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3 Beds | 2 Baths | 2,084 Sq Ft | Single Family Home | MLS# 7132607
Is 115 1st Street a Good Deal?
BuyPulse Verdict
Excellent Value
At $78/sqft — This home is priced 27% below the Shelly median of $108/sqft.
Powered by the Realgorithm™ — 2 active Shelly listings · NorthstarMLS
$1,045/month Estimated
- Principal & interest
- $827
- Property taxes
- $109
- Home insurance (est.)
- $95
- Special assessments
- $14
- HOA dues
- None
20% down ($32,700) · 30-yr fixed, 6.5% · Can I afford this home?
Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.
Deciding Week · Day 6 of 7
Day count from the MLS listing date · cohort stats from the last 90 days · NorthstarMLS
Located in Mauritsons 1st Add, Shelly, MN.
About This Home
Enjoy small-town living in this quiet rural community! This spacious 3-bedroom, 2-bathroom home offers over 2,000 sq. ft., with all three bedrooms conveniently located on the main floor. A newer roof adds peace of mind, while two decks provide great spaces to relax and entertain. Plus, you'll find two detached double garages offering plenty of parking and storage. A great opportunity to enjoy peaceful living with room to spread out! Schedule your showing TODAY!
Key Features
- Property Type
- Single Family
- Year Built
- 1961
- Above Grade
- 1,042 sq ft
- Below Grade
- 1,042 sq ft
- Garage
- 4-car (Detached Garage)
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- Finished
- Sewer
- City Sewer - In Street
- Water
- City Water - In Street
- Annual Taxes
- $1,303
- Special Assessments
- $165
- County
- Norman
- Days on Market
- 4
115 1st Street is listed in Shelly, MN, part of Norman County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 115 1st Street
Shannon Barnum
Associate Broker · Modern Market REALTORS®
Your Shelly real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by KW Inspire Realty Keller Williams (Grand Forks) · Shown by Modern Market REALTORS®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7132607 · Data refreshed August 25, 2026
Similar Homes for Sale Near 115 1st Street, Shelly, MN
Frequently Asked Questions About 115 1st Street
- Is $163,500 a good price for a home in Shelly?
- According to BuyPulse, 115 1st Street rates Excellent Value — at $78/sqft it's priced 27% below the Shelly median of $108/sqft. Powered by the Realgorithm™. Browse Shelly homes for sale to compare.
- What are the special assessments at 115 1st Street — and what do they mean?
- This property has $165/yr in annual special assessments, with no specials pending. Special assessments are separate from property taxes — they are charges levied by the city for infrastructure improvements like streets, water, sewer, and sidewalks. Annual property taxes are $1,303/yr. Always factor both into your total monthly housing cost before making an offer.
- Does 115 1st Street have a basement?
- Yes, 115 1st Street has a finished basement with 1,042 sq ft of below-grade space.
- What type of heating and cooling does 115 1st Street have?
- 115 1st Street has Forced Air heating and Central Air cooling.
- Where is 115 1st Street located?
- 115 1st Street is in the Mauritsons neighborhood of Shelly, MN 56581, in Norman County.
- Is 115 1st Street still available?
- Yes — 115 1st Street is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 115 1st Street built?
- 115 1st Street was built in 1961. It features a poured concrete foundation.
- How walkable is 115 1st Street?
- 115 1st Street has a Walk Score of 3/100 (Car-Dependent) and a Bike Score of 38/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
Local Companies to Help You Settle In
From inspection to closing to moving day, here are well-known local companies serving the Shelly area.