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451 Ormsbee St

Big Lake, MN 55309

3 bd 2 ba 1,280 sqft Built 1940 Lot 24,394 sqft single_family
Most recent sale
$240,500
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 18, 2024 Sold $257,000 NorthstarMLS
Jul 29, 2022 Sold $240,500 MLS #6230063
Jul 7, 2022 Listed $250,000 MLS #6230063
Mar 29, 2021 Sold $170,000 MLS #5705096
Feb 8, 2021 Listed $159,900 MLS #5705096
Feb 19, 2009 Sold $65,000 Public Record
Oct 5, 2005 Sold $170,500 Public Record
Oct 19, 1999 Sold $89,900 Public Record
Sep 24, 1994 Sold $64,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $132,312 $90,913 $223,225 $2,834
2023 $128,229 $71,279 $199,508 $2,560
2022 $103,700 $47,303 $151,003 $2,266
2021 $109,900 $46,000 $155,900 $2,384
2020 $109,900 $46,000 $155,900 $2,378
2019 $109,400 $40,600 $150,000 $2,234
2018 $101,300 $37,200 $138,500 $2,148
2017 $93,400 $33,900 $127,300 $2,058
2016 $86,900 $30,500 $117,400 $1,982
2015 $83,200 $30,500 $113,700 $1,832
2014 $79,900 $30,400 $110,300 $1,620
2013 $62,500 $30,100 $92,600 $1,608
2012 $62,500 $30,100 $92,600 $1,620
2011 $66,300 $31,600 $97,900 $1,586
2010 $66,700 $41,800 $108,500 $1,922
2009 $76,700 $56,700 $133,400 $1,855
2008 $89,300 $56,300 $145,600 $2,646
2007 $94,300 $44,400 $138,700 $1,326

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,280 sqft
Lot size
24,394 sqft
ZIP code
55309
City
Big Lake
Street
Ormsbee St
Coordinates
45.32547, -93.74792

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,920
Gross rental yield
9.58%
Implied cap rate
6.23%
Trend-extrapolated value

Frequently asked questions

When did 451 Ormsbee St last sell?
451 Ormsbee St most recently sold on Jul 29, 2022 for $240,500.
What is the current tax assessment for 451 Ormsbee St?
The most recent total assessment for 451 Ormsbee St (year 2025) is $223,225 with $2,834 in property tax.
How does 451 Ormsbee St's assessment compare to its last sale price?
The current assessment is 7.2% below the last sale price of $240,500.
When was 451 Ormsbee St built?
451 Ormsbee St was built in 1940.
How does 451 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 451 Ormsbee St?
451 Ormsbee St is a 3 bed, 2 bath, 1,280 sqft, 24,394 sqft lot single_family.
Is 451 Ormsbee St a flip candidate?
Yes — 451 Ormsbee St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 451 Ormsbee St a tax-appeal candidate?
No — 451 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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