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48500 Pillar Rd

Bowstring, MN 56636

2 bd 1 ba 720 sqft Built 1970 Lot 48,787 sqft single_family
Most recent sale
$207,000
Jun 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 14, 2023 Sold $251,000 NorthstarMLS
Jun 16, 2022 Sold $207,000 MLS #6182677
Apr 21, 2022 Listed $205,000 MLS #6182677
Aug 22, 2019 Sold $144,300 Public Record
Aug 19, 2019 Sold $144,300 MLS #5139109
Jan 16, 2019 Listed $145,000 MLS #9932531
Jan 14, 2019 Listed $145,000 MLS #5139109
May 24, 2017 Sold $115,000 Public Record
May 22, 2017 Listing removed $120,000 ItascaCounty
Mar 16, 2017 Listed $120,000 MLS #9929639
May 14, 2015 Sold $90,000 Public Record
May 4, 2015 Listing removed $99,999 ItascaCounty
Mar 15, 2015 Listing removed $99,999 RangeMLS
Oct 1, 2014 Price changed $99,999 MLS #9925379
Aug 22, 2014 Listed $105,000 MLS #124934

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $69,200 $125,600 $194,800 $1,580
2025 $69,900 $125,600 $195,500 $1,600
2023 $47,200 $87,800 $135,000 $1,158
2022 $31,300 $70,400 $101,700 $1,076
2021 $29,800 $70,400 $100,200 $1,100
2020 $23,700 $67,800 $91,500 $1,062
2019 $21,900 $67,800 $89,700 $986
2018 $21,900 $67,800 $89,700 $958
2017 $21,900 $67,800 $89,700 $944
2016 $23,300 $79,600 $102,900 $1,060
2015 $23,300 $83,500 $106,800 $1,032
2014 $23,300 $91,000 $114,300 $1,110
2013 $23,300 $95,400 $118,700 $1,104
2012 $23,300 $95,400 $118,700 $1,068
2011 $29,300 $115,800 $145,100 $1,216
2010 $29,300 $115,800 $145,100 $1,174
2009 $18,000 $117,500 $135,500 $836

Property facts

Year built
1970
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
720 sqft
Lot size
48,787 sqft
ZIP code
56636
City
Bowstring
Street
Pillar Rd
Coordinates
47.57729, -93.83026

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,080
Gross rental yield
6.26%
Implied cap rate
4.07%
Trend-extrapolated value

Frequently asked questions

When did 48500 Pillar Rd last sell?
48500 Pillar Rd most recently sold on Jun 16, 2022 for $207,000.
What is the current tax assessment for 48500 Pillar Rd?
The most recent total assessment for 48500 Pillar Rd (year 2026) is $194,800 with $1,580 in property tax.
How does 48500 Pillar Rd's assessment compare to its last sale price?
The current assessment is 5.9% below the last sale price of $207,000.
When was 48500 Pillar Rd built?
48500 Pillar Rd was built in 1970.
How does 48500 Pillar Rd compare to others on Pillar Rd?
We track 1 other property on Pillar Rd. Browse the list under "Other properties on Pillar Rd" to compare beds, baths, and sale history.
What are the property facts for 48500 Pillar Rd?
48500 Pillar Rd is a 2 bed, 1 bath, 720 sqft, 48,787 sqft lot single_family.
Is 48500 Pillar Rd a flip candidate?
Yes — 48500 Pillar Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 48500 Pillar Rd a tax-appeal candidate?
No — 48500 Pillar Rd 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
+0.6%
Implied 1-yr
+2.5%
2026 Q2
$293.9K
2026 Q3
$295.7K
ZIP 56636 — Median Price History + Forecast

Explore nearby

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