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507 Ugstad Rd

Proctor, MN 55810

2 bd 1 ba 726 sqft Built 1945 Lot 7,841 sqft single_family
Most recent sale
$185,000
Nov 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 15, 2022 Sold $185,000 LakeSuperiorAreaRealtors
Oct 4, 2022 Listed $165,000 LakeSuperiorAreaRealtors
Jun 13, 2016 Sold $100,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $105,165 $12,657 $117,822 $1,948
2023 $75,388 $9,234 $84,622 $1,610
2022 $69,111 $8,317 $77,428 $1,602
2021 $67,017 $8,013 $75,030 $1,558
2020 $60,200 $7,745 $67,945 $1,460
2019 $42,042 $18,491 $60,533 $1,322
2018 $42,042 $18,491 $60,533 $1,346
2017 $38,213 $17,960 $56,173 $1,250
2016 $35,300 $16,400 $51,700 $1,170
2015 $35,300 $16,400 $51,700 $1,160
2014 $32,500 $15,800 $48,300 $1,013
2013 $32,500 $15,800 $48,300 $1,023
2011 $35,500 $17,300 $52,800 $804
2010 $57,100 $28,000 $85,100 $789
2009 $58,700 $28,900 $87,600 $734
2008 $68,800 $16,900 $85,700 $783
2007 $64,800 $15,900 $80,700 $789

Property facts

Year built
1945
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
726 sqft
Lot size
7,841 sqft
ZIP code
55810
City
Proctor
Street
Ugstad Rd
Coordinates
46.74726, -92.23754

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
$1,089
Gross rental yield
7.06%
Implied cap rate
4.59%
Trend-extrapolated value

Frequently asked questions

When did 507 Ugstad Rd last sell?
507 Ugstad Rd most recently sold on Nov 15, 2022 for $185,000.
What is the current tax assessment for 507 Ugstad Rd?
The most recent total assessment for 507 Ugstad Rd (year 2025) is $117,822 with $1,948 in property tax.
How does 507 Ugstad Rd's assessment compare to its last sale price?
The current assessment is 36.3% below the last sale price of $185,000.
When was 507 Ugstad Rd built?
507 Ugstad Rd was built in 1945.
How does 507 Ugstad Rd compare to others on Ugstad Rd?
We track 8 other properties on Ugstad Rd. Browse the list under "Other properties on Ugstad Rd" to compare beds, baths, and sale history.
What are the property facts for 507 Ugstad Rd?
507 Ugstad Rd is a 2 bed, 1 bath, 726 sqft, 7,841 sqft lot single_family.
Is 507 Ugstad Rd a flip candidate?
No — 507 Ugstad Rd does not appear in our flips dataset.
Is 507 Ugstad Rd a tax-appeal candidate?
No — 507 Ugstad Rd 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
+3.5%
Implied 1-yr
+13.9%
2026 Q3
$422K
2026 Q4
$433.9K
ZIP 55810 — Median Price History + Forecast

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