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531 Main St

Lake Crystal, MN 56055

1 bd 1 ba 625 sqft Built 1930 Lot 7,405 sqft single_family
Most recent sale
$94,900
Feb 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 25, 2022 Sold $94,900 MLS #7028102
Jan 19, 2022 Price changed $94,900 MLS #7028102
Nov 8, 2021 Price changed $99,900 MLS #7028102
Oct 28, 2021 Price changed $104,900 MLS #7028102
Oct 12, 2021 Price changed $109,900 MLS #7028102
Sep 27, 2021 Price changed $114,900 MLS #7028102
Sep 14, 2021 Price changed $119,900 MLS #7028102
Sep 9, 2021 Listed $124,900 MLS #7028102
May 31, 2018 Sold $35,750 MLS #7017474
May 15, 2018 Relisted $39,900 MLS #7017474
May 9, 2018 Listing removed $39,900 Mankato
Apr 28, 2018 Listed $39,900 MLS #7017474
Feb 14, 2008 Sold $38,000 Public Record
Aug 2, 2000 Sold $31,500 Public Record
Jul 26, 1999 Sold $28,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $50,100 $14,900 $65,000 $942
2021 $46,400 $14,900 $61,300 $906
2020 $46,400 $14,900 $61,300 $890
2019 $44,900 $14,900 $59,800 $520
2018 $32,000 $502
2017 $24,200 $7,400 $31,600 $512
2016 $22,900 $7,400 $30,300 $516
2015 $21,600 $7,400 $29,000 $516
2014 $21,900 $7,400 $29,300 $454
2013 $17,800 $7,500 $25,300 $494
2012 $17,800 $7,500 $25,300 $480
2011 $18,700 $7,500 $26,200 $522
2009 $28,800 $12,400 $41,200 $434

Property facts

Year built
1930
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
625 sqft
Lot size
7,405 sqft
ZIP code
56055
City
Lake Crystal
Street
Main St
Coordinates
44.10233, -94.21896

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$938
Gross rental yield
11.86%
Implied cap rate
7.71%
Trend-extrapolated value

Frequently asked questions

When did 531 Main St last sell?
531 Main St most recently sold on Feb 25, 2022 for $94,900.
What is the current tax assessment for 531 Main St?
The most recent total assessment for 531 Main St (year 2022) is $65,000 with $942 in property tax.
How does 531 Main St's assessment compare to its last sale price?
The current assessment is 31.5% below the last sale price of $94,900.
When was 531 Main St built?
531 Main St was built in 1930.
How does 531 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 531 Main St?
531 Main St is a 1 bed, 1 bath, 625 sqft, 7,405 sqft lot single_family.
Is 531 Main St a flip candidate?
No — 531 Main St does not appear in our flips dataset.
Is 531 Main St a tax-appeal candidate?
No — 531 Main St 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
-1.0%
Implied 1-yr
-3.9%
2026 Q2
$217.6K
2026 Q3
$215.3K
ZIP 56055 — Median Price History + Forecast

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