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38491 400th Ave

Richville, MN 56576

2 bd 2 ba 1,980 sqft Built 1976 Lot 217,800 sqft single_family
Most recent sale
$175,000
May 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 6, 2022 Sold $175,000 MLS #20-35323
Dec 28, 2021 Sold $61,370 Public Record
Dec 25, 2021 Listed $225,000 MLS #20-35323
Dec 22, 2021 Sold $849,900 MLS #6029779
Jul 22, 2021 Listed $849,900 MLS #6029779
Jan 1, 2021 Listing removed $849,900 NorthstarMLS
Jan 10, 2020 Listed $849,900 MLS #5353772

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $147,000 $731,400 $878,400 $7,006
2020 $140,800 $803,700 $944,500 $7,510
2019 $135,600 $803,700 $939,300 $7,284
2018 $125,900 $671,100 $797,000 $6,692
2017 $123,300 $671,100 $794,400 $7,190
2016 $113,600 $675,900 $789,500 $7,502
2015 $109,500 $675,900 $785,400 $6,297
2014 $110,500 $650,900 $761,400 $5,809
2007 $115,200 $475,000 $590,200 $3,006

Property facts

Year built
1976
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,980 sqft
Lot size
217,800 sqft
ZIP code
56576
City
Richville
Street
400th Ave
Coordinates
46.52148, -95.66726

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,050
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 38491 400th Ave last sell?
38491 400th Ave most recently sold on May 6, 2022 for $175,000.
What is the current tax assessment for 38491 400th Ave?
The most recent total assessment for 38491 400th Ave (year 2021) is $878,400 with $7,006 in property tax.
How does 38491 400th Ave's assessment compare to its last sale price?
The current assessment is 401.9% above the last sale price of $175,000.
When was 38491 400th Ave built?
38491 400th Ave was built in 1976.
How does 38491 400th Ave compare to others on 400th Ave?
We do not currently track other properties on 400th Ave.
What are the property facts for 38491 400th Ave?
38491 400th Ave is a 2 bed, 2 bath, 1,980 sqft, 217,800 sqft lot single_family.
Is 38491 400th Ave a flip candidate?
Yes — 38491 400th Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 38491 400th Ave a tax-appeal candidate?
Yes — 38491 400th Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.2%
Implied 1-yr
-1.0%
2026 Q1
$301.3K
2026 Q2
$300.6K
ZIP 56576 — Median Price History + Forecast

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