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318 5th Ave

Clara City, MN 56222

2 bd 1 ba 952 sqft Built 1955 Lot 8,581 sqft single_family
Most recent sale
$95,000
Oct 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 26, 2022 Sold $95,000 MLS #6238755
Sep 20, 2022 Price changed $100,000 MLS #6238755
Aug 30, 2022 Price changed $117,500 MLS #6238755
Aug 1, 2022 Listed $120,000 MLS #6238755
Jul 26, 2016 Sold $38,500 Public Record
Sep 24, 2009 Sold $25,000 Public Record
Aug 26, 2009 Listing removed $20,900 Willmar
Aug 8, 2009 Price changed $20,900 MLS #29540
Jun 25, 2009 Price changed $34,900 MLS #29540
Apr 8, 2009 Listed $37,900 MLS #29540

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $70,400 $5,900 $76,300 $1,888
2025 $78,600 $5,900 $84,500 $1,994
2024 $65,100 $5,900 $71,000 $1,644
2023 $55,100 $5,900 $61,000 $1,522
2022 $40,400 $5,900 $46,300 $1,298
2021 $41,800 $5,100 $46,900 $1,300
2020 $41,800 $5,100 $46,900 $1,178
2019 $38,000 $5,100 $43,100 $1,110
2018 $38,400 $5,100 $43,500 $1,004
2017 $37,200 $5,100 $42,300 $658
2016 $22,320 $3,060 $25,380 $650
2015 $22,400 $3,100 $25,500 $590
2014 $22,400 $3,100 $25,500 $646
2013 $23,600 $3,100 $26,700 $678
2012 $23,600 $3,100 $26,700 $776
2011 $26,300 $2,300 $28,600 $736
2010 $42,000 $3,800 $45,800 $756
2009 $45,800 $774

Property facts

Year built
1955
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
952 sqft
Lot size
8,581 sqft
ZIP code
56222
City
Clara City
Street
5th Ave
Coordinates
44.96123, -95.36675

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$570
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 318 5th Ave last sell?
318 5th Ave most recently sold on Oct 26, 2022 for $95,000.
What is the current tax assessment for 318 5th Ave?
The most recent total assessment for 318 5th Ave (year 2026) is $76,300 with $1,888 in property tax.
How does 318 5th Ave's assessment compare to its last sale price?
The current assessment is 19.7% below the last sale price of $95,000.
When was 318 5th Ave built?
318 5th Ave was built in 1955.
How does 318 5th Ave compare to others on 5th Ave?
We track 6 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 318 5th Ave?
318 5th Ave is a 2 bed, 1 bath, 952 sqft, 8,581 sqft lot single_family.
Is 318 5th Ave a flip candidate?
No — 318 5th Ave does not appear in our flips dataset.
Is 318 5th Ave a tax-appeal candidate?
No — 318 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
+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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