55 Homestead Rd
Nelson, MN 56355
5 bd 4 ba 4,738 sqft Built 2008 Lot 189,486 sqft single_family
Most recent sale
$699,900
Mar 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 25, 2022 | Sold | $699,900 | MLS #6124072 |
| Nov 19, 2021 | Listed | $699,900 | MLS #6124072 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $766,900 | $50,300 | $817,200 | $6,846 |
| 2025 | $721,300 | $50,300 | $771,600 | $6,566 |
| 2024 | $671,100 | $41,300 | $712,400 | $6,390 |
| 2023 | $637,100 | $34,600 | $671,700 | $6,222 |
| 2022 | $539,700 | $29,000 | $568,700 | $5,606 |
| 2021 | $499,500 | $27,200 | $526,700 | $5,250 |
| 2020 | $487,500 | $27,200 | $514,700 | $5,240 |
| 2019 | $459,500 | $27,200 | $486,700 | $4,782 |
| 2018 | $409,300 | $27,200 | $436,500 | $4,258 |
| 2011 | $303,900 | $28,800 | $332,700 | $2,618 |
Property facts
Year built
2008
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
4,738 sqft
Lot size
189,486 sqft
ZIP code
56355
City
Nelson
Street
Homestead Rd
Coordinates
45.88995, -95.27819
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$7,107
Gross rental yield
12.19%
Implied cap rate
7.92%
Trend-extrapolated value
—
Frequently asked questions
When did 55 Homestead Rd last sell?
55 Homestead Rd most recently sold on Mar 25, 2022 for $699,900.
What is the current tax assessment for 55 Homestead Rd?
The most recent total assessment for 55 Homestead Rd (year 2026) is $817,200 with $6,846 in property tax.
How does 55 Homestead Rd's assessment compare to its last sale price?
The current assessment is 16.8% above the last sale price of $699,900.
When was 55 Homestead Rd built?
55 Homestead Rd was built in 2008.
How does 55 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 55 Homestead Rd?
55 Homestead Rd is a 5 bed, 4 bath, 4,738 sqft, 189,486 sqft lot single_family.
Is 55 Homestead Rd a flip candidate?
No — 55 Homestead Rd does not appear in our flips dataset.
Is 55 Homestead Rd a tax-appeal candidate?
Yes — 55 Homestead Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.0%
Implied 1-yr
+0.1%
2026 Q3
$209.8K
2026 Q4
$209.8K
ZIP 56355 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Homestead Rd