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508 16th St

Benson, MN 56215

3 bd 2 ba 1,511 sqft Built 1931 Lot 8,398 sqft single_family
Most recent sale
$130,000
Jul 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 14, 2022 Sold $130,000 MLS #6193880
May 23, 2022 Price changed $134,900 MLS #6193880
May 12, 2022 Listed $139,900 MLS #6193880
Jan 13, 2022 Sold $60,000 MLS #6085860
Aug 17, 2021 Listed $74,000 MLS #6085860

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $28,200 $634
2019 $28,200 $612
2018 $28,200 $548
2017 $28,200 $548
2016 $28,560 $502
2015 $28,600 $494
2014 $28,100 $524
2013 $28,100 $28,100 $480
2012 $28,100 $28,100 $526
2011 $46,800 $46,800 $522
2010 $46,800 $46,800 $480
2009 $46,800 $464

Property facts

Year built
1931
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,511 sqft
Lot size
8,398 sqft
ZIP code
56215
City
Benson
Street
16th St
Coordinates
45.31145, -95.60722

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
$780
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 508 16th St last sell?
508 16th St most recently sold on Jul 14, 2022 for $130,000.
What is the current tax assessment for 508 16th St?
The most recent total assessment for 508 16th St (year 2020) is $28,200 with $634 in property tax.
How does 508 16th St's assessment compare to its last sale price?
The current assessment is 78.3% below the last sale price of $130,000.
When was 508 16th St built?
508 16th St was built in 1931.
How does 508 16th St compare to others on 16th St?
We track 8 other properties on 16th St. Browse the list under "Other properties on 16th St" to compare beds, baths, and sale history.
What are the property facts for 508 16th St?
508 16th St is a 3 bed, 2 bath, 1,511 sqft, 8,398 sqft lot single_family.
Is 508 16th St a flip candidate?
Yes — 508 16th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 508 16th St a tax-appeal candidate?
No — 508 16th 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
+1.0%
Implied 1-yr
+4.1%
2026 Q2
$216.4K
2026 Q3
$218.5K
ZIP 56215 — Median Price History + Forecast

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