606 5th St
Pelican Rapids, MN 56572
2 bd 2 ba 1,356 sqft Built 1975 Lot 12,894 sqft single_family
Most recent sale
$215,000
Feb 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 13, 2026 | Sold | $266,500 | NorthstarMLS |
| Dec 22, 2025 | Price changed | $276,500 | NorthstarMLS |
| Nov 20, 2025 | Price changed | $284,000 | NorthstarMLS |
| Oct 11, 2025 | Listed | $289,000 | NorthstarMLS |
| Feb 28, 2022 | Sold | $215,000 | MLS #20-35361 |
| Jan 9, 2022 | Listed | $199,900 | MLS #20-35361 |
| Aug 31, 2018 | Sold | $115,000 | MLS #20-22896 |
| Jul 18, 2018 | Relisted | $122,900 | MLS #20-22896 |
| Jun 4, 2018 | Listed | $122,900 | MLS #20-22896 |
| Jun 4, 2018 | Listing removed | $122,900 | LakeRegionMN |
| May 3, 2018 | Listed | $122,900 | MLS #20-22896 |
| Dec 23, 1998 | Sold | $66,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $87,900 | $1,404 |
| 2019 | — | — | $81,100 | $1,278 |
| 2018 | — | — | $77,100 | $1,158 |
| 2017 | — | — | $69,100 | $1,122 |
| 2016 | — | — | $67,600 | $1,014 |
| 2015 | — | — | $62,400 | $982 |
| 2014 | — | — | $59,700 | $906 |
| 2013 | — | — | $55,600 | $934 |
| 2007 | $78,100 | $9,600 | $87,700 | $774 |
Property facts
Year built
1975
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,356 sqft
Lot size
12,894 sqft
ZIP code
56572
City
Pelican Rapids
Street
5th St
Coordinates
46.56356, -96.07706
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
$2,034
Gross rental yield
11.35%
Implied cap rate
7.38%
Trend-extrapolated value
—
Frequently asked questions
When did 606 5th St last sell?
606 5th St most recently sold on Feb 28, 2022 for $215,000.
What is the current tax assessment for 606 5th St?
The most recent total assessment for 606 5th St (year 2020) is $87,900 with $1,404 in property tax.
How does 606 5th St's assessment compare to its last sale price?
The current assessment is 59.1% below the last sale price of $215,000.
When was 606 5th St built?
606 5th St was built in 1975.
How does 606 5th St compare to others on 5th St?
We track 8 other properties on 5th St. Browse the list under "Other properties on 5th St" to compare beds, baths, and sale history.
What are the property facts for 606 5th St?
606 5th St is a 2 bed, 2 bath, 1,356 sqft, 12,894 sqft lot single_family.
Is 606 5th St a flip candidate?
No — 606 5th St does not appear in our flips dataset.
Is 606 5th St a tax-appeal candidate?
No — 606 5th St 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 5th St