540 Lee Ave
Cokato, MN 55321
3 bd 2 ba 1,219 sqft Built 1947 Lot 8,712 sqft single_family
Most recent sale
$231,000
Aug 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 12, 2022 | Sold | $231,000 | MLS #6235751 |
| Jul 18, 2022 | Listed | $229,900 | MLS #6235751 |
| Sep 9, 2019 | Sold | $175,152 | Public Record |
| May 31, 2013 | Sold | $129,900 | MLS #4358975 |
| Jan 31, 2013 | Listing removed | $127,900 | NorthstarMLS |
| Aug 23, 2012 | Listed | $127,900 | MLS #4185130 |
| Aug 27, 1999 | Sold | $96,500 | Public Record |
| Oct 25, 1996 | Sold | $68,000 | Public Record |
| Feb 28, 1996 | Sold | $66,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $145,400 | $18,900 | $164,300 | $2,484 |
| 2021 | $142,000 | $18,900 | $160,900 | $2,494 |
| 2020 | $142,000 | $18,900 | $160,900 | $1,962 |
| 2019 | — | — | $119,100 | $1,842 |
| 2018 | — | — | $107,800 | $1,586 |
| 2017 | $83,480 | $18,020 | $101,500 | $1,484 |
| 2016 | $77,684 | $17,716 | $95,400 | $1,380 |
| 2015 | — | — | $90,000 | $1,328 |
| 2014 | — | — | $85,400 | $1,122 |
| 2013 | — | — | $73,900 | $978 |
| 2012 | — | — | $59,300 | $1,092 |
| 2011 | — | — | $66,500 | $1,070 |
| 2010 | $73,800 | $25,300 | $99,100 | $1,242 |
| 2008 | $93,500 | $28,000 | $121,500 | $1,238 |
Property facts
Year built
1947
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,219 sqft
Lot size
8,712 sqft
ZIP code
55321
City
Cokato
Street
Lee Ave
Coordinates
45.07385, -94.18705
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,829
Gross rental yield
9.50%
Implied cap rate
6.18%
Trend-extrapolated value
—
Frequently asked questions
When did 540 Lee Ave last sell?
540 Lee Ave most recently sold on Aug 12, 2022 for $231,000.
What is the current tax assessment for 540 Lee Ave?
The most recent total assessment for 540 Lee Ave (year 2022) is $164,300 with $2,484 in property tax.
How does 540 Lee Ave's assessment compare to its last sale price?
The current assessment is 28.9% below the last sale price of $231,000.
When was 540 Lee Ave built?
540 Lee Ave was built in 1947.
How does 540 Lee Ave compare to others on Lee Ave?
We track 8 other properties on Lee Ave. Browse the list under "Other properties on Lee Ave" to compare beds, baths, and sale history.
What are the property facts for 540 Lee Ave?
540 Lee Ave is a 3 bed, 2 bath, 1,219 sqft, 8,712 sqft lot single_family.
Is 540 Lee Ave a flip candidate?
No — 540 Lee Ave does not appear in our flips dataset.
Is 540 Lee Ave a tax-appeal candidate?
No — 540 Lee Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.4%
Implied 1-yr
+21.5%
2026 Q3
$393.6K
2026 Q4
$409.2K
ZIP 55321 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lee Ave