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616 5th St

Northfield, MN 55057

3 bd 2 ba 2,529 sqft Built 1873 Lot 13,612 sqft single_family
Most recent sale
$538,521
Jun 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 14, 2022 Sold $538,521 Public Record
May 6, 2022 Sold $538,522 MLS #6169494
Apr 12, 2022 Listed $510,000 MLS #6169494

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $458,400 $8,060
2023 $391,000 $6,326
2022 $361,300 $6,048
2021 $333,500 $5,682
2020 $327,400 $5,704
2019 $321,300 $5,586
2018 $300,300 $5,770
2017 $294,600 $6,098
2016 $281,000 $6,196
2015 $275,300 $6,142
2014 $258,300 $6,070
2013 $235,400 $5,824
2012 $245,600 $5,572
2011 $259,500 $5,144
2010 $259,500 $5,274
2009 $308,300 $3,765
2006 $289,200 $3,508
2005 $218,700 $2,448

Property facts

Year built
1873
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,529 sqft
Lot size
13,612 sqft
ZIP code
55057
City
Northfield
Street
5th St
Coordinates
44.45484, -93.15107

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
$3,794
Gross rental yield
8.45%
Implied cap rate
5.50%
Trend-extrapolated value

Frequently asked questions

When did 616 5th St last sell?
616 5th St most recently sold on Jun 14, 2022 for $538,521.
What is the current tax assessment for 616 5th St?
The most recent total assessment for 616 5th St (year 2025) is $458,400 with $8,060 in property tax.
How does 616 5th St's assessment compare to its last sale price?
The current assessment is 14.9% below the last sale price of $538,521.
When was 616 5th St built?
616 5th St was built in 1873.
How does 616 5th St compare to others on 5th St?
We track 8 other properties on 5th St. Browse the list under "Other properties on 5th St" to compare beds, baths, and sale history.
What are the property facts for 616 5th St?
616 5th St is a 3 bed, 2 bath, 2,529 sqft, 13,612 sqft lot single_family.
Is 616 5th St a flip candidate?
No — 616 5th St does not appear in our flips dataset.
Is 616 5th St a tax-appeal candidate?
No — 616 5th 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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