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518 South St

West Concord, MN 55985

2 bd 1 ba 800 sqft Built 1946 Lot 10,890 sqft single_family
Most recent sale
$101,000
May 28, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 1, 2022 Sold $130,000 NorthstarMLS
Aug 5, 2022 Listed $129,900 MLS #6245446
May 28, 2021 Sold $101,000 MLS #5736927
Apr 8, 2021 Listed $99,900 MLS #5736927
Jun 15, 2001 Sold $46,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $52,971 $8,829 $61,800 $1,166
2023 $58,664 $10,036 $68,700 $1,260
2022 $40,856 $8,844 $49,700 $1,450
2021 $65,500 $11,600 $77,100 $2,000
2020 $65,500 $11,600 $77,100 $1,938
2019 $54,200 $11,600 $65,800 $2,032
2018 $39,400 $11,600 $51,000 $2,038
2017 $35,800 $11,600 $47,400 $1,678
2016 $35,300 $11,600 $46,900 $1,676
2015 $32,000 $11,600 $43,600 $1,664
2014 $32,000 $11,600 $43,600 $1,608
2013 $33,500 $11,600 $45,100 $1,772
2012 $39,900 $11,600 $51,500 $1,865
2011 $40,400 $12,900 $53,300 $1,762
2010 $45,500 $12,900 $58,400 $2,390
2009 $51,700 $12,900 $64,600 $1,636

Property facts

Year built
1946
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
800 sqft
Lot size
10,890 sqft
ZIP code
55985
City
West Concord
Street
South St
Coordinates
44.14832, -92.90416

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
$1,200
Gross rental yield
14.26%
Implied cap rate
9.27%
Trend-extrapolated value

Frequently asked questions

When did 518 South St last sell?
518 South St most recently sold on May 28, 2021 for $101,000.
What is the current tax assessment for 518 South St?
The most recent total assessment for 518 South St (year 2025) is $61,800 with $1,166 in property tax.
How does 518 South St's assessment compare to its last sale price?
The current assessment is 38.8% below the last sale price of $101,000.
When was 518 South St built?
518 South St was built in 1946.
How does 518 South St compare to others on South St?
We track 8 other properties on South St. Browse the list under "Other properties on South St" to compare beds, baths, and sale history.
What are the property facts for 518 South St?
518 South St is a 2 bed, 1 bath, 800 sqft, 10,890 sqft lot single_family.
Is 518 South St a flip candidate?
Yes — 518 South St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 518 South St a tax-appeal candidate?
No — 518 South 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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