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407 Main St

Richmond, MN 56368

4 bd 2 ba 2,368 sqft Built 1974 Lot 14,375 sqft single_family
Most recent sale
$250,000
Dec 1, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 1, 2021 Sold $250,000 MLS #6117639
Oct 26, 2021 Price changed $259,900 MLS #6117639
Oct 25, 2021 Listed $274,900 MLS #6117639
Oct 15, 2019 Sold $208,400 Public Record
Sep 16, 2015 Sold $165,000 MLS #4578230
Aug 3, 2015 Sold $165,100 Public Record
May 29, 2015 Price changed $172,500 MLS #4578230
May 20, 2015 Price changed $179,900 MLS #4578230
Apr 16, 2015 Price changed $182,499 MLS #4578230
Mar 30, 2015 Listed $187,500 MLS #4578230
Jan 1, 2015 Sold $165,100 Public Record
Jun 17, 2011 Listing removed $154,900 NorthstarMLS
Sep 28, 2010 Sold $130,000 Public Record
Oct 31, 2009 Listed $154,900 MLS #3852115
Jul 24, 2009 Price changed $169,900 MLS #3802482
Jun 22, 2009 Listed $174,900 MLS #3802482
Aug 31, 2001 Sold $118,000 MLS #3729682
Jun 15, 2001 Listed $124,900 MLS #3729682
Nov 27, 1998 Sold $92,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $192,000 $3,070
2019 $172,900 $2,884
2018 $165,200 $2,816
2017 $145,000 $27,500 $172,500 $2,982
2016 $152,600 $2,644
2015 $136,400 $2,488
2014 $140,600 $2,478
2013 $143,900 $2,520
2012 $125,400 $2,116
2011 $115,700 $30,000 $145,700 $2,034
2010 $156,800 $2,576

Property facts

Year built
1974
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,368 sqft
Lot size
14,375 sqft
ZIP code
56368
City
Richmond
Street
Main St
Coordinates
45.45370, -94.51269

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,500
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 407 Main St last sell?
407 Main St most recently sold on Dec 1, 2021 for $250,000.
What is the current tax assessment for 407 Main St?
The most recent total assessment for 407 Main St (year 2020) is $192,000 with $3,070 in property tax.
How does 407 Main St's assessment compare to its last sale price?
The current assessment is 23.2% below the last sale price of $250,000.
When was 407 Main St built?
407 Main St was built in 1974.
How does 407 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 407 Main St?
407 Main St is a 4 bed, 2 bath, 2,368 sqft, 14,375 sqft lot single_family.
Is 407 Main St a flip candidate?
No — 407 Main St does not appear in our flips dataset.
Is 407 Main St a tax-appeal candidate?
No — 407 Main 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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