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121 School St

Belgrade, MN 56312

3 bd 2 ba 1,792 sqft Built 1958 Lot 13,068 sqft single_family
Most recent sale
$192,000
Dec 15, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 15, 2023 Sold $192,000 NorthstarMLS
Oct 28, 2023 Listed $199,900 NorthstarMLS
Apr 5, 2021 Sold $136,500 NorthstarMLS
Feb 26, 2021 Listed $134,900 NorthstarMLS
Jun 17, 2011 Listing removed $50,000 NorthstarMLS
Oct 15, 2009 Sold $37,300 NorthstarMLS
Jul 21, 2009 Relisted $50,000 Willmar
Jul 19, 2009 Listed $50,000 NorthstarMLS
Jul 13, 2009 Listing removed $50,000 Willmar
Jun 18, 2009 Price changed $50,000 Willmar
Jun 16, 2009 Listing removed $50,000 stcloud
May 27, 2009 Listed $63,750 stcloud
Jan 12, 2009 Listed $50,000 NorthstarMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $99,700 $1,800
2021 $79,700 $1,504
2020 $69,400 $1,358
2019 $62,200 $1,010
2018 $37,700 $624
2017 $38,900 $648
2016 $35,600 $638
2015 $35,500 $620
2014 $36,900 $712
2013 $37,000 $802
2012 $34,200 $716
2011 $54,200 $6,600 $60,800 $856
2010 $69,300 $920

Property facts

Year built
1958
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,792 sqft
Lot size
13,068 sqft
ZIP code
56312
City
Belgrade
Street
School St
Coordinates
45.44855, -95.00602

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
$1,152
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 121 School St last sell?
121 School St most recently sold on Dec 15, 2023 for $192,000.
What is the current tax assessment for 121 School St?
The most recent total assessment for 121 School St (year 2022) is $99,700 with $1,800 in property tax.
How does 121 School St's assessment compare to its last sale price?
The current assessment is 48.1% below the last sale price of $192,000.
When was 121 School St built?
121 School St was built in 1958.
How does 121 School St compare to others on School St?
We track 7 other properties on School St. Browse the list under "Other properties on School St" to compare beds, baths, and sale history.
What are the property facts for 121 School St?
121 School St is a 3 bed, 2 bath, 1,792 sqft, 13,068 sqft lot single_family.
Is 121 School St a flip candidate?
No — 121 School St does not appear in our flips dataset.
Is 121 School St a tax-appeal candidate?
No — 121 School 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
+1.6%
Implied 1-yr
+6.3%
2026 Q3
$234.1K
2026 Q4
$237.5K
ZIP 56312 — Median Price History + Forecast

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