511 Lafayette Ave
Lafayette, MN 56054
3 bd 1 ba 1,480 sqft Built 1957 Lot 9,148 sqft single_family
Most recent sale
$156,000
May 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 13, 2022 | Sold | $165,000 | Public Record |
| May 31, 2022 | Sold | $156,000 | MLS #6175312 |
| Apr 6, 2022 | Listed | $152,000 | MLS #6175312 |
| Dec 31, 2019 | Listing removed | $89,900 | Mankato |
| Oct 30, 2015 | Sold | $95,501 | Public Record |
| Jan 1, 2015 | Sold | $95,501 | Public Record |
| Dec 3, 2014 | Listing removed | $89,900 | Mankato |
| Jul 29, 2014 | Price changed | $89,900 | MLS #7005335 |
| Jul 7, 2014 | Price changed | $94,900 | MLS #7005335 |
| May 16, 2014 | Listed | $99,900 | MLS #7005335 |
| Nov 3, 2006 | Sold | $79,900 | Public Record |
| Mar 15, 2005 | Sold | $64,720 | Public Record |
| Oct 29, 2004 | Sold | $59,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $113,400 | $1,878 |
| 2023 | — | — | $110,200 | $1,732 |
| 2022 | — | — | $83,300 | $1,908 |
| 2021 | — | — | $64,500 | $1,692 |
| 2020 | — | — | $64,500 | $1,672 |
| 2019 | — | — | $64,500 | $1,584 |
| 2018 | — | — | $46,500 | $1,350 |
| 2017 | — | — | $43,100 | $1,306 |
| 2016 | — | — | $43,100 | $1,310 |
| 2015 | — | — | $43,100 | $1,294 |
| 2014 | — | — | $43,100 | $1,284 |
| 2013 | — | — | $45,700 | $1,362 |
| 2011 | $68,900 | $6,200 | $75,100 | $722 |
Property facts
Year built
1957
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,480 sqft
Lot size
9,148 sqft
ZIP code
56054
City
Lafayette
Street
Lafayette Ave
Coordinates
44.44539, -94.39797
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$936
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 511 Lafayette Ave last sell?
511 Lafayette Ave most recently sold on May 31, 2022 for $156,000.
What is the current tax assessment for 511 Lafayette Ave?
The most recent total assessment for 511 Lafayette Ave (year 2025) is $113,400 with $1,878 in property tax.
How does 511 Lafayette Ave's assessment compare to its last sale price?
The current assessment is 27.3% below the last sale price of $156,000.
When was 511 Lafayette Ave built?
511 Lafayette Ave was built in 1957.
How does 511 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 511 Lafayette Ave?
511 Lafayette Ave is a 3 bed, 1 bath, 1,480 sqft, 9,148 sqft lot single_family.
Is 511 Lafayette Ave a flip candidate?
No — 511 Lafayette Ave does not appear in our flips dataset.
Is 511 Lafayette Ave a tax-appeal candidate?
No — 511 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