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701 5th Ave

Cambridge, MN 55008

3 bd 2 ba 1,724 sqft Built 1971 Lot 13,068 sqft single_family
Most recent sale
$255,000
Sep 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 7, 2022 Sold $255,000 MLS #6238692
Aug 1, 2022 Price changed $264,900 MLS #6238692
Jul 22, 2022 Listed $279,000 MLS #6238692
Mar 31, 2022 Listed $279,900 MLS #6172026
Dec 28, 2016 Sold $162,500 MLS #4756674
Oct 15, 2016 Price changed $164,900 MLS #4756674
Sep 21, 2016 Price changed $169,900 MLS #4756674
Aug 30, 2016 Listed $174,900 MLS #4756674
Jan 1, 2016 Sold $162,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $189,900 $2,804
2023 $162,300 $2,532
2022 $162,000 $2,924
2021 $162,000 $2,730
2020 $146,500 $2,658
2019 $132,600 $2,480
2018 $126,200 $2,474
2017 $105,000 $2,194
2016 $80,300 $1,676
2015 $71,400 $1,604
2014 $76,800 $1,654
2013 $78,700 $1,496
2012 $89,500 $1,610
2011 $77,100 $41,100 $118,200 $1,580

Property facts

Year built
1971
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,724 sqft
Lot size
13,068 sqft
ZIP code
55008
City
Cambridge
Street
5th Ave
Coordinates
45.57734, -93.23355

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,586
Gross rental yield
12.17%
Implied cap rate
7.91%
Trend-extrapolated value

Frequently asked questions

When did 701 5th Ave last sell?
701 5th Ave most recently sold on Sep 7, 2022 for $255,000.
What is the current tax assessment for 701 5th Ave?
The most recent total assessment for 701 5th Ave (year 2025) is $189,900 with $2,804 in property tax.
How does 701 5th Ave's assessment compare to its last sale price?
The current assessment is 25.5% below the last sale price of $255,000.
When was 701 5th Ave built?
701 5th Ave was built in 1971.
How does 701 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 701 5th Ave?
701 5th Ave is a 3 bed, 2 bath, 1,724 sqft, 13,068 sqft lot single_family.
Is 701 5th Ave a flip candidate?
No — 701 5th Ave does not appear in our flips dataset.
Is 701 5th Ave a tax-appeal candidate?
No — 701 5th 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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