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225 1st Ave

Plato, MN 55370

3 bd 2 ba 1,596 sqft Built 1910 Lot 13,547 sqft single_family
Most recent sale
$144,000
Aug 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 29, 2022 Sold $144,000 MLS #6202562
Jun 20, 2022 Price changed $158,900 MLS #6202562
Jun 1, 2022 Listed $168,900 MLS #6202562

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $82,700 $56,400 $139,100 $1,482
2025 $82,800 $41,400 $124,200 $1,286
2024 $82,800 $41,400 $124,200 $1,386
2023 $70,300 $34,300 $104,600 $1,540
2022 $47,229 $20,071 $67,300 $1,168
2021 $40,656 $17,244 $57,900 $1,026
2020 $40,656 $17,244 $57,900 $1,014
2019 $39,239 $17,061 $56,300 $894
2018 $34,962 $16,438 $51,400 $794
2017 $28,767 $13,633 $42,400 $736
2016 $25,573 $12,727 $38,300 $676
2015 $23,073 $11,027 $34,100 $632
2014 $22,260 $11,040 $33,300 $696
2013 $37,100 $23,700 $60,800 $740
2012 $38,100 $758
2011 $23,148 $15,052 $38,200 $852
2010 $84,900 $846
2009 $84,900 $842

Property facts

Year built
1910
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,596 sqft
Lot size
13,547 sqft
ZIP code
55370
City
Plato
Street
1st Ave
Coordinates
44.77596, -94.03897

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
$864
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 225 1st Ave last sell?
225 1st Ave most recently sold on Aug 29, 2022 for $144,000.
What is the current tax assessment for 225 1st Ave?
The most recent total assessment for 225 1st Ave (year 2026) is $139,100 with $1,482 in property tax.
How does 225 1st Ave's assessment compare to its last sale price?
The current assessment is 3.4% below the last sale price of $144,000.
When was 225 1st Ave built?
225 1st Ave was built in 1910.
How does 225 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 225 1st Ave?
225 1st Ave is a 3 bed, 2 bath, 1,596 sqft, 13,547 sqft lot single_family.
Is 225 1st Ave a flip candidate?
No — 225 1st Ave does not appear in our flips dataset.
Is 225 1st Ave a tax-appeal candidate?
No — 225 1st 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
+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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