553 1st St
Montevideo, MN 56265
2 bd 1 ba 1,335 sqft Built 1930 Lot 6,578 sqft single_family
Most recent sale
$83,500
Apr 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 15, 2022 | Sold | $83,500 | MLS #6097329 |
| Nov 13, 2021 | Price changed | $85,000 | MLS #6097329 |
| Sep 9, 2021 | Listed | $89,000 | MLS #6097329 |
| Oct 1, 2007 | Sold | $39,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $40,680 | $1,080 | $41,760 | $768 |
| 2024 | $36,900 | $1,080 | $37,980 | $650 |
| 2023 | $27,360 | $1,080 | $28,440 | $546 |
| 2022 | $46,400 | $1,800 | $48,200 | $852 |
| 2021 | $43,300 | $1,900 | $45,200 | $798 |
| 2020 | $37,400 | $1,700 | $39,100 | $1,580 |
| 2019 | $37,000 | $1,700 | $38,700 | $1,554 |
| 2018 | $37,000 | $1,700 | $38,700 | $1,498 |
| 2017 | $37,000 | $1,700 | $38,700 | $1,492 |
| 2016 | $36,700 | $1,700 | $38,400 | $900 |
| 2015 | $36,700 | $1,700 | $38,400 | $1,136 |
| 2014 | $30,800 | $1,700 | $32,500 | $610 |
| 2013 | $19,000 | $1,000 | $20,000 | $1,088 |
| 2012 | $19,300 | $900 | $20,200 | $1,102 |
| 2011 | $30,900 | $1,500 | $32,400 | $988 |
| 2010 | — | — | $32,400 | $746 |
Property facts
Year built
1930
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,335 sqft
Lot size
6,578 sqft
ZIP code
56265
City
Montevideo
Street
1st St
Coordinates
44.93907, -95.72273
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$501
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 553 1st St last sell?
553 1st St most recently sold on Apr 15, 2022 for $83,500.
What is the current tax assessment for 553 1st St?
The most recent total assessment for 553 1st St (year 2025) is $41,760 with $768 in property tax.
How does 553 1st St's assessment compare to its last sale price?
The current assessment is 50.0% below the last sale price of $83,500.
When was 553 1st St built?
553 1st St was built in 1930.
How does 553 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 553 1st St?
553 1st St is a 2 bed, 1 bath, 1,335 sqft, 6,578 sqft lot single_family.
Is 553 1st St a flip candidate?
No — 553 1st St does not appear in our flips dataset.
Is 553 1st St a tax-appeal candidate?
No — 553 1st St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.1%
Implied 1-yr
-4.5%
2026 Q3
$186.8K
2026 Q4
$184.5K
ZIP 56265 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 1st St