1562 2nd Ave
Newport, MN 55055
4 bd 2 ba 2,150 sqft Built 1989 Lot 10,019 sqft single_family
Most recent sale
$360,000
Jan 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 27, 2022 | Sold | $360,000 | MLS #6131032 |
| Dec 21, 2021 | Listed | $349,900 | MLS #6131032 |
| Jul 14, 2021 | Sold | $237,000 | Public Record |
| Jun 25, 2010 | Sold | $140,100 | MLS #3925021 |
| May 13, 2010 | Listed | $134,900 | MLS #3925021 |
| Jul 31, 2003 | Sold | $199,900 | Public Record |
| Nov 16, 1998 | Sold | $129,000 | Public Record |
| Jun 30, 1997 | Sold | $112,800 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $229,700 | $65,900 | $295,600 | $4,346 |
| 2024 | $242,300 | $103,300 | $345,600 | $5,176 |
| 2023 | $217,100 | $87,900 | $305,000 | $4,274 |
| 2022 | $173,400 | $70,900 | $244,300 | $3,894 |
| 2021 | $168,800 | $80,600 | $249,400 | $5,444 |
| 2020 | $168,800 | $80,600 | $249,400 | $4,526 |
| 2019 | $173,000 | $75,900 | $248,900 | $3,672 |
| 2018 | $154,700 | $65,300 | $220,000 | $4,722 |
| 2017 | $144,600 | $59,900 | $204,500 | $3,000 |
| 2016 | $137,900 | $40,600 | $178,500 | $2,814 |
| 2015 | $129,000 | $30,900 | $159,900 | $2,280 |
| 2014 | $102,500 | $32,500 | $135,000 | $2,262 |
| 2013 | $95,500 | $30,300 | $125,800 | $2,804 |
| 2012 | $116,800 | $42,000 | $158,800 | $2,746 |
| 2011 | $117,400 | $52,000 | $169,400 | $2,416 |
| 2010 | $113,300 | $58,500 | $171,800 | $2,604 |
Property facts
Year built
1989
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,150 sqft
Lot size
10,019 sqft
ZIP code
55055
City
Newport
Street
2nd Ave
Coordinates
44.87209, -93.00654
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,225
Gross rental yield
10.75%
Implied cap rate
6.99%
Trend-extrapolated value
—
Frequently asked questions
When did 1562 2nd Ave last sell?
1562 2nd Ave most recently sold on Jan 27, 2022 for $360,000.
What is the current tax assessment for 1562 2nd Ave?
The most recent total assessment for 1562 2nd Ave (year 2025) is $295,600 with $4,346 in property tax.
How does 1562 2nd Ave's assessment compare to its last sale price?
The current assessment is 17.9% below the last sale price of $360,000.
When was 1562 2nd Ave built?
1562 2nd Ave was built in 1989.
How does 1562 2nd Ave compare to others on 2nd Ave?
We track 8 other properties on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 1562 2nd Ave?
1562 2nd Ave is a 4 bed, 2 bath, 2,150 sqft, 10,019 sqft lot single_family.
Is 1562 2nd Ave a flip candidate?
Yes — 1562 2nd Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1562 2nd Ave a tax-appeal candidate?
No — 1562 2nd 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
+5.0%
Implied 1-yr
+20.1%
2026 Q3
$466K
2026 Q4
$483.7K
ZIP 55055 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 2nd Ave