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616 Section Ave

Spring Valley, MN 55975

3 bd 1 ba 1,102 sqft Built 1954 Lot 16,170 sqft single_family
Most recent sale
$135,000
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 19, 2022 Sold $210,000 Public Record
May 20, 2022 Sold $135,000 MLS #6146941
Feb 24, 2022 Price changed $125,000 MLS #6146941
Jan 31, 2022 Listed $125,000 MLS #6146941
Jul 8, 1997 Sold $70,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $118,040 $1,886
2024 $118,040 $1,838
2023 $96,100 $1,934
2021 $94,600 $27,700 $122,300 $1,504
2020 $63,484 $15,316 $78,800 $1,490
2019 $51,029 $14,371 $65,400 $1,182
2018 $42,809 $13,591 $56,400 $996
2017 $40,736 $13,364 $54,100 $930
2016 $36,972 $12,928 $49,900 $862
2015 $40,372 $13,328 $53,700 $874
2014 $40,372 $13,328 $53,700 $882
2013 $43,176 $13,624 $56,800 $978
2012 $45,729 $14,771 $60,500 $1,044

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,102 sqft
Lot size
16,170 sqft
ZIP code
55975
City
Spring Valley
Street
Section Ave
Coordinates
43.69536, -92.38958

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
$810
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 616 Section Ave last sell?
616 Section Ave most recently sold on May 20, 2022 for $135,000.
What is the current tax assessment for 616 Section Ave?
The most recent total assessment for 616 Section Ave (year 2025) is $118,040 with $1,886 in property tax.
How does 616 Section Ave's assessment compare to its last sale price?
The current assessment is 12.6% below the last sale price of $135,000.
When was 616 Section Ave built?
616 Section Ave was built in 1954.
How does 616 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 616 Section Ave?
616 Section Ave is a 3 bed, 1 bath, 1,102 sqft, 16,170 sqft lot single_family.
Is 616 Section Ave a flip candidate?
Yes — 616 Section Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 616 Section Ave a tax-appeal candidate?
No — 616 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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