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508 Main St

Adams, MN 55909

3 bd 2 ba 1,408 sqft Built 1963 Lot 6,055 sqft single_family
Most recent sale
$145,000
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 1, 2022 Sold $145,000 MLS #6155735
Feb 22, 2022 Listed $145,000 MLS #6155735
Mar 19, 2020 Sold $70,000 MLS #5325723
Oct 24, 2019 Listed $77,000 MLS #5325723

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $106,300 $2,044
2023 $112,400 $2,096
2022 $59,900 $1,470
2021 $51,700 $1,296
2019 $43,400 $1,180
2018 $43,400 $1,064
2017 $42,400 $918
2016 $39,200 $870
2015 $39,200 $690
2014 $40,600 $612
2013 $35,800 $658
2012 $36,700 $708
2009 $51,300 $14,400 $65,700 $950

Property facts

Year built
1963
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,408 sqft
Lot size
6,055 sqft
ZIP code
55909
City
Adams
Street
Main St
Coordinates
43.56564, -92.72212

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$870
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 508 Main St last sell?
508 Main St most recently sold on Jun 1, 2022 for $145,000.
What is the current tax assessment for 508 Main St?
The most recent total assessment for 508 Main St (year 2025) is $106,300 with $2,044 in property tax.
How does 508 Main St's assessment compare to its last sale price?
The current assessment is 26.7% below the last sale price of $145,000.
When was 508 Main St built?
508 Main St was built in 1963.
How does 508 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 508 Main St?
508 Main St is a 3 bed, 2 bath, 1,408 sqft, 6,055 sqft lot single_family.
Is 508 Main St a flip candidate?
No — 508 Main St does not appear in our flips dataset.
Is 508 Main St a tax-appeal candidate?
No — 508 Main St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-8.3%
Implied 1-yr
-33.0%
2024 Q4
$393.8K
2025 Q1
$393.8K
ZIP 55909 — Median Price History + Forecast

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