Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 79M+ records · 27M+ properties All 50 states Methodology

516 5th St

Duluth, MN 55806

2 bd 1 ba 1,185 sqft Built 1911 Lot 13,939 sqft condo_townhome_rowhome_coop
Most recent sale
$275,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2022 Sold $275,000 MLS #6101869
Mar 28, 2022 Listed $239,900 MLS #6101869
Dec 13, 2019 Sold $187,000 MLS #6087235
Aug 5, 2019 Price changed $198,900 MLS #6084380
Jul 1, 2019 Listed $199,900 MLS #6084380
Apr 4, 2018 Sold $150,000 MLS #6029329
Aug 30, 2017 Sold $150,000 Public Record
Jun 2, 2017 Listed $150,000 MLS #6029329
Nov 1, 2016 Listing removed $150,000 LakeSuperiorAreaRealtors
May 26, 2016 Listed $150,000 MLS #6022714

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $11,100 $35,500 $46,600 $3,644
2023 $6,200 $32,200 $38,400 $3,106
2022 $7,300 $8,700 $16,000 $1,766
2021 $89,629 $8,400 $98,029 $1,650
2020 $89,629 $8,400 $98,029 $1,696
2019 $89,629 $8,400 $98,029 $1,222
2018 $60,771 $8,700 $69,471 $1,132
2017 $60,771 $8,700 $69,471 $912

Property facts

Year built
1911
Property type
condo_townhome_rowhome_coop
Stories
3
Beds
2
Baths
1
Living area
1,185 sqft
Lot size
13,939 sqft
ZIP code
55806
City
Duluth
Street
5th St
Coordinates
46.78494, -92.11039

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
$1,778
Gross rental yield
7.76%
Implied cap rate
5.04%
Trend-extrapolated value

Frequently asked questions

When did 516 5th St last sell?
516 5th St most recently sold on May 31, 2022 for $275,000.
What is the current tax assessment for 516 5th St?
The most recent total assessment for 516 5th St (year 2025) is $46,600 with $3,644 in property tax.
How does 516 5th St's assessment compare to its last sale price?
The current assessment is 83.1% below the last sale price of $275,000.
When was 516 5th St built?
516 5th St was built in 1911.
How does 516 5th St compare to others on 5th St?
We track 8 other properties on 5th St. Browse the list under "Other properties on 5th St" to compare beds, baths, and sale history.
What are the property facts for 516 5th St?
516 5th St is a 2 bed, 1 bath, 1,185 sqft, 13,939 sqft lot condo_townhome_rowhome_coop.
Is 516 5th St a flip candidate?
Yes — 516 5th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 516 5th St a tax-appeal candidate?
No — 516 5th 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
+0.1%
Implied 1-yr
+0.5%
2026 Q2
$270K
2026 Q3
$270K
ZIP 55806 — Median Price History + Forecast

Explore nearby