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504 Central St

Detroit Lakes, MN 56501

3 bd 1 ba 1,129 sqft Built 1930 Lot 9,583 sqft single_family
Most recent sale
$118,000
Jan 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 6, 2024 Sold $62,500 Public Record
Jan 24, 2022 Sold $118,000 MLS #6068426
Dec 27, 2021 Price changed $139,000 MLS #6068426
Oct 29, 2021 Price changed $139,000 MLS #20-34642
Oct 23, 2021 Price changed $144,000 MLS #6068426
Oct 14, 2021 Price changed $144,000 MLS #20-34642
Sep 1, 2021 Price changed $149,000 MLS #6068426
Aug 31, 2021 Price changed $149,000 MLS #20-34642
Aug 13, 2021 Price changed $157,000 MLS #20-34642
Jul 28, 2021 Listed $159,000 MLS #6068426
Jan 18, 2018 Sold $115,100 Public Record
Jul 16, 2015 Sold $40,500 Public Record
Jun 28, 2015 Listing removed $45,000 DetroitLakes
May 5, 2015 Listed $45,000 MLS #59-340
May 5, 2015 Listing removed $45,000 Fargo
Jun 2, 2014 Listing removed $66,999 DetroitLakes
Jan 10, 2014 Relisted $66,999 MLS #22-56184
Jan 2, 2014 Listing removed $66,999 DetroitLakes
Oct 3, 2012 Price changed $66,999 MLS #22-56184
May 1, 2012 Price changed $67,000 MLS #22-56184
Apr 25, 2012 Price changed $69,000 MLS #22-56184
Mar 15, 2012 Listed $69,900 MLS #22-56184
Jun 13, 2006 Sold $70,000 Public Record
Oct 22, 2003 Sold $42,500 Public Record
Aug 7, 1998 Sold $27,992 Public Record
Dec 6, 1996 Sold $36,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $87,000 $24,800 $111,800 $1,448
2024 $81,900 $24,800 $106,700 $1,272
2020 $41,500 $654
2019 $41,900 $724
2018 $45,800 $578
2017 $45,000 $582
2016 $42,700 $636
2015 $39,900 $480
2014 $36,500 $446
2013 $37,000 $458
2012 $37,300 $466
2011 $39,300 $410
2009 $40,800 $23,100 $63,900 $366
2007 $38,858 $21,108 $59,966 $8

Property facts

Year built
1930
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,129 sqft
Lot size
9,583 sqft
ZIP code
56501
City
Detroit Lakes
Street
Central St
Coordinates
46.82358, -95.83883

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
$708
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 504 Central St last sell?
504 Central St most recently sold on Jan 24, 2022 for $118,000.
What is the current tax assessment for 504 Central St?
The most recent total assessment for 504 Central St (year 2025) is $111,800 with $1,448 in property tax.
How does 504 Central St's assessment compare to its last sale price?
The current assessment is 5.3% below the last sale price of $118,000.
When was 504 Central St built?
504 Central St was built in 1930.
How does 504 Central St compare to others on Central St?
We track 8 other properties on Central St. Browse the list under "Other properties on Central St" to compare beds, baths, and sale history.
What are the property facts for 504 Central St?
504 Central St is a 3 bed, 1 bath, 1,129 sqft, 9,583 sqft lot single_family.
Is 504 Central St a flip candidate?
No — 504 Central St does not appear in our flips dataset.
Is 504 Central St a tax-appeal candidate?
Yes — 504 Central St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.3%
Implied 1-yr
+5.3%
2026 Q3
$397K
2026 Q4
$397K
ZIP 56501 — Median Price History + Forecast

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