38
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

6/10
8/10

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Age Over 8 Years,Asphalt,Pitched

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dryer,Electric Water Heater,Range,Refrigerator,Washer,Water Softener Owned
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedroom

  • Level: Main
  • Area: 104
  • Dimensions: 13 x 8

Bedroom2

  • Level: Main
  • Area: 99
  • Dimensions: 11 x 9

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 796

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,592
  • Total interior livable area: 796 sqft

Kitchen

  • Level: Main
  • Area: 198
  • Dimensions: 18 x 11

Living Room

  • Level: Main
  • Area: 209
  • Dimensions: 19 x 11

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 112012007121
  • Zoning description: Residential-Single Family
  • Foundation area: 796

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Fencing: None

Lot

  • Lot size: 5,837 sqft
  • Features: Tree Coverage - Light
  • Lot size dimensions: 61 x 95 x 60 x 95

Parking

  • Total spaces: 2
  • Parking features: Detached Garage
  • 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

  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Hail
Strong Wind

FEMA Declared Disasters in Wright 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 $808$9,696
Home Insurance *$109$1,308
Property Taxes $127$1,524
Electricity $170$2,050
Total$1,214$14,568
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$41,622/yr
40% on housing$36,420/yr
45% on housing$32,373/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: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 3.0%
3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$201This listing

vs Other Active Listings

Avg $/sqft

ZIP 55363$134
Wright County$169

vs Homes Sold Last Month

Median $/sqft

ZIP 55363$162
Wright County$188

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
2026-08-11Pending sale$159,900
2026-07-21Price change$159,900
2026-06-30Price change$164,900
2026-06-25Price change$169,900
2026-06-16Price change$174,900
2026-05-29Listed for sale$179,900
2022-12-29Sold$162,000
2022-11-28Pending sale$162,800
2022-11-02Price change$162,800
2022-10-06Price change$174,900
2022-08-22Price change$184,900
2022-07-26Listed for sale$195,000
2005-01-31Sold$115,000
2000-06-06Sold$73,500
1997-11-10Sold$53,000

For Sale by Agent

AgentTodd P Urbanski
BrokerageEdina Realty, Inc.

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