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255 2nd St

Elgin, MN 55932

3 bd 1 ba 813 sqft Built 1998 Lot 37,462 sqft single_family
Most recent sale
$140,000
Sep 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 28, 2022 Sold $140,000 MLS #6234696
Jul 14, 2022 Listed $140,000 MLS #6234696
Apr 30, 2020 Sold $89,500 MLS #5325683
Nov 22, 2019 Price changed $92,500 MLS #5325683
Oct 25, 2019 Listed $100,000 MLS #5325683
Apr 13, 2018 Sold $94,000 MLS #5111219
Jan 11, 2018 Price changed $94,000 MLS #4084688
Jan 1, 2018 Sold $92,000 Public Record
Dec 22, 2017 Listed $96,900 MLS #4084688
Sep 4, 2015 Price changed $94,500 MLS #5102586
Aug 4, 2015 Price changed $95,900 MLS #5102586
Jul 16, 2015 Price changed $96,900 MLS #5102586
May 6, 2015 Price changed $97,400 MLS #5102586
Apr 17, 2015 Listed $97,900 MLS #5102586
May 16, 2011 Sold $87,900 MLS #3991003
Apr 9, 2011 Price changed $87,900 MLS #4025306
Nov 16, 2010 Listed $94,900 MLS #4025306
Nov 15, 2010 Listed $87,900 MLS #3991003
Dec 1, 2006 Sold $64,100 MLS #2924292
Oct 11, 2006 Listed $64,900 MLS #2924292
Oct 10, 2006 Listed $64,900 MLS #3280791

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $62,900 $1,018
2019 $63,400 $736
2018 $43,700 $1,108
2017 $39,100 $34,000 $73,100 $1,098
2016 $35,300 $34,000 $69,300 $714
2015 $24,109 $20,391 $44,500 $716
2014 $24,382 $20,418 $44,800 $738
2013 $24,791 $20,409 $45,200 $802
2012 $24,982 $20,418 $45,400 $808
2011 $41,900 $34,000 $75,900 $888
2010 $41,800 $34,000 $75,800 $878

Property facts

Year built
1998
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
813 sqft
Lot size
37,462 sqft
ZIP code
55932
City
Elgin
Street
2nd St
Coordinates
44.13319, -92.25756

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,220
Gross rental yield
10.46%
Implied cap rate
6.80%
Trend-extrapolated value

Frequently asked questions

When did 255 2nd St last sell?
255 2nd St most recently sold on Sep 28, 2022 for $140,000.
What is the current tax assessment for 255 2nd St?
The most recent total assessment for 255 2nd St (year 2020) is $62,900 with $1,018 in property tax.
How does 255 2nd St's assessment compare to its last sale price?
The current assessment is 55.1% below the last sale price of $140,000.
When was 255 2nd St built?
255 2nd St was built in 1998.
How does 255 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 255 2nd St?
255 2nd St is a 3 bed, 1 bath, 813 sqft, 37,462 sqft lot single_family.
Is 255 2nd St a flip candidate?
No — 255 2nd St does not appear in our flips dataset.
Is 255 2nd St a tax-appeal candidate?
No — 255 2nd 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
+9.6%
Implied 1-yr
+38.2%
2026 Q2
$423.2K
2026 Q3
$448.2K
ZIP 55932 — Median Price History + Forecast

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