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225 Main St

Vergas, MN 56587

3 bd 2 ba 1,508 sqft Built 1926 Lot 10,498 sqft single_family
Most recent sale
$188,500
Nov 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 29, 2025 Sold $212,000 NorthstarMLS
May 19, 2025 Price changed $209,900 NorthstarMLS
Apr 12, 2025 Listed $215,000 NorthstarMLS
Nov 10, 2022 Sold $188,500 NorthstarMLS
Sep 28, 2022 Listed $189,900 NorthstarMLS
Mar 30, 2017 Sold $86,000 LakeRegionMN
Feb 9, 2017 Listing removed $79,900 Fargo
Jan 4, 2017 Price changed $79,900 Fargo
Dec 19, 2016 Price changed $79,900 LakeRegionMN
Dec 13, 2016 Price changed $88,500 Fargo
Dec 12, 2016 Price changed $88,500 LakeRegionMN
Nov 17, 2016 Listed $89,500 Fargo
Nov 15, 2016 Listed $89,500 LakeRegionMN
May 14, 2014 Listing removed $98,500 DetroitLakes
May 13, 2014 Listing removed $98,500 LakeRegionMN
Apr 14, 2014 Price changed $98,500 DetroitLakes
Apr 11, 2014 Listed $96,500 DetroitLakes
Aug 5, 2011 Sold $75,000 LakeRegionMN
Jul 2, 2011 Listing removed $86,000 DetroitLakes
Jun 30, 2011 Relisted $86,000 LakeRegionMN
Jun 29, 2011 Relisted $86,000 DetroitLakes
Jun 8, 2011 Listing removed $86,000 DetroitLakes
Jun 7, 2011 Listing removed $86,000 LakeRegionMN
Apr 26, 2011 Relisted $86,000 DetroitLakes
Mar 14, 2011 Relisted $86,000 LakeRegionMN
Mar 7, 2011 Listing removed $86,000 DetroitLakes
Aug 9, 2010 Listed $86,000 DetroitLakes
Aug 7, 2010 Listed $86,000 Fargo

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $226,400 $2,264
2021 $101,200 $9,300 $110,500 $2,232
2020 $94,700 $7,800 $102,500 $1,826
2019 $91,600 $7,800 $99,400 $1,380
2018 $82,900 $6,400 $89,300 $1,264
2017 $81,900 $6,400 $88,300 $1,274
2016 $77,600 $6,400 $84,000 $1,182
2015 $75,800 $6,400 $82,200 $1,164
2014 $72,700 $6,400 $79,100 $1,120
2013 $73,500 $6,400 $79,900 $1,174
2007 $84,100 $8,600 $92,700 $820

Property facts

Year built
1926
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,508 sqft
Lot size
10,498 sqft
ZIP code
56587
City
Vergas
Street
Main St
Coordinates
46.65544, -95.80797

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
$2,262
Gross rental yield
14.40%
Implied cap rate
9.36%
Trend-extrapolated value

Frequently asked questions

When did 225 Main St last sell?
225 Main St most recently sold on Nov 10, 2022 for $188,500.
What is the current tax assessment for 225 Main St?
The most recent total assessment for 225 Main St (year 2022) is $226,400 with $2,264 in property tax.
How does 225 Main St's assessment compare to its last sale price?
The current assessment is 20.1% above the last sale price of $188,500.
When was 225 Main St built?
225 Main St was built in 1926.
How does 225 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 225 Main St?
225 Main St is a 3 bed, 2 bath, 1,508 sqft, 10,498 sqft lot single_family.
Is 225 Main St a flip candidate?
No — 225 Main St does not appear in our flips dataset.
Is 225 Main St a tax-appeal candidate?
No — 225 Main St 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
-5.1%
Implied 1-yr
-20.5%
2026 Q3
$156.7K
2026 Q4
$144.6K
ZIP 56587 — Median Price History + Forecast

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