508 Section Ave
Spring Valley, MN 55975
3 bd 2 ba 1,968 sqft Built 1908 Lot 8,276 sqft single_family
Most recent sale
$159,900
Jun 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 3, 2022 | Sold | $159,900 | MLS #11063156 |
| Mar 23, 2022 | Listed | $159,900 | MLS #11063156 |
| Jul 23, 2007 | Sold | $70,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $116,300 | $21,500 | $137,800 | $2,130 |
| 2024 | $116,300 | $21,500 | $137,800 | $1,970 |
| 2023 | — | — | $90,500 | $1,856 |
| 2021 | $95,700 | $21,500 | $117,200 | $1,534 |
| 2020 | $69,319 | $11,181 | $80,500 | $1,520 |
| 2019 | $56,487 | $10,513 | $67,000 | $1,210 |
| 2018 | $44,323 | $9,677 | $54,000 | $954 |
| 2017 | $42,383 | $9,517 | $51,900 | $894 |
| 2016 | $58,289 | $10,611 | $68,900 | $1,168 |
| 2015 | $51,507 | $10,193 | $61,700 | $996 |
| 2014 | $56,392 | $10,508 | $66,900 | $1,088 |
| 2013 | $59,520 | $10,680 | $70,200 | $1,196 |
| 2012 | $61,902 | $11,498 | $73,400 | $1,254 |
Property facts
Year built
1908
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,968 sqft
Lot size
8,276 sqft
ZIP code
55975
City
Spring Valley
Street
Section Ave
Coordinates
43.68360, -92.38958
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$959
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 508 Section Ave last sell?
508 Section Ave most recently sold on Jun 3, 2022 for $159,900.
What is the current tax assessment for 508 Section Ave?
The most recent total assessment for 508 Section Ave (year 2025) is $137,800 with $2,130 in property tax.
How does 508 Section Ave's assessment compare to its last sale price?
The current assessment is 13.8% below the last sale price of $159,900.
When was 508 Section Ave built?
508 Section Ave was built in 1908.
How does 508 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 508 Section Ave?
508 Section Ave is a 3 bed, 2 bath, 1,968 sqft, 8,276 sqft lot single_family.
Is 508 Section Ave a flip candidate?
No — 508 Section Ave does not appear in our flips dataset.
Is 508 Section Ave a tax-appeal candidate?
No — 508 Section Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.3%
Implied 1-yr
+13.2%
2026 Q3
$264.5K
2026 Q4
$271.7K
ZIP 55975 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Section Ave