308 1st Ave
Hayfield, MN 55940
4 bd 2 ba 1,626 sqft Built 1910 Lot 5,227 sqft single_family
Most recent sale
$195,000
Nov 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 23, 2025 | Sold | $220,000 | NorthstarMLS |
| Oct 21, 2024 | Listed | $229,900 | NorthstarMLS |
| Nov 3, 2022 | Sold | $195,000 | NorthstarMLS |
| Sep 1, 2022 | Listing removed | — | NorthstarMLS |
| Aug 31, 2022 | Listed | $209,900 | NorthstarMLS |
| Aug 31, 2015 | Sold | $137,000 | Southeastminnesota |
| Jul 15, 2015 | Listed | $139,900 | Southeastminnesota |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $143,803 | $10,397 | $154,200 | $2,472 |
| 2023 | $137,972 | $10,828 | $148,800 | $2,356 |
| 2022 | $109,864 | $10,336 | $120,200 | $2,230 |
| 2021 | $110,498 | $8,302 | $118,800 | $2,246 |
| 2020 | $91,074 | $7,926 | $99,000 | $2,066 |
| 2019 | $80,530 | $7,670 | $88,200 | $1,876 |
| 2018 | $51,741 | $6,659 | $58,400 | $1,334 |
| 2017 | $50,403 | $6,597 | $57,000 | $1,184 |
| 2016 | $52,503 | $6,697 | $59,200 | $1,138 |
| 2015 | $57,870 | $6,930 | $64,800 | $1,158 |
| 2014 | $57,966 | $6,934 | $64,900 | $1,092 |
| 2013 | $58,256 | $6,944 | $65,200 | $1,166 |
| 2012 | $58,738 | $7,762 | $66,500 | $1,182 |
| 2011 | $84,200 | $11,100 | $95,300 | $1,138 |
Property facts
Year built
1910
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,626 sqft
Lot size
5,227 sqft
ZIP code
55940
City
Hayfield
Street
1st Ave
Coordinates
43.88768, -92.84691
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
$1,170
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 308 1st Ave last sell?
308 1st Ave most recently sold on Nov 3, 2022 for $195,000.
What is the current tax assessment for 308 1st Ave?
The most recent total assessment for 308 1st Ave (year 2025) is $154,200 with $2,472 in property tax.
How does 308 1st Ave's assessment compare to its last sale price?
The current assessment is 20.9% below the last sale price of $195,000.
When was 308 1st Ave built?
308 1st Ave was built in 1910.
How does 308 1st Ave compare to others on 1st Ave?
We track 8 other properties on 1st Ave. Browse the list under "Other properties on 1st Ave" to compare beds, baths, and sale history.
What are the property facts for 308 1st Ave?
308 1st Ave is a 4 bed, 2 bath, 1,626 sqft, 5,227 sqft lot single_family.
Is 308 1st Ave a flip candidate?
No — 308 1st Ave does not appear in our flips dataset.
Is 308 1st Ave a tax-appeal candidate?
No — 308 1st 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
+2.8%
Implied 1-yr
+11.1%
2026 Q3
$360.4K
2026 Q4
$368.9K
ZIP 55940 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 1st Ave