Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 80M+ records · 29M+ properties All 50 states Methodology

31 2nd Ave

Pelican Rapids, MN 56572

3 bd 2 ba 1,963 sqft Built 1920 Lot 15,246 sqft single_family
Most recent sale
$180,000
Dec 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 9, 2022 Sold $180,000 NorthstarMLS
Oct 11, 2022 Listed $189,000 NorthstarMLS
Mar 28, 2013 Sold $126,000 Public Record
Mar 22, 2013 Listing removed $129,000 DetroitLakes
Oct 3, 2012 Price changed $129,000 DetroitLakes
Sep 25, 2012 Listed $132,900 DetroitLakes
Jun 27, 2003 Sold $84,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $162,800 $1,628
2021 $81,700 $1,338
2020 $76,400 $1,308
2019 $59,500 $1,010
2018 $51,200 $882
2007 $79,700 $6,000 $85,700 $756

Property facts

Year built
1920
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,963 sqft
Lot size
15,246 sqft
ZIP code
56572
City
Pelican Rapids
Street
2nd Ave
Coordinates
46.57270, -96.08187

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,080
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 31 2nd Ave last sell?
31 2nd Ave most recently sold on Dec 9, 2022 for $180,000.
What is the current tax assessment for 31 2nd Ave?
The most recent total assessment for 31 2nd Ave (year 2022) is $162,800 with $1,628 in property tax.
How does 31 2nd Ave's assessment compare to its last sale price?
The current assessment is 9.6% below the last sale price of $180,000.
When was 31 2nd Ave built?
31 2nd Ave was built in 1920.
How does 31 2nd Ave compare to others on 2nd Ave?
We track 8 other properties 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 31 2nd Ave?
31 2nd Ave is a 3 bed, 2 bath, 1,963 sqft, 15,246 sqft lot single_family.
Is 31 2nd Ave a flip candidate?
No — 31 2nd Ave does not appear in our flips dataset.
Is 31 2nd Ave a tax-appeal candidate?
No — 31 2nd 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
-4.2%
Implied 1-yr
-16.8%
2026 Q3
$395.9K
2026 Q4
$395.9K
ZIP 56572 — Median Price History + Forecast

Explore nearby