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1024 2nd Ave

Grand Rapids, MN 55744

2 bd 1 ba 1,088 sqft Built 1950 Lot 7,841 sqft single_family
Most recent sale
$155,000
May 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 24, 2022 Sold $155,000 MLS #6174368
Apr 5, 2022 Listed $144,900 MLS #6174368
Jul 31, 2020 Sold $107,000 MLS #5607026
Jun 12, 2020 Listed $112,000 MLS #5607026
Apr 11, 2020 Listing removed $112,000 GreaterLakes
Oct 22, 2019 Price changed $112,000 MLS #5293583
Sep 16, 2019 Listed $119,900 MLS #9933731

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $95,581 $17,772 $113,353 $1,422
2025 $74,813 $16,304 $91,117 $920
2023 $58,786 $16,244 $75,030 $892
2022 $42,534 $14,729 $57,263 $822
2021 $31,620 $13,380 $45,000 $606
2020 $31,620 $13,380 $45,000 $642
2019 $31,620 $13,380 $45,000 $624
2018 $31,620 $13,380 $45,000 $516
2017 $28,080 $13,380 $41,460 $544
2016 $30,180 $13,380 $43,560 $546
2015 $30,200 $13,400 $43,600 $538
2014 $30,200 $13,400 $43,600 $528
2013 $30,200 $13,400 $43,600 $418
2012 $30,200 $13,400 $43,600 $408
2011 $55,300 $23,400 $78,700 $510
2010 $55,300 $9,900 $65,200 $412
2009 $55,200 $12,500 $67,700 $472

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,088 sqft
Lot size
7,841 sqft
ZIP code
55744
City
Grand Rapids
Street
2nd Ave
Coordinates
47.24376, -93.52481

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,632
Gross rental yield
12.63%
Implied cap rate
8.21%
Trend-extrapolated value

Frequently asked questions

When did 1024 2nd Ave last sell?
1024 2nd Ave most recently sold on May 24, 2022 for $155,000.
What is the current tax assessment for 1024 2nd Ave?
The most recent total assessment for 1024 2nd Ave (year 2026) is $113,353 with $1,422 in property tax.
How does 1024 2nd Ave's assessment compare to its last sale price?
The current assessment is 26.9% below the last sale price of $155,000.
When was 1024 2nd Ave built?
1024 2nd Ave was built in 1950.
How does 1024 2nd Ave compare to others on 2nd Ave?
We track 8 other properties on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 1024 2nd Ave?
1024 2nd Ave is a 2 bed, 1 bath, 1,088 sqft, 7,841 sqft lot single_family.
Is 1024 2nd Ave a flip candidate?
Yes — 1024 2nd Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1024 2nd Ave a tax-appeal candidate?
No — 1024 2nd Ave 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
-0.4%
Implied 1-yr
-1.7%
2026 Q3
$273.6K
2026 Q4
$272.4K
ZIP 55744 — Median Price History + Forecast

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