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18863 261st Ave

Big Lake, MN 55309

3 bd 1 ba 1,275 sqft Built 1977 Lot 217,800 sqft single_family
Most recent sale
$318,000
Nov 9, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 9, 2023 Sold $318,000 NorthstarMLS
Oct 17, 2023 Listed $323,000 NorthstarMLS
Oct 14, 2022 Sold $216,315 MLS #6201073
May 24, 2022 Listed $1 MLS #6201073

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $145,371 $137,695 $283,066 $2,952
2023 $129,120 $126,741 $255,861 $2,728
2022 $106,630 $89,499 $196,129 $2,404
2021 $87,596 $72,127 $159,723 $2,070
2020 $87,596 $72,127 $159,723 $2,102
2019 $86,793 $68,679 $155,472 $1,934
2018 $75,334 $63,897 $139,231 $1,800
2017 $67,807 $57,472 $125,279 $1,648
2016 $63,863 $45,175 $109,038 $1,568
2015 $61,600 $44,900 $106,500 $1,306
2014 $58,500 $44,500 $103,000 $1,322
2013 $57,200 $40,400 $97,600 $1,302
2012 $56,400 $45,200 $101,600 $1,632
2011 $68,600 $58,600 $127,200 $1,736
2010 $86,500 $81,900 $168,400 $1,794
2009 $86,500 $85,600 $172,100 $1,662
2008 $92,400 $83,000 $175,400 $1,548
2007 $92,400 $75,000 $167,400 $1,498

Property facts

Year built
1977
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,275 sqft
Lot size
217,800 sqft
ZIP code
55309
City
Big Lake
Street
261st Ave
Coordinates
45.44307, -93.74816

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,913
Gross rental yield
7.22%
Implied cap rate
4.69%
Trend-extrapolated value

Frequently asked questions

When did 18863 261st Ave last sell?
18863 261st Ave most recently sold on Nov 9, 2023 for $318,000.
What is the current tax assessment for 18863 261st Ave?
The most recent total assessment for 18863 261st Ave (year 2025) is $283,066 with $2,952 in property tax.
How does 18863 261st Ave's assessment compare to its last sale price?
The current assessment is 11.0% below the last sale price of $318,000.
When was 18863 261st Ave built?
18863 261st Ave was built in 1977.
How does 18863 261st Ave compare to others on 261st Ave?
We track 8 other properties on 261st Ave. Browse the list under "Other properties on 261st Ave" to compare beds, baths, and sale history.
What are the property facts for 18863 261st Ave?
18863 261st Ave is a 3 bed, 1 bath, 1,275 sqft, 217,800 sqft lot single_family.
Is 18863 261st Ave a flip candidate?
Yes — 18863 261st Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 18863 261st Ave a tax-appeal candidate?
No — 18863 261st 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
+1.1%
Implied 1-yr
+4.5%
2026 Q3
$400.1K
2026 Q4
$404.3K
ZIP 55309 — Median Price History + Forecast

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