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516 1st St

West Concord, MN 55985

3 bd 2 ba 1,765 sqft Built 1936 Lot 6,098 sqft single_family
Most recent sale
$152,000
Dec 2, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 2, 2021 Sold $152,000 MLS #6116111
Oct 19, 2021 Listed $149,900 MLS #6116111
Oct 18, 2019 Sold $98,000 MLS #5263398
Sep 24, 2003 Sold $107,225 MLS #2797030
May 7, 2003 Listed $98,900 MLS #2797030

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $128,974 $9,626 $138,600 $2,482
2023 $132,699 $10,201 $142,900 $2,522
2022 $62,853 $8,447 $71,300 $1,582
2021 $59,062 $4,538 $63,600 $1,460
2020 $59,062 $4,538 $63,600 $1,386
2019 $48,775 $4,225 $53,000 $1,140
2018 $34,044 $3,956 $38,000 $1,098
2017 $30,445 $3,955 $34,400 $1,108
2016 $30,942 $3,958 $34,900 $1,320
2015 $34,842 $3,958 $38,800 $1,312
2014 $34,944 $3,956 $38,900 $1,580
2013 $36,636 $3,964 $40,600 $1,868
2012 $45,299 $4,101 $49,400 $1,854
2011 $46,818 $4,682 $51,500 $2,448
2010 $83,400 $7,400 $90,800 $2,582
2009 $92,800 $7,400 $100,200 $2,267

Property facts

Year built
1936
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,765 sqft
Lot size
6,098 sqft
ZIP code
55985
City
West Concord
Street
1st St
Coordinates
44.14934, -92.90109

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$912
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 516 1st St last sell?
516 1st St most recently sold on Dec 2, 2021 for $152,000.
What is the current tax assessment for 516 1st St?
The most recent total assessment for 516 1st St (year 2025) is $138,600 with $2,482 in property tax.
How does 516 1st St's assessment compare to its last sale price?
The current assessment is 8.8% below the last sale price of $152,000.
When was 516 1st St built?
516 1st St was built in 1936.
How does 516 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 516 1st St?
516 1st St is a 3 bed, 2 bath, 1,765 sqft, 6,098 sqft lot single_family.
Is 516 1st St a flip candidate?
No — 516 1st St does not appear in our flips dataset.
Is 516 1st St a tax-appeal candidate?
No — 516 1st 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
+0.7%
Implied 1-yr
+2.8%
2026 Q1
$233.4K
2026 Q2
$234.9K
ZIP 55985 — Median Price History + Forecast

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