Sold / Closed
$91,290

Sold price · Closed Oct 20, 2026

502 1st Street, Welcome, MN, 56181

3  Bedrooms2  Bathrooms1,552  Square Feet0.114  Acres
Days on market5
Year built1946
Garage spaces1

About this home

Welcome home to this clean and move-in ready 3-bedroom bungalow property in a fantastic location! The main floor features two bedrooms, a spacious living room, and comfortable living spaces ready for you to make your own. Recent updates including new carpet and windows add to the home's fresh, inviting appeal. The partially finished basement provides additional living space with a cozy family room featuring a fireplace, plus a separate area that would make an ideal home office or study. Outside, enjoy a private backyard perfect for relaxing or entertaining and a storage shed for storing your outdoor essentials. Conveniently located just 1½ blocks from downtown. A great opportunity for the first time buyer or buyer looking to downsize. Comfortable and convenient living is waiting for its new owner.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1946
LevelsOne
Living area1,552 sqft
Above-grade finished1,080 sqft
Below-grade finished472 sqft
Lot size0.114 acres (50x100)
Days on market5
ListedAug 25, 2026
MLS #NST7133444
CountyMartin
SubdivisionVillage/Welcome
Parcel #420600020

Facts & features

Interior

Bedrooms
3
Bathrooms
2
Bath breakdown
1 full / 1 half
Heating
Forced Air
Cooling
Central Air
Appliances
Disposal, Dryer, Water Filtration System, Range, Refrigerator, Water Softener Owned

Property

Levels / stories
One
Garage
1 space · 9'8x23'5" · 288 sqft
Parking features
Attached Garage
Exterior features
Fiber Board
Pool
None
Fencing
None

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Block, Frame
Foundation
Block · 720 sqft
Roof
Age Over 8 Years, Asphalt
Year built
1946

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
Circuit Breakers

Community & HOA

Subdivision
Village/Welcome
HOA
No HOA
School district
2448 - Martin County West
High school district
Martin County West

Financial & listing details

Annual tax
$1,988 (2026)
Listed
Aug 25, 2026
Days on market
5
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths1
3/4 baths0
Half baths1
1/4 baths0
BasementBlock, Daylight/Lookout Windows, Drain Tiled, Drainage System, Finished, Full, Storage Space, Sump Basket, Sump Pump, Unfinished
HeatingForced Air
CoolingCentral Air
Fireplaces1
LaundryIn Basement, Lower Level
AppliancesDisposal, Dryer, Water Filtration System, Range, Refrigerator, Water Softener Owned
DiningKitchen/Dining Room
AmenitiesCeiling Fan(s), Kitchen Window, Main Floor Primary Bedroom, Natural Woodwork, Paneled Doors, Washer/Dryer Hookup
AccessibilityNone

Exterior & lot

ExteriorFiber Board
RoofAge Over 8 Years, Asphalt
FoundationBlock
Foundation area720 sqft
Lot featuresTree Coverage - Medium
Road frontageCity Street, Curbs, Paved Streets, Storm Sewer
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage
Garage spaces1
Garage size288 sqft

Financial details

Annual taxes$1,988
Tax year2026
Taxes w/ assessments1988
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District2448 - Martin County West
District number2448
District phone5077288276
High schoolMartin County West
SODL flat fee brokerage
$0Estimated buyer credit
SODL platform fee $2,970Your buyer credit $0

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$719/mo
Principal & interest$520
Property taxes$166
Home insurance (est.)$33
%
$19,800
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

502 1st Street, Welcome, MN, 56181

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Listing information

MLS #NST7133444
Last reported MLS statusClosed
MLS record updatedOct 20, 2026, 4:51 PM
Originally listedAug 26, 2026, 1:27 PM
Listing officeRE/MAX TOTAL REALTY

Status reflects the latest MLS record available to SODL, not independently confirmed current availability. Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.