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28585 State Highway 123

Sandstone, MN 55072

3 bd 1 ba 1,056 sqft Built 1964 Lot 71,438 sqft single_family
Most recent sale
$199,850
Apr 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 28, 2022 Sold $199,850 MLS #6162129
Mar 9, 2022 Listed $199,850 MLS #6162129
Sep 25, 2020 Sold $153,000 MLS #5635035
Jun 26, 2009 Sold $78,000 Public Record
May 14, 2009 Listing removed $84,900 NorthstarMLS
Sep 26, 2008 Listed $84,900 MLS #3603158

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $91,100 $1,226
2019 $75,100 $1,040
2018 $57,463 $13,437 $70,900 $962
2017 $51,581 $12,619 $64,200 $902
2016 $43,010 $11,890 $54,900 $780
2015 $43,788 $11,812 $55,600 $772
2014 $33,390 $10,610 $44,000 $548
2013 $34,185 $10,915 $45,100 $572
2012 $45,415 $16,385 $61,800 $696
2011 $71,200 $25,200 $96,400 $970
2010 $71,200 $25,200 $96,400 $642
2009 $70,100 $26,300 $96,400 $778

Property facts

Year built
1964
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,056 sqft
Lot size
71,438 sqft
ZIP code
55072
City
Sandstone
Street
State Highway 123
Coordinates
46.12991, -92.84976

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,584
Gross rental yield
9.51%
Implied cap rate
6.18%
Trend-extrapolated value

Frequently asked questions

When did 28585 State Highway 123 last sell?
28585 State Highway 123 most recently sold on Apr 28, 2022 for $199,850.
What is the current tax assessment for 28585 State Highway 123?
The most recent total assessment for 28585 State Highway 123 (year 2020) is $91,100 with $1,226 in property tax.
How does 28585 State Highway 123's assessment compare to its last sale price?
The current assessment is 54.4% below the last sale price of $199,850.
When was 28585 State Highway 123 built?
28585 State Highway 123 was built in 1964.
How does 28585 State Highway 123 compare to others on State Highway 123?
We track 8 other properties on State Highway 123. Browse the list under "Other properties on State Highway 123" to compare beds, baths, and sale history.
What are the property facts for 28585 State Highway 123?
28585 State Highway 123 is a 3 bed, 1 bath, 1,056 sqft, 71,438 sqft lot single_family.
Is 28585 State Highway 123 a flip candidate?
Yes — 28585 State Highway 123 appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 28585 State Highway 123 a tax-appeal candidate?
No — 28585 State Highway 123 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
+9.2%
Implied 1-yr
+36.7%
2026 Q3
$392.3K
2026 Q4
$392.3K
ZIP 55072 — Median Price History + Forecast

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