Date
Details
Price
Change
Source
5/01/2026
Listed
$499,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$499,900 Just Listed
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Property Description
Well-maintained one-story rambler offering comfort, flexibility, and future potential in the heart of Norwood Young America. Set on a generous lot with an additional parcel included to the north, this is a unique opportunity to own some of the last remaining acreage within city limits-connected to city sewer and water. Bright, functional layout features a spacious living room, formal dining area, and an inviting kitchen with breakfast bar and ample cabinetry. Two generously sized bedrooms and full bath allow for easy single-level living. Enjoy the three-season porch overlooking the backyard-ideal for relaxing or entertaining. Unfinished lower level offers excellent potential for added living space, storage, or workshop. Two-car attached garage and allowance for up to 1,600 sq ft of accessory structures add to the versatility. Conveniently located near parks, trails, and local amenities with easy highway access for the upcoming 212 extension. Take a look and make this property yours today!
Full Property Details
Full Property Details for 505 3rd Ave SE
General
- Price: $499,900
- Taxes: $5,858 (2026)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7065231
- Updated: 5/1/2026
- Added to Site: 6 day(s) ago
Interior
- Appliances: Dishwasher, Gas Water Heater, Microwave, Range, Refrigerator, Water Softener Owned
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Dining Room: Breakfast Bar, Kitchen/Dining Room
- Formal Dining Room: Breakfast Bar, Kitchen/Dining Room
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Attached Garage, Concrete
Location
- County: Carver
- Township: Norwood Young America
- Subdivision: City Lts Of Young America
- Driving Directions: Hwy 212 to Tacoma North, to 3rd Ave SE (Gravel road on left), to home. Property is on left when entering.
School Information
- School District: 108 - Central
- High School District: Central
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Propane
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Exterior Const.: Block, Frame
- Basement: Yes
- Basement Desc.: Daylight/Lookout Windows, Drain Tiles, Full, Unfinished
- Foundation Size: 1424
- Roof: Asphalt, Pitched
- Disability Access: None
- Square Feet: 1,424
- Above Ground: 1,424 Sq. Ft.
- Below Ground: 1,424 Sq. Ft.
- Finished Down/Base.: 2,848 Sq. Ft.
- Year Built: 1998
Lot Features
- Lot Size (Acres): 7.01
- Lot Dimensions: Irregular
- Zoning: Residential-Single Family
- Lot Description: Irregular Lot, Light Tree Coverage
Financial Considerations
- Tax Amount: $5,858
- Tax Year: 2026
- Terms: Conventional, VA, FHA, Cash
Disclosures and Reports
- Property ID: 580511091
Listed by Compass
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— 505 3rd Ave SE —
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NMLS#: 1598647
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Schools
Schools serving 505 3rd Ave SE
School District:Central Public School District
| Name | Grades | Distance |
|---|---|---|
Central Elementary School, Norwood Young America, MN 655 Southwest 7th Street, Norwood Young America, MN 55368 | K-5 | 0.8 mi |
Central Middle School, Norwood Young America, MN 531 Morse Street North, Norwood Young America, MN 55368 | 6-8 | 0.5 mi |
Central Senior High School, Norwood Young America, MN 531 Morse Street North, Norwood Young America, MN 55368 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 3rd Ave SE
Tax History
Tax History for 505 3rd Ave SE
Year
Property Taxes
Change
Tax Assessment
Change
2026
$5,858
-5%
$409,300
-2%
2024
$6,148
7%
$417,900
—
2023
$5,768
—
$417,900
1%
2023
$5,768
34%
$413,800
35%
2021
$4,314
3%
$306,200
8%
2020
$4,184
12%
$284,300
5%
2019
$3,734
—
$270,900
6%
2018
$3,730
-15%
$256,500
-14%
2017
$4,388
10%
$299,500
5%
2016
$3,982
7%
$284,300
6%
2015
$3,724
-1%
$268,200
6%
2014
$3,750
11%
$253,500
4%
2013
$3,372
—
$243,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 505 3rd Ave SE
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505 3rd Avenue SE, Norwood Young America, MN 55397 (MLS# 7065231) is a Single Family property with 2 bedrooms and 1 full bathroom. 505 3rd Avenue SE is currently listed for $499,900 and was received on May 01, 2026. Want to learn more about 505 3rd Avenue SE? Do you have questions about finding other Single Family real estate for sale in Norwood Young America? You can browse all Norwood Young America real estate or contact a Coldwell Banker agent to request more information.