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502 Front St

Detroit Lakes, MN 56501

1 bd 1 ba 637 sqft Built 1916 Lot 4,792 sqft single_family
Most recent sale
$99,900
Nov 17, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 17, 2021 Sold $99,900 MLS #20-34949
Sep 19, 2021 Price changed $99,900 MLS #6095822
Sep 7, 2021 Listed $104,900 MLS #6095822
Feb 28, 2020 Sold $37,500 MLS #20-24161
Mar 29, 2019 Price changed $57,600 MLS #20-24161
Nov 9, 2018 Price changed $64,355 MLS #20-24161
Sep 6, 2018 Listing removed $65,355 LakeRegionMN
Sep 5, 2018 Price changed $65,355 MLS #20-24161
Aug 31, 2018 Price changed $65,855 MLS #20-24161
Aug 31, 2018 Listing removed $65,855 LakeRegionMN
Jul 28, 2018 Listing removed $66,355 LakeRegionMN
Jul 27, 2018 Listed $66,355 MLS #20-24161

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $19,000 $24,600 $43,600 $560
2020 $30,400 $24,600 $55,000 $692
2019 $33,000 $24,600 $57,600 $808
2018 $34,100 $24,200 $58,300 $674
2017 $31,000 $24,200 $55,200 $676
2016 $25,100 $24,200 $49,300 $582
2015 $23,100 $24,200 $47,300 $558
2014 $22,300 $24,200 $46,500 $522
2013 $22,800 $24,200 $47,000 $532
2012 $24,300 $24,400 $48,700 $534
2011 $24,600 $24,400 $49,000 $502
2009 $22,900 $25,100 $48,000 $486
2007 $22,967 $25,100 $48,067 $8

Property facts

Year built
1916
Property type
single_family
Stories
Beds
1
Baths
1
Living area
637 sqft
Lot size
4,792 sqft
ZIP code
56501
City
Detroit Lakes
Street
Front St
Coordinates
46.81893, -95.85135

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
$956
Gross rental yield
11.48%
Implied cap rate
7.46%
Trend-extrapolated value

Frequently asked questions

When did 502 Front St last sell?
502 Front St most recently sold on Nov 17, 2021 for $99,900.
What is the current tax assessment for 502 Front St?
The most recent total assessment for 502 Front St (year 2021) is $43,600 with $560 in property tax.
How does 502 Front St's assessment compare to its last sale price?
The current assessment is 56.4% below the last sale price of $99,900.
When was 502 Front St built?
502 Front St was built in 1916.
How does 502 Front St compare to others on Front St?
We track 6 other properties on Front St. Browse the list under "Other properties on Front St" to compare beds, baths, and sale history.
What are the property facts for 502 Front St?
502 Front St is a 1 bed, 1 bath, 637 sqft, 4,792 sqft lot single_family.
Is 502 Front St a flip candidate?
Yes — 502 Front St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 502 Front St a tax-appeal candidate?
No — 502 Front 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
+1.3%
Implied 1-yr
+5.3%
2026 Q3
$397K
2026 Q4
$397K
ZIP 56501 — Median Price History + Forecast

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