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305 2nd St

Cleveland, MN 56017

3 bd 2 ba 1,432 sqft Built 1951 Lot 7,405 sqft single_family
Most recent sale
$235,000
Jun 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 8, 2022 Sold $235,000 MLS #6182514
Apr 21, 2022 Listed $224,900 MLS #6182514
Jun 17, 2016 Sold $142,500 Public Record
Jan 1, 2016 Sold $142,500 Public Record
Aug 5, 2013 Sold $130,000 Public Record
Feb 27, 2013 Sold $37,000 Public Record
Oct 18, 2012 Listing removed $58,900 Arrowhead
Oct 8, 2012 Listed $58,900 Arrowhead
Nov 8, 1996 Sold $56,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $165,700 $2,596
2023 $154,500 $2,470
2022 $118,200 $2,152
2021 $111,200 $2,124
2020 $100,900 $1,962
2019 $97,800 $1,950
2018 $63,866 $24,534 $88,400 $1,606
2017 $63,866 $24,534 $88,400 $1,560
2016 $63,866 $24,534 $88,400 $1,478
2015 $60,003 $20,897 $80,900 $1,224
2014 $50,265 $19,935 $70,200 $1,000
2013 $70,600 $28,000 $98,600 $1,402
2012 $57,579 $23,121 $80,700 $1,126
2011 $74,400 $31,000 $105,400 $916
2009 $80,200 $31,000 $111,200 $970

Property facts

Year built
1951
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,432 sqft
Lot size
7,405 sqft
ZIP code
56017
City
Cleveland
Street
2nd St
Coordinates
44.32411, -93.84073

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
$2,148
Gross rental yield
10.97%
Implied cap rate
7.13%
Trend-extrapolated value

Frequently asked questions

When did 305 2nd St last sell?
305 2nd St most recently sold on Jun 8, 2022 for $235,000.
What is the current tax assessment for 305 2nd St?
The most recent total assessment for 305 2nd St (year 2025) is $165,700 with $2,596 in property tax.
How does 305 2nd St's assessment compare to its last sale price?
The current assessment is 29.5% below the last sale price of $235,000.
When was 305 2nd St built?
305 2nd St was built in 1951.
How does 305 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 305 2nd St?
305 2nd St is a 3 bed, 2 bath, 1,432 sqft, 7,405 sqft lot single_family.
Is 305 2nd St a flip candidate?
No — 305 2nd St does not appear in our flips dataset.
Is 305 2nd St a tax-appeal candidate?
No — 305 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
-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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