516 5th St
Litchfield, MN 55355
4 bd 1 ba 1,622 sqft Built 1944 Lot 13,547 sqft single_family
Most recent sale
$182,000
Sep 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 29, 2022 | Sold | $182,000 | MLS #6248799 |
| Aug 15, 2022 | Listed | $174,900 | MLS #6248799 |
| Feb 25, 2019 | Listing removed | $86,000 | NorthstarMLS |
| May 10, 2013 | Sold | $47,700 | MLS #6001706 |
| Apr 4, 2013 | Price changed | $47,700 | MLS #6001706 |
| Feb 8, 2013 | Listed | $53,000 | MLS #6001706 |
| Oct 6, 2011 | Listing removed | $86,000 | Willmar |
| Jan 13, 2011 | Relisted | $86,000 | MLS #17632 |
| Oct 6, 2010 | Listing removed | $99,500 | Willmar |
| Oct 5, 2005 | Listed | $86,000 | MLS #5155932 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $78,700 | $1,180 |
| 2019 | — | — | $72,800 | $998 |
| 2018 | — | — | $70,400 | $996 |
| 2017 | $46,400 | $24,800 | $71,200 | $942 |
| 2016 | $41,400 | $23,600 | $65,000 | $916 |
| 2015 | $35,300 | $23,600 | $58,900 | $976 |
| 2014 | $40,300 | $23,600 | $63,900 | $906 |
| 2013 | $41,200 | $23,600 | $64,800 | $986 |
| 2012 | $42,800 | $23,600 | $66,400 | $818 |
| 2011 | $59,300 | $23,300 | $82,600 | $906 |
| 2010 | $63,700 | $18,900 | $82,600 | $886 |
| 2009 | $63,700 | $23,300 | $87,000 | $818 |
Property facts
Year built
1944
Property type
single_family
Stories
1
Beds
4
Baths
1
Living area
1,622 sqft
Lot size
13,547 sqft
ZIP code
55355
City
Litchfield
Street
5th St
Coordinates
45.13074, -94.51851
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,092
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 516 5th St last sell?
516 5th St most recently sold on Sep 29, 2022 for $182,000.
What is the current tax assessment for 516 5th St?
The most recent total assessment for 516 5th St (year 2020) is $78,700 with $1,180 in property tax.
How does 516 5th St's assessment compare to its last sale price?
The current assessment is 56.8% below the last sale price of $182,000.
When was 516 5th St built?
516 5th St was built in 1944.
How does 516 5th St compare to others on 5th St?
We track 8 other properties on 5th St. Browse the list under "Other properties on 5th St" to compare beds, baths, and sale history.
What are the property facts for 516 5th St?
516 5th St is a 4 bed, 1 bath, 1,622 sqft, 13,547 sqft lot single_family.
Is 516 5th St a flip candidate?
No — 516 5th St does not appear in our flips dataset.
Is 516 5th St a tax-appeal candidate?
No — 516 5th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.3%
Implied 1-yr
-9.0%
2026 Q3
$189.1K
2026 Q4
$184.1K
ZIP 55355 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 5th St