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409 2nd St

Cleveland, MN 56017

2 bd 2 ba 1,218 sqft Built 1940 Lot 10,498 sqft single_family
Most recent sale
$145,000
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 28, 2022 Sold $199,900 NorthstarMLS
Sep 23, 2022 Listed $199,900 MLS #6262527
Jul 22, 2022 Sold $145,000 MLS #7029998
Jun 3, 2022 Listed $137,500 MLS #7029998
Sep 28, 2017 Sold $105,000 MLS #7015415
Aug 20, 2017 Price changed $109,700 MLS #7015415
Jul 29, 2017 Listed $112,500 MLS #7015415
Jan 1, 2017 Sold $105,000 Public Record
Jun 1, 2012 Sold $105,000 Public Record
May 17, 2004 Sold $116,000 Public Record
Aug 29, 2002 Sold $85,500 Public Record
Jun 18, 1998 Sold $42,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $90,500 $1,616
2019 $82,200 $1,610
2018 $47,133 $23,567 $70,700 $1,308
2017 $47,133 $23,567 $70,700 $1,272
2016 $47,133 $23,567 $70,700 $1,204
2015 $43,141 $19,859 $63,000 $970
2014 $43,141 $19,859 $63,000 $904
2013 $43,141 $19,859 $63,000 $956
2012 $49,735 $23,065 $72,800 $1,022
2011 $62,700 $32,000 $94,700 $786
2009 $67,700 $32,000 $99,700 $832

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,218 sqft
Lot size
10,498 sqft
ZIP code
56017
City
Cleveland
Street
2nd St
Coordinates
44.32278, -93.84074

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$870
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 409 2nd St last sell?
409 2nd St most recently sold on Jul 22, 2022 for $145,000.
What is the current tax assessment for 409 2nd St?
The most recent total assessment for 409 2nd St (year 2020) is $90,500 with $1,616 in property tax.
How does 409 2nd St's assessment compare to its last sale price?
The current assessment is 37.6% below the last sale price of $145,000.
When was 409 2nd St built?
409 2nd St was built in 1940.
How does 409 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 409 2nd St?
409 2nd St is a 2 bed, 2 bath, 1,218 sqft, 10,498 sqft lot single_family.
Is 409 2nd St a flip candidate?
Yes — 409 2nd St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 409 2nd St a tax-appeal candidate?
No — 409 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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