502 Grove St
Minnesota Lake, MN 56068
3 bd 1 ba 1,040 sqft Built 1900 Lot 7,405 sqft single_family
Most recent sale
$25,000
Oct 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 3, 2022 | Sold | $25,000 | MLS #6253918 |
| Aug 26, 2022 | Listed | $35,000 | MLS #6253918 |
| Dec 14, 2012 | Sold | $3,000 | MLS #4041439 |
| Nov 15, 2012 | Listed | $3,000 | MLS #4041439 |
| Aug 14, 2000 | Sold | $38,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $42,800 | $8,300 | $51,100 | $852 |
| 2023 | $16,000 | $6,000 | $22,000 | $434 |
| 2022 | $12,900 | $4,500 | $17,400 | $340 |
| 2021 | $12,900 | $4,500 | $17,400 | $332 |
| 2020 | $12,900 | $4,500 | $17,400 | $282 |
| 2019 | $12,900 | $4,100 | $17,000 | $146 |
| 2018 | $5,500 | $2,500 | $8,000 | $142 |
| 2017 | $5,500 | $2,500 | $8,000 | $180 |
| 2016 | $5,500 | $2,500 | $8,000 | $1,308 |
| 2015 | $5,500 | $2,500 | $8,000 | $204 |
| 2014 | $5,500 | $2,500 | $8,000 | $186 |
| 2013 | $5,500 | $2,500 | $8,000 | $196 |
| 2012 | $5,500 | $2,500 | $8,000 | $204 |
| 2011 | $5,500 | $2,500 | $8,000 | $118 |
Property facts
Year built
1900
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,040 sqft
Lot size
7,405 sqft
ZIP code
56068
City
Minnesota Lake
Street
Grove St
Coordinates
43.84472, -93.83093
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$150
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 502 Grove St last sell?
502 Grove St most recently sold on Oct 3, 2022 for $25,000.
What is the current tax assessment for 502 Grove St?
The most recent total assessment for 502 Grove St (year 2025) is $51,100 with $852 in property tax.
How does 502 Grove St's assessment compare to its last sale price?
The current assessment is 104.4% above the last sale price of $25,000.
When was 502 Grove St built?
502 Grove St was built in 1900.
How does 502 Grove St compare to others on Grove St?
We track 4 other properties on Grove St. Browse the list under "Other properties on Grove St" to compare beds, baths, and sale history.
What are the property facts for 502 Grove St?
502 Grove St is a 3 bed, 1 bath, 1,040 sqft, 7,405 sqft lot single_family.
Is 502 Grove St a flip candidate?
No — 502 Grove St does not appear in our flips dataset.
Is 502 Grove St a tax-appeal candidate?
Yes — 502 Grove St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.8%
Implied 1-yr
+11.3%
2024 Q3
$144.6K
2024 Q4
$148K
ZIP 56068 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Grove St