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510 1st Ave

Sleepy Eye, MN 56085

2 bd 1 ba 1,724 sqft Built 1949 Lot 3,750 sqft single_family
Most recent sale
$74,500
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 1, 2022 Sold $74,500 MLS #7029780
May 13, 2022 Listed $74,500 MLS #7029780
Dec 28, 2017 Sold $40,000 MLS #7015564
Oct 6, 2017 Price changed $49,000 MLS #7015564
Aug 11, 2017 Listed $59,900 MLS #7015564
Aug 17, 2010 Sold $38,000 MLS #119558
Jul 21, 2010 Relisted $49,900 MLS #119558
Jul 20, 2010 Listing removed $49,900 Mankato
Jun 9, 2010 Price changed $49,900 MLS #119558
Oct 17, 2009 Price changed $59,900 MLS #119558
Jul 25, 2009 Price changed $65,000 MLS #119558
Apr 4, 2009 Relisted $70,000 MLS #119558
Feb 23, 2009 Listing removed $70,000 Mankato
Feb 21, 2009 Listed $49,900 MLS #119558
Sep 1, 1995 Sold $39,780 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $52,600 $8,700 $61,300 $962
2021 $54,100 $8,700 $62,800 $960
2020 $54,100 $8,700 $62,800 $896
2019 $49,900 $8,500 $58,400 $864
2018 $50,200 $8,500 $58,700 $542
2017 $27,977 $4,323 $32,300 $520
2016 $27,283 $4,317 $31,600 $506
2015 $26,177 $4,323 $30,500 $496
2014 $26,374 $4,326 $30,700 $488
2013 $28,183 $4,317 $32,500 $508
2012 $28,980 $4,320 $33,300 $486
2011 $45,400 $5,700 $51,100 $544

Property facts

Year built
1949
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,724 sqft
Lot size
3,750 sqft
ZIP code
56085
City
Sleepy Eye
Street
1st Ave
Coordinates
44.30082, -94.72316

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$447
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 510 1st Ave last sell?
510 1st Ave most recently sold on Jul 1, 2022 for $74,500.
What is the current tax assessment for 510 1st Ave?
The most recent total assessment for 510 1st Ave (year 2022) is $61,300 with $962 in property tax.
How does 510 1st Ave's assessment compare to its last sale price?
The current assessment is 17.7% below the last sale price of $74,500.
When was 510 1st Ave built?
510 1st Ave was built in 1949.
How does 510 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 510 1st Ave?
510 1st Ave is a 2 bed, 1 bath, 1,724 sqft, 3,750 sqft lot single_family.
Is 510 1st Ave a flip candidate?
No — 510 1st Ave does not appear in our flips dataset.
Is 510 1st Ave a tax-appeal candidate?
No — 510 1st 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
-13.9%
2026 Q3
$131.6K
2026 Q4
$125.7K
ZIP 56085 — Median Price History + Forecast

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