700 1st St
Pelican Rapids, MN 56572
3 bd 3 ba 1,296 sqft Built 1920 Lot 23,087 sqft single_family
Most recent sale
$85,000
May 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 23, 2022 | Sold | $85,000 | Public Record |
| May 18, 2022 | Sold | $85,000 | MLS #20-35412 |
| Feb 2, 2022 | Listed | $92,900 | MLS #6148188 |
| Nov 4, 2013 | Listing removed | $69,500 | DetroitLakes |
| Oct 3, 2012 | Price changed | $69,500 | MLS #32-4579 |
| Sep 18, 2012 | Listed | $74,900 | MLS #32-4579 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | — | — | $116,200 | $1,162 |
| 2022 | — | — | $135,200 | $1,352 |
| 2021 | — | — | $49,100 | $1,186 |
| 2020 | — | — | $44,100 | $1,073 |
| 2019 | — | — | $43,100 | $1,082 |
| 2018 | — | — | $39,200 | $1,016 |
| 2017 | — | — | $40,300 | $1,024 |
| 2016 | — | — | $38,800 | $978 |
| 2015 | — | — | $38,100 | $974 |
| 2014 | — | — | $36,800 | $942 |
| 2007 | $55,500 | $12,700 | $68,200 | $558 |
Property facts
Year built
1920
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,296 sqft
Lot size
23,087 sqft
ZIP code
56572
City
Pelican Rapids
Street
1st St
Coordinates
46.56309, -96.08572
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$510
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 700 1st St last sell?
700 1st St most recently sold on May 23, 2022 for $85,000.
What is the current tax assessment for 700 1st St?
The most recent total assessment for 700 1st St (year 2023) is $116,200 with $1,162 in property tax.
How does 700 1st St's assessment compare to its last sale price?
The current assessment is 36.7% above the last sale price of $85,000.
When was 700 1st St built?
700 1st St was built in 1920.
How does 700 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 700 1st St?
700 1st St is a 3 bed, 3 bath, 1,296 sqft, 23,087 sqft lot single_family.
Is 700 1st St a flip candidate?
No — 700 1st St does not appear in our flips dataset.
Is 700 1st St a tax-appeal candidate?
Yes — 700 1st St 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
-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 St