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105 1st St

Shelly, MN 56581

1 bd 1 ba 620 sqft Built 1926 Lot 8,756 sqft single_family
Most recent sale
$27,000
Jan 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 6, 2022 Sold $32,500 NorthstarMLS
Sep 13, 2022 Listed $32,500 MLS #6260401
Jan 24, 2022 Sold $27,000 Public Record
Aug 18, 2021 Relisted $27,000 MLS #21-578
Jul 22, 2021 Price changed $27,000 MLS #21-578
Apr 22, 2021 Listed $29,000 MLS #21-578

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $23,500 $1,800 $25,300 $502
2024 $23,500 $1,800 $25,300 $444
2022 $19,600 $1,800 $21,400 $466
2021 $12,800 $1,800 $14,600 $442
2020 $12,800 $1,800 $14,600 $424
2019 $12,800 $600 $13,400 $384
2018 $12,800 $600 $13,400 $384
2017 $12,800 $600 $13,400 $374
2016 $12,800 $600 $13,400 $360
2015 $12,800 $600 $13,400 $360
2014 $12,800 $600 $13,400 $364
2013 $12,800 $600 $13,400 $376
2012 $12,800 $600 $13,400 $376
2011 $12,800 $600 $13,400 $338

Property facts

Year built
1926
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
620 sqft
Lot size
8,756 sqft
ZIP code
56581
City
Shelly
Street
1st St
Coordinates
47.45586, -96.82055

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$162
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 105 1st St last sell?
105 1st St most recently sold on Jan 24, 2022 for $27,000.
What is the current tax assessment for 105 1st St?
The most recent total assessment for 105 1st St (year 2025) is $25,300 with $502 in property tax.
How does 105 1st St's assessment compare to its last sale price?
The current assessment is 6.3% below the last sale price of $27,000.
When was 105 1st St built?
105 1st St was built in 1926.
How does 105 1st St compare to others on 1st St?
We track 4 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 105 1st St?
105 1st St is a 1 bed, 1 bath, 620 sqft, 8,756 sqft lot single_family.
Is 105 1st St a flip candidate?
Yes — 105 1st St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 105 1st St a tax-appeal candidate?
No — 105 1st St 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
+12.9%
Implied 1-yr
+51.7%
2024 Q3
$195K
2024 Q4
$195K
ZIP 56581 — Median Price History + Forecast

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