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115 2nd Ave

Elgin, MN 55932

3 bd 2 ba 798 sqft Built 1906 Lot 31,363 sqft single_family
Most recent sale
$215,000
Mar 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 31, 2022 Sold $215,000 MLS #6131351
Feb 16, 2022 Listed $215,000 MLS #6131351
Nov 29, 2021 Listing removed $218,900 NorthstarMLS
Nov 4, 2021 Price changed $218,900 MLS #6116931
Oct 20, 2021 Listed $229,000 MLS #6116931
Jun 12, 2020 Sold $149,900 Public Record
Dec 30, 1996 Sold $53,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $165,400 $50,500 $215,900 $2,946
2020 $101,800 $2,156
2019 $106,000 $22,300 $128,300 $2,130
2018 $100,600 $22,300 $122,900 $2,054
2017 $101,200 $22,300 $123,500 $1,990
2016 $92,000 $22,300 $114,300 $2,098
2015 $103,100 $22,300 $125,400 $2,092
2014 $103,700 $22,300 $126,000 $2,170
2013 $105,000 $22,300 $127,300 $2,286
2012 $104,300 $22,300 $126,600 $2,310
2011 $104,900 $22,300 $127,200 $2,010
2010 $105,500 $22,300 $127,800 $1,994
2009 $106,100 $22,300 $128,400 $2,088

Property facts

Year built
1906
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
798 sqft
Lot size
31,363 sqft
ZIP code
55932
City
Elgin
Street
2nd Ave
Coordinates
44.13193, -92.24981

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,197
Gross rental yield
6.68%
Implied cap rate
4.34%
Trend-extrapolated value

Frequently asked questions

When did 115 2nd Ave last sell?
115 2nd Ave most recently sold on Mar 31, 2022 for $215,000.
What is the current tax assessment for 115 2nd Ave?
The most recent total assessment for 115 2nd Ave (year 2025) is $215,900 with $2,946 in property tax.
How does 115 2nd Ave's assessment compare to its last sale price?
The current assessment is 0.4% above the last sale price of $215,000.
When was 115 2nd Ave built?
115 2nd Ave was built in 1906.
How does 115 2nd Ave compare to others on 2nd Ave?
We track 8 other properties on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 115 2nd Ave?
115 2nd Ave is a 3 bed, 2 bath, 798 sqft, 31,363 sqft lot single_family.
Is 115 2nd Ave a flip candidate?
Yes — 115 2nd Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 115 2nd Ave a tax-appeal candidate?
No — 115 2nd Ave 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
+9.6%
Implied 1-yr
+38.2%
2026 Q2
$423.2K
2026 Q3
$448.2K
ZIP 55932 — Median Price History + Forecast

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