2340 Cherry Hill Dr
Detroit Lakes, MN 56501
5 bd 3 ba 4,242 sqft Built 1993 Lot 50,000 sqft single_family
Most recent sale
$1,100,000
Apr 15, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 15, 2024 | Sold | $1,100,000 | NorthstarMLS |
| Feb 4, 2024 | Listed | $1,250,000 | NorthstarMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $635,200 | $358,000 | $993,200 | $10,444 |
| 2024 | $623,400 | $365,300 | $988,700 | $10,510 |
| 2023 | $466,400 | $304,900 | $771,300 | $8,550 |
| 2022 | $399,500 | $276,700 | $676,200 | $8,028 |
| 2021 | $380,200 | $262,400 | $642,600 | $7,608 |
| 2020 | $381,100 | $262,400 | $643,500 | $7,680 |
| 2019 | $358,500 | $262,400 | $620,900 | $6,540 |
| 2018 | $473,800 | $257,400 | $731,200 | $6,594 |
| 2017 | — | — | $566,400 | $4,844 |
Property facts
Year built
1993
Property type
single_family
Stories
1
Beds
5
Baths
3
Living area
4,242 sqft
Lot size
50,000 sqft
ZIP code
56501
City
Detroit Lakes
Street
Cherry Hill Dr
Coordinates
46.82427, -95.89849
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,363
Gross rental yield
6.94%
Implied cap rate
4.51%
Trend-extrapolated value
—
Frequently asked questions
When did 2340 Cherry Hill Dr last sell?
2340 Cherry Hill Dr most recently sold on Apr 15, 2024 for $1,100,000.
What is the current tax assessment for 2340 Cherry Hill Dr?
The most recent total assessment for 2340 Cherry Hill Dr (year 2025) is $993,200 with $10,444 in property tax.
How does 2340 Cherry Hill Dr's assessment compare to its last sale price?
The current assessment is 9.7% below the last sale price of $1,100,000.
When was 2340 Cherry Hill Dr built?
2340 Cherry Hill Dr was built in 1993.
How does 2340 Cherry Hill Dr compare to others on Cherry Hill Dr?
We track 7 other properties on Cherry Hill Dr. Browse the list under "Other properties on Cherry Hill Dr" to compare beds, baths, and sale history.
What are the property facts for 2340 Cherry Hill Dr?
2340 Cherry Hill Dr is a 5 bed, 3 bath, 4,242 sqft, 50,000 sqft lot single_family.
Is 2340 Cherry Hill Dr a flip candidate?
No — 2340 Cherry Hill Dr does not appear in our flips dataset.
Is 2340 Cherry Hill Dr a tax-appeal candidate?
No — 2340 Cherry Hill Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.3%
Implied 1-yr
+5.3%
2026 Q3
$397K
2026 Q4
$397K
ZIP 56501 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cherry Hill Dr