407 2nd St
Hayfield, MN 55940
2 bd 1 ba 1,080 sqft Built 1969 Lot 6,098 sqft single_family
Most recent sale
$175,000
Jun 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 30, 2024 | Sold | $184,000 | NorthstarMLS |
| Nov 19, 2024 | Price changed | $179,900 | NorthstarMLS |
| Oct 16, 2024 | Listed | $184,900 | NorthstarMLS |
| Jun 10, 2022 | Sold | $175,000 | MLS #6174199 |
| Apr 5, 2022 | Listed | $179,900 | MLS #6174199 |
| Sep 30, 2016 | Sold | $42,500 | MLS #4074445 |
| Sep 12, 2016 | Listed | $44,900 | MLS #4074445 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $127,077 | $10,923 | $138,000 | $2,224 |
| 2023 | $82,182 | $10,418 | $92,600 | $1,500 |
| 2022 | $75,300 | $13,400 | $88,700 | $1,618 |
| 2021 | $71,500 | $12,000 | $83,500 | $1,554 |
| 2020 | $65,100 | $12,000 | $77,100 | $1,574 |
| 2019 | $60,500 | $12,000 | $72,500 | $1,500 |
| 2018 | $48,400 | $12,000 | $60,400 | $1,312 |
| 2017 | $48,000 | $12,000 | $60,000 | $1,178 |
| 2016 | $56,300 | $12,000 | $68,300 | $1,256 |
| 2015 | $66,700 | $12,000 | $78,700 | $1,338 |
| 2014 | $66,800 | $12,000 | $78,800 | $1,246 |
| 2013 | $67,600 | $12,000 | $79,600 | $1,336 |
| 2012 | $42,803 | $8,397 | $51,200 | $928 |
| 2011 | $68,600 | $13,300 | $81,900 | $928 |
| 2010 | $68,600 | $13,300 | $81,900 | $1,028 |
Property facts
Year built
1969
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,080 sqft
Lot size
6,098 sqft
ZIP code
55940
City
Hayfield
Street
2nd St
Coordinates
43.89201, -92.84104
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
$1,620
Gross rental yield
11.11%
Implied cap rate
7.22%
Trend-extrapolated value
—
Frequently asked questions
When did 407 2nd St last sell?
407 2nd St most recently sold on Jun 10, 2022 for $175,000.
What is the current tax assessment for 407 2nd St?
The most recent total assessment for 407 2nd St (year 2025) is $138,000 with $2,224 in property tax.
How does 407 2nd St's assessment compare to its last sale price?
The current assessment is 21.1% below the last sale price of $175,000.
When was 407 2nd St built?
407 2nd St was built in 1969.
How does 407 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 407 2nd St?
407 2nd St is a 2 bed, 1 bath, 1,080 sqft, 6,098 sqft lot single_family.
Is 407 2nd St a flip candidate?
No — 407 2nd St does not appear in our flips dataset.
Is 407 2nd St a tax-appeal candidate?
No — 407 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
+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 2nd St