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714 5th St

Richmond, MN 56368

5 bd 3 ba 4,164 sqft Built 2002 Lot 16,553 sqft single_family
Most recent sale
$390,000
Sep 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 2, 2022 Sold $390,000 MLS #6199191
Jul 20, 2022 Price changed $398,900 MLS #6199191
Jul 8, 2022 Price changed $424,900 MLS #6199191
Jun 23, 2022 Price changed $439,000 MLS #6199191
May 19, 2022 Listed $449,000 MLS #6199191
Jun 28, 2005 Sold $60,000 Public Record
Jun 17, 2005 Sold $60,000 Public Record
Oct 11, 2002 Sold $35,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $279,900 $4,732
2019 $272,600 $4,700
2018 $259,800 $4,222
2017 $225,800 $4,212
2016 $219,200 $4,208
2015 $221,600 $4,024
2014 $200,500 $3,930
2013 $201,600 $3,738
2012 $191,700 $3,794
2011 $203,000 $3,674
2010 $182,300 $39,000 $221,300 $3,748

Property facts

Year built
2002
Property type
single_family
Stories
1
Beds
5
Baths
3
Living area
4,164 sqft
Lot size
16,553 sqft
ZIP code
56368
City
Richmond
Street
5th St
Coordinates
45.45932, -94.53265

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
$2,340
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 714 5th St last sell?
714 5th St most recently sold on Sep 2, 2022 for $390,000.
What is the current tax assessment for 714 5th St?
The most recent total assessment for 714 5th St (year 2020) is $279,900 with $4,732 in property tax.
How does 714 5th St's assessment compare to its last sale price?
The current assessment is 28.2% below the last sale price of $390,000.
When was 714 5th St built?
714 5th St was built in 2002.
How does 714 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 714 5th St?
714 5th St is a 5 bed, 3 bath, 4,164 sqft, 16,553 sqft lot single_family.
Is 714 5th St a flip candidate?
No — 714 5th St does not appear in our flips dataset.
Is 714 5th St a tax-appeal candidate?
No — 714 5th 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
+0.8%
Implied 1-yr
+3.0%
2026 Q3
$392.2K
2026 Q4
$395K
ZIP 56368 — Median Price History + Forecast

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