531 Ormsbee St
Big Lake, MN 55309
3 bd 2 ba 2,424 sqft Built 1991 Lot 14,810 sqft single_family
Most recent sale
$360,000
Feb 1, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 21, 2025 | Sold | $407,000 | NorthstarMLS |
| Jan 9, 2025 | Listed | $410,000 | NorthstarMLS |
| Feb 1, 2024 | Sold | $360,000 | NorthstarMLS |
| Jan 5, 2024 | Price changed | $369,900 | NorthstarMLS |
| Dec 30, 2023 | Listing removed | — | NorthstarMLS |
| Dec 29, 2023 | Listed | $374,900 | NorthstarMLS |
| Nov 20, 2023 | Price changed | $374,900 | NorthstarMLS |
| Nov 8, 2023 | Listed | $379,900 | NorthstarMLS |
| Jul 13, 2012 | Sold | $135,000 | NorthstarMLS |
| May 14, 2012 | Price changed | $139,900 | NorthstarMLS |
| Apr 12, 2012 | Listed | $154,900 | NorthstarMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $265,568 | $81,699 | $347,267 | $4,366 |
| 2023 | $255,622 | $70,435 | $326,057 | $4,144 |
| 2022 | $213,323 | $47,988 | $261,311 | $4,600 |
| 2021 | $216,430 | $40,848 | $257,278 | $4,686 |
| 2020 | $197,033 | $35,611 | $232,644 | $4,444 |
| 2019 | $180,949 | $32,293 | $213,242 | $4,196 |
| 2018 | $163,488 | $29,044 | $192,532 | $4,010 |
| 2017 | $148,626 | $25,594 | $174,220 | $3,822 |
| 2016 | $142,800 | $24,300 | $167,100 | $3,680 |
| 2015 | $135,800 | $23,900 | $159,700 | $3,406 |
| 2014 | $118,100 | $23,100 | $141,200 | $3,222 |
| 2013 | $136,900 | $26,800 | $163,700 | $3,567 |
| 2012 | $128,400 | $24,700 | $153,100 | $3,394 |
| 2011 | $146,300 | $36,800 | $183,100 | $3,188 |
| 2009 | $168,500 | $49,600 | $218,100 | $2,590 |
| 2008 | $165,400 | $51,900 | $217,300 | $3,330 |
| 2007 | $165,400 | $44,400 | $209,800 | $2,442 |
Property facts
Year built
1991
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,424 sqft
Lot size
14,810 sqft
ZIP code
55309
City
Big Lake
Street
Ormsbee St
Coordinates
45.32335, -93.74782
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,636
Gross rental yield
12.12%
Implied cap rate
7.88%
Trend-extrapolated value
—
Frequently asked questions
When did 531 Ormsbee St last sell?
531 Ormsbee St most recently sold on Feb 1, 2024 for $360,000.
What is the current tax assessment for 531 Ormsbee St?
The most recent total assessment for 531 Ormsbee St (year 2025) is $347,267 with $4,366 in property tax.
How does 531 Ormsbee St's assessment compare to its last sale price?
The current assessment is 3.5% below the last sale price of $360,000.
When was 531 Ormsbee St built?
531 Ormsbee St was built in 1991.
How does 531 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 531 Ormsbee St?
531 Ormsbee St is a 3 bed, 2 bath, 2,424 sqft, 14,810 sqft lot single_family.
Is 531 Ormsbee St a flip candidate?
No — 531 Ormsbee St does not appear in our flips dataset.
Is 531 Ormsbee St a tax-appeal candidate?
No — 531 Ormsbee St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.1%
Implied 1-yr
+4.5%
2026 Q3
$400.1K
2026 Q4
$404.3K
ZIP 55309 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Ormsbee St