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514 Summit St

Battle Lake, MN 56515

3 bd 3 ba 2,092 sqft Built 1993 Lot 34,151 sqft single_family
Most recent sale
$273,000
Aug 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 16, 2025 Listed $325,000 NorthstarMLS
Aug 5, 2022 Sold $273,000 MLS #6173481
Jun 9, 2022 Listed $265,000 MLS #6173481
Apr 8, 2022 Listed $265,000 MLS #6173481
Nov 2, 2015 Sold $142,000 Public Record
Sep 13, 2008 Listing removed $174,000 LakeRegionMN
Mar 13, 2008 Listed $174,000 MLS #08-752
Apr 27, 2006 Sold $160,000 MLS #05-2002
Jul 15, 2005 Listed $169,900 MLS #05-2002

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $120,900 $1,766
2019 $116,000 $1,712
2018 $106,600 $1,568
2017 $107,500 $1,592
2016 $100,900 $1,456
2015 $96,700 $14,200 $110,900 $1,592
2014 $97,500 $14,200 $111,700 $1,554
2013 $94,900 $14,200 $109,100 $1,808
2012 $114,500 $14,400 $128,900 $1,848
2007 $110,800 $14,400 $125,200 $1,053

Property facts

Year built
1993
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,092 sqft
Lot size
34,151 sqft
ZIP code
56515
City
Battle Lake
Street
Summit St
Coordinates
46.28128, -95.70446

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
$3,138
Gross rental yield
13.79%
Implied cap rate
8.97%
Trend-extrapolated value

Frequently asked questions

When did 514 Summit St last sell?
514 Summit St most recently sold on Aug 5, 2022 for $273,000.
What is the current tax assessment for 514 Summit St?
The most recent total assessment for 514 Summit St (year 2020) is $120,900 with $1,766 in property tax.
How does 514 Summit St's assessment compare to its last sale price?
The current assessment is 55.7% below the last sale price of $273,000.
When was 514 Summit St built?
514 Summit St was built in 1993.
How does 514 Summit St compare to others on Summit St?
We track 8 other properties on Summit St. Browse the list under "Other properties on Summit St" to compare beds, baths, and sale history.
What are the property facts for 514 Summit St?
514 Summit St is a 3 bed, 3 bath, 2,092 sqft, 34,151 sqft lot single_family.
Is 514 Summit St a flip candidate?
No — 514 Summit St does not appear in our flips dataset.
Is 514 Summit St a tax-appeal candidate?
No — 514 Summit 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
-4.9%
Implied 1-yr
-19.7%
2026 Q3
$284.2K
2026 Q4
$263.7K
ZIP 56515 — Median Price History + Forecast

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