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2224 Homestead Rd

Nelson, MN 56355

4 bd 3 ba 1,892 sqft Built 1998 Lot 108,900 sqft single_family
Most recent sale
$287,000
Aug 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 19, 2022 Sold $287,000 MLS #6203652
Jun 10, 2022 Price changed $314,900 MLS #6203652
May 28, 2022 Listed $324,900 MLS #6203652
Aug 9, 2020 Listing removed $194,250 NorthstarMLS
Nov 13, 2017 Listing removed $194,250 GreaterAlexandria
Nov 10, 2017 Listed $194,250 MLS #10-23790

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $192,096 $2,008
2019 $186,537 $1,886
2018 $180,760 $1,662
2017 $161,903 $1,550
2016 $157,325 $1,566
2015 $150,349 $1,538
2014 $145,100 $1,512
2013 $141,600 $1,498
2012 $139,900 $1,466
2011 $140,000 $30,300 $170,300 $1,150
2010 $140,000 $30,300 $170,300 $1,204

Property facts

Year built
1998
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
1,892 sqft
Lot size
108,900 sqft
ZIP code
56355
City
Nelson
Street
Homestead Rd
Coordinates
45.91528, -95.27987

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,838
Gross rental yield
11.87%
Implied cap rate
7.71%
Trend-extrapolated value

Frequently asked questions

When did 2224 Homestead Rd last sell?
2224 Homestead Rd most recently sold on Aug 19, 2022 for $287,000.
What is the current tax assessment for 2224 Homestead Rd?
The most recent total assessment for 2224 Homestead Rd (year 2020) is $192,096 with $2,008 in property tax.
How does 2224 Homestead Rd's assessment compare to its last sale price?
The current assessment is 33.1% below the last sale price of $287,000.
When was 2224 Homestead Rd built?
2224 Homestead Rd was built in 1998.
How does 2224 Homestead Rd compare to others on Homestead Rd?
We track 5 other properties on Homestead Rd. Browse the list under "Other properties on Homestead Rd" to compare beds, baths, and sale history.
What are the property facts for 2224 Homestead Rd?
2224 Homestead Rd is a 4 bed, 3 bath, 1,892 sqft, 108,900 sqft lot single_family.
Is 2224 Homestead Rd a flip candidate?
No — 2224 Homestead Rd does not appear in our flips dataset.
Is 2224 Homestead Rd a tax-appeal candidate?
No — 2224 Homestead Rd 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
+0.0%
Implied 1-yr
+0.1%
2026 Q3
$209.8K
2026 Q4
$209.8K
ZIP 56355 — Median Price History + Forecast

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