216 1st St
Wadena, MN 56482
3 bd 2 ba 1,628 sqft Built 1920 Lot 7,492 sqft multi_family
Most recent sale
$40,000
Jan 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 11, 2022 | Sold | $40,000 | MLS #6088574 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $49,300 | $11,300 | $60,600 | $944 |
| 2025 | $46,900 | $11,300 | $58,200 | $908 |
| 2024 | $41,200 | $5,600 | $46,800 | $650 |
| 2023 | $35,400 | $5,600 | $41,000 | $630 |
| 2022 | $29,700 | $5,600 | $35,300 | $662 |
| 2021 | $34,400 | $5,600 | $40,000 | $750 |
| 2020 | $34,400 | $5,600 | $40,000 | $702 |
| 2019 | $32,100 | $5,600 | $37,700 | $684 |
| 2018 | $29,800 | $5,600 | $35,400 | $686 |
| 2017 | $27,600 | $5,600 | $33,200 | $644 |
| 2016 | $27,600 | $5,600 | $33,200 | $670 |
| 2015 | $31,800 | $5,600 | $37,400 | $776 |
| 2014 | $38,700 | $5,600 | $44,300 | $880 |
| 2013 | $30,500 | $5,600 | $36,100 | $814 |
| 2012 | $23,600 | $5,600 | $29,200 | $828 |
| 2011 | $27,200 | $5,600 | $32,800 | $856 |
| 2010 | $27,200 | $5,600 | $32,800 | $876 |
| 2009 | $32,100 | $5,600 | $37,700 | $804 |
Property facts
Year built
1920
Property type
multi_family
Stories
—
Beds
3
Baths
2
Living area
1,628 sqft
Lot size
7,492 sqft
ZIP code
56482
City
Wadena
Street
1st St
Coordinates
46.44310, -95.13322
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
$240
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 216 1st St last sell?
216 1st St most recently sold on Jan 11, 2022 for $40,000.
What is the current tax assessment for 216 1st St?
The most recent total assessment for 216 1st St (year 2026) is $60,600 with $944 in property tax.
How does 216 1st St's assessment compare to its last sale price?
The current assessment is 51.5% above the last sale price of $40,000.
When was 216 1st St built?
216 1st St was built in 1920.
How does 216 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 216 1st St?
216 1st St is a 3 bed, 2 bath, 1,628 sqft, 7,492 sqft lot multi_family.
Is 216 1st St a flip candidate?
No — 216 1st St does not appear in our flips dataset.
Is 216 1st St a tax-appeal candidate?
Yes — 216 1st St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+9.0%
Implied 1-yr
+35.9%
2026 Q2
$399.4K
2026 Q3
$422K
ZIP 56482 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 1st St