391 Lafayette Ave
Lafayette, MN 56054
2 bd 2 ba 1,830 sqft Built 1898 Lot 155,509 sqft single_family
Most recent sale
$214,900
Nov 10, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 20, 2025 | Listing removed | $1,350 | NorthstarMLS |
| Dec 3, 2024 | Price changed | $224,000 | NorthstarMLS |
| Sep 13, 2024 | Price changed | $228,000 | NorthstarMLS |
| Jul 3, 2024 | Listed | $235,000 | NorthstarMLS |
| Nov 10, 2021 | Sold | $214,900 | MLS #6082761 |
| Aug 31, 2021 | Price changed | $214,900 | MLS #7027848 |
| Aug 11, 2021 | Listed | $1 | MLS #7027848 |
| Jan 9, 2012 | Sold | $72,900 | MLS #4097411 |
| Dec 30, 2011 | Sold | $72,500 | MLS #129732 |
| Oct 24, 2011 | Listed | $89,900 | MLS #129732 |
| Oct 21, 2011 | Listed | $89,900 | MLS #4097411 |
| Sep 15, 2011 | Listing removed | $97,900 | Mankato |
| Sep 9, 2011 | Price changed | $97,900 | MLS #127381 |
| May 19, 2011 | Price changed | $107,900 | MLS #127381 |
| Mar 22, 2011 | Listed | $114,900 | MLS #127381 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | $127,400 | $52,500 | $179,900 | $3,182 |
| 2020 | $127,400 | $52,500 | $179,900 | $3,088 |
| 2019 | $127,400 | $52,500 | $179,900 | $2,654 |
| 2018 | $107,600 | $39,400 | $147,000 | $2,372 |
| 2011 | $132,800 | $36,200 | $169,000 | $2,054 |
Property facts
Year built
1898
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,830 sqft
Lot size
155,509 sqft
ZIP code
56054
City
Lafayette
Street
Lafayette Ave
Coordinates
44.44491, -94.39970
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,289
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 391 Lafayette Ave last sell?
391 Lafayette Ave most recently sold on Nov 10, 2021 for $214,900.
What is the current tax assessment for 391 Lafayette Ave?
The most recent total assessment for 391 Lafayette Ave (year 2021) is $179,900 with $3,182 in property tax.
How does 391 Lafayette Ave's assessment compare to its last sale price?
The current assessment is 16.3% below the last sale price of $214,900.
When was 391 Lafayette Ave built?
391 Lafayette Ave was built in 1898.
How does 391 Lafayette Ave compare to others on Lafayette Ave?
We track 8 other properties on Lafayette Ave. Browse the list under "Other properties on Lafayette Ave" to compare beds, baths, and sale history.
What are the property facts for 391 Lafayette Ave?
391 Lafayette Ave is a 2 bed, 2 bath, 1,830 sqft, 155,509 sqft lot single_family.
Is 391 Lafayette Ave a flip candidate?
No — 391 Lafayette Ave does not appear in our flips dataset.
Is 391 Lafayette Ave a tax-appeal candidate?
No — 391 Lafayette 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
+5.7%
Implied 1-yr
+22.8%
2025 Q3
$242K
2025 Q4
$252.1K
ZIP 56054 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lafayette Ave