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505 Elmwood St

Arlington, MN 55307

4 bd 2 ba 2,169 sqft Built 1979 Lot 16,117 sqft single_family
Most recent sale
$298,000
Jan 18, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 18, 2024 Sold $298,000 NorthstarMLS
Dec 10, 2023 Listed $309,900 NorthstarMLS
Jul 31, 2018 Sold $196,000 NorthstarMLS
Jun 20, 2018 Sold $189,900 NorthstarMLS
May 12, 2018 Listed $189,900 Mankato
May 10, 2018 Listed $189,900 NorthstarMLS
Jan 1, 2018 Sold $196,000 Public Record
Jul 12, 2014 Sold $154,900 NorthstarMLS
Apr 3, 2014 Listed $154,900 NorthstarMLS
Jun 30, 2009 Sold $135,000 NorthstarMLS
Apr 21, 2009 Listed $144,900 NorthstarMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $174,656 $2,926
2021 $155,145 $2,744
2020 $152,600 $2,646
2019 $130,900 $2,446
2018 $117,000 $2,132
2017 $96,800 $1,884
2016 $90,400 $1,742
2015 $90,400 $1,642
2014 $85,300 $1,492
2013 $76,200 $1,552
2012 $114,100 $1,956
2011 $136,800 $1,804

Property facts

Year built
1979
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,169 sqft
Lot size
16,117 sqft
ZIP code
55307
City
Arlington
Street
Elmwood St
Coordinates
44.60281, -94.06943

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
$3,254
Gross rental yield
13.10%
Implied cap rate
8.52%
Trend-extrapolated value

Frequently asked questions

When did 505 Elmwood St last sell?
505 Elmwood St most recently sold on Jan 18, 2024 for $298,000.
What is the current tax assessment for 505 Elmwood St?
The most recent total assessment for 505 Elmwood St (year 2022) is $174,656 with $2,926 in property tax.
How does 505 Elmwood St's assessment compare to its last sale price?
The current assessment is 41.4% below the last sale price of $298,000.
When was 505 Elmwood St built?
505 Elmwood St was built in 1979.
How does 505 Elmwood St compare to others on Elmwood St?
We track 8 other properties on Elmwood St. Browse the list under "Other properties on Elmwood St" to compare beds, baths, and sale history.
What are the property facts for 505 Elmwood St?
505 Elmwood St is a 4 bed, 2 bath, 2,169 sqft, 16,117 sqft lot single_family.
Is 505 Elmwood St a flip candidate?
No — 505 Elmwood St does not appear in our flips dataset.
Is 505 Elmwood St a tax-appeal candidate?
No — 505 Elmwood 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
-1.8%
Implied 1-yr
-7.3%
2026 Q3
$230.2K
2026 Q4
$225.4K
ZIP 55307 — Median Price History + Forecast

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