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48115 285th Ave

Palisade, MN 56469

2 bd 1 ba 864 sqft Built 1980 Lot 317,988 sqft single_family
Most recent sale
$240,000
Aug 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 31, 2022 Sold $240,000 MLS #6236349
Jul 18, 2022 Listed $249,900 MLS #6236349
Jun 26, 2008 Sold $60,000 MLS #3537522
May 5, 2008 Listed $64,900 MLS #3537522

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $100,441 $53,569 $154,010 $704
2025 $94,760 $47,914 $142,674 $418
2024 $100,900 $47,487 $148,387 $684
2023 $82,667 $44,792 $127,459 $622
2022 $67,400 $45,400 $112,800 $1,042
2021 $63,300 $45,800 $109,100 $972
2020 $63,300 $45,800 $109,100 $980
2019 $62,800 $45,200 $108,000 $946
2018 $54,500 $45,200 $99,700 $928
2017 $54,100 $47,100 $101,200 $916
2016 $53,900 $48,500 $102,400 $964
2015 $57,100 $49,700 $106,800 $480
2014 $6,700 $51,900 $58,600 $632
2013 $4,100 $74,500 $78,600 $656
2012 $4,100 $78,500 $82,600 $616
2011 $4,400 $77,600 $82,000 $454
2010 $4,800 $54,800 $59,600 $376

Property facts

Year built
1980
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
864 sqft
Lot size
317,988 sqft
ZIP code
56469
City
Palisade
Street
285th Ave
Coordinates
46.71270, -93.45761

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,296
Gross rental yield
6.48%
Implied cap rate
4.21%
Trend-extrapolated value

Frequently asked questions

When did 48115 285th Ave last sell?
48115 285th Ave most recently sold on Aug 31, 2022 for $240,000.
What is the current tax assessment for 48115 285th Ave?
The most recent total assessment for 48115 285th Ave (year 2026) is $154,010 with $704 in property tax.
How does 48115 285th Ave's assessment compare to its last sale price?
The current assessment is 35.8% below the last sale price of $240,000.
When was 48115 285th Ave built?
48115 285th Ave was built in 1980.
How does 48115 285th Ave compare to others on 285th Ave?
We track 8 other properties on 285th Ave. Browse the list under "Other properties on 285th Ave" to compare beds, baths, and sale history.
What are the property facts for 48115 285th Ave?
48115 285th Ave is a 2 bed, 1 bath, 864 sqft, 317,988 sqft lot single_family.
Is 48115 285th Ave a flip candidate?
No — 48115 285th Ave does not appear in our flips dataset.
Is 48115 285th Ave a tax-appeal candidate?
No — 48115 285th Ave 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
+0.2%
Implied 1-yr
+0.9%
2026 Q3
$210K
2026 Q4
$210K
ZIP 56469 — Median Price History + Forecast

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