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224 5th St

Brainerd, MN 56401

4 bd 2 ba 2,811 sqft Built 1880 Lot 10,454 sqft single_family
Most recent sale
$22,000
Apr 10, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 10, 2024 Sold $22,000 NorthstarMLS
Mar 27, 2024 Listed $24,900 NorthstarMLS
Apr 18, 2018 Sold $144,900 NorthstarMLS
Jan 22, 2018 Listed $144,900 NorthstarMLS
Jan 1, 2018 Sold $144,900 Public Record
Mar 15, 2017 Sold $84,000 NorthstarMLS
Nov 10, 2016 Price changed $99,900 GreaterLakes
Nov 3, 2016 Price changed $109,900 GreaterLakes
Oct 12, 2016 Price changed $119,900 GreaterLakes
Sep 10, 2016 Price changed $129,900 GreaterLakes
Aug 14, 2016 Relisted $140,000 GreaterLakes
Aug 5, 2016 Listing removed $140,000 GreaterLakes
Jul 13, 2016 Listed $99,900 NorthstarMLS
Jun 23, 2016 Listing removed $139,900 GreaterLakes
Aug 4, 2015 Listing removed $139,900 NorthstarMLS
Jul 31, 2015 Listed $139,900 NorthstarMLS
Jan 1, 2015 Listing removed $144,900 NorthstarMLS
Dec 2, 2014 Price changed $144,900 GreaterLakes
Oct 30, 2014 Relisted $156,900 GreaterLakes
Oct 29, 2014 Listing removed $156,900 GreaterLakes
Oct 6, 2014 Price changed $156,900 GreaterLakes
Aug 20, 2014 Price changed $164,900 GreaterLakes
Jun 30, 2014 Relisted $172,900 GreaterLakes
Jun 28, 2014 Listing removed $172,900 GreaterLakes
Jun 23, 2014 Listed $144,900 NorthstarMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $52,600 $52,600 $7,758
2022 $133,236 $1,942
2021 $127,350 $1,944
2020 $118,500 $1,900
2019 $118,500 $1,680
2018 $84,800 $36,800 $121,600 $2,434
2017 $85,000 $29,700 $114,700 $2,322
2016 $86,000 $26,700 $112,700 $2,332
2015 $88,200 $21,700 $109,900 $3,870
2014 $89,600 $20,400 $110,000 $3,889
2013 $91,400 $15,400 $106,800 $3,573
2012 $88,800 $24,300 $113,100 $3,616
2011 $95,500 $30,600 $126,100 $2,147
2010 $112,300 $30,600 $142,900 $1,464
2004 $76,300 $23,000 $99,300 $817

Property facts

Year built
1880
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,811 sqft
Lot size
10,454 sqft
ZIP code
56401
City
Brainerd
Street
5th St
Coordinates
46.35892, -94.20173

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
$132
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 224 5th St last sell?
224 5th St most recently sold on Apr 10, 2024 for $22,000.
What is the current tax assessment for 224 5th St?
The most recent total assessment for 224 5th St (year 2025) is $52,600 with $7,758 in property tax.
How does 224 5th St's assessment compare to its last sale price?
The current assessment is 139.1% above the last sale price of $22,000.
When was 224 5th St built?
224 5th St was built in 1880.
How does 224 5th St compare to others on 5th St?
We track 8 other properties on 5th St. Browse the list under "Other properties on 5th St" to compare beds, baths, and sale history.
What are the property facts for 224 5th St?
224 5th St is a 4 bed, 2 bath, 2,811 sqft, 10,454 sqft lot single_family.
Is 224 5th St a flip candidate?
No — 224 5th St does not appear in our flips dataset.
Is 224 5th St a tax-appeal candidate?
Yes — 224 5th 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 valuation
Quarterly trend
+1.6%
Implied 1-yr
+6.6%
2026 Q3
$413.1K
2026 Q4
$419.2K
ZIP 56401 — Median Price History + Forecast

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