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515 2nd St

Pine Island, MN 55963

4 bd 3 ba 3,456 sqft Built 1994 Lot 10,062 sqft single_family
Most recent sale
$389,900
Sep 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 1, 2022 Sold $389,900 MLS #6235519
Jul 15, 2022 Listed $395,000 MLS #6235519
Jul 11, 2022 Listed $395,000 MLS #6229427
Jul 5, 2019 Sold $198,000 Public Record
Mar 11, 2019 Listing removed $214,900 NorthstarMLS
Dec 11, 2018 Listing removed $214,900 NorthstarMLS
Dec 10, 2018 Listing removed $214,900 GreaterLakes
Jul 3, 2017 Sold $198,000 Public Record
Nov 18, 2012 Listing removed $195,000 NorthstarMLS
May 17, 2012 Listed $195,000 MLS #4154076
Dec 31, 2011 Listing removed $214,900 Southeastminnesota
Sep 9, 2011 Price changed $214,900 MLS #4029913
Jun 6, 2011 Listed $219,900 MLS #4029913
Jun 3, 2011 Listed $214,900 MLS #5120280

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $376,500 $49,000 $425,500 $7,024
2023 $260,874 $35,926 $296,800 $5,008
2022 $204,008 $34,992 $239,000 $4,514
2021 $196,829 $27,771 $224,600 $3,992
2020 $196,829 $27,771 $224,600 $3,756
2019 $181,720 $27,480 $209,200 $3,918
2018 $186,811 $31,089 $217,900 $3,486
2017 $160,436 $30,464 $190,900 $3,046
2016 $142,456 $29,944 $172,400 $3,098
2015 $171,800 $2,724
2014 $125,261 $29,339 $154,600 $2,318
2013 $125,261 $29,339 $154,600 $2,394
2012 $119,393 $29,107 $148,500 $2,560
2011 $115,682 $32,318 $148,000 $2,670
2010 $149,100 $43,300 $192,400 $3,418
2009 $203,600 $43,300 $246,900 $3,326

Property facts

Year built
1994
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,456 sqft
Lot size
10,062 sqft
ZIP code
55963
City
Pine Island
Street
2nd St
Coordinates
44.20070, -92.65454

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,339
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 515 2nd St last sell?
515 2nd St most recently sold on Sep 1, 2022 for $389,900.
What is the current tax assessment for 515 2nd St?
The most recent total assessment for 515 2nd St (year 2024) is $425,500 with $7,024 in property tax.
How does 515 2nd St's assessment compare to its last sale price?
The current assessment is 9.1% above the last sale price of $389,900.
When was 515 2nd St built?
515 2nd St was built in 1994.
How does 515 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 515 2nd St?
515 2nd St is a 4 bed, 3 bath, 3,456 sqft, 10,062 sqft lot single_family.
Is 515 2nd St a flip candidate?
No — 515 2nd St does not appear in our flips dataset.
Is 515 2nd St a tax-appeal candidate?
No — 515 2nd St 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
-3.0%
Implied 1-yr
-12.0%
2026 Q3
$292.5K
2026 Q4
$281.6K
ZIP 55963 — Median Price History + Forecast

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