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422 1st St

Raymond, MN 56282

2 bd 2 ba 1,252 sqft Built 2022 single_family
Most recent sale
$210,000
Jun 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 10, 2022 Sold $210,000 MLS #6163117
Mar 11, 2022 Listed $215,000 MLS #6163117
Jun 22, 2020 Sold $30,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $215,159 $3,756
2023 $133,454 $2,386
2022 $10,400 $10,400 $248
2021 $10,400 $10,400 $254
2012 $4,000 $4,000 $106

Property facts

Year built
2022
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,252 sqft
Lot size
ZIP code
56282
City
Raymond
Street
1st St
Coordinates
45.01158, -95.23697

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
$1,878
Gross rental yield
10.73%
Implied cap rate
6.98%
Trend-extrapolated value

Frequently asked questions

When did 422 1st St last sell?
422 1st St most recently sold on Jun 10, 2022 for $210,000.
What is the current tax assessment for 422 1st St?
The most recent total assessment for 422 1st St (year 2025) is $215,159 with $3,756 in property tax.
How does 422 1st St's assessment compare to its last sale price?
The current assessment is 2.5% above the last sale price of $210,000.
When was 422 1st St built?
422 1st St was built in 2022.
How does 422 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 422 1st St?
422 1st St is a 2 bed, 2 bath, 1,252 sqft single_family.
Is 422 1st St a flip candidate?
Yes — 422 1st St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 422 1st St a tax-appeal candidate?
No — 422 1st 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
-0.2%
Implied 1-yr
-0.6%
2025 Q2
$171K
2025 Q3
$170.7K
ZIP 56282 — Median Price History + Forecast

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