OFF MARKET

Off market sep 2022 for $45K

$89,562

Est. refi paymentEst. refi $315/mo

•

1 ba

•

372

sq ft

501 Buchanan Ave, Spring Valley, MN 55975

About this home

Single-familyProperty Type

1908Year Built

7,590 sq ftLot Size

$241Est. Price/Sq.Ft.

2 spacesParking

Listed by Michael Stevens • Realty Plus LLC

Listed by Brady Stevens

Source:NORTHSTARMLS as Distributed by MLS Grid #5245451

Redfin Estimate

$89,562

$45K since sold in September 2022$1,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 47.7% lower than the average sale price ($171K) of 6 comparable homes.

SOLD JUN 29, 2026
$195,000
A
3 beds2 baths— sq ft
209 W Jefferson St, Spring Valley, MN 55975
SOLD AUG 31, 2026
$125,000
B
3 beds2 baths— sq ft
240 Line St S, Wykoff, MN 55990
SOLD MAR 31, 2026
$154,650
C
3 beds2 baths— sq ft
313 N Hudson Ave, Spring Valley, MN 55975
SOLD AUG 14, 2026
$179,900
D
3 beds1 bath— sq ft
430 Main St, Ostrander, MN 55961
SOLD SEP 18, 2026
$169,900
E
3 beds2 baths— sq ft
412 Main St N, Grand Meadow, MN 55936
SOLD JAN 29, 2026
$204,000
F
3 beds1 bath— sq ft
409 Center Ave, Spring Valley, MN 55975

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Earn from this home

Refinance

Est. cash available

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Rent

$1,678/mo

Redfin rental estimate

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Market trends in 55975, MN

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.1%

0.2% MoM

Median sale price

$222K

$9K MoM

Avg. days on market

14d

0 days MoM

Recently sold homes

1 MoM

New listings for sale

$190,000
2 beds1 bath2,104 sq ft
625 N Section Ave, Spring Valley, MN 55975
See all

Provided by Redfin

Sale history for 501 Buchanan Ave

Date

Event

Price

Public Records

Sep 30, 2022

Sold

$45,000

$121/sq ft

NORTHSTARMLS as Distributed by MLS Grid #5245451

Aug 30, 2019

Sold

$45,000

$121/sq ft

Jul 23, 2019

Pending

—

Jul 1, 2019

Price Changed

$44,900

$121/sq ft

Jun 10, 2019

Listed

$49,900

$134/sq ft

+10

NORTHSTARMLS as Distributed by MLS Grid #5077144

Dec 11, 2018

Listing Removed

—

Sep 5, 2008

Listed

$14,900

$40/sq ft

Public Records

Mar 3, 2009

Sold

$10,500

$28/sq ft

NORTHSTARMLS as Distributed by MLS Grid #SEMN4006767

Sep 5, 2008

Listed

$14,900

$40/sq ft

Public Records

Oct 27, 2000

Sold

$32,000

$86/sq ft

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Year

Property tax

Land + Additions

Assessment*

2025

$1,516 (+7.1%)

$19,900 + $78,100

$98,000

2024

$1,416 (+12.2%)

$19,900 + $78,100

$98,000

2023

$1,262 (+20.4%)

2022

$1,048 (+36.5%)

2021

$768 (+0.8%)

$19,900 + $68,300

$88,200

2020

$762 (+21.7%)

$7,976 + $30,824

$38,800

2019

$626 (+17.2%)

$7,971 + $26,129

$34,100

2018

$534 (+5.1%)

$7,980 + $22,020

$30,000

2017

$508 (−4.9%)

$7,985 + $21,315

$29,300

2015

$534 (−36.9%)

$7,975 + $24,525

$32,500

2014

$846

$13,300 + $40,900

$54,200

Tax history for 501 Buchanan Ave

Year

Property tax

Land + Additions

Assessment*

2025

$1,516 (+7.1%)

$19,900 + $78,100

$98,000

2024

$1,416 (+12.2%)

$19,900 + $78,100

$98,000

2023

$1,262 (+20.4%)

2022

$1,048 (+36.5%)

2021

$768 (+0.8%)

$19,900 + $68,300

$88,200

2020

$762 (+21.7%)

$7,976 + $30,824

$38,800

2019

$626 (+17.2%)

$7,971 + $26,129

$34,100

2018

$534 (+5.1%)

$7,980 + $22,020

$30,000

2017

$508 (−4.9%)

$7,985 + $21,315

$29,300

2015

$534 (−36.9%)

$7,975 + $24,525

$32,500

2014

$846

$13,300 + $40,900

$54,200

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Interior

Heating & Cooling
Heating Type: Forced Air

Exterior

Exterior Information
Foundation Type: Stone
Construction Type: A Frame
Building Construction Quality: Fair
Exterior Wall: Vinyl
Roof Covering Type: Asphalt
Roof Framing Type: Wood
Roof Shape Type: Gable

Property Information
Subdivision Name: COMPANYS ADD
Living Sq. Ft: 372
Building Sq. Ft: 372
# of Stories: 1.5
Legal Description: COMPANYS ADDITION LOT-001 BLOCK-027 LOT 1 BLK 27 COMPANYS ADD

Parking & Garage Information
Parking Type: Unfinished Garage
Garage/Parking Sq. Ft: 384
Garage / Carport Type: Unfinished

Lot Information
# of Buildings: 1
Land Sq. Ft: 7,590
Legal Lot Number: 1
Legal Block Number: 27
School Tax District: SCHOOL DISTRICT 2137
Municipality Name: SPRING VALLEY CITY
Acres: 0.1742
Depth Footage: 115
Front Footage: 66
County Use Description: SINGLE FAM

Financial

Assessor Information
Assessment Year: 2024

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 372
Stories: 1.5
Lot Size: 7,590 square feet
Style: Single Family Residential
Year Built: 1908
Year Renovated: 1953
County: Fillmore County
APN: 360511000

Home facts updated by county records on Aug 10, 2026

Around this home

Schools

Kingsland Elementary School

Public PreK-6 • Assigned • 1.0mi

8/10

Kingsland Senior High School

Public 7-12 • Assigned • 1.0mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

1/10 Heat Factor

7 days above 98° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Spring Valley, MN • 55975

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.7 hours in June and 3.7 hours in December, placing it below the U.S. average for solar exposure.

9.7 hrs

3.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$86,000 – $103,000

Sell confidently with a local market expert in Spring Valley. 3 minutes to get started.

Nearby similar homes

NEW CONSTRUCTION

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FOR SALE BY OWNER

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New listings for sale in 55975

$190,000

2 beds1 bath2,104 sq ft

625 N Section Ave, Spring Valley, MN 55975

Home values near 501 Buchanan Ave

Data from public records.

Address	Redfin Estimate
504 Buchanan Avenue, Spring Valley, MN 2 Beds \| 1 Baths \| 720 Sq. Ft.	$133,655
416 Buchanan Avenue, Spring Valley, MN 3 Beds \| 2 Baths \| 1508 Sq. Ft.	$164,449

Address	Redfin Estimate
601 Buchanan Avenue, Spring Valley, MN 2 Beds \| 1 Baths \| - Sq. Ft.	$94,935
408 Buchanan Avenue, Spring Valley, MN 4 Beds \| 1 Baths \| 1097 Sq. Ft.	$68,766

Address	Redfin Estimate
509 Buchanan Avenue, Spring Valley, MN 2 Beds \| 1 Baths \| - Sq. Ft.	$142,432
413 Buchanan Avenue, Spring Valley, MN 2 Beds \| 1 Baths \| - Sq. Ft.	$202,635

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