501 3rd Ave
Sleepy Eye, MN 56085
3 bd 2 ba 2,286 sqft Built 1954 Lot 14,810 sqft single_family
Most recent sale
$160,000
May 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 25, 2022 | Sold | $160,000 | MLS #7029420 |
| Apr 11, 2022 | Listed | $153,500 | MLS #7029420 |
| Mar 20, 2018 | Sold | $130,000 | Public Record |
| Feb 15, 2018 | Sold | $130,000 | MLS #7015746 |
| Feb 12, 2018 | Price changed | $128,400 | MLS #7015746 |
| Aug 30, 2017 | Listed | $129,900 | MLS #7015746 |
| Oct 30, 1998 | Sold | $92,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $172,104 | $2,226 |
| 2023 | — | — | $91,200 | $1,406 |
| 2022 | $67,085 | $19,515 | $86,600 | $1,396 |
| 2021 | $71,951 | $19,849 | $91,800 | $1,440 |
| 2020 | $66,897 | $18,603 | $85,500 | $1,350 |
| 2019 | $70,551 | $18,849 | $89,400 | $1,354 |
| 2018 | $74,975 | $16,825 | $91,800 | $1,424 |
| 2017 | $70,158 | $14,942 | $85,100 | $1,302 |
| 2016 | $63,568 | $13,832 | $77,400 | $1,198 |
| 2015 | $64,972 | $14,628 | $79,600 | $1,192 |
| 2014 | $67,234 | $14,766 | $82,000 | $1,160 |
| 2013 | $68,367 | $14,833 | $83,200 | $1,210 |
| 2012 | $80,700 | $16,400 | $97,100 | $1,092 |
Property facts
Year built
1954
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,286 sqft
Lot size
14,810 sqft
ZIP code
56085
City
Sleepy Eye
Street
3rd Ave
Coordinates
44.29279, -94.71960
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
$960
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 501 3rd Ave last sell?
501 3rd Ave most recently sold on May 25, 2022 for $160,000.
What is the current tax assessment for 501 3rd Ave?
The most recent total assessment for 501 3rd Ave (year 2025) is $172,104 with $2,226 in property tax.
How does 501 3rd Ave's assessment compare to its last sale price?
The current assessment is 7.6% above the last sale price of $160,000.
When was 501 3rd Ave built?
501 3rd Ave was built in 1954.
How does 501 3rd Ave compare to others on 3rd Ave?
We track 8 other properties on 3rd Ave. Browse the list under "Other properties on 3rd Ave" to compare beds, baths, and sale history.
What are the property facts for 501 3rd Ave?
501 3rd Ave is a 3 bed, 2 bath, 2,286 sqft, 14,810 sqft lot single_family.
Is 501 3rd Ave a flip candidate?
No — 501 3rd Ave does not appear in our flips dataset.
Is 501 3rd Ave a tax-appeal candidate?
No — 501 3rd 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
-3.5%
Implied 1-yr
-13.9%
2026 Q3
$131.6K
2026 Q4
$125.7K
ZIP 56085 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 3rd Ave