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406 2nd St

Chisholm, MN 55719

2 bd 1 ba 1,344 sqft Built 1970 Lot 6,098 sqft single_family
Most recent sale
$142,500
Apr 11, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 11, 2024 Sold $142,500 RangeMLS
Mar 16, 2024 Listed $159,500 RangeMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $65,545 $4,317 $69,862 $878
2023 $53,099 $3,619 $56,718 $902
2022 $41,580 $1,980 $43,560 $486
2021 $39,180 $1,980 $41,160 $504
2020 $37,440 $1,980 $39,420 $426
2019 $37,440 $1,980 $39,420 $442
2018 $37,440 $1,980 $39,420 $396
2017 $37,440 $3,000 $40,440 $410
2016 $35,500 $3,000 $38,500 $406
2015 $35,500 $3,000 $38,500 $372
2014 $36,900 $3,000 $39,900 $525
2013 $38,500 $3,000 $41,500 $468
2011 $38,500 $3,000 $41,500 $724
2010 $68,400 $5,000 $73,400 $604
2009 $74,800 $3,100 $77,900 $659
2008 $74,800 $3,100 $77,900 $892
2007 $68,000 $2,700 $70,700 $811

Property facts

Year built
1970
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,344 sqft
Lot size
6,098 sqft
ZIP code
55719
City
Chisholm
Street
2nd St
Coordinates
47.49154, -92.88580

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
$855
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 406 2nd St last sell?
406 2nd St most recently sold on Apr 11, 2024 for $142,500.
What is the current tax assessment for 406 2nd St?
The most recent total assessment for 406 2nd St (year 2025) is $69,862 with $878 in property tax.
How does 406 2nd St's assessment compare to its last sale price?
The current assessment is 51.0% below the last sale price of $142,500.
When was 406 2nd St built?
406 2nd St was built in 1970.
How does 406 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 406 2nd St?
406 2nd St is a 2 bed, 1 bath, 1,344 sqft, 6,098 sqft lot single_family.
Is 406 2nd St a flip candidate?
No — 406 2nd St does not appear in our flips dataset.
Is 406 2nd St a tax-appeal candidate?
No — 406 2nd 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
+4.0%
Implied 1-yr
+15.9%
2026 Q3
$176.1K
2026 Q4
$181.7K
ZIP 55719 — Median Price History + Forecast

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