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409 Summit St

Sleepy Eye, MN 56085

2 bd 1 ba 1,424 sqft Built 1947 Lot 6,970 sqft single_family
Most recent sale
$79,900
Jul 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 11, 2022 Sold $79,900 MLS #7030001
Jun 3, 2022 Listed $79,900 MLS #7030001
May 29, 2014 Sold $27,000 MLS #131249
Apr 12, 2013 Sold $27,000 Public Record
Nov 13, 2012 Relisted $33,900 MLS #131249
Oct 27, 2012 Listing removed $35,900 Mankato
Sep 4, 2012 Price changed $35,900 MLS #131249
Apr 26, 2012 Listed $39,900 MLS #131249
Apr 28, 2004 Sold $36,000 Public Record
Jul 26, 1993 Sold $27,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $71,100 $17,100 $88,200 $1,144
2023 $49,000 $14,900 $63,900 $972
2022 $43,600 $14,900 $58,500 $918
2021 $46,000 $14,900 $60,900 $930
2020 $46,000 $14,900 $60,900 $864
2019 $42,100 $14,200 $56,300 $830
2018 $42,200 $14,200 $56,400 $802
2017 $39,400 $12,600 $52,000 $704
2016 $34,900 $11,500 $46,400 $430
2015 $19,065 $6,535 $25,600 $442
2014 $20,190 $6,910 $27,100 $442
2013 $22,291 $6,909 $29,200 $458
2012 $23,009 $6,891 $29,900 $458
2011 $38,000 $9,500 $47,500 $508

Property facts

Year built
1947
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,424 sqft
Lot size
6,970 sqft
ZIP code
56085
City
Sleepy Eye
Street
Summit St
Coordinates
44.29179, -94.71786

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
$479
Gross rental yield
7.19%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 409 Summit St last sell?
409 Summit St most recently sold on Jul 11, 2022 for $79,900.
What is the current tax assessment for 409 Summit St?
The most recent total assessment for 409 Summit St (year 2025) is $88,200 with $1,144 in property tax.
How does 409 Summit St's assessment compare to its last sale price?
The current assessment is 10.4% above the last sale price of $79,900.
When was 409 Summit St built?
409 Summit St was built in 1947.
How does 409 Summit St compare to others on Summit St?
We track 8 other properties on Summit St. Browse the list under "Other properties on Summit St" to compare beds, baths, and sale history.
What are the property facts for 409 Summit St?
409 Summit St is a 2 bed, 1 bath, 1,424 sqft, 6,970 sqft lot single_family.
Is 409 Summit St a flip candidate?
No — 409 Summit St does not appear in our flips dataset.
Is 409 Summit St a tax-appeal candidate?
No — 409 Summit St 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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