412 1st Ave
Pelican Rapids, MN 56572
3 bd 2 ba 2,180 sqft Built 1977 Lot 5,829 sqft condos
Most recent sale
$89,000
Mar 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 22, 2022 | Sold | $89,000 | MLS #20-35394 |
| Jan 25, 2022 | Listed | $94,000 | MLS #20-35394 |
| May 10, 2007 | Sold | $60,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | $96,300 | $2,800 | $99,100 | $1,584 |
| 2020 | $92,100 | $2,200 | $94,300 | $1,572 |
| 2019 | $89,200 | $2,200 | $91,400 | $1,462 |
| 2018 | $75,800 | $2,200 | $78,000 | $1,262 |
| 2017 | $78,400 | $2,200 | $80,600 | $1,288 |
| 2016 | $74,100 | $2,200 | $76,300 | $1,182 |
| 2015 | $72,200 | $2,200 | $74,400 | $1,164 |
| 2014 | $68,900 | $2,200 | $71,100 | $1,096 |
| 2013 | $69,600 | $2,600 | $72,200 | $1,094 |
| 2012 | $74,500 | $2,600 | $77,100 | $1,062 |
| 2007 | $73,600 | $2,600 | $76,200 | $624 |
Property facts
Year built
1977
Property type
condos
Stories
3
Beds
3
Baths
2
Living area
2,180 sqft
Lot size
5,829 sqft
ZIP code
56572
City
Pelican Rapids
Street
1st Ave
Coordinates
46.56831, -96.07684
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$534
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 412 1st Ave last sell?
412 1st Ave most recently sold on Mar 22, 2022 for $89,000.
What is the current tax assessment for 412 1st Ave?
The most recent total assessment for 412 1st Ave (year 2021) is $99,100 with $1,584 in property tax.
How does 412 1st Ave's assessment compare to its last sale price?
The current assessment is 11.3% above the last sale price of $89,000.
When was 412 1st Ave built?
412 1st Ave was built in 1977.
How does 412 1st Ave compare to others on 1st Ave?
We track 8 other properties on 1st Ave. Browse the list under "Other properties on 1st Ave" to compare beds, baths, and sale history.
What are the property facts for 412 1st Ave?
412 1st Ave is a 3 bed, 2 bath, 2,180 sqft, 5,829 sqft lot condos.
Is 412 1st Ave a flip candidate?
No — 412 1st Ave does not appear in our flips dataset.
Is 412 1st Ave a tax-appeal candidate?
No — 412 1st 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
-4.2%
Implied 1-yr
-16.8%
2026 Q3
$395.9K
2026 Q4
$395.9K
ZIP 56572 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 1st Ave