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517 1st St

Willmar, MN 56201

3 bd 2 ba 1,100 sqft Built 1935 Lot 6,490 sqft single_family
Most recent sale
$142,000
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $142,000 MLS #6239699
Jul 25, 2022 Listed $149,900 MLS #6239699
Mar 5, 2019 Sold $75,000 Public Record
Mar 5, 2019 Listing removed $77,900 Willmar
Mar 2, 2019 Sold $75,000 MLS #5018485
Dec 5, 2018 Price changed $77,900 MLS #5018485
Nov 19, 2018 Price changed $77,900 MLS #6032793
Nov 8, 2018 Sold $56,000 Public Record
Oct 30, 2018 Listed $85,000 MLS #5018485

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $78,600 $12,000 $90,600 $50
2020 $53,557 $824
2019 $53,448 $1,132
2018 $66,600 $12,000 $78,600 $1,106
2017 $66,300 $12,000 $78,300 $1,134
2016 $6,500 $71,800 $78,300 $722
2015 $6,500 $41,607 $48,107 $650
2014 $6,500 $41,600 $48,100 $674
2013 $6,500 $41,600 $48,100 $776
2012 $8,700 $41,800 $50,500 $792
2011 $12,200 $38,300 $50,500 $756

Property facts

Year built
1935
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,100 sqft
Lot size
6,490 sqft
ZIP code
56201
City
Willmar
Street
1st St
Coordinates
45.11922, -95.04277

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,650
Gross rental yield
13.94%
Implied cap rate
9.06%
Trend-extrapolated value

Frequently asked questions

When did 517 1st St last sell?
517 1st St most recently sold on Sep 30, 2022 for $142,000.
What is the current tax assessment for 517 1st St?
The most recent total assessment for 517 1st St (year 2022) is $90,600 with $50 in property tax.
How does 517 1st St's assessment compare to its last sale price?
The current assessment is 36.2% below the last sale price of $142,000.
When was 517 1st St built?
517 1st St was built in 1935.
How does 517 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 517 1st St?
517 1st St is a 3 bed, 2 bath, 1,100 sqft, 6,490 sqft lot single_family.
Is 517 1st St a flip candidate?
Yes — 517 1st St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 517 1st St a tax-appeal candidate?
No — 517 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
-0.4%
Implied 1-yr
-1.7%
2026 Q3
$232.2K
2026 Q4
$231.2K
ZIP 56201 — Median Price History + Forecast

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