3 beds1 bath1,529 sqft/sqft
503 First St SW, Melrose, MN 56352

Property Details for 503 First Street Southwest

Status
Off Market
MLS #
-
Days on Compass
-
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
-
MLS Type
Sale / Residential / Building / 1 / 1
Year Built
1904
Lot Size
0.28 AC / 12,155 SF

Recent comparable sales

Median sold price

$180,000

Avg days on market

34

Sale-to-list ratio

93.5%

Melrose, MN

9 comparable properties found

$112,250 | 113 Fourth Street Southwest, Melrose, MN 56352
1

$112,250

Sold 02/24/26

3
Bedrooms
1,515
Square Feet
0.03
Acres
$180,000 | 158 Par Drive, Melrose, MN 56352
1/12
2

$180,000

Sold 12/04/24

3
Bedrooms
1,376
Square Feet
0.27
Acres
$152,000 | 510 West Main Street, Melrose, MN 56352
3

$152,000

Sold 09/13/24

3
Bedrooms
1,300
Square Feet
0.25
Acres
$155,000 | 4 Riverside Avenue Northeast, Melrose, MN 56352
4

$155,000

Sold 04/06/26

3
Bedrooms
1,512
Square Feet
0.17
Acres
5

$285,000

Sold 04/08/26

3
Bedrooms
1
Bathrooms
1,260
Square Feet
0.54
Acres
6

$205,000

Sold 07/01/26

3
Bedrooms
1
Bathrooms
1,235
Square Feet
0.44
Acres
$170,000 | 225 Main Street West, Melrose, MN 56352
7

$170,000

Sold 06/30/26

3
Bedrooms
1,455
Square Feet
0.24
Acres
$212,000 | 126 Second Street Southwest, Melrose, MN 56352
8

$212,000

Sold 06/20/25

3
Bedrooms
1,337
Square Feet
0.16
Acres
$245,000 | 180 Meadowlark Lane, Melrose, MN 56352
9

$245,000

Sold 06/10/25

3
Bedrooms
1,512
Square Feet
0.32
Acres

Location

Add your commute

Building Information for 503 First Street Southwest

Stories1Residences-Year Built1904Lot Size0.28 AC / 12,155 SF

Public Records for 503 First Street Southwest

Taxable ValueLand$27,700Additions$181,100Total$208,800
Tax Record2026$2,026 ($169 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,529 SqFtAbove Grade Finished SqFt1,529 SqFtStories1Lot Size12,155 SqFtStyleSingle Family ResidenceYear Built1904Year Renovated1967CountySTEARNSAPN66.36841.0000

Schools near 503 First Street Southwest

This home is within Melrose Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 6
Rating
School
Distance
Melrose Elementary School
PublicPK to 5

Melrose Middle School
Public6 to 8

Melrose Secondary
Public9 to 12

St. Mary's Catholic School
PrivatePK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on