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702 5th Ave

Grand Rapids, MN 55744

3 bd 2 ba 2,352 sqft Built 1957 Lot 13,939 sqft single_family
Most recent sale
$235,000
Jun 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 13, 2022 Sold $235,000 MLS #6188211
May 2, 2022 Listed $229,000 MLS #6188211
Nov 16, 2020 Sold $123,900 Public Record
Oct 5, 2020 Sold $123,900 MLS #5633616
Aug 4, 2020 Listed $132,900 MLS #5633616

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $107,800 $30,900 $138,700 $2,544
2021 $83,521 $25,081 $108,602 $1,750
2020 $83,521 $25,081 $108,602 $1,634
2019 $73,519 $24,401 $97,920 $1,496
2018 $68,560 $24,019 $92,579 $1,266
2017 $60,859 $23,436 $84,295 $1,244
2016 $60,859 $23,436 $84,295 $1,182
2015 $60,900 $23,400 $84,300 $1,160
2014 $60,900 $23,400 $84,300 $1,226
2013 $60,900 $23,400 $84,300 $1,034
2012 $60,900 $23,400 $84,300 $1,106
2011 $89,300 $37,000 $126,300 $1,212
2010 $93,000 $35,300 $128,300 $1,252
2009 $89,600 $36,700 $126,300 $1,206

Property facts

Year built
1957
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,352 sqft
Lot size
13,939 sqft
ZIP code
55744
City
Grand Rapids
Street
5th Ave
Coordinates
47.22468, -93.53624

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
$1,410
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 702 5th Ave last sell?
702 5th Ave most recently sold on Jun 13, 2022 for $235,000.
What is the current tax assessment for 702 5th Ave?
The most recent total assessment for 702 5th Ave (year 2022) is $138,700 with $2,544 in property tax.
How does 702 5th Ave's assessment compare to its last sale price?
The current assessment is 41.0% below the last sale price of $235,000.
When was 702 5th Ave built?
702 5th Ave was built in 1957.
How does 702 5th Ave compare to others on 5th Ave?
We track 8 other properties on 5th Ave. Browse the list under "Other properties on 5th Ave" to compare beds, baths, and sale history.
What are the property facts for 702 5th Ave?
702 5th Ave is a 3 bed, 2 bath, 2,352 sqft, 13,939 sqft lot single_family.
Is 702 5th Ave a flip candidate?
Yes — 702 5th Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 702 5th Ave a tax-appeal candidate?
No — 702 5th 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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