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425 2nd Ave

Pine City, MN 55063

3 bd 3 ba 2,400 sqft Built 2021 Lot 8,416 sqft single_family
Most recent sale
$785,981
Aug 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 11, 2022 Sold $785,981 MLS #5762415
Sep 24, 2021 Price changed $750,000 MLS #5762415
May 21, 2021 Listed $739,900 MLS #5762415
Feb 1, 2021 Listing removed $599,900 NorthstarMLS
Aug 5, 2020 Listed $599,900 MLS #5635815

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $443,500 $171,200 $614,700 $8,048
2023 $309,300 $104,600 $413,900 $5,696
2022 $104,600 $104,600 $1,572
2021 $113,200 $113,200 $1,784
2020 $120,200 $120,200 $1,950
2019 $97,400 $97,400 $1,610

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,400 sqft
Lot size
8,416 sqft
ZIP code
55063
City
Pine City
Street
2nd Ave
Coordinates
45.83252, -92.96256

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,600
Gross rental yield
5.50%
Implied cap rate
3.57%
Trend-extrapolated value

Frequently asked questions

When did 425 2nd Ave last sell?
425 2nd Ave most recently sold on Aug 11, 2022 for $785,981.
What is the current tax assessment for 425 2nd Ave?
The most recent total assessment for 425 2nd Ave (year 2025) is $614,700 with $8,048 in property tax.
How does 425 2nd Ave's assessment compare to its last sale price?
The current assessment is 21.8% below the last sale price of $785,981.
When was 425 2nd Ave built?
425 2nd Ave was built in 2021.
How does 425 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 425 2nd Ave?
425 2nd Ave is a 3 bed, 3 bath, 2,400 sqft, 8,416 sqft lot single_family.
Is 425 2nd Ave a flip candidate?
No — 425 2nd Ave does not appear in our flips dataset.
Is 425 2nd Ave a tax-appeal candidate?
No — 425 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
-1.8%
Implied 1-yr
-7.3%
2026 Q3
$238.3K
2026 Q4
$233.4K
ZIP 55063 — Median Price History + Forecast

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