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523 1st St

Wadena, MN 56482

4 bd 3 ba 2,334 sqft Built 1977 Lot 7,013 sqft multi_family
Most recent sale
$132,000
Sep 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 20, 2022 Sold $132,000 MLS #6182446
Jun 10, 2022 Listed $149,000 MLS #6182446
May 6, 2022 Price changed $149,000 MLS #6182446
Apr 21, 2022 Listed $160,000 MLS #6182446
Jul 24, 2021 Listing removed $88,750 NorthstarMLS
Sep 26, 2017 Sold $79,000 Public Record
Jan 1, 2017 Sold $79,000 Public Record
Apr 15, 2016 Listing removed $88,750 LakeRegionMN
Jan 26, 2016 Listed $88,750 MLS #20-16527
Jun 10, 2005 Sold $99,000 MLS #05-986
May 9, 2005 Listed $99,000 MLS #05-986

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $187,000 $10,500 $197,500 $3,086
2025 $178,500 $10,500 $189,000 $2,932
2024 $178,500 $5,300 $183,800 $2,986
2023 $159,000 $5,300 $164,300 $2,954
2022 $121,300 $5,300 $126,600 $2,810
2021 $121,700 $5,300 $127,000 $2,848
2020 $114,000 $5,300 $119,300 $2,614
2019 $103,900 $5,300 $109,200 $2,492
2018 $97,700 $5,300 $103,000 $2,548
2017 $74,800 $5,300 $80,100 $1,906
2016 $78,000 $5,300 $83,300 $1,794
2015 $70,300 $5,300 $75,600 $1,616
2014 $71,700 $5,300 $77,000 $1,708
2013 $70,500 $5,300 $75,800 $1,814
2012 $81,400 $5,300 $86,700 $1,524
2011 $81,400 $5,300 $86,700 $1,524
2010 $81,400 $5,300 $86,700 $1,612
2009 $98,000 $5,000 $98,000 $1,528
2008 $98,000 $1,554

Property facts

Year built
1977
Property type
multi_family
Stories
2
Beds
4
Baths
3
Living area
2,334 sqft
Lot size
7,013 sqft
ZIP code
56482
City
Wadena
Street
1st St
Coordinates
46.43729, -95.14196

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$792
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 523 1st St last sell?
523 1st St most recently sold on Sep 20, 2022 for $132,000.
What is the current tax assessment for 523 1st St?
The most recent total assessment for 523 1st St (year 2026) is $197,500 with $3,086 in property tax.
How does 523 1st St's assessment compare to its last sale price?
The current assessment is 49.6% above the last sale price of $132,000.
When was 523 1st St built?
523 1st St was built in 1977.
How does 523 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 523 1st St?
523 1st St is a 4 bed, 3 bath, 2,334 sqft, 7,013 sqft lot multi_family.
Is 523 1st St a flip candidate?
No — 523 1st St does not appear in our flips dataset.
Is 523 1st St a tax-appeal candidate?
Yes — 523 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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