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224 1st St

Wadena, MN 56482

2 bd 1 ba 774 sqft Built 1930 Lot 7,492 sqft single_family
Most recent sale
$30,000
Jun 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 7, 2022 Sold $30,000 MLS #6190890

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $29,900 $11,300 $41,200 $1,198
2025 $28,400 $11,300 $39,700 $542
2024 $18,900 $5,600 $24,500 $570
2023 $17,000 $5,600 $22,600 $374
2022 $13,900 $5,600 $19,500 $392
2021 $12,500 $5,600 $18,100 $372
2020 $12,500 $5,600 $18,100 $358
2019 $11,900 $5,600 $17,500 $352
2018 $10,900 $5,600 $16,500 $350
2017 $10,100 $5,600 $15,700 $332
2016 $10,100 $5,600 $15,700 $302
2015 $9,600 $5,600 $15,200 $386
2014 $14,900 $5,600 $20,500 $786
2013 $15,200 $5,600 $20,800 $682
2012 $7,100 $5,600 $12,700 $682
2011 $8,400 $5,600 $14,000 $726
2010 $8,400 $5,600 $14,000 $734
2009 $12,500 $5,600 $18,100 $746

Property facts

Year built
1930
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
774 sqft
Lot size
7,492 sqft
ZIP code
56482
City
Wadena
Street
1st St
Coordinates
46.44334, -95.13304

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
$180
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 224 1st St last sell?
224 1st St most recently sold on Jun 7, 2022 for $30,000.
What is the current tax assessment for 224 1st St?
The most recent total assessment for 224 1st St (year 2026) is $41,200 with $1,198 in property tax.
How does 224 1st St's assessment compare to its last sale price?
The current assessment is 37.3% above the last sale price of $30,000.
When was 224 1st St built?
224 1st St was built in 1930.
How does 224 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 224 1st St?
224 1st St is a 2 bed, 1 bath, 774 sqft, 7,492 sqft lot single_family.
Is 224 1st St a flip candidate?
No — 224 1st St does not appear in our flips dataset.
Is 224 1st St a tax-appeal candidate?
Yes — 224 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 valuation
Quarterly trend
+9.0%
Implied 1-yr
+35.9%
2026 Q2
$399.4K
2026 Q3
$422K
ZIP 56482 — Median Price History + Forecast

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