Is $119,900 a good price for a home in Shelly?

According to BuyPulse, 205 2nd Street rates Fair Market Value — at $115/sqft it's priced right at the Shelly median of $115/sqft. Powered by the Realgorithm™.

What are the special assessments at 205 2nd 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 $721/yr. Always factor both into your total monthly housing cost before making an offer.

Does 205 2nd Street have a basement?

Yes, 205 2nd Street has a basement.

What type of heating and cooling does 205 2nd Street have?

205 2nd Street has Forced Air heating and Central Air cooling.

Where is 205 2nd Street located?

205 2nd Street is in the Mauritsons neighborhood of Shelly, MN 56581, in Norman County.

Is 205 2nd Street still available?

Yes — 205 2nd Street is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.

When was 205 2nd Street built?

205 2nd Street was built in 1968. It features a block foundation.

1968 single family home for sale at 205 2nd Street in Shelly, MN — 2 bed, 2 bath (photo 1 of 16)

1968 single family home for sale at 205 2nd Street in Shelly, MN — 2 bed, 2 bath (photo 2 of 16)

1968 single family home for sale at 205 2nd Street in Shelly, MN — 2 bed, 2 bath (photo 3 of 16)

1968 single family home for sale at 205 2nd Street in Shelly, MN — 2 bed, 2 bath (photo 4 of 16)

1968 single family home for sale at 205 2nd Street in Shelly, MN — 2 bed, 2 bath (photo 5 of 16)

1968 single family home for sale at 205 2nd Street in Shelly, MN — 2 bed, 2 bath (photo 6 of 16)

1968 single family home for sale at 205 2nd Street in Shelly, MN — 2 bed, 2 bath (photo 7 of 16)

1968 single family home for sale at 205 2nd Street in Shelly, MN — 2 bed, 2 bath (photo 8 of 16)

1968 single family home for sale at 205 2nd Street in Shelly, MN — 2 bed, 2 bath (photo 9 of 16)

1968 single family home for sale at 205 2nd Street in Shelly, MN — 2 bed, 2 bath (photo 10 of 16)

1968 single family home for sale at 205 2nd Street in Shelly, MN — 2 bed, 2 bath (photo 11 of 16)

1968 single family home for sale at 205 2nd Street in Shelly, MN — 2 bed, 2 bath (photo 12 of 16)

1968 single family home for sale at 205 2nd Street in Shelly, MN — 2 bed, 2 bath (photo 13 of 16)

1968 single family home for sale at 205 2nd Street in Shelly, MN — 2 bed, 2 bath (photo 14 of 16)

1968 single family home for sale at 205 2nd Street in Shelly, MN — 2 bed, 2 bath (photo 15 of 16)

1968 single family home for sale at 205 2nd Street in Shelly, MN — 2 bed, 2 bath (photo 16 of 16)

205 2nd Street, Shelly, MN 56581

2 Beds | 2 Baths | 1,040 Sq Ft | Single Family Home | MLS# 7147876

$119,900

Is 205 2nd Street a Good Deal?

BuyPulse Verdict

Fair Market Value

At $115/sqft — This home is priced right at the Shelly median of $115/sqft.

$750/month Estimated

Principal & interest: $606
Property taxes: $60
Home insurance (est.): $70
Special assessments: $14
HOA dues: None

20% down ($23,980) · 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.

Shelly, MN Active

Located in Mauritsons 2nd Add, Shelly, MN.

About This Home

Check out this 2-bedroom, 2-bathroom rambler. This home has lots of character with knotty pine throughout & the original hardwood floors. There's plenty of room to expand your living space in the unfinished basement!

Key Features

Built: 1968
Garage: 1-Car Detached
Style: One
HOA: None
Annual Taxes: $721 (2026)
Specials/yr: $165

Property Details

Property Type: Single Family
Above Grade Sq Ft: 1,040
Lot Size: 0.241 acres
Basement: Yes
County: Norman
List Date: 2026-09-21
Days on Market: 21 days
Parcel ID: 317314000

Financial

Total Tax incl. Assessments: $886
Specials Pending: No

Home Systems & Utilities

Heating: Forced Air
Cooling: Central Air
Water: City Water/Connected
Sewer: City Sewer/Connected

Construction & Exterior

Construction & Structure

Foundation Type: Block
Foundation Area: 1,040 sqft
Total Building Area: 2,080 sqft

Exterior Features

Exterior Features: Vinyl
Accessibility Features: None

Parking & Garage

Parking Features: Detached Garage

Lot & Land

Zoning Description: Residential-Single Family

Agent & Office

List Office: Home Crown Realty LLC

Price History

Listed at $119,900 on Sep 21, 2026 — No price changes

205 2nd Street is listed in Shelly, MN, part of Norman County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 205 2nd 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.

See all Shelly homes ›

Listed by Home Crown Realty LLC · Shown by Modern Market REALTORS®

Schedule a Home Tour

First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.

View Full Listing & Photos

MLS# 7147876 · Data refreshed September 24, 2026

Frequently Asked Questions About 205 2nd Street

Is $119,900 a good price for a home in Shelly?: According to BuyPulse, 205 2nd Street rates Fair Market Value — at $115/sqft it's priced right at the Shelly median of $115/sqft. Powered by the Realgorithm™. Browse Shelly homes for sale to compare.
What are the special assessments at 205 2nd 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 $721/yr. Always factor both into your total monthly housing cost before making an offer.
What special assessments cost in Fargo-Moorhead — live figures on every home for sale.
Does 205 2nd Street have a basement?: Yes, 205 2nd Street has a basement.
What type of heating and cooling does 205 2nd Street have?: 205 2nd Street has Forced Air heating and Central Air cooling.
Where is 205 2nd Street located?: 205 2nd Street is in the Mauritsons neighborhood of Shelly, MN 56581, in Norman County.
Is 205 2nd Street still available?: Yes — 205 2nd Street is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 205 2nd Street built?: 205 2nd Street was built in 1968. It features a block foundation.

Local Companies to Help You Settle In

From inspection to closing to moving day, here are well-known local companies serving the Shelly area.

Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/13/2026, 1:17 AM CDT. 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.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.