518 Park Avenue Ave
Ortonville, MN 56278
3 bd 2 ba 1,650 sqft Built 1959 Lot 4,356 sqft single_family
Most recent sale
$95,000
Mar 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 3, 2022 | Sold | $95,000 | MLS #6136377 |
| Jan 17, 2022 | Price changed | $99,000 | MLS #6136377 |
| Dec 20, 2021 | Listed | $112,000 | MLS #6136377 |
| Feb 24, 2019 | Listing removed | $64,000 | NorthstarMLS |
| Dec 28, 2018 | Sold | $79,000 | MLS #6027043 |
| Nov 2, 2018 | Price changed | $79,000 | MLS #6027043 |
| Sep 26, 2018 | Price changed | $85,000 | MLS #6027043 |
| Jan 1, 2018 | Sold | $82,000 | Public Record |
| Jul 14, 2017 | Price changed | $88,000 | MLS #6027043 |
| May 31, 2017 | Listed | $79,000 | MLS #5188322 |
| Jan 13, 2016 | Sold | $55,000 | Public Record |
| Jan 1, 2016 | Sold | $55,000 | Public Record |
| Dec 31, 2015 | Listing removed | $64,000 | Willmar |
| Jul 30, 2015 | Listed | $64,000 | MLS #5165135 |
| May 19, 2004 | Sold | $55,000 | Public Record |
| May 1, 2004 | Sold | $55,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $125,500 | $6,300 | $131,800 | $1,788 |
| 2025 | $121,100 | $4,900 | $126,000 | $1,796 |
| 2024 | $113,700 | $4,900 | $118,600 | $1,564 |
| 2023 | $88,200 | $4,900 | $93,100 | $1,384 |
| 2022 | $80,300 | $4,900 | $85,200 | $1,400 |
| 2021 | $75,300 | $3,900 | $79,200 | $1,218 |
| 2020 | $75,300 | $3,900 | $79,200 | $1,068 |
| 2019 | $63,200 | $3,900 | $67,100 | $1,040 |
| 2018 | $64,100 | $3,900 | $68,000 | $584 |
| 2017 | — | — | $34,980 | $544 |
| 2016 | — | — | $31,560 | $958 |
| 2015 | $57,000 | $3,900 | $60,900 | $970 |
| 2014 | — | — | $61,200 | $1,046 |
| 2013 | — | — | $61,400 | $776 |
| 2012 | — | — | $37,300 | $738 |
| 2011 | — | — | $33,300 | $778 |
| 2010 | — | — | $56,000 | $792 |
| 2009 | — | — | $56,700 | $804 |
Property facts
Year built
1959
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,650 sqft
Lot size
4,356 sqft
ZIP code
56278
City
Ortonville
Street
Park Avenue Ave
Coordinates
45.31070, -96.44521
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$570
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 518 Park Avenue Ave last sell?
518 Park Avenue Ave most recently sold on Mar 3, 2022 for $95,000.
What is the current tax assessment for 518 Park Avenue Ave?
The most recent total assessment for 518 Park Avenue Ave (year 2026) is $131,800 with $1,788 in property tax.
How does 518 Park Avenue Ave's assessment compare to its last sale price?
The current assessment is 38.7% above the last sale price of $95,000.
When was 518 Park Avenue Ave built?
518 Park Avenue Ave was built in 1959.
How does 518 Park Avenue Ave compare to others on Park Avenue Ave?
We do not currently track other properties on Park Avenue Ave.
What are the property facts for 518 Park Avenue Ave?
518 Park Avenue Ave is a 3 bed, 2 bath, 1,650 sqft, 4,356 sqft lot single_family.
Is 518 Park Avenue Ave a flip candidate?
No — 518 Park Avenue Ave does not appear in our flips dataset.
Is 518 Park Avenue Ave a tax-appeal candidate?
Yes — 518 Park Avenue Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
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
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Geography