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520 1st St

Cottonwood, MN 56229

5 bd 2 ba 1,811 sqft Built 1900 Lot 24,263 sqft single_family
Most recent sale
$185,000
Nov 22, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 17, 2025 Listed $215,000 NorthstarMLS
Jun 16, 2025 Sold $215,000 NorthstarMLS
May 2, 2025 Listed $215,000 NorthstarMLS
Nov 22, 2021 Sold $185,000 MLS #6068801
Sep 9, 2021 Price changed $185,000 MLS #6068801
Jul 26, 2021 Listed $195,000 MLS #6068801
Feb 8, 2016 Sold $62,000 Public Record
Oct 1, 2003 Sold $79,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $207,200 $12,800 $220,000 $3,072
2023 $165,000 $11,400 $176,400 $2,924
2022 $132,600 $11,400 $144,000 $2,532
2021 $120,500 $11,400 $131,900 $2,380
2020 $127,300 $11,400 $138,700 $2,322
2019 $85,900 $11,400 $97,300 $1,734
2018 $65,900 $11,400 $77,300 $1,374
2017 $53,000 $11,400 $64,400 $1,082
2016 $62,800 $10,900 $73,700 $1,236
2015 $66,200 $10,900 $77,100 $1,262
2014 $66,200 $10,900 $77,100 $1,154
2013 $66,200 $10,900 $77,100 $1,210
2012 $70,600 $10,900 $81,500 $1,310
2011 $77,600 $10,900 $88,500 $1,320

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
5
Baths
2
Living area
1,811 sqft
Lot size
24,263 sqft
ZIP code
56229
City
Cottonwood
Street
1st St
Coordinates
44.60386, -95.67424

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,110
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 520 1st St last sell?
520 1st St most recently sold on Nov 22, 2021 for $185,000.
What is the current tax assessment for 520 1st St?
The most recent total assessment for 520 1st St (year 2025) is $220,000 with $3,072 in property tax.
How does 520 1st St's assessment compare to its last sale price?
The current assessment is 18.9% above the last sale price of $185,000.
When was 520 1st St built?
520 1st St was built in 1900.
How does 520 1st St compare to others on 1st St?
We track 8 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 520 1st St?
520 1st St is a 5 bed, 2 bath, 1,811 sqft, 24,263 sqft lot single_family.
Is 520 1st St a flip candidate?
No — 520 1st St does not appear in our flips dataset.
Is 520 1st St a tax-appeal candidate?
No — 520 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
+5.2%
Implied 1-yr
+20.8%
2026 Q1
$269.9K
2026 Q2
$280.4K
ZIP 56229 — Median Price History + Forecast

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