256 Michigan Ave
Ortonville, MN 56278
1 bd 1 ba 800 sqft Built 1920 Lot 6,229 sqft single_family
Most recent sale
$39,000
Jul 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 17, 2023 | Sold | $52,500 | NorthstarMLS |
| Jan 28, 2023 | Price changed | $64,000 | NorthstarMLS |
| Nov 13, 2022 | Listed | $69,000 | NorthstarMLS |
| Jul 7, 2022 | Sold | $39,000 | MLS #6195120 |
| May 13, 2022 | Listed | $35,000 | MLS #6195120 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $47,000 | $10,000 | $57,000 | $936 |
| 2025 | $45,200 | $7,800 | $53,000 | $942 |
| 2024 | $42,300 | $7,800 | $50,100 | $690 |
| 2023 | $12,800 | $7,800 | $20,600 | $346 |
| 2022 | $10,800 | $7,800 | $18,600 | $334 |
| 2021 | $10,400 | $6,300 | $16,700 | $284 |
| 2020 | $10,400 | $6,300 | $16,700 | $274 |
| 2019 | $9,200 | $6,300 | $15,500 | $268 |
| 2018 | $9,400 | $6,300 | $15,700 | $200 |
| 2017 | $5,200 | $6,300 | $11,500 | $210 |
| 2016 | — | — | $11,500 | $214 |
| 2015 | $5,500 | $6,300 | $11,800 | $192 |
| 2014 | — | — | $10,200 | $196 |
| 2013 | — | — | $9,800 | $188 |
| 2012 | — | — | $9,600 | $136 |
| 2011 | — | — | $5,900 | $90 |
| 2010 | — | — | $5,900 | $90 |
| 2009 | — | — | $5,900 | $290 |
Property facts
Year built
1920
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
800 sqft
Lot size
6,229 sqft
ZIP code
56278
City
Ortonville
Street
Michigan Ave
Coordinates
45.30249, -96.43976
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$234
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 256 Michigan Ave last sell?
256 Michigan Ave most recently sold on Jul 7, 2022 for $39,000.
What is the current tax assessment for 256 Michigan Ave?
The most recent total assessment for 256 Michigan Ave (year 2026) is $57,000 with $936 in property tax.
How does 256 Michigan Ave's assessment compare to its last sale price?
The current assessment is 46.2% above the last sale price of $39,000.
When was 256 Michigan Ave built?
256 Michigan Ave was built in 1920.
How does 256 Michigan Ave compare to others on Michigan Ave?
We track 5 other properties on Michigan Ave. Browse the list under "Other properties on Michigan Ave" to compare beds, baths, and sale history.
What are the property facts for 256 Michigan Ave?
256 Michigan Ave is a 1 bed, 1 bath, 800 sqft, 6,229 sqft lot single_family.
Is 256 Michigan Ave a flip candidate?
Yes — 256 Michigan Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 256 Michigan Ave a tax-appeal candidate?
No — 256 Michigan 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
+5.2%
Implied 1-yr
+21.0%
2026 Q2
$229.5K
2026 Q3
$238.4K
ZIP 56278 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Michigan Ave