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707 2nd St

Litchfield, MN 55355

3 bd 2 ba 1,308 sqft Built 1948 Lot 10,624 sqft single_family
Most recent sale
$185,000
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $185,000 MLS #6240286
Aug 5, 2022 Listed $187,000 MLS #6240286
Dec 17, 2021 Sold $160,000 MLS #6119107
Oct 26, 2021 Listed $169,900 MLS #6119107
Jun 25, 2020 Sold $145,000 MLS #5570321
May 21, 2020 Listed $142,000 MLS #5570321
Sep 16, 2015 Sold $100,000 MLS #4545220
Aug 3, 2015 Sold $100,000 Public Record
Nov 17, 2014 Listed $98,500 MLS #4545220
Nov 8, 2014 Listing removed $98,500 NorthstarMLS
Sep 4, 2014 Price changed $98,500 MLS #4477386
May 7, 2014 Listed $104,900 MLS #4477386
Oct 26, 2013 Listing removed $108,000 NorthstarMLS
Aug 7, 2013 Price changed $108,000 MLS #4359641
Apr 25, 2013 Listed $112,000 MLS #4359641

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $97,920 $1,644
2019 $93,996 $1,366
2018 $95,631 $1,372
2017 $89,091 $1,324
2016 $56,173 $912
2015 $57,300 $57,300 $916
2014 $53,900 $53,900 $792
2013 $57,500 $57,500 $898
2012 $57,600 $57,600 $888
2011 $73,500 $13,500 $87,000 $980
2010 $73,500 $13,500 $87,000 $960
2009 $92,100 $888

Property facts

Year built
1948
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,308 sqft
Lot size
10,624 sqft
ZIP code
55355
City
Litchfield
Street
2nd St
Coordinates
45.12780, -94.51484

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,962
Gross rental yield
12.73%
Implied cap rate
8.27%
Trend-extrapolated value

Frequently asked questions

When did 707 2nd St last sell?
707 2nd St most recently sold on Sep 30, 2022 for $185,000.
What is the current tax assessment for 707 2nd St?
The most recent total assessment for 707 2nd St (year 2020) is $97,920 with $1,644 in property tax.
How does 707 2nd St's assessment compare to its last sale price?
The current assessment is 47.1% below the last sale price of $185,000.
When was 707 2nd St built?
707 2nd St was built in 1948.
How does 707 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 707 2nd St?
707 2nd St is a 3 bed, 2 bath, 1,308 sqft, 10,624 sqft lot single_family.
Is 707 2nd St a flip candidate?
No — 707 2nd St does not appear in our flips dataset.
Is 707 2nd St a tax-appeal candidate?
No — 707 2nd 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
-2.3%
Implied 1-yr
-9.0%
2026 Q3
$189.1K
2026 Q4
$184.1K
ZIP 55355 — Median Price History + Forecast

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