37994 485th Ln
Palisade, MN 56469
1 bd 1 ba 1,800 sqft Built 1987 Lot 28,445 sqft single_family
Most recent sale
$260,000
Sep 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 13, 2022 | Sold | $260,000 | MLS #6249744 |
| Aug 18, 2022 | Listed | $290,000 | MLS #6249744 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $141,100 | $228,800 | $369,900 | $2,074 |
| 2025 | $135,000 | $211,400 | $346,400 | $1,962 |
| 2024 | $134,800 | $208,100 | $342,900 | $1,976 |
| 2023 | $122,400 | $174,000 | $296,400 | $1,820 |
| 2022 | $93,600 | $143,500 | $237,100 | $1,902 |
| 2021 | $106,500 | $143,500 | $250,000 | $1,910 |
| 2020 | $91,900 | $132,500 | $224,400 | $1,772 |
| 2019 | $76,500 | $132,500 | $209,000 | $1,734 |
| 2018 | $71,100 | $138,000 | $209,100 | $1,720 |
| 2017 | $70,800 | $138,000 | $208,800 | $1,662 |
| 2016 | $78,300 | $138,000 | $216,300 | $1,730 |
| 2015 | $77,500 | $140,000 | $217,500 | $1,684 |
| 2014 | $82,200 | $145,500 | $227,700 | $1,730 |
| 2013 | $82,200 | $146,500 | $228,700 | $1,676 |
| 2012 | $87,400 | $146,500 | $233,900 | $1,612 |
| 2011 | $107,200 | $152,000 | $259,200 | $1,560 |
Property facts
Year built
1987
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
1,800 sqft
Lot size
28,445 sqft
ZIP code
56469
City
Palisade
Street
485th Ln
Coordinates
46.71775, -93.65346
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,700
Gross rental yield
12.46%
Implied cap rate
8.10%
Trend-extrapolated value
—
Frequently asked questions
When did 37994 485th Ln last sell?
37994 485th Ln most recently sold on Sep 13, 2022 for $260,000.
What is the current tax assessment for 37994 485th Ln?
The most recent total assessment for 37994 485th Ln (year 2026) is $369,900 with $2,074 in property tax.
How does 37994 485th Ln's assessment compare to its last sale price?
The current assessment is 42.3% above the last sale price of $260,000.
When was 37994 485th Ln built?
37994 485th Ln was built in 1987.
How does 37994 485th Ln compare to others on 485th Ln?
We track 2 other properties on 485th Ln. Browse the list under "Other properties on 485th Ln" to compare beds, baths, and sale history.
What are the property facts for 37994 485th Ln?
37994 485th Ln is a 1 bed, 1 bath, 1,800 sqft, 28,445 sqft lot single_family.
Is 37994 485th Ln a flip candidate?
No — 37994 485th Ln does not appear in our flips dataset.
Is 37994 485th Ln a tax-appeal candidate?
Yes — 37994 485th Ln 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
+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 485th Ln