48 2nd Ave
Soudan, MN 55782
3 bd 1 ba 1,105 sqft Built 1953 Lot 10,454 sqft single_family
Most recent sale
$46,000
Dec 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 2, 2022 | Sold | $46,000 | NorthstarMLS |
| Oct 12, 2022 | Listed | $64,500 | MLS #6271120 |
| Aug 31, 2022 | Listed | $64,500 | MLS #6105238 |
| Aug 19, 2005 | Sold | $66,000 | Public Record |
| Jul 25, 2001 | Sold | $48,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $34,140 | $6,900 | $41,040 | $260 |
| 2023 | $48,700 | $10,900 | $59,600 | $824 |
| 2022 | $46,500 | $10,300 | $56,800 | $884 |
| 2021 | $46,500 | $10,300 | $56,800 | $880 |
| 2020 | $46,500 | $10,300 | $56,800 | $962 |
| 2019 | $52,900 | $10,300 | $63,200 | $798 |
| 2018 | $45,000 | $9,600 | $54,600 | $1,354 |
| 2017 | $38,700 | $8,700 | $47,400 | $680 |
| 2016 | $37,000 | $8,200 | $45,200 | $684 |
| 2015 | $37,000 | $8,200 | $45,200 | $770 |
| 2014 | $41,200 | $8,200 | $49,400 | $784 |
| 2013 | $43,700 | $8,200 | $51,900 | $910 |
| 2012 | $51,900 | $8,200 | $60,100 | $914 |
| 2011 | $51,900 | $8,200 | $60,100 | $793 |
| 2010 | $60,000 | $9,500 | $69,500 | $903 |
| 2009 | $71,600 | $11,500 | $83,100 | $364 |
| 2008 | $71,600 | $11,500 | $83,100 | $300 |
| 2007 | $54,300 | $8,600 | $62,900 | $288 |
Property facts
Year built
1953
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,105 sqft
Lot size
10,454 sqft
ZIP code
55782
City
Soudan
Street
2nd Ave
Coordinates
47.81725, -92.23189
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$276
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 48 2nd Ave last sell?
48 2nd Ave most recently sold on Dec 2, 2022 for $46,000.
What is the current tax assessment for 48 2nd Ave?
The most recent total assessment for 48 2nd Ave (year 2025) is $41,040 with $260 in property tax.
How does 48 2nd Ave's assessment compare to its last sale price?
The current assessment is 10.8% below the last sale price of $46,000.
When was 48 2nd Ave built?
48 2nd Ave was built in 1953.
How does 48 2nd Ave compare to others on 2nd Ave?
We track 1 other property 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 48 2nd Ave?
48 2nd Ave is a 3 bed, 1 bath, 1,105 sqft, 10,454 sqft lot single_family.
Is 48 2nd Ave a flip candidate?
No — 48 2nd Ave does not appear in our flips dataset.
Is 48 2nd Ave a tax-appeal candidate?
Yes — 48 2nd Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.4%
Implied 1-yr
+21.5%
2026 Q1
$131.2K
2026 Q2
$136.4K
ZIP 55782 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 2nd Ave