405 Melby Ave
Ashby, MN 56309
2 bd 2 ba 1,899 sqft Built 1947 Lot 10,672 sqft single_family
Most recent sale
$96,600
Aug 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 9, 2022 | Sold | $96,600 | MLS #6215525 |
| Jun 9, 2022 | Price changed | $1 | MLS #6215525 |
| Jun 8, 2022 | Listed | — | MLS #6215525 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $116,000 | $9,000 | $125,000 | $1,844 |
| 2025 | $94,200 | $4,500 | $98,700 | $1,624 |
| 2024 | $98,800 | $4,500 | $103,300 | $1,702 |
| 2020 | — | — | $53,339 | $1,056 |
| 2019 | — | — | $45,420 | $1,038 |
| 2018 | — | — | $43,440 | $978 |
| 2017 | — | — | $36,840 | $956 |
| 2016 | — | — | $35,280 | $886 |
| 2015 | — | — | $36,420 | $924 |
| 2014 | — | — | $38,000 | $1,012 |
| 2013 | — | — | $40,600 | $1,084 |
| 2012 | — | — | $42,200 | $1,040 |
| 2011 | $65,100 | $5,500 | $70,600 | $1,104 |
| 2010 | $65,100 | $5,500 | $70,600 | $1,144 |
| 2009 | $68,800 | $5,500 | $74,300 | $1,144 |
Property facts
Year built
1947
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,899 sqft
Lot size
10,672 sqft
ZIP code
56309
City
Ashby
Street
Melby Ave
Coordinates
46.08902, -95.81551
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$580
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 405 Melby Ave last sell?
405 Melby Ave most recently sold on Aug 9, 2022 for $96,600.
What is the current tax assessment for 405 Melby Ave?
The most recent total assessment for 405 Melby Ave (year 2026) is $125,000 with $1,844 in property tax.
How does 405 Melby Ave's assessment compare to its last sale price?
The current assessment is 29.4% above the last sale price of $96,600.
When was 405 Melby Ave built?
405 Melby Ave was built in 1947.
How does 405 Melby Ave compare to others on Melby Ave?
We track 8 other properties on Melby Ave. Browse the list under "Other properties on Melby Ave" to compare beds, baths, and sale history.
What are the property facts for 405 Melby Ave?
405 Melby Ave is a 2 bed, 2 bath, 1,899 sqft, 10,672 sqft lot single_family.
Is 405 Melby Ave a flip candidate?
No — 405 Melby Ave does not appear in our flips dataset.
Is 405 Melby Ave a tax-appeal candidate?
Yes — 405 Melby Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.0%
Implied 1-yr
+24.0%
2025 Q4
$287K
2026 Q1
$299.3K
ZIP 56309 — Median Price History + Forecast
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