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1501 Elmwood Ave

Worthington, MN 56187

4 bd 3 ba 2,525 sqft Built 1953 Lot 12,023 sqft single_family
Most recent sale
$450,000
Aug 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 31, 2022 Sold $450,000 MLS #6196135
May 15, 2022 Listed $419,000 MLS #6196135
Jun 12, 2015 Sold $255,000 Public Record
Mar 1, 2006 Sold $130,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $219,346 $3,348
2019 $247,686 $3,306
2018 $215,313 $2,828
2017 $196,347 $2,500
2016 $197,546 $2,724
2015 $199,700 $2,458
2014 $201,600 $2,518
2013 $203,300 $2,954
2012 $202,500 $3,052
2011 $173,800 $40,000 $213,800 $2,836
2010 $194,600 $40,000 $234,600 $3,304

Property facts

Year built
1953
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,525 sqft
Lot size
12,023 sqft
ZIP code
56187
City
Worthington
Street
Elmwood Ave
Coordinates
43.63001, -95.61942

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,788
Gross rental yield
10.10%
Implied cap rate
6.57%
Trend-extrapolated value

Frequently asked questions

When did 1501 Elmwood Ave last sell?
1501 Elmwood Ave most recently sold on Aug 31, 2022 for $450,000.
What is the current tax assessment for 1501 Elmwood Ave?
The most recent total assessment for 1501 Elmwood Ave (year 2020) is $219,346 with $3,348 in property tax.
How does 1501 Elmwood Ave's assessment compare to its last sale price?
The current assessment is 51.3% below the last sale price of $450,000.
When was 1501 Elmwood Ave built?
1501 Elmwood Ave was built in 1953.
How does 1501 Elmwood Ave compare to others on Elmwood Ave?
We track 8 other properties on Elmwood Ave. Browse the list under "Other properties on Elmwood Ave" to compare beds, baths, and sale history.
What are the property facts for 1501 Elmwood Ave?
1501 Elmwood Ave is a 4 bed, 3 bath, 2,525 sqft, 12,023 sqft lot single_family.
Is 1501 Elmwood Ave a flip candidate?
No — 1501 Elmwood Ave does not appear in our flips dataset.
Is 1501 Elmwood Ave a tax-appeal candidate?
No — 1501 Elmwood 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
+3.8%
Implied 1-yr
+15.1%
2026 Q3
$372.1K
2026 Q4
$383.3K
ZIP 56187 — Median Price History + Forecast

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