515 3rd Ave
Sleepy Eye, MN 56085
4 bd 3 ba 4,404 sqft Built 1969 Lot 14,854 sqft single_family
Most recent sale
$275,000
Jun 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 20, 2023 | Listing removed | $174,900 | Mankato |
| Jun 23, 2022 | Sold | $275,000 | MLS #6185841 |
| Apr 28, 2022 | Listed | $299,900 | MLS #6185841 |
| Apr 2, 2021 | Sold | $57,500 | MLS #7026361 |
| Mar 10, 2021 | Listed | $57,500 | MLS #7026361 |
| May 23, 2016 | Sold | $145,500 | MLS #7009042 |
| Mar 30, 2016 | Price changed | $149,900 | MLS #7009042 |
| Feb 11, 2016 | Price changed | $154,900 | MLS #7009042 |
| Oct 8, 2015 | Price changed | $159,900 | MLS #7009042 |
| Aug 4, 2015 | Price changed | $164,900 | MLS #7009042 |
| Jul 10, 2015 | Listed | $169,900 | MLS #7009042 |
| Aug 31, 2014 | Sold | $148,800 | MLS #121179 |
| Mar 22, 2013 | Listing removed | $174,900 | Mankato |
| Feb 7, 2012 | Listed | $174,900 | MLS #130411 |
| Feb 18, 2011 | Listing removed | $169,900 | Mankato |
| Sep 6, 2010 | Listed | $169,900 | MLS #125955 |
| Aug 31, 2009 | Sold | $148,800 | Public Record |
| Jul 20, 2009 | Listed | $149,900 | MLS #121179 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $270,967 | $4,670 |
| 2023 | — | — | $151,984 | $3,562 |
| 2022 | $139,100 | $27,200 | $166,300 | $2,609 |
| 2021 | $146,500 | $27,200 | $173,700 | $2,654 |
| 2020 | $146,500 | $27,200 | $173,700 | $2,522 |
| 2019 | $138,500 | $26,000 | $164,500 | $2,528 |
| 2018 | $145,900 | $26,000 | $171,900 | $2,420 |
| 2017 | $139,000 | $23,000 | $162,000 | $2,092 |
| 2016 | $122,103 | $17,997 | $140,100 | $1,940 |
| 2015 | $111,873 | $16,827 | $128,700 | $1,948 |
| 2014 | $116,075 | $17,825 | $133,900 | $1,830 |
| 2013 | $113,844 | $17,756 | $131,600 | $1,938 |
| 2012 | $117,339 | $17,861 | $135,200 | $1,808 |
| 2011 | $122,500 | $17,300 | $139,800 | $1,744 |
Property facts
Year built
1969
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
4,404 sqft
Lot size
14,854 sqft
ZIP code
56085
City
Sleepy Eye
Street
3rd Ave
Coordinates
44.29235, -94.72534
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
$1,650
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 515 3rd Ave last sell?
515 3rd Ave most recently sold on Jun 23, 2022 for $275,000.
What is the current tax assessment for 515 3rd Ave?
The most recent total assessment for 515 3rd Ave (year 2025) is $270,967 with $4,670 in property tax.
How does 515 3rd Ave's assessment compare to its last sale price?
The current assessment is 1.5% below the last sale price of $275,000.
When was 515 3rd Ave built?
515 3rd Ave was built in 1969.
How does 515 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 515 3rd Ave?
515 3rd Ave is a 4 bed, 3 bath, 4,404 sqft, 14,854 sqft lot single_family.
Is 515 3rd Ave a flip candidate?
Yes — 515 3rd Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 515 3rd Ave a tax-appeal candidate?
No — 515 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