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400 Section Ave

Spring Valley, MN 55975

3 bd 2 ba 1,272 sqft Built 1906 Lot 13,939 sqft single_family
Most recent sale
$132,000
Nov 24, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 24, 2021 Sold $132,000 MLS #6092216
Oct 15, 2021 Price changed $132,500 MLS #6092216
Sep 21, 2021 Price changed $143,500 MLS #6092216
Aug 30, 2021 Listed $148,500 MLS #6092216
Sep 5, 2017 Sold $91,700 Public Record
Aug 30, 2004 Sold $52,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $87,200 $34,700 $121,900 $1,418
2020 $59,282 $16,518 $75,800 $1,404
2019 $37,960 $12,340 $50,300 $920
2018 $31,275 $11,825 $43,100 $768
2017 $50,500 $19,700 $70,200 $1,154
2016 $53,700 $19,700 $73,400 $1,194
2015 $55,900 $19,700 $75,600 $1,174
2014 $59,900 $19,700 $79,600 $1,242
2013 $62,800 $19,700 $82,500 $1,350
2012 $42,835 $13,665 $56,500 $980

Property facts

Year built
1906
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,272 sqft
Lot size
13,939 sqft
ZIP code
55975
City
Spring Valley
Street
Section Ave
Coordinates
43.68478, -92.38955

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
$792
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 400 Section Ave last sell?
400 Section Ave most recently sold on Nov 24, 2021 for $132,000.
What is the current tax assessment for 400 Section Ave?
The most recent total assessment for 400 Section Ave (year 2021) is $121,900 with $1,418 in property tax.
How does 400 Section Ave's assessment compare to its last sale price?
The current assessment is 7.7% below the last sale price of $132,000.
When was 400 Section Ave built?
400 Section Ave was built in 1906.
How does 400 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 400 Section Ave?
400 Section Ave is a 3 bed, 2 bath, 1,272 sqft, 13,939 sqft lot single_family.
Is 400 Section Ave a flip candidate?
No — 400 Section Ave does not appear in our flips dataset.
Is 400 Section Ave a tax-appeal candidate?
No — 400 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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