550 5th St
Richmond, MN 56368
4 bd 3 ba 2,555 sqft Built 1995 Lot 13,939 sqft single_family
Most recent sale
$315,000
Dec 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 2, 2022 | Sold | $315,000 | NorthstarMLS |
| Oct 11, 2022 | Listed | $300,000 | NorthstarMLS |
| Jun 17, 2011 | Listing removed | $184,900 | NorthstarMLS |
| Nov 24, 2003 | Sold | $172,800 | Public Record |
| Aug 7, 2003 | Listed | $184,900 | NorthstarMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $207,800 | $3,518 |
| 2021 | — | — | $202,500 | $3,478 |
| 2020 | — | — | $176,100 | $3,222 |
| 2019 | — | — | $166,300 | $3,174 |
| 2018 | — | — | $149,600 | $2,954 |
| 2017 | — | — | $145,000 | $2,944 |
| 2016 | — | — | $146,600 | $3,302 |
| 2015 | — | — | $132,800 | $3,542 |
| 2014 | — | — | $132,800 | $2,976 |
| 2013 | — | — | $138,000 | $3,224 |
| 2012 | — | — | $147,300 | $2,874 |
| 2011 | $137,400 | $32,000 | $169,400 | $2,820 |
| 2010 | — | — | $182,500 | $2,886 |
Property facts
Year built
1995
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,555 sqft
Lot size
13,939 sqft
ZIP code
56368
City
Richmond
Street
5th St
Coordinates
45.45949, -94.52721
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,890
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 550 5th St last sell?
550 5th St most recently sold on Dec 2, 2022 for $315,000.
What is the current tax assessment for 550 5th St?
The most recent total assessment for 550 5th St (year 2022) is $207,800 with $3,518 in property tax.
How does 550 5th St's assessment compare to its last sale price?
The current assessment is 34.0% below the last sale price of $315,000.
When was 550 5th St built?
550 5th St was built in 1995.
How does 550 5th St compare to others on 5th St?
We track 8 other properties on 5th St. Browse the list under "Other properties on 5th St" to compare beds, baths, and sale history.
What are the property facts for 550 5th St?
550 5th St is a 4 bed, 3 bath, 2,555 sqft, 13,939 sqft lot single_family.
Is 550 5th St a flip candidate?
No — 550 5th St does not appear in our flips dataset.
Is 550 5th St a tax-appeal candidate?
No — 550 5th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.8%
Implied 1-yr
+3.0%
2026 Q3
$392.2K
2026 Q4
$395K
ZIP 56368 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 5th St