56331 State Highway 48
Hinckley, MN 55037
3 bd 2 ba 1,552 sqft Built 1905 Lot 67,954 sqft single_family
Most recent sale
$215,000
Dec 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 1, 2022 | Sold | $215,000 | NorthstarMLS |
| Oct 18, 2022 | Listed | $210,000 | NorthstarMLS |
| Jan 1, 2017 | Sold | $85,000 | Public Record |
| Jun 13, 2011 | Listing removed | $89,000 | NorthstarMLS |
| Mar 11, 2010 | Sold | $74,400 | NorthstarMLS |
| Feb 23, 2010 | Listed | $89,000 | NorthstarMLS |
| Nov 20, 2009 | Price changed | $99,000 | NorthstarMLS |
| Nov 18, 2009 | Price changed | $95,000 | NorthstarMLS |
| Nov 5, 2009 | Listed | $99,000 | NorthstarMLS |
| Mar 17, 2005 | Sold | $21,000 | Public Record |
| Oct 15, 1996 | Sold | $21,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $89,100 | $1,022 |
| 2021 | — | — | $75,400 | $894 |
| 2020 | — | — | $68,800 | $850 |
| 2019 | — | — | $63,400 | $800 |
| 2018 | $34,183 | $14,017 | $48,200 | $644 |
| 2017 | $34,045 | $13,655 | $47,700 | $622 |
| 2016 | $33,745 | $13,255 | $47,000 | $610 |
| 2015 | $33,212 | $13,188 | $46,400 | $578 |
| 2014 | $34,530 | $13,370 | $47,900 | $550 |
| 2013 | $35,819 | $13,681 | $49,500 | $568 |
| 2012 | $45,400 | $22,700 | $68,100 | $668 |
| 2011 | $70,400 | $32,800 | $103,200 | $620 |
Property facts
Year built
1905
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,552 sqft
Lot size
67,954 sqft
ZIP code
55037
City
Hinckley
Street
State Highway 48
Coordinates
46.01290, -92.56078
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,328
Gross rental yield
12.99%
Implied cap rate
8.45%
Trend-extrapolated value
—
Frequently asked questions
When did 56331 State Highway 48 last sell?
56331 State Highway 48 most recently sold on Dec 1, 2022 for $215,000.
What is the current tax assessment for 56331 State Highway 48?
The most recent total assessment for 56331 State Highway 48 (year 2022) is $89,100 with $1,022 in property tax.
How does 56331 State Highway 48's assessment compare to its last sale price?
The current assessment is 58.6% below the last sale price of $215,000.
When was 56331 State Highway 48 built?
56331 State Highway 48 was built in 1905.
How does 56331 State Highway 48 compare to others on State Highway 48?
We track 8 other properties on State Highway 48. Browse the list under "Other properties on State Highway 48" to compare beds, baths, and sale history.
What are the property facts for 56331 State Highway 48?
56331 State Highway 48 is a 3 bed, 2 bath, 1,552 sqft, 67,954 sqft lot single_family.
Is 56331 State Highway 48 a flip candidate?
No — 56331 State Highway 48 does not appear in our flips dataset.
Is 56331 State Highway 48 a tax-appeal candidate?
No — 56331 State Highway 48 is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.3%
Implied 1-yr
+21.1%
2026 Q3
$288K
2026 Q4
$288K
ZIP 55037 — Median Price History + Forecast
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Geography
Other properties on State Highway 48