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1217 Lake Ave

Detroit Lakes, MN 56501

2 bd 2 ba 1,152 sqft Built 1959 Lot 7,405 sqft single_family
Most recent sale
$269,500
Sep 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 20, 2022 Sold $269,500 MLS #6234189
Jul 13, 2022 Listed $269,500 MLS #6234189
Oct 3, 2018 Sold $159,000 Public Record
Aug 17, 2018 Sold $149,000 MLS #20-19566
Jul 25, 2017 Sold $149,000 Public Record
Jul 21, 2017 Listed $149,000 MLS #20-19566
Jul 21, 2017 Sold $149,000 MLS #20-19566
May 17, 2017 Listed $149,000 MLS #20-19566
May 17, 2017 Listing removed $149,000 DetroitLakes

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $203,200 $35,400 $238,600 $2,310
2024 $187,300 $35,400 $222,700 $2,184
2023 $173,900 $32,700 $206,600 $2,170
2022 $143,400 $28,300 $171,700 $1,988
2021 $138,500 $28,300 $166,800 $1,936
2020 $138,500 $28,300 $166,800 $1,976
2019 $140,600 $28,300 $168,900 $1,406
2018 $111,100 $1,412
2017 $125,900 $1,322
2016 $110,300 $1,218
2015 $106,000 $1,112
2014 $94,800 $1,030
2012 $81,900 $990
2011 $88,300 $854
2009 $94,500 $31,700 $126,200 $950
2007 $94,103 $27,880 $121,983 $8

Property facts

Year built
1959
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,152 sqft
Lot size
7,405 sqft
ZIP code
56501
City
Detroit Lakes
Street
Lake Ave
Coordinates
46.81064, -95.84675

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,728
Gross rental yield
7.69%
Implied cap rate
5.00%
Trend-extrapolated value

Frequently asked questions

When did 1217 Lake Ave last sell?
1217 Lake Ave most recently sold on Sep 20, 2022 for $269,500.
What is the current tax assessment for 1217 Lake Ave?
The most recent total assessment for 1217 Lake Ave (year 2025) is $238,600 with $2,310 in property tax.
How does 1217 Lake Ave's assessment compare to its last sale price?
The current assessment is 11.5% below the last sale price of $269,500.
When was 1217 Lake Ave built?
1217 Lake Ave was built in 1959.
How does 1217 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 1217 Lake Ave?
1217 Lake Ave is a 2 bed, 2 bath, 1,152 sqft, 7,405 sqft lot single_family.
Is 1217 Lake Ave a flip candidate?
No — 1217 Lake Ave does not appear in our flips dataset.
Is 1217 Lake Ave a tax-appeal candidate?
No — 1217 Lake Ave 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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