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421 2nd Ave

Sleepy Eye, MN 56085

5 bd 1 ba 1,740 sqft Built 1934 Lot 7,000 sqft single_family
Most recent sale
$152,000
May 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 25, 2022 Sold $152,000 MLS #7029218
Apr 6, 2022 Price changed $155,900 MLS #7029218
Mar 15, 2022 Listed $159,000 MLS #7029218

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $118,694 $1,562
2023 $87,347 $1,350
2022 $68,351 $10,749 $79,100 $1,278
2021 $75,546 $11,054 $86,600 $1,362
2020 $71,453 $10,647 $82,100 $1,300
2019 $70,206 $10,594 $80,800 $1,228
2018 $61,367 $8,533 $69,900 $1,106
2017 $64,916 $8,684 $73,600 $1,138
2016 $63,087 $8,613 $71,700 $1,116
2015 $61,174 $8,526 $69,700 $1,054
2014 $62,227 $8,573 $70,800 $1,010
2013 $63,281 $8,619 $71,900 $1,050
2012 $76,000 $9,500 $85,500 $860

Property facts

Year built
1934
Property type
single_family
Stories
1
Beds
5
Baths
1
Living area
1,740 sqft
Lot size
7,000 sqft
ZIP code
56085
City
Sleepy Eye
Street
2nd Ave
Coordinates
44.30020, -94.72394

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
$912
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 421 2nd Ave last sell?
421 2nd Ave most recently sold on May 25, 2022 for $152,000.
What is the current tax assessment for 421 2nd Ave?
The most recent total assessment for 421 2nd Ave (year 2025) is $118,694 with $1,562 in property tax.
How does 421 2nd Ave's assessment compare to its last sale price?
The current assessment is 21.9% below the last sale price of $152,000.
When was 421 2nd Ave built?
421 2nd Ave was built in 1934.
How does 421 2nd Ave compare to others on 2nd Ave?
We track 8 other properties on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 421 2nd Ave?
421 2nd Ave is a 5 bed, 1 bath, 1,740 sqft, 7,000 sqft lot single_family.
Is 421 2nd Ave a flip candidate?
No — 421 2nd Ave does not appear in our flips dataset.
Is 421 2nd Ave a tax-appeal candidate?
No — 421 2nd 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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