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514 5th Ave

Two Harbors, MN 55616

3 bd 1 ba 984 sqft Built 1898 Lot 6,098 sqft single_family
Most recent sale
$130,000
Aug 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 31, 2022 Sold $130,000 MLS #6104632
Aug 1, 2022 Listed $130,000 MLS #6104632
Aug 20, 2013 Sold $34,000 Public Record
Jun 26, 2013 Sold $34,000 MLS #6007882
Jun 21, 2013 Listing removed $38,000 RangeMLS
May 29, 2013 Listing removed $38,000 LakeSuperiorAreaRealtors
May 28, 2013 Listed $38,000 MLS #6007882
Apr 24, 2013 Price changed $38,000 MLS #6004362
Apr 23, 2013 Price changed $32,000 MLS #6004362
Mar 19, 2013 Price changed $42,000 MLS #6004362
Jan 11, 2013 Listed $45,000 MLS #6004362
Nov 1, 2011 Listing removed $89,900 LakeSuperiorAreaRealtors
Jul 14, 2011 Price changed $89,900 MLS #158248
May 2, 2011 Listed $94,900 MLS #158248
Sep 2, 2005 Sold $83,600 MLS #119785
Jun 10, 2005 Listed $84,900 MLS #119785

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $89,033 $7,691 $96,724 $582
2023 $65,638 $5,908 $71,546 $192
2022 $38,261 $4,819 $43,080 $400
2021 $39,720 $4,920 $44,640 $390
2020 $39,720 $4,920 $44,640 $350
2019 $33,540 $4,920 $38,460 $649
2018 $34,500 $4,920 $39,420 $338
2017 $34,140 $4,800 $38,940 $292
2016 $34,140 $4,800 $38,940 $259
2015 $31,900 $4,300 $36,200 $276
2014 $32,400 $4,300 $36,700 $305
2013 $37,200 $4,300 $41,500 $918
2012 $61,900 $7,200 $69,100 $285
2011 $37,200 $4,300 $41,500 $304
2010 $76,700 $242

Property facts

Year built
1898
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
984 sqft
Lot size
6,098 sqft
ZIP code
55616
City
Two Harbors
Street
5th Ave
Coordinates
47.02357, -91.66991

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
$1,476
Gross rental yield
13.62%
Implied cap rate
8.86%
Trend-extrapolated value

Frequently asked questions

When did 514 5th Ave last sell?
514 5th Ave most recently sold on Aug 31, 2022 for $130,000.
What is the current tax assessment for 514 5th Ave?
The most recent total assessment for 514 5th Ave (year 2025) is $96,724 with $582 in property tax.
How does 514 5th Ave's assessment compare to its last sale price?
The current assessment is 25.6% below the last sale price of $130,000.
When was 514 5th Ave built?
514 5th Ave was built in 1898.
How does 514 5th Ave compare to others on 5th Ave?
We track 8 other properties on 5th Ave. Browse the list under "Other properties on 5th Ave" to compare beds, baths, and sale history.
What are the property facts for 514 5th Ave?
514 5th Ave is a 3 bed, 1 bath, 984 sqft, 6,098 sqft lot single_family.
Is 514 5th Ave a flip candidate?
No — 514 5th Ave does not appear in our flips dataset.
Is 514 5th Ave a tax-appeal candidate?
No — 514 5th 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
+4.1%
Implied 1-yr
+16.6%
2026 Q3
$283.7K
2026 Q4
$292.9K
ZIP 55616 — Median Price History + Forecast

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