28555 505th St
Elgin, MN 55932
3 bd 2 ba 2,828 sqft Built 1977 Lot 87,120 sqft single_family
Most recent sale
$320,000
Sep 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 22, 2022 | Sold | $320,000 | MLS #6194884 |
| Jul 28, 2022 | Price changed | $325,000 | MLS #6194884 |
| Jun 20, 2022 | Price changed | $335,000 | MLS #6194884 |
| Jun 7, 2022 | Price changed | $344,500 | MLS #6194884 |
| May 17, 2022 | Price changed | $349,500 | MLS #6194884 |
| May 13, 2022 | Listed | $360,000 | MLS #6194884 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $216,500 | $3,198 |
| 2019 | — | — | $213,400 | $1,940 |
| 2018 | — | — | $196,800 | $1,684 |
| 2017 | $150,476 | $36,824 | $187,300 | $1,714 |
| 2016 | $151,539 | $36,861 | $188,400 | $1,674 |
| 2015 | $153,567 | $36,933 | $190,500 | $1,688 |
| 2014 | $154,631 | $36,969 | $191,600 | $1,636 |
| 2013 | $156,679 | $37,021 | $193,700 | $1,764 |
| 2012 | $157,645 | $37,055 | $194,700 | $1,844 |
| 2011 | $173,300 | $40,500 | $213,800 | $1,840 |
| 2010 | $174,300 | $40,500 | $214,800 | $1,866 |
| 2009 | $175,200 | $40,500 | $215,700 | $1,864 |
Property facts
Year built
1977
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,828 sqft
Lot size
87,120 sqft
ZIP code
55932
City
Elgin
Street
505th St
Coordinates
44.11343, -92.23993
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,920
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 28555 505th St last sell?
28555 505th St most recently sold on Sep 22, 2022 for $320,000.
What is the current tax assessment for 28555 505th St?
The most recent total assessment for 28555 505th St (year 2020) is $216,500 with $3,198 in property tax.
How does 28555 505th St's assessment compare to its last sale price?
The current assessment is 32.3% below the last sale price of $320,000.
When was 28555 505th St built?
28555 505th St was built in 1977.
How does 28555 505th St compare to others on 505th St?
We track 6 other properties on 505th St. Browse the list under "Other properties on 505th St" to compare beds, baths, and sale history.
What are the property facts for 28555 505th St?
28555 505th St is a 3 bed, 2 bath, 2,828 sqft, 87,120 sqft lot single_family.
Is 28555 505th St a flip candidate?
No — 28555 505th St does not appear in our flips dataset.
Is 28555 505th St a tax-appeal candidate?
No — 28555 505th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+9.6%
Implied 1-yr
+38.2%
2026 Q2
$423.2K
2026 Q3
$448.2K
ZIP 55932 — Median Price History + Forecast
Explore nearby
Other properties on 505th St