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516 Strait Ave

Worthington, MN 56187

5 bd 1 ba 2,731 sqft Built 1920 Lot 8,102 sqft single_family
Most recent sale
$173,307
Dec 8, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 8, 2021 Sold $173,307 MLS #6110334
Oct 25, 2021 Listed $177,000 MLS #6110334
Jul 1, 1997 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $109,256 $1,598
2019 $101,299 $1,408
2018 $101,626 $1,382
2017 $102,171 $1,316
2016 $100,427 $1,040
2015 $71,651 $930
2014 $71,900 $948
2013 $72,100 $1,106
2012 $72,000 $1,148
2011 $72,300 $810
2010 $78,800 $866
2009 $67,000 $12,000 $79,000 $874

Property facts

Year built
1920
Property type
single_family
Stories
2
Beds
5
Baths
1
Living area
2,731 sqft
Lot size
8,102 sqft
ZIP code
56187
City
Worthington
Street
Strait Ave
Coordinates
43.62457, -95.59150

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
$1,040
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 516 Strait Ave last sell?
516 Strait Ave most recently sold on Dec 8, 2021 for $173,307.
What is the current tax assessment for 516 Strait Ave?
The most recent total assessment for 516 Strait Ave (year 2020) is $109,256 with $1,598 in property tax.
How does 516 Strait Ave's assessment compare to its last sale price?
The current assessment is 37.0% below the last sale price of $173,307.
When was 516 Strait Ave built?
516 Strait Ave was built in 1920.
How does 516 Strait Ave compare to others on Strait Ave?
We track 8 other properties on Strait Ave. Browse the list under "Other properties on Strait Ave" to compare beds, baths, and sale history.
What are the property facts for 516 Strait Ave?
516 Strait Ave is a 5 bed, 1 bath, 2,731 sqft, 8,102 sqft lot single_family.
Is 516 Strait Ave a flip candidate?
No — 516 Strait Ave does not appear in our flips dataset.
Is 516 Strait Ave a tax-appeal candidate?
No — 516 Strait 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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