408 1st St
Grand Meadow, MN 55936
3 bd 3 ba 2,200 sqft Built 1928 Lot 9,148 sqft single_family
Most recent sale
$250,000
Sep 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 30, 2022 | Sold | $250,000 | MLS #6236568 |
| Jul 18, 2022 | Listed | $239,900 | MLS #6236568 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $195,100 | $35,000 | $230,100 | $3,852 |
| 2018 | — | — | $102,900 | $1,466 |
| 2017 | — | — | $67,500 | $1,354 |
| 2016 | — | — | $63,400 | $1,348 |
| 2015 | — | — | $63,400 | $1,480 |
| 2014 | — | — | $76,700 | $1,482 |
| 2013 | — | — | $76,700 | $1,660 |
| 2012 | — | — | $81,900 | $1,802 |
| 2009 | $84,600 | $20,000 | $104,600 | $1,494 |
Property facts
Year built
1928
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,200 sqft
Lot size
9,148 sqft
ZIP code
55936
City
Grand Meadow
Street
1st St
Coordinates
43.70940, -92.57080
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,500
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 408 1st St last sell?
408 1st St most recently sold on Sep 30, 2022 for $250,000.
What is the current tax assessment for 408 1st St?
The most recent total assessment for 408 1st St (year 2025) is $230,100 with $3,852 in property tax.
How does 408 1st St's assessment compare to its last sale price?
The current assessment is 8.0% below the last sale price of $250,000.
When was 408 1st St built?
408 1st St was built in 1928.
How does 408 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 408 1st St?
408 1st St is a 3 bed, 3 bath, 2,200 sqft, 9,148 sqft lot single_family.
Is 408 1st St a flip candidate?
No — 408 1st St does not appear in our flips dataset.
Is 408 1st St a tax-appeal candidate?
No — 408 1st 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
-8.3%
Implied 1-yr
-33.3%
2026 Q1
$143.4K
2026 Q2
$143.4K
ZIP 55936 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 1st St