701 Summit Ave
Sauk Rapids, MN 56379
3 bd 1 ba 1,128 sqft Built 1948 Lot 9,845 sqft single_family
Most recent sale
$173,700
May 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 27, 2022 | Sold | $173,700 | MLS #6172377 |
| Mar 31, 2022 | Listed | $159,900 | MLS #6172377 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $137,800 | $2,204 |
| 2023 | — | — | $106,900 | $1,896 |
| 2022 | — | — | $89,600 | $1,378 |
| 2021 | — | — | $81,600 | $1,260 |
| 2020 | — | — | $77,000 | $1,246 |
| 2019 | — | — | $71,900 | $1,200 |
| 2018 | $45,674 | $16,726 | $62,400 | $1,090 |
| 2017 | $44,067 | $16,533 | $60,600 | $1,066 |
| 2016 | $42,539 | $16,361 | $58,900 | $1,042 |
| 2015 | $39,522 | $15,978 | $55,500 | $1,046 |
| 2014 | $36,534 | $15,566 | $52,100 | $1,032 |
| 2013 | $38,194 | $15,806 | $54,000 | $1,066 |
| 2012 | $44,536 | $20,364 | $64,900 | $1,136 |
| 2011 | $65,200 | $29,400 | $94,600 | $1,216 |
| 2010 | $70,300 | $34,300 | $104,600 | $1,340 |
Property facts
Year built
1948
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,128 sqft
Lot size
9,845 sqft
ZIP code
56379
City
Sauk Rapids
Street
Summit Ave
Coordinates
45.58346, -94.15756
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,692
Gross rental yield
11.69%
Implied cap rate
7.60%
Trend-extrapolated value
—
Frequently asked questions
When did 701 Summit Ave last sell?
701 Summit Ave most recently sold on May 27, 2022 for $173,700.
What is the current tax assessment for 701 Summit Ave?
The most recent total assessment for 701 Summit Ave (year 2025) is $137,800 with $2,204 in property tax.
How does 701 Summit Ave's assessment compare to its last sale price?
The current assessment is 20.7% below the last sale price of $173,700.
When was 701 Summit Ave built?
701 Summit Ave was built in 1948.
How does 701 Summit Ave compare to others on Summit Ave?
We track 8 other properties on Summit Ave. Browse the list under "Other properties on Summit Ave" to compare beds, baths, and sale history.
What are the property facts for 701 Summit Ave?
701 Summit Ave is a 3 bed, 1 bath, 1,128 sqft, 9,845 sqft lot single_family.
Is 701 Summit Ave a flip candidate?
No — 701 Summit Ave does not appear in our flips dataset.
Is 701 Summit Ave a tax-appeal candidate?
No — 701 Summit Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.1%
Implied 1-yr
+8.2%
2026 Q3
$280.7K
2026 Q4
$285.8K
ZIP 56379 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Summit Ave