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540 2nd Ave

Cambridge, MN 55008

5 bd 2 ba 1,680 sqft Built 1920 Lot 7,200 sqft multi_family
Most recent sale
$29,000
Feb 23, 2012

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 22, 2024 Sold $212,000 NorthstarMLS
Apr 18, 2024 Listed $210,000 NorthstarMLS
Mar 22, 2012 Listing removed $29,000 LakeSuperiorAreaRealtors
Feb 23, 2012 Sold $29,000 NorthstarMLS
Dec 19, 2011 Price changed $29,900 NorthstarMLS
Nov 27, 2011 Listed $29,000 LakeSuperiorAreaRealtors
Aug 31, 2011 Listing removed $51,900 NorthstarMLS
Apr 1, 2011 Price changed $58,000 NorthstarMLS
Feb 16, 2011 Listed $62,900 NorthstarMLS
May 3, 2007 Sold $52,000 Public Record
May 16, 1991 Sold $52,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $139,600 $12,600 $152,200 $2,674
2020 $132,000 $12,600 $144,600 $2,596
2019 $123,200 $12,600 $135,800 $2,510
2018 $114,600 $2,216
2017 $93,000 $12,600 $105,600 $2,170
2016 $64,600 $12,600 $77,200 $1,574
2015 $57,900 $12,600 $70,500 $1,544
2014 $47,800 $25,200 $73,000 $1,542
2013 $43,700 $25,200 $68,900 $1,304
2012 $48,400 $25,200 $73,600 $1,320
2011 $51,200 $25,200 $76,400 $2,176

Property facts

Year built
1920
Property type
multi_family
Stories
2
Beds
5
Baths
2
Living area
1,680 sqft
Lot size
7,200 sqft
ZIP code
55008
City
Cambridge
Street
2nd Ave
Coordinates
45.57176, -93.23060

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 540 2nd Ave last sell?
540 2nd Ave most recently sold on Feb 23, 2012 for $29,000.
What is the current tax assessment for 540 2nd Ave?
The most recent total assessment for 540 2nd Ave (year 2021) is $152,200 with $2,674 in property tax.
How does 540 2nd Ave's assessment compare to its last sale price?
The current assessment is 424.8% above the last sale price of $29,000.
When was 540 2nd Ave built?
540 2nd Ave was built in 1920.
How does 540 2nd Ave compare to others on 2nd Ave?
We track 8 other properties on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 540 2nd Ave?
540 2nd Ave is a 5 bed, 2 bath, 1,680 sqft, 7,200 sqft lot multi_family.
Is 540 2nd Ave a flip candidate?
No — 540 2nd Ave does not appear in our flips dataset.
Is 540 2nd Ave a tax-appeal candidate?
No — 540 2nd 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
+1.1%
Implied 1-yr
+4.3%
2026 Q3
$340K
2026 Q4
$343.4K
ZIP 55008 — Median Price History + Forecast

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