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401 1st Ave

Hayfield, MN 55940

3 bd 2 ba 2,812 sqft Built 1900 Lot 10,019 sqft single_family
Most recent sale
$209,900
Jul 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 26, 2022 Sold $209,900 MLS #6214213
Jun 6, 2022 Listed $209,900 MLS #6214213
Mar 21, 2018 Sold $155,490 MLS #5116382
Jan 10, 2018 Listed $149,900 MLS #4084826
Jan 4, 2018 Listed $149,900 MLS #5116382
Nov 26, 2003 Sold $129,495 MLS #2801670
Nov 3, 2003 Listed $126,000 MLS #2801670
Apr 12, 2001 Listing removed $94,900 Southeastminnesota
Mar 8, 2001 Listed $94,900 MLS #1008164

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $164,600 $15,200 $179,800 $2,818
2023 $140,636 $13,564 $154,200 $2,432
2022 $111,619 $12,981 $124,600 $2,304
2021 $122,325 $12,475 $134,800 $2,532
2020 $122,325 $12,475 $134,800 $2,392
2019 $103,546 $12,054 $115,600 $2,208
2018 $93,154 $11,746 $104,900 $1,342
2017 $49,151 $9,749 $58,900 $1,178
2016 $47,177 $9,623 $56,800 $1,104
2015 $47,733 $9,667 $57,400 $1,116
2014 $52,416 $9,984 $62,400 $1,296
2013 $67,653 $10,647 $78,300 $1,388
2012 $68,125 $10,675 $78,800 $1,418
2011 $68,841 $11,959 $80,800 $1,344
2010 $92,500 $16,000 $108,500 $1,450
2009 $103,100 $16,000 $119,100 $1,416

Property facts

Year built
1900
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,812 sqft
Lot size
10,019 sqft
ZIP code
55940
City
Hayfield
Street
1st Ave
Coordinates
43.88674, -92.84622

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,259
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 401 1st Ave last sell?
401 1st Ave most recently sold on Jul 26, 2022 for $209,900.
What is the current tax assessment for 401 1st Ave?
The most recent total assessment for 401 1st Ave (year 2025) is $179,800 with $2,818 in property tax.
How does 401 1st Ave's assessment compare to its last sale price?
The current assessment is 14.3% below the last sale price of $209,900.
When was 401 1st Ave built?
401 1st Ave was built in 1900.
How does 401 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 401 1st Ave?
401 1st Ave is a 3 bed, 2 bath, 2,812 sqft, 10,019 sqft lot single_family.
Is 401 1st Ave a flip candidate?
No — 401 1st Ave does not appear in our flips dataset.
Is 401 1st Ave a tax-appeal candidate?
No — 401 1st 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
+2.8%
Implied 1-yr
+11.1%
2026 Q3
$360.4K
2026 Q4
$368.9K
ZIP 55940 — Median Price History + Forecast

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