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408 James St

Detroit Lakes, MN 56501

3 bd 2 ba 1,828 sqft Built 1956 Lot 8,712 sqft single_family
Most recent sale
$230,000
Aug 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 19, 2022 Sold $230,000 MLS #6225685
Jul 9, 2022 Price changed $235,000 MLS #6225685
Jun 29, 2022 Listed $249,900 MLS #6225685
Dec 2, 2021 Sold $197,000 Public Record
Nov 30, 2021 Sold $197,000 MLS #20-34742
Oct 25, 2021 Price changed $199,900 MLS #6099630
Sep 28, 2021 Listed $210,000 MLS #6099630
Jun 25, 2019 Sold $170,000 Public Record
Mar 6, 2014 Listing removed $129,900 DetroitLakes
Sep 5, 2013 Price changed $129,900 MLS #50-7281
Jul 24, 2013 Listed $134,900 MLS #50-7281
Jan 1, 2013 Listing removed $129,900 DetroitLakes
Oct 3, 2012 Listed $129,900 MLS #50-7257

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $8,200 $2,600 $10,800 $180
2024 $5,800 $2,600 $8,400 $100
2023 $5,700 $2,600 $8,300 $104
2022 $5,800 $2,400 $8,200 $124
2021 $5,900 $2,400 $8,300 $124
2020 $6,000 $2,400 $8,400 $126
2019 $5,000 $2,400 $7,400 $114
2018 $4,800 $2,200 $7,000 $100
2017 $4,900 $2,200 $7,100 $106
2016 $5,300 $2,200 $7,500 $102
2015 $4,800 $2,200 $7,000 $98
2014 $4,600 $2,200 $6,800 $96
2013 $4,700 $2,200 $6,900 $96
2012 $4,500 $2,400 $6,900 $88
2011 $4,500 $2,400 $6,900 $82
2009 $4,800 $3,500 $8,300 $162
2007 $4,917 $3,456 $8,373 $87

Property facts

Year built
1956
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,828 sqft
Lot size
8,712 sqft
ZIP code
56501
City
Detroit Lakes
Street
James St
Coordinates
46.80971, -95.83834

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
$2,742
Gross rental yield
14.31%
Implied cap rate
9.30%
Trend-extrapolated value

Frequently asked questions

When did 408 James St last sell?
408 James St most recently sold on Aug 19, 2022 for $230,000.
What is the current tax assessment for 408 James St?
The most recent total assessment for 408 James St (year 2025) is $10,800 with $180 in property tax.
How does 408 James St's assessment compare to its last sale price?
The current assessment is 95.3% below the last sale price of $230,000.
When was 408 James St built?
408 James St was built in 1956.
How does 408 James St compare to others on James St?
We track 3 other properties on James St. Browse the list under "Other properties on James St" to compare beds, baths, and sale history.
What are the property facts for 408 James St?
408 James St is a 3 bed, 2 bath, 1,828 sqft, 8,712 sqft lot single_family.
Is 408 James St a flip candidate?
No — 408 James St does not appear in our flips dataset.
Is 408 James St a tax-appeal candidate?
No — 408 James 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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