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216 Section Ave

Spring Valley, MN 55975

5 bd 2 ba 1,088 sqft Built 1948 Lot 19,166 sqft single_family
Most recent sale
$78,500
Dec 3, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 3, 2021 Sold $78,500 MLS #6097061
Oct 7, 2021 Price changed $75,000 MLS #6097061
Sep 24, 2021 Price changed $90,000 MLS #6097061
Sep 21, 2021 Price changed $97,000 MLS #6097061
Sep 8, 2021 Listed $107,000 MLS #6097061
Mar 10, 2011 Sold $30,000 Public Record
Aug 17, 2006 Sold $30,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $78,100 $36,200 $114,300 $1,384
2020 $53,300 $22,400 $75,700 $1,368
2019 $53,300 $22,400 $75,700 $1,212
2018 $40,000 $22,400 $62,400 $1,070
2017 $39,000 $22,400 $61,400 $1,008
2016 $39,800 $22,400 $62,200 $1,012
2015 $45,800 $22,400 $68,200 $1,058
2014 $45,800 $22,400 $68,200 $1,064
2013 $47,100 $22,400 $69,500 $1,136
2012 $47,500 $23,700 $71,200 $1,172

Property facts

Year built
1948
Property type
single_family
Stories
2
Beds
5
Baths
2
Living area
1,088 sqft
Lot size
19,166 sqft
ZIP code
55975
City
Spring Valley
Street
Section Ave
Coordinates
43.68959, -92.38963

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
$471
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 216 Section Ave last sell?
216 Section Ave most recently sold on Dec 3, 2021 for $78,500.
What is the current tax assessment for 216 Section Ave?
The most recent total assessment for 216 Section Ave (year 2021) is $114,300 with $1,384 in property tax.
How does 216 Section Ave's assessment compare to its last sale price?
The current assessment is 45.6% above the last sale price of $78,500.
When was 216 Section Ave built?
216 Section Ave was built in 1948.
How does 216 Section Ave compare to others on Section Ave?
We track 8 other properties on Section Ave. Browse the list under "Other properties on Section Ave" to compare beds, baths, and sale history.
What are the property facts for 216 Section Ave?
216 Section Ave is a 5 bed, 2 bath, 1,088 sqft, 19,166 sqft lot single_family.
Is 216 Section Ave a flip candidate?
No — 216 Section Ave does not appear in our flips dataset.
Is 216 Section Ave a tax-appeal candidate?
No — 216 Section 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
+3.3%
Implied 1-yr
+13.2%
2026 Q3
$264.5K
2026 Q4
$271.7K
ZIP 55975 — Median Price History + Forecast

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