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12 1st Ave

Plato, MN 55370

1 bd 1 ba 856 sqft Built 1947 Lot 6,360 sqft single_family
Most recent sale
$110,000
Apr 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2022 Sold $110,000 MLS #6110998
Jan 28, 2022 Price changed $126,000 MLS #6110998
Oct 27, 2021 Relisted $140,000 MLS #6110998
Oct 26, 2021 Listing removed $140,000 NorthstarMLS
Oct 7, 2021 Listed $140,000 MLS #6110998
Sep 23, 2015 Sold $80,000 Public Record
Jan 1, 2015 Sold $80,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $122,000 $24,000 $146,000 $2,024
2024 $122,000 $24,000 $146,000 $2,004
2023 $98,200 $20,000 $118,200 $1,740
2022 $94,000 $16,700 $110,700 $2,796
2021 $85,700 $15,200 $100,900 $2,648
2020 $59,187 $10,813 $70,000 $1,908
2019 $52,864 $10,436 $63,300 $1,092
2018 $41,479 $8,221 $49,700 $926
2017 $47,749 $7,351 $55,100 $1,048
2016 $39,815 $5,885 $45,700 $906
2015 $38,323 $5,877 $44,200 $838
2014 $57,300 $15,200 $72,500 $828
2013 $37,000 $720
2012 $37,000 $742
2011 $75,800 $808
2010 $81,300 $794
2009 $84,200 $832

Property facts

Year built
1947
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
856 sqft
Lot size
6,360 sqft
ZIP code
55370
City
Plato
Street
1st Ave
Coordinates
44.77278, -94.03984

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,284
Gross rental yield
14.01%
Implied cap rate
9.10%
Trend-extrapolated value

Frequently asked questions

When did 12 1st Ave last sell?
12 1st Ave most recently sold on Apr 22, 2022 for $110,000.
What is the current tax assessment for 12 1st Ave?
The most recent total assessment for 12 1st Ave (year 2025) is $146,000 with $2,024 in property tax.
How does 12 1st Ave's assessment compare to its last sale price?
The current assessment is 32.7% above the last sale price of $110,000.
When was 12 1st Ave built?
12 1st Ave was built in 1947.
How does 12 1st Ave compare to others on 1st Ave?
We track 8 other properties on 1st Ave. Browse the list under "Other properties on 1st Ave" to compare beds, baths, and sale history.
What are the property facts for 12 1st Ave?
12 1st Ave is a 1 bed, 1 bath, 856 sqft, 6,360 sqft lot single_family.
Is 12 1st Ave a flip candidate?
No — 12 1st Ave does not appear in our flips dataset.
Is 12 1st Ave a tax-appeal candidate?
Yes — 12 1st Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.4%
Implied 1-yr
+9.7%
2024 Q3
$263.9K
2024 Q4
$269.4K
ZIP 55370 — Median Price History + Forecast

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