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540 Central Ave

Milaca, MN 56353

3 bd 2 ba 1,394 sqft Built 1930 Lot 22,085 sqft single_family
Most recent sale
$125,000
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 22, 2022 Sold $125,000 MLS #6195168
May 13, 2022 Listed $122,000 MLS #6195168
Nov 18, 2016 Sold $134,900 MLS #4755742
Sep 12, 2016 Price changed $134,900 MLS #4755742
Aug 29, 2016 Listed $139,900 MLS #4755742
Jan 1, 2016 Sold $131,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $108,300 $28,000 $136,300 $2,352
2020 $111,981 $2,080
2019 $106,422 $1,794
2018 $92,470 $1,768
2017 $89,091 $1,754
2016 $85,167 $2,150
2015 $82,100 $24,300 $106,400 $2,084
2014 $76,600 $24,300 $100,900 $1,808
2013 $61,800 $24,300 $86,100 $1,824
2012 $62,500 $24,300 $86,800 $1,856
2011 $63,100 $34,000 $97,100 $1,928
2010 $76,800 $41,300 $118,100 $1,908

Property facts

Year built
1930
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,394 sqft
Lot size
22,085 sqft
ZIP code
56353
City
Milaca
Street
Central Ave
Coordinates
45.76044, -93.65334

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
$750
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 540 Central Ave last sell?
540 Central Ave most recently sold on Jul 22, 2022 for $125,000.
What is the current tax assessment for 540 Central Ave?
The most recent total assessment for 540 Central Ave (year 2022) is $136,300 with $2,352 in property tax.
How does 540 Central Ave's assessment compare to its last sale price?
The current assessment is 9.0% above the last sale price of $125,000.
When was 540 Central Ave built?
540 Central Ave was built in 1930.
How does 540 Central Ave compare to others on Central Ave?
We track 8 other properties on Central Ave. Browse the list under "Other properties on Central Ave" to compare beds, baths, and sale history.
What are the property facts for 540 Central Ave?
540 Central Ave is a 3 bed, 2 bath, 1,394 sqft, 22,085 sqft lot single_family.
Is 540 Central Ave a flip candidate?
No — 540 Central Ave does not appear in our flips dataset.
Is 540 Central Ave a tax-appeal candidate?
No — 540 Central 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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