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501 Mars St

Cosmos, MN 56228

3 bd 1 ba 1,617 sqft Built 1954 Lot 13,068 sqft single_family
Most recent sale
$123,500
Oct 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 11, 2022 Sold $123,500 MLS #6235865
Aug 3, 2022 Price changed $113,000 MLS #6235865
Jul 16, 2022 Listed $119,000 MLS #6235865
Jun 30, 2022 Sold $60,000 Public Record
Aug 1, 2004 Sold $86,900 Public Record
Jun 1, 2003 Sold $80,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $81,900 $1,782
2019 $76,400 $1,650
2018 $63,900 $1,266
2017 $37,200 $7,700 $44,900 $740
2016 $23,280 $756
2015 $23,640 $706
2014 $23,900 $23,900 $738
2013 $26,000 $26,000 $790
2012 $26,800 $26,800 $888
2011 $32,000 $32,000 $912
2010 $46,000 $7,300 $53,300 $932
2009 $46,000 $53,300 $53,300 $926

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,617 sqft
Lot size
13,068 sqft
ZIP code
56228
City
Cosmos
Street
Mars St
Coordinates
44.93174, -94.69499

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$741
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 501 Mars St last sell?
501 Mars St most recently sold on Oct 11, 2022 for $123,500.
What is the current tax assessment for 501 Mars St?
The most recent total assessment for 501 Mars St (year 2020) is $81,900 with $1,782 in property tax.
How does 501 Mars St's assessment compare to its last sale price?
The current assessment is 33.7% below the last sale price of $123,500.
When was 501 Mars St built?
501 Mars St was built in 1954.
How does 501 Mars St compare to others on Mars St?
We track 8 other properties on Mars St. Browse the list under "Other properties on Mars St" to compare beds, baths, and sale history.
What are the property facts for 501 Mars St?
501 Mars St is a 3 bed, 1 bath, 1,617 sqft, 13,068 sqft lot single_family.
Is 501 Mars St a flip candidate?
Yes — 501 Mars St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 501 Mars St a tax-appeal candidate?
No — 501 Mars 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
+9.5%
Implied 1-yr
+37.9%
2026 Q3
$284.9K
2026 Q4
$284.9K
ZIP 56228 — Median Price History + Forecast

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