501 12th Ave
Grand Rapids, MN 55744
3 bd 2 ba 1,480 sqft Built 1940 Lot 13,939 sqft single_family
Most recent sale
$168,000
Apr 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 22, 2022 | Sold | $168,000 | MLS #6148925 |
| Feb 22, 2022 | Listed | $149,900 | MLS #6148925 |
| Sep 1, 2003 | Sold | $115,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $117,282 | $22,231 | $139,513 | $1,788 |
| 2025 | $118,329 | $22,274 | $140,603 | $1,634 |
| 2023 | $96,810 | $21,384 | $118,194 | $1,530 |
| 2022 | $75,288 | $20,234 | $95,522 | $1,508 |
| 2021 | $58,339 | $18,980 | $77,319 | $1,188 |
| 2020 | $58,339 | $18,980 | $77,319 | $1,248 |
| 2019 | $58,339 | $18,980 | $77,319 | $1,216 |
| 2018 | $58,339 | $18,980 | $77,319 | $850 |
| 2017 | $41,975 | $18,558 | $60,533 | $836 |
| 2016 | $41,975 | $18,558 | $60,533 | $790 |
| 2015 | $41,900 | $18,600 | $60,500 | $774 |
| 2014 | $41,900 | $18,600 | $60,500 | $758 |
| 2013 | $42,200 | $18,100 | $60,300 | $608 |
| 2012 | $42,200 | $18,100 | $60,300 | $672 |
| 2011 | $69,700 | $31,200 | $100,900 | $766 |
| 2010 | $69,700 | $19,300 | $89,000 | $638 |
| 2009 | $68,900 | $21,800 | $90,700 | $548 |
Property facts
Year built
1940
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,480 sqft
Lot size
13,939 sqft
ZIP code
55744
City
Grand Rapids
Street
12th Ave
Coordinates
47.22634, -93.51158
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
$1,008
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 501 12th Ave last sell?
501 12th Ave most recently sold on Apr 22, 2022 for $168,000.
What is the current tax assessment for 501 12th Ave?
The most recent total assessment for 501 12th Ave (year 2026) is $139,513 with $1,788 in property tax.
How does 501 12th Ave's assessment compare to its last sale price?
The current assessment is 17.0% below the last sale price of $168,000.
When was 501 12th Ave built?
501 12th Ave was built in 1940.
How does 501 12th Ave compare to others on 12th Ave?
We track 8 other properties on 12th Ave. Browse the list under "Other properties on 12th Ave" to compare beds, baths, and sale history.
What are the property facts for 501 12th Ave?
501 12th Ave is a 3 bed, 2 bath, 1,480 sqft, 13,939 sqft lot single_family.
Is 501 12th Ave a flip candidate?
No — 501 12th Ave does not appear in our flips dataset.
Is 501 12th Ave a tax-appeal candidate?
No — 501 12th Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.4%
Implied 1-yr
-1.7%
2026 Q3
$273.6K
2026 Q4
$272.4K
ZIP 55744 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 12th Ave