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520 2nd Ave

Milaca, MN 56353

3 bd 3 ba 1,958 sqft Built 1915 Lot 5,663 sqft single_family
Most recent sale
$240,000
May 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 16, 2022 Sold $240,000 MLS #6161176
Mar 9, 2022 Listed $240,000 MLS #6161176
Sep 19, 2017 Listing removed $159,900 NorthstarMLS
Sep 16, 2015 Sold $99,500 MLS #4613774
Aug 14, 2015 Sold $99,500 Public Record
Jun 19, 2015 Listed $101,800 MLS #4613774
Jan 1, 2015 Sold $99,500 Public Record
Jun 1, 2007 Sold $152,000 Public Record
Nov 14, 2006 Listed $159,900 MLS #3293892
Apr 1, 2006 Sold $101,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $115,586 $1,722
2023 $120,082 $1,714
2022 $81,714 $1,454
2021 $65,577 $1,224
2020 $61,435 $1,226
2019 $51,625 $1,020
2018 $49,318 $998
2017 $46,157 $972
2016 $42,161 $892
2015 $38,200 $928
2014 $31,500 $676
2013 $31,900 $680
2012 $37,500 $728
2011 $57,300 $17,800 $75,100 $932
2010 $57,300 $17,800 $75,100 $964

Property facts

Year built
1915
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,958 sqft
Lot size
5,663 sqft
ZIP code
56353
City
Milaca
Street
2nd Ave
Coordinates
45.74985, -93.64907

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,440
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 520 2nd Ave last sell?
520 2nd Ave most recently sold on May 16, 2022 for $240,000.
What is the current tax assessment for 520 2nd Ave?
The most recent total assessment for 520 2nd Ave (year 2025) is $115,586 with $1,722 in property tax.
How does 520 2nd Ave's assessment compare to its last sale price?
The current assessment is 51.8% below the last sale price of $240,000.
When was 520 2nd Ave built?
520 2nd Ave was built in 1915.
How does 520 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 520 2nd Ave?
520 2nd Ave is a 3 bed, 3 bath, 1,958 sqft, 5,663 sqft lot single_family.
Is 520 2nd Ave a flip candidate?
No — 520 2nd Ave does not appear in our flips dataset.
Is 520 2nd Ave a tax-appeal candidate?
No — 520 2nd 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
+0.2%
Implied 1-yr
+1.0%
2026 Q3
$292.8K
2026 Q4
$293.5K
ZIP 56353 — Median Price History + Forecast

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