701 2nd Ave
Lester Prairie, MN 55354
3 bd 2 ba 1,604 sqft Built 1953 Lot 7,405 sqft single_family
Most recent sale
$247,000
Nov 18, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 18, 2021 | Sold | $247,000 | MLS #6111477 |
| Oct 21, 2021 | Price changed | $245,000 | MLS #6111477 |
| Oct 9, 2021 | Listed | $220,000 | MLS #6111477 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $164,200 | $51,800 | $216,000 | $2,962 |
| 2025 | $142,900 | $45,200 | $188,100 | $2,614 |
| 2024 | $142,900 | $62,200 | $205,100 | $3,092 |
| 2023 | $125,200 | $56,200 | $181,400 | $2,850 |
| 2022 | $92,741 | $43,759 | $136,500 | $2,774 |
| 2021 | $80,763 | $38,637 | $119,400 | $2,552 |
| 2020 | $80,763 | $38,637 | $119,400 | $2,404 |
| 2019 | $74,442 | $34,258 | $108,700 | $1,824 |
| 2018 | $71,285 | $32,315 | $103,600 | $1,622 |
| 2017 | $60,592 | $28,108 | $88,700 | $1,562 |
| 2016 | $57,544 | $26,356 | $83,900 | $1,090 |
| 2015 | $41,158 | $11,842 | $53,000 | $938 |
| 2014 | $38,280 | $10,920 | $49,200 | $1,016 |
| 2013 | $61,700 | $17,600 | $79,300 | $1,082 |
| 2012 | — | — | $49,200 | $1,102 |
| 2011 | — | — | $103,000 | $1,418 |
| 2010 | — | — | $125,200 | $1,600 |
| 2009 | — | — | $131,300 | $1,646 |
Property facts
Year built
1953
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,604 sqft
Lot size
7,405 sqft
ZIP code
55354
City
Lester Prairie
Street
2nd Ave
Coordinates
44.88760, -94.03914
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,406
Gross rental yield
11.69%
Implied cap rate
7.60%
Trend-extrapolated value
—
Frequently asked questions
When did 701 2nd Ave last sell?
701 2nd Ave most recently sold on Nov 18, 2021 for $247,000.
What is the current tax assessment for 701 2nd Ave?
The most recent total assessment for 701 2nd Ave (year 2026) is $216,000 with $2,962 in property tax.
How does 701 2nd Ave's assessment compare to its last sale price?
The current assessment is 12.6% below the last sale price of $247,000.
When was 701 2nd Ave built?
701 2nd Ave was built in 1953.
How does 701 2nd Ave compare to others on 2nd Ave?
We track 8 other properties on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 701 2nd Ave?
701 2nd Ave is a 3 bed, 2 bath, 1,604 sqft, 7,405 sqft lot single_family.
Is 701 2nd Ave a flip candidate?
No — 701 2nd Ave does not appear in our flips dataset.
Is 701 2nd Ave a tax-appeal candidate?
No — 701 2nd 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
+1.1%
Implied 1-yr
+4.2%
2026 Q1
$333.4K
2026 Q2
$336.7K
ZIP 55354 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 2nd Ave