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399 2nd St

Morristown, MN 55052

3 bd 2 ba 1,502 sqft Built 1955 Lot 12,632 sqft single_family
Most recent sale
$271,000
Aug 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 2, 2022 Sold $271,000 MLS #6177324
May 11, 2022 Price changed $285,000 MLS #6177324
May 3, 2022 Price changed $290,000 MLS #6177324
Apr 11, 2022 Listed $295,000 MLS #6177324
Sep 13, 2017 Sold $169,952 Public Record
Dec 20, 2004 Sold $125,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $220,400 $3,590
2023 $155,100 $2,524
2022 $134,300 $2,256
2021 $137,400 $2,312
2020 $136,100 $2,350
2019 $121,600 $2,208
2018 $105,500 $1,872
2017 $98,900 $1,762
2016 $91,400 $1,708
2015 $89,400 $1,420
2014 $76,200 $1,328
2013 $76,400 $1,352
2012 $88,900 $1,396
2011 $144,000 $1,516
2010 $144,000 $1,454
2009 $137,400 $1,092
2006 $129,600 $934
2005 $117,200 $822

Property facts

Year built
1955
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,502 sqft
Lot size
12,632 sqft
ZIP code
55052
City
Morristown
Street
2nd St
Coordinates
44.22287, -93.44632

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
$2,253
Gross rental yield
9.98%
Implied cap rate
6.48%
Trend-extrapolated value

Frequently asked questions

When did 399 2nd St last sell?
399 2nd St most recently sold on Aug 2, 2022 for $271,000.
What is the current tax assessment for 399 2nd St?
The most recent total assessment for 399 2nd St (year 2025) is $220,400 with $3,590 in property tax.
How does 399 2nd St's assessment compare to its last sale price?
The current assessment is 18.7% below the last sale price of $271,000.
When was 399 2nd St built?
399 2nd St was built in 1955.
How does 399 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 399 2nd St?
399 2nd St is a 3 bed, 2 bath, 1,502 sqft, 12,632 sqft lot single_family.
Is 399 2nd St a flip candidate?
No — 399 2nd St does not appear in our flips dataset.
Is 399 2nd St a tax-appeal candidate?
No — 399 2nd 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
+7.3%
Implied 1-yr
+29.3%
2026 Q2
$395.8K
2026 Q3
$415.5K
ZIP 55052 — Median Price History + Forecast

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