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515 2nd St

Pipestone, MN 56164

3 bd 2 ba 1,516 sqft Built 1918 Lot 12,676 sqft single_family
Most recent sale
$154,000
Oct 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 6, 2026 Price changed $164,900 NorthstarMLS
Jan 12, 2026 Listed $169,900 NorthstarMLS
Oct 11, 2022 Sold $154,000 MLS #6249787
Aug 17, 2022 Listed $149,900 MLS #6249787
May 2, 2022 Sold $136,500 MLS #6180174
Apr 15, 2022 Listed $135,000 MLS #6180174
Mar 18, 2019 Sold $79,900 MLS #5155563
Mar 5, 2019 Listing removed $79,900 Willmar
Feb 19, 2019 Listed $79,900 MLS #6033553
Feb 16, 2019 Listed $79,900 MLS #5155563

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $105,069 $2,584
2024 $101,953 $2,476
2023 $51,486 $1,946
2022 $43,440 $806
2021 $45,927 $866
2020 $39,120 $750
2019 $37,320 $714
2018 $34,440 $648
2017 $34,500 $664
2016 $37,860 $664
2015 $33,085 $4,315 $37,400 $646
2014 $33,378 $4,322 $37,700 $746
2013 $32,975 $4,325 $37,300 $808
2012 $32,975 $4,325 $37,300 $854
2011 $58,200 $880

Property facts

Year built
1918
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,516 sqft
Lot size
12,676 sqft
ZIP code
56164
City
Pipestone
Street
2nd St
Coordinates
44.00169, -96.32433

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$924
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 Oct 11, 2022 for $154,000.
What is the current tax assessment for 515 2nd St?
The most recent total assessment for 515 2nd St (year 2025) is $105,069 with $2,584 in property tax.
How does 515 2nd St's assessment compare to its last sale price?
The current assessment is 31.8% below the last sale price of $154,000.
When was 515 2nd St built?
515 2nd St was built in 1918.
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 3 bed, 2 bath, 1,516 sqft, 12,676 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
+0.3%
Implied 1-yr
+1.0%
2026 Q3
$169.4K
2026 Q4
$169.8K
ZIP 56164 — Median Price History + Forecast

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