531 Nelson Ln
Center City, MN 55012
4 bd 1 ba 1,671 sqft Built 1990 Lot 16,814 sqft single_family
Most recent sale
$252,000
Aug 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 13, 2026 | Sold | $292,000 | NorthstarMLS |
| Feb 10, 2026 | Listed | $285,000 | NorthstarMLS |
| Aug 15, 2022 | Sold | $252,000 | MLS #6226600 |
| Jun 27, 2022 | Listed | $237,900 | MLS #6226600 |
| Jun 24, 2009 | Sold | $119,000 | MLS #3643091 |
| Feb 3, 2009 | Listed | $139,900 | MLS #3643091 |
| Jan 28, 2009 | Listing removed | $139,000 | NorthstarMLS |
| Sep 10, 2008 | Listed | $168,000 | MLS #3595351 |
| Feb 7, 1991 | Sold | $68,315 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $159,700 | $67,900 | $227,600 | $2,634 |
| 2023 | $156,900 | $62,400 | $219,300 | $2,516 |
| 2022 | $122,500 | $42,700 | $165,200 | $2,306 |
| 2021 | $119,400 | $38,800 | $158,200 | $2,280 |
| 2020 | $119,400 | $38,800 | $158,200 | $2,112 |
| 2019 | $111,900 | $29,300 | $141,200 | $1,838 |
| 2018 | $91,100 | $28,300 | $119,400 | $1,832 |
| 2017 | $87,100 | $28,000 | $115,100 | $1,702 |
| 2016 | $81,400 | $27,600 | $109,000 | $1,672 |
| 2015 | $76,300 | $27,300 | $103,600 | $1,516 |
| 2014 | $74,300 | $18,700 | $93,000 | $1,414 |
| 2013 | $66,200 | $17,300 | $83,500 | $1,438 |
| 2012 | $67,200 | $19,800 | $87,000 | $1,554 |
| 2011 | — | — | $101,200 | $1,520 |
| 2010 | — | — | $153,800 | $1,562 |
| 2009 | $113,300 | $50,000 | $163,300 | $1,700 |
| 2008 | $121,600 | $50,000 | $171,600 | $1,702 |
| 2007 | $122,900 | $50,000 | $172,900 | $1,850 |
Property facts
Year built
1990
Property type
single_family
Stories
1
Beds
4
Baths
1
Living area
1,671 sqft
Lot size
16,814 sqft
ZIP code
55012
City
Center City
Street
Nelson Ln
Coordinates
45.40513, -92.82234
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,507
Gross rental yield
11.94%
Implied cap rate
7.76%
Trend-extrapolated value
—
Frequently asked questions
When did 531 Nelson Ln last sell?
531 Nelson Ln most recently sold on Aug 15, 2022 for $252,000.
What is the current tax assessment for 531 Nelson Ln?
The most recent total assessment for 531 Nelson Ln (year 2025) is $227,600 with $2,634 in property tax.
How does 531 Nelson Ln's assessment compare to its last sale price?
The current assessment is 9.7% below the last sale price of $252,000.
When was 531 Nelson Ln built?
531 Nelson Ln was built in 1990.
How does 531 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 531 Nelson Ln?
531 Nelson Ln is a 4 bed, 1 bath, 1,671 sqft, 16,814 sqft lot single_family.
Is 531 Nelson Ln a flip candidate?
No — 531 Nelson Ln does not appear in our flips dataset.
Is 531 Nelson Ln a tax-appeal candidate?
No — 531 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