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321 1st St

Nerstrand, MN 55053

3 bd 2 ba 1,360 sqft Built 1900 Lot 9,801 sqft single_family
Most recent sale
$220,000
May 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 23, 2022 Sold $220,000 MLS #6169363
Mar 25, 2022 Listed $220,000 MLS #6169363

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $163,100 $1,914
2023 $138,200 $1,770
2022 $109,000 $1,484
2021 $106,500 $1,440
2020 $97,800 $1,312
2019 $86,000 $1,148
2018 $81,400 $1,118
2017 $79,100 $1,108
2016 $71,400 $1,030
2015 $70,200 $924
2014 $66,700 $962
2013 $66,700 $840
2012 $73,500 $794
2011 $118,300 $800
2010 $118,300 $738
2009 $126,300 $682
2006 $121,900 $812
2005 $92,200 $516

Property facts

Year built
1900
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,360 sqft
Lot size
9,801 sqft
ZIP code
55053
City
Nerstrand
Street
1st St
Coordinates
44.34065, -93.06567

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,040
Gross rental yield
11.13%
Implied cap rate
7.23%
Trend-extrapolated value

Frequently asked questions

When did 321 1st St last sell?
321 1st St most recently sold on May 23, 2022 for $220,000.
What is the current tax assessment for 321 1st St?
The most recent total assessment for 321 1st St (year 2025) is $163,100 with $1,914 in property tax.
How does 321 1st St's assessment compare to its last sale price?
The current assessment is 25.9% below the last sale price of $220,000.
When was 321 1st St built?
321 1st St was built in 1900.
How does 321 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 321 1st St?
321 1st St is a 3 bed, 2 bath, 1,360 sqft, 9,801 sqft lot single_family.
Is 321 1st St a flip candidate?
No — 321 1st St does not appear in our flips dataset.
Is 321 1st St a tax-appeal candidate?
No — 321 1st 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
+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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