1148 Lake Ave
Detroit Lakes, MN 56501
4 bd 3 ba 4,080 sqft Built 1925 Lot 7,405 sqft single_family
Most recent sale
$325,000
Mar 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 3, 2022 | Sold | $325,000 | Public Record |
| Feb 24, 2022 | Sold | $325,000 | MLS #20-35208 |
| Nov 12, 2021 | Listed | $379,000 | MLS #6126893 |
| Nov 6, 2021 | Listed | $379,000 | MLS #20-35208 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $197,000 | $2,326 |
| 2019 | — | — | $197,800 | $2,224 |
| 2018 | — | — | $181,600 | $2,236 |
| 2017 | — | — | $206,000 | $1,946 |
| 2016 | — | — | $167,600 | $1,864 |
| 2015 | — | — | $167,900 | $1,700 |
| 2014 | — | — | $150,000 | $1,602 |
| 2013 | — | — | $144,800 | $1,466 |
| 2012 | — | — | $130,400 | $1,536 |
| 2011 | — | — | $140,000 | $1,350 |
| 2009 | $146,000 | $32,000 | $178,000 | $1,490 |
| 2007 | $133,220 | $28,075 | $161,295 | $8 |
Property facts
Year built
1925
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
4,080 sqft
Lot size
7,405 sqft
ZIP code
56501
City
Detroit Lakes
Street
Lake Ave
Coordinates
46.81182, -95.84755
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
$1,950
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1148 Lake Ave last sell?
1148 Lake Ave most recently sold on Mar 3, 2022 for $325,000.
What is the current tax assessment for 1148 Lake Ave?
The most recent total assessment for 1148 Lake Ave (year 2020) is $197,000 with $2,326 in property tax.
How does 1148 Lake Ave's assessment compare to its last sale price?
The current assessment is 39.4% below the last sale price of $325,000.
When was 1148 Lake Ave built?
1148 Lake Ave was built in 1925.
How does 1148 Lake Ave compare to others on Lake Ave?
We track 8 other properties on Lake Ave. Browse the list under "Other properties on Lake Ave" to compare beds, baths, and sale history.
What are the property facts for 1148 Lake Ave?
1148 Lake Ave is a 4 bed, 3 bath, 4,080 sqft, 7,405 sqft lot single_family.
Is 1148 Lake Ave a flip candidate?
No — 1148 Lake Ave does not appear in our flips dataset.
Is 1148 Lake Ave a tax-appeal candidate?
No — 1148 Lake Ave 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 Lake Ave