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305 1st St

Cleveland, MN 56017

3 bd 3 ba 3,264 sqft Built 1995 Lot 10,640 sqft single_family
Most recent sale
$285,000
May 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 6, 2022 Sold $285,000 MLS #7029550
Apr 21, 2022 Listed $289,900 MLS #7029550

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $304,800 $4,690
2023 $291,100 $4,570
2022 $225,100 $4,016
2021 $211,300 $3,942
2020 $191,900 $3,642
2019 $188,100 $3,644
2018 $141,640 $30,460 $172,100 $3,012
2017 $141,640 $30,460 $172,100 $2,922
2016 $141,640 $30,460 $172,100 $2,774
2015 $135,119 $26,581 $161,700 $2,376
2014 $135,119 $26,581 $161,700 $2,222
2013 $136,675 $26,625 $163,300 $2,356
2012 $152,725 $29,875 $182,600 $2,458
2011 $158,999 $33,001 $192,000 $1,968
2009 $171,800 $33,000 $204,800 $2,094

Property facts

Year built
1995
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
3,264 sqft
Lot size
10,640 sqft
ZIP code
56017
City
Cleveland
Street
1st St
Coordinates
44.32369, -93.84227

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
$1,710
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 305 1st St last sell?
305 1st St most recently sold on May 6, 2022 for $285,000.
What is the current tax assessment for 305 1st St?
The most recent total assessment for 305 1st St (year 2025) is $304,800 with $4,690 in property tax.
How does 305 1st St's assessment compare to its last sale price?
The current assessment is 6.9% above the last sale price of $285,000.
When was 305 1st St built?
305 1st St was built in 1995.
How does 305 1st St compare to others on 1st St?
We track 6 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 305 1st St?
305 1st St is a 3 bed, 3 bath, 3,264 sqft, 10,640 sqft lot single_family.
Is 305 1st St a flip candidate?
No — 305 1st St does not appear in our flips dataset.
Is 305 1st St a tax-appeal candidate?
No — 305 1st 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
-1.6%
Implied 1-yr
-6.5%
2026 Q3
$412.4K
2026 Q4
$412.4K
ZIP 56017 — Median Price History + Forecast

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