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524 2nd Ave

Sleepy Eye, MN 56085

3 bd 2 ba 2,456 sqft Built 1938 Lot 6,970 sqft single_family
Most recent sale
$136,500
Dec 22, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 22, 2021 Sold $136,500 MLS #7028507

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $107,000 $16,100 $123,100 $1,668
2023 $90,000 $14,000 $104,000 $1,646
2022 $61,112 $10,388 $71,500 $1,160
2021 $61,965 $10,435 $72,400 $1,146
2020 $54,154 $9,346 $63,500 $1,016
2019 $57,756 $9,544 $67,300 $1,030
2018 $53,920 $8,180 $62,100 $992
2017 $55,128 $8,672 $63,800 $998
2016 $51,715 $8,485 $60,200 $950
2015 $52,469 $8,531 $61,000 $934
2014 $52,374 $8,526 $60,900 $876
2013 $55,224 $8,676 $63,900 $938
2012 $77,200 $10,000 $87,200 $1,064

Property facts

Year built
1938
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,456 sqft
Lot size
6,970 sqft
ZIP code
56085
City
Sleepy Eye
Street
2nd Ave
Coordinates
44.30132, -94.72186

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
$819
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 524 2nd Ave last sell?
524 2nd Ave most recently sold on Dec 22, 2021 for $136,500.
What is the current tax assessment for 524 2nd Ave?
The most recent total assessment for 524 2nd Ave (year 2025) is $123,100 with $1,668 in property tax.
How does 524 2nd Ave's assessment compare to its last sale price?
The current assessment is 9.8% below the last sale price of $136,500.
When was 524 2nd Ave built?
524 2nd Ave was built in 1938.
How does 524 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 524 2nd Ave?
524 2nd Ave is a 3 bed, 2 bath, 2,456 sqft, 6,970 sqft lot single_family.
Is 524 2nd Ave a flip candidate?
No — 524 2nd Ave does not appear in our flips dataset.
Is 524 2nd Ave a tax-appeal candidate?
No — 524 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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