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241 1st Ave

Blooming Prairie, MN 55917

3 bd 1 ba 1,040 sqft Built 1956 Lot 7,405 sqft single_family
Most recent sale
$138,000
Nov 19, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 19, 2021 Sold $138,000 MLS #6107312
Sep 29, 2021 Listed $139,900 MLS #6107312
May 1, 2013 Sold $70,500 MLS #4039871
Nov 28, 2012 Relisted $79,900 MLS #4039871
Nov 23, 2012 Listing removed $79,900 Southeastminnesota
Aug 24, 2012 Listed $79,900 MLS #4039871

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $121,600 $14,500 $136,100 $2,048
2023 $96,800 $14,500 $111,300 $1,806
2020 $56,500 $1,148
2019 $64,566 $1,092
2018 $57,481 $962
2017 $49,742 $886
2016 $45,600 $832
2015 $40,800 $810
2014 $40,500 $780
2013 $36,800 $1,266
2012 $52,000 $7,700 $59,700 $982
2011 $45,400 $1,120
2010 $69,500 $6,200 $75,700 $1,096
2009 $70,700 $6,400 $77,100 $1,170
2006 $77,400 $7,100 $84,500 $838

Property facts

Year built
1956
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,040 sqft
Lot size
7,405 sqft
ZIP code
55917
City
Blooming Prairie
Street
1st Ave
Coordinates
43.86464, -93.05353

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,560
Gross rental yield
13.57%
Implied cap rate
8.82%
Trend-extrapolated value

Frequently asked questions

When did 241 1st Ave last sell?
241 1st Ave most recently sold on Nov 19, 2021 for $138,000.
What is the current tax assessment for 241 1st Ave?
The most recent total assessment for 241 1st Ave (year 2025) is $136,100 with $2,048 in property tax.
How does 241 1st Ave's assessment compare to its last sale price?
The current assessment is 1.4% below the last sale price of $138,000.
When was 241 1st Ave built?
241 1st Ave was built in 1956.
How does 241 1st Ave compare to others on 1st Ave?
We track 8 other properties on 1st Ave. Browse the list under "Other properties on 1st Ave" to compare beds, baths, and sale history.
What are the property facts for 241 1st Ave?
241 1st Ave is a 3 bed, 1 bath, 1,040 sqft, 7,405 sqft lot single_family.
Is 241 1st Ave a flip candidate?
No — 241 1st Ave does not appear in our flips dataset.
Is 241 1st Ave a tax-appeal candidate?
No — 241 1st Ave 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
+0.8%
Implied 1-yr
+3.1%
2026 Q3
$234.8K
2026 Q4
$236.5K
ZIP 55917 — Median Price History + Forecast

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