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940 Alger Ave

Rush City, MN 55069

1 bd 1 ba 500 sqft Built 1950 Lot 160,039 sqft single_family
Most recent sale
$95,000
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 29, 2022 Sold $95,000 MLS #6212838
Jun 7, 2022 Listed $100,000 MLS #6212838
Apr 29, 1997 Sold $25,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $34,100 $27,000 $61,100 $892
2023 $36,500 $29,800 $66,300 $956
2022 $27,800 $22,600 $50,400 $882
2021 $23,700 $21,700 $45,400 $816
2020 $23,700 $21,700 $45,400 $808
2019 $22,200 $21,700 $43,900 $776
2018 $18,000 $21,700 $39,700 $622
2017 $17,500 $18,700 $36,200 $584
2016 $15,300 $18,500 $33,800 $502
2015 $15,400 $13,000 $28,400 $512
2014 $15,500 $13,000 $28,500 $428
2013 $14,000 $10,200 $24,200 $430
2012 $14,000 $10,700 $24,700 $492
2011 $30,700 $606
2010 $64,300 $582
2009 $35,300 $39,800 $75,100 $634
2008 $37,300 $40,600 $77,900 $1,186
2007 $43,800 $38,200 $82,000 $998

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
500 sqft
Lot size
160,039 sqft
ZIP code
55069
City
Rush City
Street
Alger Ave
Coordinates
45.67923, -92.95762

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$750
Gross rental yield
9.47%
Implied cap rate
6.16%
Trend-extrapolated value

Frequently asked questions

When did 940 Alger Ave last sell?
940 Alger Ave most recently sold on Jul 29, 2022 for $95,000.
What is the current tax assessment for 940 Alger Ave?
The most recent total assessment for 940 Alger Ave (year 2025) is $61,100 with $892 in property tax.
How does 940 Alger Ave's assessment compare to its last sale price?
The current assessment is 35.7% below the last sale price of $95,000.
When was 940 Alger Ave built?
940 Alger Ave was built in 1950.
How does 940 Alger Ave compare to others on Alger Ave?
We track 6 other properties on Alger Ave. Browse the list under "Other properties on Alger Ave" to compare beds, baths, and sale history.
What are the property facts for 940 Alger Ave?
940 Alger Ave is a 1 bed, 1 bath, 500 sqft, 160,039 sqft lot single_family.
Is 940 Alger Ave a flip candidate?
No — 940 Alger Ave does not appear in our flips dataset.
Is 940 Alger Ave a tax-appeal candidate?
No — 940 Alger Ave 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
+3.5%
Implied 1-yr
+13.8%
2026 Q3
$413K
2026 Q4
$424.6K
ZIP 55069 — Median Price History + Forecast

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