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702 Gilman Ave

Litchfield, MN 55355

4 bd 2 ba 2,414 sqft Built 1977 Lot 14,401 sqft single_family
Most recent sale
$341,000
Jun 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 24, 2022 Sold $341,000 MLS #6195255
May 13, 2022 Listed $324,900 MLS #6195255
Jul 6, 2018 Sold $230,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $171,604 $2,824
2019 $156,998 $2,252
2018 $158,851 $2,250
2017 $151,548 $2,222
2016 $125,061 $1,976
2015 $118,300 $3,700 $122,000 $1,898
2014 $118,300 $3,700 $122,000 $1,738
2013 $120,700 $3,900 $124,600 $1,886
2012 $141,100 $5,800 $146,900 $2,184
2011 $141,100 $27,800 $168,900 $2,108
2010 $141,100 $27,800 $168,900 $2,070
2009 $168,900 $1,938

Property facts

Year built
1977
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,414 sqft
Lot size
14,401 sqft
ZIP code
55355
City
Litchfield
Street
Gilman Ave
Coordinates
45.11889, -94.51971

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
$3,621
Gross rental yield
12.74%
Implied cap rate
8.28%
Trend-extrapolated value

Frequently asked questions

When did 702 Gilman Ave last sell?
702 Gilman Ave most recently sold on Jun 24, 2022 for $341,000.
What is the current tax assessment for 702 Gilman Ave?
The most recent total assessment for 702 Gilman Ave (year 2020) is $171,604 with $2,824 in property tax.
How does 702 Gilman Ave's assessment compare to its last sale price?
The current assessment is 49.7% below the last sale price of $341,000.
When was 702 Gilman Ave built?
702 Gilman Ave was built in 1977.
How does 702 Gilman Ave compare to others on Gilman Ave?
We track 8 other properties on Gilman Ave. Browse the list under "Other properties on Gilman Ave" to compare beds, baths, and sale history.
What are the property facts for 702 Gilman Ave?
702 Gilman Ave is a 4 bed, 2 bath, 2,414 sqft, 14,401 sqft lot single_family.
Is 702 Gilman Ave a flip candidate?
No — 702 Gilman Ave does not appear in our flips dataset.
Is 702 Gilman Ave a tax-appeal candidate?
No — 702 Gilman 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
-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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