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118 5th St

Montevideo, MN 56265

2 bd 2 ba 1,104 sqft Built 1912 Lot 3,006 sqft single_family
Most recent sale
$65,000
May 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 16, 2022 Sold $65,000 MLS #6082460
Aug 10, 2021 Listed $80,000 MLS #6082460

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $34,800 $1,440 $36,240 $670
2024 $35,220 $1,440 $36,660 $628
2023 $25,560 $1,440 $27,000 $520
2022 $35,700 $2,400 $38,100 $678
2021 $33,000 $2,300 $35,300 $628
2020 $29,300 $2,100 $31,400 $564
2019 $25,900 $2,100 $28,000 $506
2018 $24,900 $2,100 $27,000 $476
2017 $23,200 $2,100 $25,300 $446
2016 $23,500 $2,100 $25,600 $438
2015 $22,200 $2,100 $24,300 $412
2014 $22,200 $2,100 $24,300 $412
2013 $24,400 $2,100 $26,500 $478
2012 $24,700 $2,000 $26,700 $504
2011 $29,700 $2,000 $31,700 $506
2010 $31,700 $500

Property facts

Year built
1912
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,104 sqft
Lot size
3,006 sqft
ZIP code
56265
City
Montevideo
Street
5th St
Coordinates
44.94483, -95.72024

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$390
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 118 5th St last sell?
118 5th St most recently sold on May 16, 2022 for $65,000.
What is the current tax assessment for 118 5th St?
The most recent total assessment for 118 5th St (year 2025) is $36,240 with $670 in property tax.
How does 118 5th St's assessment compare to its last sale price?
The current assessment is 44.2% below the last sale price of $65,000.
When was 118 5th St built?
118 5th St was built in 1912.
How does 118 5th St compare to others on 5th St?
We track 8 other properties on 5th St. Browse the list under "Other properties on 5th St" to compare beds, baths, and sale history.
What are the property facts for 118 5th St?
118 5th St is a 2 bed, 2 bath, 1,104 sqft, 3,006 sqft lot single_family.
Is 118 5th St a flip candidate?
No — 118 5th St does not appear in our flips dataset.
Is 118 5th St a tax-appeal candidate?
No — 118 5th 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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