516 5th Ave
Two Harbors, MN 55616
2 bd 2 ba 1,333 sqft Built 1898 Lot 3,485 sqft single_family
Most recent sale
$170,000
Aug 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 19, 2022 | Sold | $170,000 | MLS #6103769 |
| Jul 16, 2022 | Price changed | $179,000 | MLS #6103769 |
| Jul 6, 2022 | Price changed | $184,900 | MLS #6103769 |
| Jun 24, 2022 | Listed | $189,900 | MLS #6103769 |
| Sep 21, 2017 | Sold | $79,900 | MLS #6029818 |
| Jun 22, 2017 | Listed | $79,900 | MLS #6029818 |
| Jul 28, 2009 | Sold | $47,000 | MLS #145493 |
| Mar 30, 2009 | Listed | $42,000 | MLS #145493 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $126,721 | $8,432 | $135,153 | $1,010 |
| 2023 | $70,862 | $6,021 | $76,883 | $215 |
| 2022 | $42,133 | $4,993 | $47,126 | $462 |
| 2021 | $43,173 | $5,043 | $48,216 | $443 |
| 2020 | $43,173 | $5,043 | $48,216 | $381 |
| 2019 | $35,520 | $4,920 | $40,440 | $576 |
| 2018 | $29,940 | $4,920 | $34,860 | $265 |
| 2017 | $29,640 | $4,800 | $34,440 | $225 |
| 2016 | $29,640 | $4,800 | $34,440 | $209 |
| 2015 | $27,700 | $4,300 | $32,000 | $215 |
| 2014 | $28,100 | $4,300 | $32,400 | $181 |
| 2013 | $25,000 | $4,300 | $29,300 | $169 |
| 2012 | $25,000 | $4,300 | $29,300 | $174 |
| 2011 | $25,000 | $4,300 | $29,300 | $179 |
| 2010 | — | — | $56,100 | $579 |
Property facts
Year built
1898
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,333 sqft
Lot size
3,485 sqft
ZIP code
55616
City
Two Harbors
Street
5th Ave
Coordinates
47.02353, -91.67001
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
$2,000
Gross rental yield
14.12%
Implied cap rate
9.18%
Trend-extrapolated value
—
Frequently asked questions
When did 516 5th Ave last sell?
516 5th Ave most recently sold on Aug 19, 2022 for $170,000.
What is the current tax assessment for 516 5th Ave?
The most recent total assessment for 516 5th Ave (year 2025) is $135,153 with $1,010 in property tax.
How does 516 5th Ave's assessment compare to its last sale price?
The current assessment is 20.5% below the last sale price of $170,000.
When was 516 5th Ave built?
516 5th Ave was built in 1898.
How does 516 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 516 5th Ave?
516 5th Ave is a 2 bed, 2 bath, 1,333 sqft, 3,485 sqft lot single_family.
Is 516 5th Ave a flip candidate?
No — 516 5th Ave does not appear in our flips dataset.
Is 516 5th Ave a tax-appeal candidate?
No — 516 5th 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
+4.1%
Implied 1-yr
+16.6%
2026 Q3
$283.7K
2026 Q4
$292.9K
ZIP 55616 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 5th Ave