1023 5th Ave
Brainerd, MN 56401
3 bd 2 ba 1,316 sqft Built 1940 Lot 10,454 sqft single_family
Most recent sale
$187,000
May 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 31, 2024 | Sold | $245,000 | NorthstarMLS |
| Aug 26, 2024 | Listed | $239,900 | NorthstarMLS |
| May 27, 2022 | Sold | $187,000 | MLS #6176431 |
| Apr 21, 2022 | Relisted | $179,900 | MLS #6176431 |
| Apr 12, 2022 | Listed | $179,900 | MLS #6176431 |
| May 23, 2019 | Sold | $150,000 | MLS #5203344 |
| Apr 5, 2019 | Relisted | $145,000 | MLS #5203344 |
| Mar 29, 2019 | Listing removed | $145,000 | GreaterLakes |
| Mar 26, 2019 | Listed | $145,000 | MLS #5203344 |
| Jan 1, 2019 | Sold | $150,000 | Public Record |
| Apr 24, 2008 | Sold | $82,400 | MLS #4271688 |
| Feb 15, 2008 | Listed | $88,900 | MLS #4271688 |
| Jan 4, 2005 | Sold | $122,000 | MLS #4226004 |
| May 15, 2004 | Listed | $117,900 | MLS #4226004 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $174,284 | $1,892 |
| 2023 | — | — | $154,382 | $1,792 |
| 2022 | — | — | $123,862 | $1,810 |
| 2021 | — | — | $112,744 | $1,726 |
| 2020 | — | — | $68,300 | $1,122 |
| 2019 | $64,800 | $32,000 | $96,800 | $1,434 |
| 2018 | $54,500 | $31,900 | $86,400 | $1,302 |
| 2017 | $55,700 | $29,700 | $85,400 | $1,266 |
| 2016 | $56,200 | $26,700 | $82,900 | $1,244 |
| 2015 | $52,900 | $21,700 | $74,600 | $1,116 |
| 2014 | $53,900 | $20,400 | $74,300 | $1,031 |
| 2013 | $65,400 | $15,400 | $80,800 | $1,059 |
| 2012 | $63,300 | $24,200 | $87,500 | $1,081 |
| 2011 | $77,400 | $26,600 | $104,000 | $1,127 |
| 2010 | $86,000 | $26,600 | $112,600 | $1,157 |
| 2004 | $74,500 | $23,000 | $97,500 | $720 |
Property facts
Year built
1940
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,316 sqft
Lot size
10,454 sqft
ZIP code
56401
City
Brainerd
Street
5th Ave
Coordinates
46.36996, -94.18309
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,974
Gross rental yield
12.67%
Implied cap rate
8.23%
Trend-extrapolated value
—
Frequently asked questions
When did 1023 5th Ave last sell?
1023 5th Ave most recently sold on May 27, 2022 for $187,000.
What is the current tax assessment for 1023 5th Ave?
The most recent total assessment for 1023 5th Ave (year 2025) is $174,284 with $1,892 in property tax.
How does 1023 5th Ave's assessment compare to its last sale price?
The current assessment is 6.8% below the last sale price of $187,000.
When was 1023 5th Ave built?
1023 5th Ave was built in 1940.
How does 1023 5th Ave compare to others on 5th Ave?
We track 8 other properties on 5th Ave. Browse the list under "Other properties on 5th Ave" to compare beds, baths, and sale history.
What are the property facts for 1023 5th Ave?
1023 5th Ave is a 3 bed, 2 bath, 1,316 sqft, 10,454 sqft lot single_family.
Is 1023 5th Ave a flip candidate?
No — 1023 5th Ave does not appear in our flips dataset.
Is 1023 5th Ave a tax-appeal candidate?
No — 1023 5th Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.6%
Implied 1-yr
+6.6%
2026 Q3
$413.1K
2026 Q4
$419.2K
ZIP 56401 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 5th Ave