502 2nd St
Grove City, MN 56243
4 bd 2 ba 3,000 sqft Built 1952 Lot 14,026 sqft single_family
Most recent sale
$225,000
Sep 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 9, 2022 | Sold | $225,000 | MLS #6233071 |
| Aug 15, 2022 | Relisted | $215,000 | MLS #6233071 |
| Aug 4, 2022 | Listed | $215,000 | MLS #6233071 |
| Mar 6, 2020 | Sold | $155,000 | MLS #5335498 |
| Jan 7, 2020 | Price changed | $159,900 | MLS #5335498 |
| Nov 27, 2019 | Listed | $165,500 | MLS #5335498 |
| Sep 10, 2018 | Sold | $170,909 | Public Record |
| Oct 16, 2009 | Sold | $60,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $113,398 | $2,224 |
| 2019 | — | — | $81,134 | $2,086 |
| 2018 | — | — | $71,433 | $1,532 |
| 2017 | — | — | $62,604 | $1,542 |
| 2016 | — | — | $74,376 | $1,552 |
| 2015 | — | — | $75,793 | $1,492 |
| 2014 | — | $77,000 | $77,000 | $1,520 |
| 2013 | — | $73,600 | $73,600 | $1,666 |
| 2012 | — | $77,800 | $77,800 | $1,750 |
| 2011 | — | $85,700 | $85,700 | $1,022 |
| 2010 | $72,900 | $9,100 | $82,000 | $1,802 |
| 2009 | — | — | $130,100 | $1,812 |
Property facts
Year built
1952
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
3,000 sqft
Lot size
14,026 sqft
ZIP code
56243
City
Grove City
Street
2nd St
Coordinates
45.14678, -94.67748
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 502 2nd St last sell?
502 2nd St most recently sold on Sep 9, 2022 for $225,000.
What is the current tax assessment for 502 2nd St?
The most recent total assessment for 502 2nd St (year 2020) is $113,398 with $2,224 in property tax.
How does 502 2nd St's assessment compare to its last sale price?
The current assessment is 49.6% below the last sale price of $225,000.
When was 502 2nd St built?
502 2nd St was built in 1952.
How does 502 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 502 2nd St?
502 2nd St is a 4 bed, 2 bath, 3,000 sqft, 14,026 sqft lot single_family.
Is 502 2nd St a flip candidate?
No — 502 2nd St does not appear in our flips dataset.
Is 502 2nd St a tax-appeal candidate?
No — 502 2nd 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
+6.1%
Implied 1-yr
+24.2%
2025 Q4
$277.1K
2026 Q1
$289.1K
ZIP 56243 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 2nd St