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586 78th Ave

Spring Lake Park, MN 55432

2 bd 2 ba 1,220 sqft Built 1985 Lot 1,307 sqft townhomes
Most recent sale
$225,000
Feb 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 24, 2022 Sold $225,000 MLS #6122771
Jan 6, 2022 Price changed $222,000 MLS #6122771
Nov 12, 2021 Price changed $227,000 MLS #6122771
Nov 1, 2021 Listed $230,000 MLS #6122771
Oct 18, 2021 Sold $210,700 Public Record
Mar 4, 2020 Listed for rent $1,450 ShowMojo
Jul 21, 2003 Sold $139,900 Public Record
Oct 25, 2000 Sold $133,990 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $166,100 $46,100 $212,200 $2,745
2025 $158,800 $46,100 $204,900 $2,486
2023 $160,200 $30,600 $190,800 $2,048
2022 $139,800 $14,100 $153,900 $2,015
2021 $125,900 $12,900 $138,800 $1,822
2019 $115,400 $13,200 $128,600 $1,852
2018 $93,100 $13,500 $106,600 $1,641
2017 $84,900 $20,700 $105,600 $1,636
2016 $58,700 $22,300 $81,000 $1,310
2015 $58,000 $14,800 $72,800 $1,158
2014 $52,400 $19,000 $71,400 $1,253
2013 $84,600 $19,000 $103,600 $2,168
2012 $89,900 $19,000 $108,900 $2,662
2011 $93,500 $19,100 $112,600 $2,345
2010 $93,500 $19,100 $112,600 $2,514
2009 $118,700 $20,200 $138,900 $1,778
2008 $121,500 $20,200 $141,700 $2,174
2007 $121,800 $20,200 $142,000 $2,703

Property facts

Year built
1985
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,220 sqft
Lot size
1,307 sqft
ZIP code
55432
City
Spring Lake Park
Street
78th Ave
Coordinates
45.10921, -93.25636

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,830
Gross rental yield
9.76%
Implied cap rate
6.34%
Trend-extrapolated value

Frequently asked questions

When did 586 78th Ave last sell?
586 78th Ave most recently sold on Feb 24, 2022 for $225,000.
What is the current tax assessment for 586 78th Ave?
The most recent total assessment for 586 78th Ave (year 2026) is $212,200 with $2,745 in property tax.
How does 586 78th Ave's assessment compare to its last sale price?
The current assessment is 5.7% below the last sale price of $225,000.
When was 586 78th Ave built?
586 78th Ave was built in 1985.
How does 586 78th Ave compare to others on 78th Ave?
We track 8 other properties on 78th Ave. Browse the list under "Other properties on 78th Ave" to compare beds, baths, and sale history.
What are the property facts for 586 78th Ave?
586 78th Ave is a 2 bed, 2 bath, 1,220 sqft, 1,307 sqft lot townhomes.
Is 586 78th Ave a flip candidate?
No — 586 78th Ave does not appear in our flips dataset.
Is 586 78th Ave a tax-appeal candidate?
No — 586 78th 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
+0.4%
Implied 1-yr
+1.6%
2026 Q2
$350.8K
2026 Q3
$352.2K
ZIP 55432 — Median Price History + Forecast

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