501 2nd Ave
Pine Island, MN 55963
4 bd 2 ba 3,136 sqft Built 1930 Lot 10,019 sqft single_family
Most recent sale
$262,500
Apr 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 26, 2022 | Sold | $262,500 | MLS #6157507 |
| Feb 28, 2022 | Listed | $279,900 | MLS #6157507 |
| Oct 18, 2019 | Sold | $199,900 | MLS #5263180 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $232,400 | $51,700 | $284,100 | $5,374 |
| 2024 | $223,900 | $51,500 | $275,400 | $4,728 |
| 2023 | $198,990 | $36,710 | $235,700 | $3,988 |
| 2022 | $153,870 | $35,530 | $189,400 | $3,590 |
| 2021 | $148,222 | $28,078 | $176,300 | $3,144 |
| 2020 | $134,742 | $27,658 | $162,400 | $2,926 |
| 2019 | $136,870 | $27,730 | $164,600 | $2,974 |
| 2018 | $116,886 | $27,014 | $143,900 | $2,642 |
| 2017 | $101,851 | $26,349 | $128,200 | $2,278 |
| 2016 | — | — | $123,900 | $2,248 |
| 2015 | — | — | $112,700 | $1,972 |
| 2014 | $86,563 | $28,937 | $115,500 | $1,744 |
| 2013 | $83,379 | $28,721 | $112,100 | $1,822 |
| 2012 | $86,613 | $32,387 | $119,000 | $2,070 |
| 2011 | $132,300 | $35,600 | $167,900 | $2,282 |
| 2010 | $132,300 | $35,600 | $167,900 | $2,226 |
| 2008 | — | — | $176,300 | $2,367 |
| 2006 | — | — | $158,400 | $1,652 |
Property facts
Year built
1930
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
3,136 sqft
Lot size
10,019 sqft
ZIP code
55963
City
Pine Island
Street
2nd Ave
Coordinates
44.19806, -92.64348
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
$1,575
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 501 2nd Ave last sell?
501 2nd Ave most recently sold on Apr 26, 2022 for $262,500.
What is the current tax assessment for 501 2nd Ave?
The most recent total assessment for 501 2nd Ave (year 2025) is $284,100 with $5,374 in property tax.
How does 501 2nd Ave's assessment compare to its last sale price?
The current assessment is 8.2% above the last sale price of $262,500.
When was 501 2nd Ave built?
501 2nd Ave was built in 1930.
How does 501 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 501 2nd Ave?
501 2nd Ave is a 4 bed, 2 bath, 3,136 sqft, 10,019 sqft lot single_family.
Is 501 2nd Ave a flip candidate?
No — 501 2nd Ave does not appear in our flips dataset.
Is 501 2nd Ave a tax-appeal candidate?
No — 501 2nd 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
-3.0%
Implied 1-yr
-12.0%
2026 Q3
$292.5K
2026 Q4
$281.6K
ZIP 55963 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 2nd Ave