40881 10th Ave
Nerstrand, MN 55053
3 bd 2 ba 1,872 sqft Built 1914 Lot 217,800 sqft single_family
Most recent sale
$400,000
Jun 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 23, 2022 | Sold | $400,000 | MLS #6164635 |
| Apr 13, 2022 | Listed | $395,000 | MLS #6164635 |
| Dec 14, 2009 | Sold | $783,250 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $252,982 | $2,164 |
| 2024 | — | — | $255,200 | $2,276 |
| 2023 | $138,288 | $98,912 | $237,200 | $2,250 |
| 2022 | $116,315 | $82,185 | $198,500 | $1,654 |
| 2021 | $117,215 | $566,285 | $683,500 | $2,908 |
| 2020 | $112,327 | $565,873 | $678,200 | $2,942 |
| 2019 | $114,026 | $589,174 | $703,200 | $3,088 |
| 2018 | $98,557 | $525,243 | $623,800 | $2,566 |
| 2017 | $94,521 | $524,879 | $619,400 | $2,642 |
| 2016 | — | — | $626,200 | $2,570 |
| 2015 | — | — | $637,800 | $2,650 |
| 2014 | $95,056 | $548,144 | $643,200 | $2,878 |
| 2013 | $94,132 | $421,668 | $515,800 | $2,644 |
| 2012 | $94,632 | $372,068 | $466,700 | $2,572 |
| 2011 | $112,900 | $357,100 | $470,000 | $2,312 |
| 2008 | — | — | $436,200 | $2,732 |
| 2006 | — | — | $362,400 | $2,470 |
Property facts
Year built
1914
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,872 sqft
Lot size
217,800 sqft
ZIP code
55053
City
Nerstrand
Street
10th Ave
Coordinates
44.35798, -93.02126
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,808
Gross rental yield
8.42%
Implied cap rate
5.48%
Trend-extrapolated value
—
Frequently asked questions
When did 40881 10th Ave last sell?
40881 10th Ave most recently sold on Jun 23, 2022 for $400,000.
What is the current tax assessment for 40881 10th Ave?
The most recent total assessment for 40881 10th Ave (year 2025) is $252,982 with $2,164 in property tax.
How does 40881 10th Ave's assessment compare to its last sale price?
The current assessment is 36.8% below the last sale price of $400,000.
When was 40881 10th Ave built?
40881 10th Ave was built in 1914.
How does 40881 10th Ave compare to others on 10th Ave?
We do not currently track other properties on 10th Ave.
What are the property facts for 40881 10th Ave?
40881 10th Ave is a 3 bed, 2 bath, 1,872 sqft, 217,800 sqft lot single_family.
Is 40881 10th Ave a flip candidate?
No — 40881 10th Ave does not appear in our flips dataset.
Is 40881 10th Ave a tax-appeal candidate?
No — 40881 10th Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.8%
Implied 1-yr
+3.3%
2024 Q4
$446.3K
2025 Q1
$446.3K
ZIP 55053 — Median Price History + Forecast
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Geography