$2,719 Closing Credit¹
#6670021, Listing Office: Real Estate Retrievers LLC
$165,000 List price
507 Summit Ave Tracy, MN 56175
$1,959
Closing credit¹
4 beds
1 full
2,244 sqft
$74 / sqft
House
Property details
About 507 Summit Ave
Spacious Home with Huge Potential and a Dream Backyard! Step into opportunity with this 4-bedroom, 2-bath home featuring a generously sized, fully fenced backyard—perfect for pets, play, or planting your dream garden in the raised planter boxes. Enjoy morning coffee or evening gatherings on the large deck, accessed through a walkout patio door from the main living area. The main floor offers 3 bedrooms and a full bath, while the basement includes an additional bedroom, a cozy fireplace, another bathroom, a walkout basement door, and plenty of space to create a welcoming second living area or guest suite. The attached garage adds everyday convenience, and with new-owner love, it offers a fantastic chance to build equity and truly make it your own. With great bones and an incredibly functional layout, this house is full of space and potential for those ready to bring their vision to life.
Highlights
Home typeSingle Family Residence
HeatingHot Water
StatusActive
CoolingCentral Air
Size2,244 sqft
BasementYes
Year built1959
ParkingAttached Garage
MLS #6702594
Attached garage2 spaces
FireplaceWood Burning
Summary
- Full Bathrooms: 1
- Appliances: Cooktop, Dishwasher, Dryer, Range, Refrigerator, Washer
- Basement: Yes
- Fireplace: Wood Burning
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Attached Garage
- Heating: Hot Water
- Cooling: Central Air
- List Price: $165,000
- Price/SqFt: $73
- Annual Tax Amount: $2,234
- Tax Year: 2024
- Directions: From Hwy 14, turn South, then turn East onto Summit Ave.
- Year Built: 1959
- Living Area: 2,244 SqFt
- MLS Number: 6702594
- MLS Name: NORTHSTAR
- Office Name: Edina Realty, Inc.
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$165,000
507 Summit Ave
$1,959
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 21, 2021 | Home Sold | $126,609 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $131,100 | $2,234 |
| 2023 | $131,700 | $1,994 |
| 2022 | $109,600 | $1,588 |
| 2021 | $88,500 | $1,608 |
| 2020 | $89,700 | $- |
| 2019 | $89,800 | $- |
| 2018 | $94,900 | $- |
| 2017 | $94,900 | $- |
History based on county public records data.
Nearby schools
8
Tracy Elementary School
Public District PK-6
1.2 mi
•700 S 4th St
3
Walnut Grove Elementary School
Public District PK-6
6.9 mi
•601 Washington St
7
Red Rock Central Elementary School
Public District PK-4
17.1 mi
•100 6th Ave E
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,898. Residents of Tracy, MN typically earn less than $<35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
47%
<35k
45%
35k-100k
7%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
38%
Single, No Kids
7%
Single, with Kids
35%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
7%
12-17 yrs old
18%
18-34 yrs old
30%
35-64 yrs old
28%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Hunting
NASCAR
Where do the neighbors shop?
Dollar General
Wal-Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Applebees
Hardee's
Jimmy Johns
What do the neighbors drive?
Cadillac
Ram
Chevrolet
What do the neighbors listen to?
Classic Country
New Country
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 507 Summit Ave
The listing price of 507 Summit Ave property is $165,000.
The property 507 Summit Ave is a house located in Tracy, Minnesota, 56175.
Active Listing: 507 Summit Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 507 Summit Ave are: Tracy Elementary School (GreatSchools Rating 8/10), Walnut Grove Elementary School (GreatSchools Rating 3/10), Red Rock Central Elementary School (GreatSchools Rating 7/10), Marshall Middle School (GreatSchools Rating 5/10), Lynd Middle School (GreatSchools Rating 3/10), Tracy Secondary School (GreatSchools Rating 4/10), Westbrook-Walnut Grove Secondary School (GreatSchools Rating 6/10), Marshall High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $2,234 (source: MLS/based on county public records data).
The last sale was on May 21, 2021 for $126,609 (source: MLS/tax record).
The property at 507 Summit Ave has 4 bedrooms and 2 bathrooms.
The property 507 Summit Ave is 2,244 SqFt (source: MLS/tax record).
The year of construction for 507 Summit Ave is 1959.
This home is located at 507 Summit Ave in Tracy, MN and zip code 56175. This 2,244 square foot home was built in 1959. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 29, 2025 and is currently priced at $165,000.
From Rocket Homes Real Estate and based on county public records data.