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551 6th St

Richmond, MN 56368

4 bd 2 ba 2,444 sqft Built 1999 Lot 13,939 sqft single_family
Most recent sale
$300,000
Jan 20, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 20, 2023 Sold $300,000 NorthstarMLS
Oct 31, 2022 Price changed $300,000 NorthstarMLS
Oct 17, 2022 Price changed $299,900 NorthstarMLS
Oct 6, 2022 Listed $315,000 NorthstarMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $207,900 $3,520
2021 $203,200 $3,488
2020 $177,300 $3,240
2019 $164,500 $3,144
2018 $149,500 $2,952
2017 $139,000 $2,840
2016 $140,500 $2,836
2015 $125,900 $2,698
2014 $127,300 $2,644
2013 $132,500 $2,722
2012 $141,500 $2,778
2011 $132,700 $32,000 $164,700 $2,834
2010 $176,600 $2,884

Property facts

Year built
1999
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,444 sqft
Lot size
13,939 sqft
ZIP code
56368
City
Richmond
Street
6th St
Coordinates
45.45995, -94.52722

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,800
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 551 6th St last sell?
551 6th St most recently sold on Jan 20, 2023 for $300,000.
What is the current tax assessment for 551 6th St?
The most recent total assessment for 551 6th St (year 2022) is $207,900 with $3,520 in property tax.
How does 551 6th St's assessment compare to its last sale price?
The current assessment is 30.7% below the last sale price of $300,000.
When was 551 6th St built?
551 6th St was built in 1999.
How does 551 6th St compare to others on 6th St?
We track 8 other properties on 6th St. Browse the list under "Other properties on 6th St" to compare beds, baths, and sale history.
What are the property facts for 551 6th St?
551 6th St is a 4 bed, 2 bath, 2,444 sqft, 13,939 sqft lot single_family.
Is 551 6th St a flip candidate?
No — 551 6th St does not appear in our flips dataset.
Is 551 6th St a tax-appeal candidate?
No — 551 6th 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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