408 1st Ave
Kasson, MN 55944
3 bd 2 ba 2,040 sqft Built 1965 Lot 8,712 sqft single_family
Most recent sale
$242,000
Sep 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 13, 2026 | Sold | $278,000 | NorthstarMLS |
| Mar 11, 2026 | Listed | $269,000 | NorthstarMLS |
| Oct 1, 2025 | Listed | $259,500 | NorthstarMLS |
| Aug 18, 2025 | Price changed | $266,000 | NorthstarMLS |
| Aug 8, 2025 | Listed | $270,000 | NorthstarMLS |
| Sep 16, 2022 | Sold | $242,000 | MLS #6241349 |
| Aug 18, 2022 | Price changed | $234,900 | MLS #6241349 |
| Jul 28, 2022 | Listed | $239,900 | MLS #6241349 |
| Jul 13, 2022 | Price changed | $240,000 | MLS #6219045 |
| Jul 5, 2022 | Price changed | $249,900 | MLS #6219045 |
| Jun 14, 2022 | Listed | $259,900 | MLS #6219045 |
| Sep 28, 2013 | Sold | $122,000 | MLS #4047307 |
| Jul 26, 2013 | Listed | $124,000 | MLS #4047307 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $163,688 | $26,712 | $190,400 | $2,658 |
| 2023 | $159,075 | $27,725 | $186,800 | $3,886 |
| 2022 | $125,491 | $26,709 | $152,200 | $2,614 |
| 2021 | $109,074 | $18,826 | $127,900 | $2,226 |
| 2020 | $109,074 | $18,826 | $127,900 | $1,912 |
| 2019 | $91,455 | $18,145 | $109,600 | $1,888 |
| 2018 | $83,623 | $17,777 | $101,400 | $1,830 |
| 2017 | $78,962 | $17,538 | $96,500 | $1,752 |
| 2016 | $70,921 | $17,079 | $88,000 | $1,762 |
| 2015 | $70,730 | $17,070 | $87,800 | $1,710 |
| 2014 | $71,861 | $17,139 | $89,000 | $1,336 |
| 2013 | $61,638 | $16,462 | $78,100 | $1,386 |
| 2012 | $62,758 | $16,542 | $79,300 | $1,338 |
| 2011 | $63,392 | $18,508 | $81,900 | $1,378 |
| 2010 | $85,700 | $24,700 | $110,400 | $1,398 |
| 2009 | $88,600 | $24,700 | $113,300 | $1,412 |
Property facts
Year built
1965
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,040 sqft
Lot size
8,712 sqft
ZIP code
55944
City
Kasson
Street
1st Ave
Coordinates
44.03383, -92.74664
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
$1,452
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 408 1st Ave last sell?
408 1st Ave most recently sold on Sep 16, 2022 for $242,000.
What is the current tax assessment for 408 1st Ave?
The most recent total assessment for 408 1st Ave (year 2025) is $190,400 with $2,658 in property tax.
How does 408 1st Ave's assessment compare to its last sale price?
The current assessment is 21.3% below the last sale price of $242,000.
When was 408 1st Ave built?
408 1st Ave was built in 1965.
How does 408 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 408 1st Ave?
408 1st Ave is a 3 bed, 2 bath, 2,040 sqft, 8,712 sqft lot single_family.
Is 408 1st Ave a flip candidate?
No — 408 1st Ave does not appear in our flips dataset.
Is 408 1st Ave a tax-appeal candidate?
No — 408 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
+0.8%
Implied 1-yr
+3.2%
2026 Q3
$345.7K
2026 Q4
$348.4K
ZIP 55944 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 1st Ave