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42821 221st Ave

Le Center, MN 56057

5 bd 4 ba 4,048 sqft Built 2005 Lot 438,214 sqft single_family
Most recent sale
$620,000
May 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 10, 2022 Listed $649,900 MLS #6152996
May 6, 2022 Sold $620,000 MLS #6152996
Feb 17, 2022 Listed $649,900 MLS #6152996
Nov 21, 2020 Listing removed $419,900 Mankato
Jul 27, 2016 Sold $421,600 Public Record
Jan 1, 2016 Sold $421,600 Public Record
Nov 21, 2015 Listing removed $419,900 Mankato
Sep 11, 2015 Price changed $419,900 MLS #7009357
Aug 12, 2015 Listed $429,900 MLS #7009357

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $414,800 $174,400 $589,200 $5,356
2023 $362,900 $161,400 $524,300 $4,914
2022 $303,100 $131,700 $434,800 $4,560
2021 $410,600 $4,350
2020 $410,600 $4,238
2019 $395,900 $3,912
2018 $218,153 $116,447 $334,600 $3,366
2017 $207,354 $109,546 $316,900 $3,064
2016 $207,354 $109,546 $316,900 $3,150
2015 $207,354 $109,546 $316,900 $3,106
2014 $207,354 $109,546 $316,900 $2,978
2013 $207,354 $109,546 $316,900 $3,162
2012 $220,793 $115,107 $335,900 $3,328
2011 $225,000 $117,300 $342,300 $3,104
2009 $237,300 $117,300 $354,600 $3,130

Property facts

Year built
2005
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
4,048 sqft
Lot size
438,214 sqft
ZIP code
56057
City
Le Center
Street
221st Ave
Coordinates
44.32870, -93.70614

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,072
Gross rental yield
11.75%
Implied cap rate
7.64%
Trend-extrapolated value

Frequently asked questions

When did 42821 221st Ave last sell?
42821 221st Ave most recently sold on May 6, 2022 for $620,000.
What is the current tax assessment for 42821 221st Ave?
The most recent total assessment for 42821 221st Ave (year 2025) is $589,200 with $5,356 in property tax.
How does 42821 221st Ave's assessment compare to its last sale price?
The current assessment is 5.0% below the last sale price of $620,000.
When was 42821 221st Ave built?
42821 221st Ave was built in 2005.
How does 42821 221st Ave compare to others on 221st Ave?
We track 8 other properties on 221st Ave. Browse the list under "Other properties on 221st Ave" to compare beds, baths, and sale history.
What are the property facts for 42821 221st Ave?
42821 221st Ave is a 5 bed, 4 bath, 4,048 sqft, 438,214 sqft lot single_family.
Is 42821 221st Ave a flip candidate?
No — 42821 221st Ave does not appear in our flips dataset.
Is 42821 221st Ave a tax-appeal candidate?
No — 42821 221st 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
-1.5%
Implied 1-yr
-5.9%
2026 Q3
$249.6K
2026 Q4
$245.5K
ZIP 56057 — Median Price History + Forecast

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