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507 4th St

Deer River, MN 56636

3 bd 2 ba 2,492 sqft Built 1907 Lot 6,970 sqft single_family
Most recent sale
$70,000
Apr 15, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2024 Sold $70,000 NorthstarMLS
Mar 5, 2024 Price changed $79,000 NorthstarMLS
Jan 15, 2024 Price changed $84,000 NorthstarMLS
Dec 6, 2023 Listed $89,000 NorthstarMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $95,200 $3,900 $99,100 $1,746
2025 $95,200 $3,900 $99,100 $1,748
2023 $44,721 $2,187 $46,908 $732
2022 $38,760 $2,160 $40,920 $718
2021 $34,860 $2,160 $37,020 $508
2020 $34,860 $2,160 $37,020 $552
2019 $34,860 $2,160 $37,020 $452
2018 $29,400 $3,000 $32,400 $312
2017 $29,400 $3,000 $32,400 $276
2016 $29,400 $3,000 $32,400 $260
2015 $33,300 $3,000 $36,300 $654
2014 $29,400 $2,300 $31,700 $520
2013 $31,700 $2,300 $34,000 $506
2011 $57,600 $3,800 $61,400 $650
2010 $61,400 $3,800 $65,200 $494
2009 $56,200 $2,500 $58,700 $452

Property facts

Year built
1907
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,492 sqft
Lot size
6,970 sqft
ZIP code
56636
City
Deer River
Street
4th St
Coordinates
47.32751, -93.78988

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
$420
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 507 4th St last sell?
507 4th St most recently sold on Apr 15, 2024 for $70,000.
What is the current tax assessment for 507 4th St?
The most recent total assessment for 507 4th St (year 2026) is $99,100 with $1,746 in property tax.
How does 507 4th St's assessment compare to its last sale price?
The current assessment is 41.6% above the last sale price of $70,000.
When was 507 4th St built?
507 4th St was built in 1907.
How does 507 4th St compare to others on 4th St?
We track 8 other properties on 4th St. Browse the list under "Other properties on 4th St" to compare beds, baths, and sale history.
What are the property facts for 507 4th St?
507 4th St is a 3 bed, 2 bath, 2,492 sqft, 6,970 sqft lot single_family.
Is 507 4th St a flip candidate?
No — 507 4th St does not appear in our flips dataset.
Is 507 4th St a tax-appeal candidate?
No — 507 4th 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
+1.9%
Implied 1-yr
+7.5%
2026 Q2
$240.5K
2026 Q3
$244.5K
ZIP 56636 — Median Price History + Forecast

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