975 40th St
Benson, MN 56231
2 bd 1 ba 3,200 sqft Built 2012 Lot 354,143 sqft single_family
Most recent sale
$178,500
Aug 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 5, 2022 | Sold | $178,500 | MLS #6205466 |
| Jun 1, 2022 | Listed | $1 | MLS #6205466 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $840,100 | $5,750 |
| 2019 | — | — | $840,100 | $5,310 |
| 2018 | — | — | $840,100 | $4,458 |
| 2017 | — | — | $840,100 | $4,578 |
| 2016 | — | — | $840,100 | $4,372 |
| 2015 | — | — | $884,400 | $4,196 |
| 2014 | — | — | $884,400 | $3,864 |
| 2013 | — | — | $737,000 | $3,606 |
| 2012 | — | $566,900 | $566,900 | $3,374 |
| 2011 | — | $493,000 | $493,000 | $2,930 |
| 2010 | — | $428,700 | $428,700 | $2,548 |
| 2009 | — | — | $396,900 | $2,144 |
| 2008 | — | — | $281,200 | $1,900 |
Property facts
Year built
2012
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
3,200 sqft
Lot size
354,143 sqft
ZIP code
56231
City
Benson
Street
40th St
Coordinates
45.35409, -95.78424
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,071
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 975 40th St last sell?
975 40th St most recently sold on Aug 5, 2022 for $178,500.
What is the current tax assessment for 975 40th St?
The most recent total assessment for 975 40th St (year 2020) is $840,100 with $5,750 in property tax.
How does 975 40th St's assessment compare to its last sale price?
The current assessment is 370.6% above the last sale price of $178,500.
When was 975 40th St built?
975 40th St was built in 2012.
How does 975 40th St compare to others on 40th St?
We track 8 other properties on 40th St. Browse the list under "Other properties on 40th St" to compare beds, baths, and sale history.
What are the property facts for 975 40th St?
975 40th St is a 2 bed, 1 bath, 3,200 sqft, 354,143 sqft lot single_family.
Is 975 40th St a flip candidate?
No — 975 40th St does not appear in our flips dataset.
Is 975 40th St a tax-appeal candidate?
Yes — 975 40th St 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
+17.0%
Implied 1-yr
+68.2%
2026 Q1
$927.4K
2026 Q2
$1M
ZIP 56231 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 40th St