228 1st Ave
Plato, MN 55370
4 bd 3 ba 1,654 sqft Built 1893 Lot 14,201 sqft single_family
Most recent sale
$287,000
Jul 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 14, 2024 | Sold | $325,000 | NorthstarMLS |
| Jul 15, 2022 | Sold | $287,000 | MLS #6203086 |
| May 26, 2022 | Listed | $265,000 | MLS #6203086 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $242,000 | $57,500 | $299,500 | $3,846 |
| 2025 | $242,100 | $42,200 | $284,300 | $3,684 |
| 2024 | $207,500 | $42,200 | $249,700 | $1,623 |
| 2023 | $166,600 | $35,000 | $201,600 | $2,714 |
| 2022 | $139,312 | $25,888 | $165,200 | $2,780 |
| 2021 | $125,221 | $23,179 | $148,400 | $2,540 |
| 2020 | $125,221 | $23,179 | $148,400 | $2,510 |
| 2019 | $121,540 | $23,060 | $144,600 | $2,248 |
| 2018 | $110,448 | $22,652 | $133,100 | $1,952 |
| 2017 | $89,188 | $18,712 | $107,900 | $1,690 |
| 2016 | $73,435 | $17,065 | $90,500 | $1,498 |
| 2015 | $63,179 | $14,121 | $77,300 | $1,370 |
| 2014 | $59,989 | $13,911 | $73,900 | $1,462 |
| 2013 | $82,800 | $23,700 | $106,500 | $1,608 |
| 2012 | — | — | $85,600 | $1,312 |
| 2011 | $50,239 | $17,661 | $67,900 | $1,236 |
| 2010 | — | — | $111,000 | $1,220 |
| 2009 | — | — | $93,900 | $972 |
Property facts
Year built
1893
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,654 sqft
Lot size
14,201 sqft
ZIP code
55370
City
Plato
Street
1st Ave
Coordinates
44.77593, -94.03980
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
$2,481
Gross rental yield
10.37%
Implied cap rate
6.74%
Trend-extrapolated value
—
Frequently asked questions
When did 228 1st Ave last sell?
228 1st Ave most recently sold on Jul 15, 2022 for $287,000.
What is the current tax assessment for 228 1st Ave?
The most recent total assessment for 228 1st Ave (year 2026) is $299,500 with $3,846 in property tax.
How does 228 1st Ave's assessment compare to its last sale price?
The current assessment is 4.4% above the last sale price of $287,000.
When was 228 1st Ave built?
228 1st Ave was built in 1893.
How does 228 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 228 1st Ave?
228 1st Ave is a 4 bed, 3 bath, 1,654 sqft, 14,201 sqft lot single_family.
Is 228 1st Ave a flip candidate?
No — 228 1st Ave does not appear in our flips dataset.
Is 228 1st Ave a tax-appeal candidate?
No — 228 1st 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
+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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