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510 2nd St

Northfield, MN 55057

3 bd 2 ba 1,543 sqft Built 1890 Lot 5,663 sqft single_family
Most recent sale
$448,000
Sep 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 29, 2022 Sold $448,000 MLS #6250494
Aug 31, 2022 Listed $448,000 MLS #6250494
Jan 26, 2016 Sold $119,000 MLS #4666748
Dec 14, 2015 Listed $139,000 MLS #4666748
Jun 9, 1999 Sold $140,700 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $275,200 $64,200 $339,400 $6,402
2020 $171,800 $3,020
2019 $168,300 $3,006
2018 $164,800 $2,854
2017 $152,700 $1,936
2016 $110,300 $3,236
2015 $131,700 $53,300 $185,000 $3,154
2014 $128,100 $53,300 $181,400 $3,164
2013 $123,300 $53,300 $176,600 $2,986
2012 $116,100 $47,200 $163,300 $3,158
2011 $139,100 $55,700 $194,800 $2,758
2010 $194,800 $2,830
2009 $158,200 $55,700 $213,900 $2,904
2006 $194,200 $2,438

Property facts

Year built
1890
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,543 sqft
Lot size
5,663 sqft
ZIP code
55057
City
Northfield
Street
2nd St
Coordinates
44.45827, -93.15323

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,315
Gross rental yield
6.20%
Implied cap rate
4.03%
Trend-extrapolated value

Frequently asked questions

When did 510 2nd St last sell?
510 2nd St most recently sold on Sep 29, 2022 for $448,000.
What is the current tax assessment for 510 2nd St?
The most recent total assessment for 510 2nd St (year 2025) is $339,400 with $6,402 in property tax.
How does 510 2nd St's assessment compare to its last sale price?
The current assessment is 24.2% below the last sale price of $448,000.
When was 510 2nd St built?
510 2nd St was built in 1890.
How does 510 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 510 2nd St?
510 2nd St is a 3 bed, 2 bath, 1,543 sqft, 5,663 sqft lot single_family.
Is 510 2nd St a flip candidate?
No — 510 2nd St does not appear in our flips dataset.
Is 510 2nd St a tax-appeal candidate?
No — 510 2nd 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
+1.3%
Implied 1-yr
+5.2%
2026 Q3
$391.1K
2026 Q4
$395.8K
ZIP 55057 — Median Price History + Forecast

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