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509 8th St

Brainerd, MN 56401

3 bd 1 ba 1,294 sqft Built 1888 Lot 6,534 sqft single_family
Most recent sale
$115,000
Jun 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 28, 2022 Sold $115,000 MLS #6220454
Jun 15, 2022 Listed $114,900 MLS #6220454
Jan 31, 2020 Sold $78,500 MLS #5350854
Dec 31, 2019 Listed $77,000 MLS #5350854
Jan 13, 2017 Sold $53,361 MLS #4762573
Nov 9, 2016 Price changed $55,900 MLS #4762573
Oct 30, 2016 Price changed $58,900 MLS #4762573
Sep 18, 2016 Listed $55,900 MLS #4762573
Aug 15, 2013 Sold $54,900 MLS #4372394
May 28, 2013 Listed $54,900 MLS #4372394
Sep 16, 2012 Listed $69,900 MLS #4191749
Mar 18, 2010 Listed $84,900 MLS #192509
Mar 16, 2010 Listed $84,900 MLS #4292509
Jun 25, 2009 Sold $59,000 MLS #4285429
May 19, 2009 Listed $63,900 MLS #4285429

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $57,600 $26,100 $83,700 $974
2022 $38,600 $24,700 $63,300 $924
2021 $37,400 $25,700 $63,100 $956
2020 $37,400 $25,700 $63,100 $908
2019 $31,400 $25,700 $57,100 $848
2018 $31,400 $25,700 $57,100 $788
2017 $26,200 $25,700 $51,900 $748
2016 $27,600 $22,400 $50,000 $722
2015 $28,300 $19,400 $47,700 $714
2014 $33,000 $14,400 $47,400 $397
2013 $19,800 $6,700 $26,500 $338
2012 $20,000 $3,700 $23,700 $368
2011 $19,300 $8,100 $27,400 $468
2010 $49,700 $17,900 $67,600 $465
2004 $41,600 $15,000 $56,600 $495

Property facts

Year built
1888
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,294 sqft
Lot size
6,534 sqft
ZIP code
56401
City
Brainerd
Street
8th St
Coordinates
46.35326, -94.19713

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
$690
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 509 8th St last sell?
509 8th St most recently sold on Jun 28, 2022 for $115,000.
What is the current tax assessment for 509 8th St?
The most recent total assessment for 509 8th St (year 2023) is $83,700 with $974 in property tax.
How does 509 8th St's assessment compare to its last sale price?
The current assessment is 27.2% below the last sale price of $115,000.
When was 509 8th St built?
509 8th St was built in 1888.
How does 509 8th St compare to others on 8th St?
We track 8 other properties on 8th St. Browse the list under "Other properties on 8th St" to compare beds, baths, and sale history.
What are the property facts for 509 8th St?
509 8th St is a 3 bed, 1 bath, 1,294 sqft, 6,534 sqft lot single_family.
Is 509 8th St a flip candidate?
No — 509 8th St does not appear in our flips dataset.
Is 509 8th St a tax-appeal candidate?
No — 509 8th St 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
+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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