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525 Richland Ave

Willmar, MN 56201

6 bd 4 ba 3,600 sqft Built 1972 single_family
Most recent sale
$335,000
Jun 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 18, 2024 Sold $358,000 NorthstarMLS
Apr 10, 2024 Listed $370,000 NorthstarMLS
Jun 10, 2022 Sold $335,000 MLS #6173297
Apr 27, 2022 Listed $325,000 MLS #6173297

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $216,600 $30,000 $246,600 $3,476
2021 $195,000 $13,010 $208,010 $2,930
2020 $193,200 $12,848 $206,048 $2,902
2019 $182,500 $11,449 $193,949 $2,742
2018 $181,800 $11,386 $193,186 $2,682
2017 $181,000 $11,314 $192,314 $2,736
2016 $181,000 $11,314 $192,314 $2,592
2015 $191,200 $12,200 $203,400 $2,420
2014 $178,100 $10,100 $188,200 $2,348
2013 $182,300 $10,500 $192,800 $2,652
2012 $191,100 $11,200 $202,300 $2,840

Property facts

Year built
1972
Property type
single_family
Stories
2
Beds
6
Baths
4
Living area
3,600 sqft
Lot size
ZIP code
56201
City
Willmar
Street
Richland Ave
Coordinates
45.10037, -95.04776

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,010
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 525 Richland Ave last sell?
525 Richland Ave most recently sold on Jun 10, 2022 for $335,000.
What is the current tax assessment for 525 Richland Ave?
The most recent total assessment for 525 Richland Ave (year 2022) is $246,600 with $3,476 in property tax.
How does 525 Richland Ave's assessment compare to its last sale price?
The current assessment is 26.4% below the last sale price of $335,000.
When was 525 Richland Ave built?
525 Richland Ave was built in 1972.
How does 525 Richland Ave compare to others on Richland Ave?
We track 8 other properties on Richland Ave. Browse the list under "Other properties on Richland Ave" to compare beds, baths, and sale history.
What are the property facts for 525 Richland Ave?
525 Richland Ave is a 6 bed, 4 bath, 3,600 sqft single_family.
Is 525 Richland Ave a flip candidate?
No — 525 Richland Ave does not appear in our flips dataset.
Is 525 Richland Ave a tax-appeal candidate?
No — 525 Richland 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
-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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