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32261 Clay Bank Rd

Erhard, MN 56534

2 bd 1 ba 789 sqft Built 1965 Lot 6,578 sqft single_family
Most recent sale
$330,000
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 22, 2025 Listed $359,900 NorthstarMLS
Jul 15, 2022 Sold $330,000 MLS #6218946
Jun 13, 2022 Listed $247,900 MLS #6218946
Nov 3, 2009 Sold $127,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $39,400 $55,200 $94,600 $854
2020 $39,400 $55,200 $94,600 $882
2019 $38,000 $55,200 $93,200 $874
2018 $36,700 $55,200 $91,900 $830
2017 $33,000 $55,200 $88,200 $854
2016 $35,000 $55,200 $90,200 $836
2015 $32,400 $56,600 $89,000 $824
2014 $31,200 $56,600 $87,800 $808
2013 $31,500 $56,600 $88,100 $864
2012 $31,800 $56,600 $88,400 $918
2011 $32,300 $63,200 $95,500 $908
2007 $30,900 $48,200 $79,100 $596

Property facts

Year built
1965
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
789 sqft
Lot size
6,578 sqft
ZIP code
56534
City
Erhard
Street
Clay Bank Rd
Coordinates
46.43106, -96.04083

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,184
Gross rental yield
4.31%
Implied cap rate
2.80%
Trend-extrapolated value

Frequently asked questions

When did 32261 Clay Bank Rd last sell?
32261 Clay Bank Rd most recently sold on Jul 15, 2022 for $330,000.
What is the current tax assessment for 32261 Clay Bank Rd?
The most recent total assessment for 32261 Clay Bank Rd (year 2021) is $94,600 with $854 in property tax.
How does 32261 Clay Bank Rd's assessment compare to its last sale price?
The current assessment is 71.3% below the last sale price of $330,000.
When was 32261 Clay Bank Rd built?
32261 Clay Bank Rd was built in 1965.
How does 32261 Clay Bank Rd compare to others on Clay Bank Rd?
We track 4 other properties on Clay Bank Rd. Browse the list under "Other properties on Clay Bank Rd" to compare beds, baths, and sale history.
What are the property facts for 32261 Clay Bank Rd?
32261 Clay Bank Rd is a 2 bed, 1 bath, 789 sqft, 6,578 sqft lot single_family.
Is 32261 Clay Bank Rd a flip candidate?
No — 32261 Clay Bank Rd does not appear in our flips dataset.
Is 32261 Clay Bank Rd a tax-appeal candidate?
No — 32261 Clay Bank Rd 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
+8.7%
Implied 1-yr
+34.9%
2025 Q1
$445K
2025 Q2
$469.8K
ZIP 56534 — Median Price History + Forecast

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