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228 5th Ave

Waite Park, MN 56387

2 bd 2 ba 1,187 sqft Built 1896 Lot 5,000 sqft single_family
Most recent sale
$45,000
Sep 28, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 18, 2024 Sold $200,400 NorthstarMLS
Apr 22, 2024 Listed $199,900 NorthstarMLS
Sep 28, 2023 Sold $45,000 Public Record
Jan 1, 2017 Sold $50,000 Public Record
Jun 17, 2011 Listing removed $124,900 NorthstarMLS
Nov 10, 2008 Sold $44,500 Public Record
Aug 22, 2008 Sold $44,500 NorthstarMLS
May 16, 2008 Listed $49,900 NorthstarMLS
Dec 14, 2006 Sold $123,000 Public Record
Oct 17, 2004 Sold $123,000 Public Record
Oct 5, 2004 Sold $111,100 Public Record
Sep 30, 2004 Sold $111,100 NorthstarMLS
Jul 30, 2004 Listed $109,900 NorthstarMLS
Sep 18, 2003 Listed $124,900 NorthstarMLS
Sep 28, 1992 Sold $55,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $60,500 $1,048
2021 $60,000 $1,022
2020 $53,700 $946
2019 $54,200 $20,500 $74,700 $1,258
2018 $48,600 $18,600 $67,200 $1,148
2017 $47,600 $18,600 $66,200 $1,146
2016 $47,000 $18,600 $65,600 $1,096
2015 $45,600 $18,600 $64,200 $1,102
2014 $46,000 $18,600 $64,600 $1,046
2013 $42,500 $718
2012 $45,700 $754
2011 $52,600 $26,400 $79,000 $832
2010 $86,500 $836

Property facts

Year built
1896
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,187 sqft
Lot size
5,000 sqft
ZIP code
56387
City
Waite Park
Street
5th Ave
Coordinates
45.55792, -94.22244

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
$270
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 228 5th Ave last sell?
228 5th Ave most recently sold on Sep 28, 2023 for $45,000.
What is the current tax assessment for 228 5th Ave?
The most recent total assessment for 228 5th Ave (year 2022) is $60,500 with $1,048 in property tax.
How does 228 5th Ave's assessment compare to its last sale price?
The current assessment is 34.4% above the last sale price of $45,000.
When was 228 5th Ave built?
228 5th Ave was built in 1896.
How does 228 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 228 5th Ave?
228 5th Ave is a 2 bed, 2 bath, 1,187 sqft, 5,000 sqft lot single_family.
Is 228 5th Ave a flip candidate?
Yes — 228 5th Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 228 5th Ave a tax-appeal candidate?
No — 228 5th Ave 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
+3.0%
Implied 1-yr
+12.1%
2026 Q3
$333.1K
2026 Q4
$341.5K
ZIP 56387 — Median Price History + Forecast

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