516 Nelson Ln
Center City, MN 55012
3 bd 2 ba 1,808 sqft Built 1995 Lot 18,731 sqft single_family
Most recent sale
$385,000
Feb 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 21, 2022 | Sold | $385,000 | MLS #6141451 |
| Jan 22, 2022 | Relisted | $370,000 | MLS #6141451 |
| Jan 14, 2022 | Listing removed | $370,000 | NorthstarMLS |
| Jan 13, 2022 | Listed | $370,000 | MLS #6141451 |
| Apr 2, 2016 | Sold | $230,000 | MLS #4672829 |
| Jan 20, 2016 | Listed | $230,000 | MLS #4672829 |
| Jan 1, 2016 | Listing removed | $229,900 | NorthstarMLS |
| Jan 1, 2016 | Sold | $230,000 | Public Record |
| Sep 12, 2015 | Price changed | $229,900 | MLS #4619303 |
| Jul 28, 2015 | Price changed | $249,900 | MLS #4619303 |
| Jul 3, 2015 | Listed | $259,900 | MLS #4619303 |
| Jun 13, 2011 | Listing removed | $237,900 | NorthstarMLS |
| Apr 12, 2010 | Sold | $220,000 | MLS #3877313 |
| Feb 1, 2010 | Listed | $237,900 | MLS #3877313 |
| Jul 24, 2009 | Price changed | $237,900 | MLS #3681215 |
| May 5, 2009 | Listed | $250,000 | MLS #3681215 |
| Dec 22, 1995 | Sold | $107,850 | Public Record |
| Oct 16, 1995 | Sold | $25,900 | MLS #1086076 |
| Oct 21, 1994 | Listed | $25,900 | MLS #1086076 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $226,900 | $106,900 | $333,800 | $3,834 |
| 2023 | $224,500 | $152,000 | $376,500 | $4,282 |
| 2022 | $3,500 | $2,600 | $6,100 | $94 |
| 2016 | $125,300 | $53,700 | $179,000 | $2,840 |
| 2015 | $125,600 | $53,700 | $179,300 | $2,860 |
| 2014 | $114,300 | $53,100 | $167,400 | $2,852 |
| 2013 | $114,400 | $53,100 | $167,500 | $2,806 |
| 2012 | — | — | $190,500 | $2,890 |
| 2011 | — | — | $218,800 | $2,628 |
| 2010 | — | — | $218,800 | $2,462 |
| 2009 | $136,600 | $110,100 | $246,700 | $2,708 |
| 2008 | $146,300 | $110,100 | $256,400 | $2,678 |
| 2007 | $147,900 | $130,300 | $278,200 | $3,028 |
Property facts
Year built
1995
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,808 sqft
Lot size
18,731 sqft
ZIP code
55012
City
Center City
Street
Nelson Ln
Coordinates
45.40445, -92.82212
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,712
Gross rental yield
8.45%
Implied cap rate
5.49%
Trend-extrapolated value
—
Frequently asked questions
When did 516 Nelson Ln last sell?
516 Nelson Ln most recently sold on Feb 21, 2022 for $385,000.
What is the current tax assessment for 516 Nelson Ln?
The most recent total assessment for 516 Nelson Ln (year 2025) is $333,800 with $3,834 in property tax.
How does 516 Nelson Ln's assessment compare to its last sale price?
The current assessment is 13.3% below the last sale price of $385,000.
When was 516 Nelson Ln built?
516 Nelson Ln was built in 1995.
How does 516 Nelson Ln compare to others on Nelson Ln?
We track 8 other properties on Nelson Ln. Browse the list under "Other properties on Nelson Ln" to compare beds, baths, and sale history.
What are the property facts for 516 Nelson Ln?
516 Nelson Ln is a 3 bed, 2 bath, 1,808 sqft, 18,731 sqft lot single_family.
Is 516 Nelson Ln a flip candidate?
No — 516 Nelson Ln does not appear in our flips dataset.
Is 516 Nelson Ln a tax-appeal candidate?
No — 516 Nelson Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.3%
Implied 1-yr
-5.1%
2026 Q3
$298.1K
2026 Q4
$294K
ZIP 55012 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Nelson Ln