503 2nd Ave
Palisade, MN 56469
3 bd 1 ba 1,404 sqft Built 1946 Lot 30,492 sqft single_family
Most recent sale
$95,000
Aug 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 16, 2022 | Sold | $95,000 | MLS #6175859 |
| Jun 2, 2022 | Price changed | $109,900 | MLS #6175859 |
| May 17, 2022 | Price changed | $119,000 | MLS #6175859 |
| Apr 8, 2022 | Listed | $129,900 | MLS #6175859 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $70,700 | $7,446 | $78,146 | $954 |
| 2025 | $64,929 | $7,222 | $72,151 | $614 |
| 2024 | $62,470 | $7,764 | $70,234 | $754 |
| 2023 | $54,009 | $7,396 | $61,405 | $720 |
| 2022 | $43,564 | $6,832 | $50,396 | $676 |
| 2021 | $34,320 | $6,540 | $40,860 | $512 |
| 2020 | $29,940 | $6,540 | $36,480 | $436 |
| 2019 | $29,760 | $6,540 | $36,300 | $422 |
| 2018 | $29,760 | $6,540 | $36,300 | $426 |
| 2017 | $34,560 | $6,540 | $41,100 | $392 |
| 2016 | $34,600 | $6,500 | $41,100 | $428 |
| 2015 | $34,600 | $6,500 | $41,100 | $364 |
| 2014 | $34,600 | $6,500 | $41,100 | $346 |
| 2013 | $36,800 | $6,600 | $43,400 | $284 |
| 2012 | $42,100 | $3,300 | $45,400 | $298 |
| 2011 | $74,400 | $5,500 | $79,900 | $208 |
| 2010 | $74,400 | $5,500 | $79,900 | $194 |
Property facts
Year built
1946
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,404 sqft
Lot size
30,492 sqft
ZIP code
56469
City
Palisade
Street
2nd Ave
Coordinates
46.71469, -93.49230
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 503 2nd Ave last sell?
503 2nd Ave most recently sold on Aug 16, 2022 for $95,000.
What is the current tax assessment for 503 2nd Ave?
The most recent total assessment for 503 2nd Ave (year 2026) is $78,146 with $954 in property tax.
How does 503 2nd Ave's assessment compare to its last sale price?
The current assessment is 17.7% below the last sale price of $95,000.
When was 503 2nd Ave built?
503 2nd Ave was built in 1946.
How does 503 2nd Ave compare to others on 2nd Ave?
We track 1 other property on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 503 2nd Ave?
503 2nd Ave is a 3 bed, 1 bath, 1,404 sqft, 30,492 sqft lot single_family.
Is 503 2nd Ave a flip candidate?
No — 503 2nd Ave does not appear in our flips dataset.
Is 503 2nd Ave a tax-appeal candidate?
No — 503 2nd 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
+0.2%
Implied 1-yr
+0.9%
2026 Q3
$210K
2026 Q4
$210K
ZIP 56469 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 2nd Ave