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123 2nd Ave

Clara City, MN 56222

3 bd 1 ba 2,484 sqft Built 1961 Lot 5,793 sqft single_family
Most recent sale
$105,000
Jan 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 20, 2022 Sold $105,000 MLS #6123825
Nov 4, 2021 Listed $120,000 MLS #6123825
Aug 26, 2011 Sold $46,500 MLS #36795
Jun 22, 2011 Listed $62,500 MLS #36795

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $108,200 $4,000 $112,200 $2,806
2025 $101,600 $4,000 $105,600 $2,530
2024 $109,600 $4,000 $113,600 $2,656
2023 $92,800 $4,000 $96,800 $2,446
2022 $40,380 $2,400 $42,780 $1,364
2021 $36,780 $2,100 $38,880 $1,234
2020 $36,780 $2,100 $38,880 $1,132
2019 $33,180 $2,100 $35,280 $1,102
2018 $34,140 $2,100 $36,240 $982
2017 $32,820 $2,100 $34,920 $1,028
2016 $32,820 $2,100 $34,920 $1,012
2015 $32,800 $2,100 $34,900 $964
2014 $32,800 $2,100 $34,900 $892
2013 $35,000 $2,100 $37,100 $936
2012 $35,000 $2,100 $37,100 $1,156
2011 $41,400 $1,600 $43,000 $1,140
2010 $69,100 $2,600 $71,700 $1,232
2009 $75,500 $1,142

Property facts

Year built
1961
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
2,484 sqft
Lot size
5,793 sqft
ZIP code
56222
City
Clara City
Street
2nd Ave
Coordinates
44.95748, -95.36581

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
$630
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 123 2nd Ave last sell?
123 2nd Ave most recently sold on Jan 20, 2022 for $105,000.
What is the current tax assessment for 123 2nd Ave?
The most recent total assessment for 123 2nd Ave (year 2026) is $112,200 with $2,806 in property tax.
How does 123 2nd Ave's assessment compare to its last sale price?
The current assessment is 6.9% above the last sale price of $105,000.
When was 123 2nd Ave built?
123 2nd Ave was built in 1961.
How does 123 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 123 2nd Ave?
123 2nd Ave is a 3 bed, 1 bath, 2,484 sqft, 5,793 sqft lot single_family.
Is 123 2nd Ave a flip candidate?
No — 123 2nd Ave does not appear in our flips dataset.
Is 123 2nd Ave a tax-appeal candidate?
No — 123 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
+4.7%
Implied 1-yr
+19.0%
2026 Q3
$310.9K
2026 Q4
$322.1K
ZIP 56222 — Median Price History + Forecast

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