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591 Main Ave

Lafayette, MN 56054

3 bd 1 ba 1,860 sqft Built 1920 Lot 11,892 sqft single_family
Most recent sale
$124,000
Feb 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 18, 2023 Sold $159,000 NorthstarMLS
Feb 17, 2022 Sold $124,000 MLS #6107419
Dec 2, 2021 Price changed $124,900 MLS #6107419
Oct 8, 2021 Listed $134,900 MLS #6107419
Feb 4, 2014 Sold $69,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $84,500 $2,010
2019 $84,500 $1,530
2011 $76,200 $7,700 $83,900 $842

Property facts

Year built
1920
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,860 sqft
Lot size
11,892 sqft
ZIP code
56054
City
Lafayette
Street
Main Ave
Coordinates
44.44636, -94.39703

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$744
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 591 Main Ave last sell?
591 Main Ave most recently sold on Feb 17, 2022 for $124,000.
What is the current tax assessment for 591 Main Ave?
The most recent total assessment for 591 Main Ave (year 2020) is $84,500 with $2,010 in property tax.
How does 591 Main Ave's assessment compare to its last sale price?
The current assessment is 31.9% below the last sale price of $124,000.
When was 591 Main Ave built?
591 Main Ave was built in 1920.
How does 591 Main Ave compare to others on Main Ave?
We track 8 other properties on Main Ave. Browse the list under "Other properties on Main Ave" to compare beds, baths, and sale history.
What are the property facts for 591 Main Ave?
591 Main Ave is a 3 bed, 1 bath, 1,860 sqft, 11,892 sqft lot single_family.
Is 591 Main Ave a flip candidate?
Yes — 591 Main Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 591 Main Ave a tax-appeal candidate?
No — 591 Main Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.7%
Implied 1-yr
+22.8%
2025 Q3
$242K
2025 Q4
$252.1K
ZIP 56054 — Median Price History + Forecast

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