20340 County Road 131
Detroit Lakes, MN 56501
3 bd 2 ba 2,172 sqft Built 1940 Lot 10,454 sqft single_family
Most recent sale
$450,000
Sep 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 27, 2022 | Sold | $450,000 | MLS #6236726 |
| Aug 14, 2022 | Price changed | $519,900 | MLS #6236726 |
| Jul 21, 2022 | Listed | $539,900 | MLS #6236726 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $251,300 | $355,200 | $606,500 | $4,008 |
| 2024 | $162,700 | $293,400 | $456,100 | $2,948 |
| 2023 | $171,400 | $293,400 | $464,800 | $3,294 |
| 2020 | — | — | $384,900 | $2,928 |
| 2019 | — | — | $344,300 | $3,378 |
| 2018 | — | — | $385,700 | $2,730 |
| 2017 | — | — | $361,400 | $2,694 |
| 2016 | — | — | $338,300 | $2,614 |
| 2015 | — | — | $341,900 | $2,396 |
| 2014 | — | — | $301,600 | $2,342 |
| 2013 | — | — | $297,700 | $2,486 |
| 2012 | — | — | $308,600 | $2,460 |
| 2011 | — | — | $309,900 | $2,464 |
| 2009 | $133,300 | $202,000 | $335,300 | $2,514 |
| 2007 | $137,666 | $186,660 | $324,326 | $8 |
Property facts
Year built
1940
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,172 sqft
Lot size
10,454 sqft
ZIP code
56501
City
Detroit Lakes
Street
County Road 131
Coordinates
46.86779, -95.84892
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,258
Gross rental yield
8.69%
Implied cap rate
5.65%
Trend-extrapolated value
—
Frequently asked questions
When did 20340 County Road 131 last sell?
20340 County Road 131 most recently sold on Sep 27, 2022 for $450,000.
What is the current tax assessment for 20340 County Road 131?
The most recent total assessment for 20340 County Road 131 (year 2025) is $606,500 with $4,008 in property tax.
How does 20340 County Road 131's assessment compare to its last sale price?
The current assessment is 34.8% above the last sale price of $450,000.
When was 20340 County Road 131 built?
20340 County Road 131 was built in 1940.
How does 20340 County Road 131 compare to others on County Road 131?
We track 8 other properties on County Road 131. Browse the list under "Other properties on County Road 131" to compare beds, baths, and sale history.
What are the property facts for 20340 County Road 131?
20340 County Road 131 is a 3 bed, 2 bath, 2,172 sqft, 10,454 sqft lot single_family.
Is 20340 County Road 131 a flip candidate?
No — 20340 County Road 131 does not appear in our flips dataset.
Is 20340 County Road 131 a tax-appeal candidate?
Yes — 20340 County Road 131 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 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 County Road 131