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502 12th St

Montevideo, MN 56265

3 bd 4 ba 2,979 sqft Built 1961 Lot 11,761 sqft single_family
Most recent sale
$390,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2022 Sold $390,000 MLS #6183959
Apr 26, 2022 Listed $390,000 MLS #6183959
Oct 16, 2009 Sold $83,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $64,794 $1,706 $66,500 $1,118
2024 $64,794 $1,706 $66,500 $1,038
2023 $18,537 $563 $19,100 $356
2022 $242,142 $8,923 $251,065 $4,376
2021 $228,092 $8,476 $236,568 $4,120
2020 $228,092 $8,476 $236,568 $3,552
2019 $194,035 $7,544 $201,579 $3,530
2018 $192,193 $7,533 $199,726 $3,364
2017 $188,617 $7,512 $196,129 $3,358
2016 $188,617 $7,512 $196,129 $3,268
2015 $189,000 $7,500 $196,500 $3,050
2014 $177,800 $7,400 $185,200 $3,052
2013 $177,800 $7,400 $185,200 $3,364
2012 $183,100 $7,500 $190,600 $3,556
2011 $185,700 $6,900 $192,600 $972
2010 $74,000 $7,600 $81,600 $780
2009 $68,200 $852

Property facts

Year built
1961
Property type
single_family
Stories
1
Beds
3
Baths
4
Living area
2,979 sqft
Lot size
11,761 sqft
ZIP code
56265
City
Montevideo
Street
12th St
Coordinates
44.94140, -95.71163

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
$4,469
Gross rental yield
13.75%
Implied cap rate
8.94%
Trend-extrapolated value

Frequently asked questions

When did 502 12th St last sell?
502 12th St most recently sold on Jun 30, 2022 for $390,000.
What is the current tax assessment for 502 12th St?
The most recent total assessment for 502 12th St (year 2025) is $66,500 with $1,118 in property tax.
How does 502 12th St's assessment compare to its last sale price?
The current assessment is 82.9% below the last sale price of $390,000.
When was 502 12th St built?
502 12th St was built in 1961.
How does 502 12th St compare to others on 12th St?
We track 8 other properties on 12th St. Browse the list under "Other properties on 12th St" to compare beds, baths, and sale history.
What are the property facts for 502 12th St?
502 12th St is a 3 bed, 4 bath, 2,979 sqft, 11,761 sqft lot single_family.
Is 502 12th St a flip candidate?
No — 502 12th St does not appear in our flips dataset.
Is 502 12th St a tax-appeal candidate?
No — 502 12th St 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
-1.1%
Implied 1-yr
-4.5%
2026 Q3
$186.8K
2026 Q4
$184.5K
ZIP 56265 — Median Price History + Forecast

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