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381 Ormsbee St

Big Lake, MN 55309

3 bd 2 ba 1,104 sqft Built 1940 Lot 16,553 sqft single_family
Most recent sale
$253,000
Oct 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 31, 2025 Sold $278,000 NorthstarMLS
May 26, 2025 Listed $275,000 NorthstarMLS
Oct 7, 2022 Sold $253,000 MLS #6245105
Sep 12, 2022 Relisted $250,000 MLS #6245105
Aug 29, 2022 Listed $250,000 MLS #6245105
Jun 3, 2019 Sold $189,900 MLS #5223646
Mar 22, 2004 Sold $122,500 Public Record
Oct 28, 1999 Sold $97,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $133,884 $78,114 $211,998 $2,696
2023 $144,151 $62,333 $206,484 $2,648
2022 $118,121 $41,820 $159,941 $2,396
2021 $111,733 $35,128 $146,861 $2,288
2020 $111,733 $35,128 $146,861 $2,224
2019 $106,782 $30,705 $137,487 $3,216
2018 $115,000 $32,900 $147,900 $3,144
2017 $107,100 $30,000 $137,100 $3,100
2016 $102,500 $26,900 $129,400 $2,998
2015 $97,500 $26,900 $124,400 $2,838
2014 $92,100 $28,700 $120,800 $2,724
2013 $79,700 $28,500 $108,200 $2,709
2012 $79,700 $28,500 $108,200 $3,054
2011 $104,600 $29,900 $134,500 $2,936
2010 $105,100 $39,300 $144,400 $2,444
2009 $76,500 $53,200 $129,700 $1,558
2008 $93,500 $55,600 $149,100 $2,768
2007 $93,500 $55,600 $149,100 $1,710

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,104 sqft
Lot size
16,553 sqft
ZIP code
55309
City
Big Lake
Street
Ormsbee St
Coordinates
45.32683, -93.74772

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,656
Gross rental yield
7.85%
Implied cap rate
5.11%
Trend-extrapolated value

Frequently asked questions

When did 381 Ormsbee St last sell?
381 Ormsbee St most recently sold on Oct 7, 2022 for $253,000.
What is the current tax assessment for 381 Ormsbee St?
The most recent total assessment for 381 Ormsbee St (year 2025) is $211,998 with $2,696 in property tax.
How does 381 Ormsbee St's assessment compare to its last sale price?
The current assessment is 16.2% below the last sale price of $253,000.
When was 381 Ormsbee St built?
381 Ormsbee St was built in 1940.
How does 381 Ormsbee St compare to others on Ormsbee St?
We track 8 other properties on Ormsbee St. Browse the list under "Other properties on Ormsbee St" to compare beds, baths, and sale history.
What are the property facts for 381 Ormsbee St?
381 Ormsbee St is a 3 bed, 2 bath, 1,104 sqft, 16,553 sqft lot single_family.
Is 381 Ormsbee St a flip candidate?
No — 381 Ormsbee St does not appear in our flips dataset.
Is 381 Ormsbee St a tax-appeal candidate?
No — 381 Ormsbee 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
+1.1%
Implied 1-yr
+4.5%
2026 Q3
$400.1K
2026 Q4
$404.3K
ZIP 55309 — Median Price History + Forecast

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