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513 1st Ave

Sacred Heart, MN 56285

4 bd 2 ba 2,040 sqft Built 1900 Lot 14,941 sqft single_family
Most recent sale
$58,000
Jan 18, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 18, 2023 Sold $58,000 NorthstarMLS
Nov 10, 2022 Price changed $65,000 NorthstarMLS
Oct 31, 2022 Price changed $70,000 NorthstarMLS
Oct 19, 2022 Listed $90,000 NorthstarMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $63,800 $7,500 $71,300 $2,444
2025 $57,500 $7,500 $65,000 $2,210
2022 $25,320 $1,164
2021 $24,240 $1,106
2020 $20,580 $1,028
2018 $22,080 $1,064
2017 $21,180 $990
2016 $21,180 $1,040
2015 $19,600 $966
2014 $18,100 $842
2013 $16,500 $802
2012 $14,900 $712
2011 $18,900 $4,500 $23,400 $706
2010 $21,100 $4,500 $25,600 $682

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,040 sqft
Lot size
14,941 sqft
ZIP code
56285
City
Sacred Heart
Street
1st Ave
Coordinates
44.78400, -95.34956

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$348
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 513 1st Ave last sell?
513 1st Ave most recently sold on Jan 18, 2023 for $58,000.
What is the current tax assessment for 513 1st Ave?
The most recent total assessment for 513 1st Ave (year 2026) is $71,300 with $2,444 in property tax.
How does 513 1st Ave's assessment compare to its last sale price?
The current assessment is 22.9% above the last sale price of $58,000.
When was 513 1st Ave built?
513 1st Ave was built in 1900.
How does 513 1st Ave compare to others on 1st Ave?
We track 8 other properties on 1st Ave. Browse the list under "Other properties on 1st Ave" to compare beds, baths, and sale history.
What are the property facts for 513 1st Ave?
513 1st Ave is a 4 bed, 2 bath, 2,040 sqft, 14,941 sqft lot single_family.
Is 513 1st Ave a flip candidate?
No — 513 1st Ave does not appear in our flips dataset.
Is 513 1st Ave a tax-appeal candidate?
Yes — 513 1st 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
-5.3%
Implied 1-yr
-21.1%
2025 Q3
$98K
2025 Q4
$90.1K
ZIP 56285 — Median Price History + Forecast

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