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222 Lake Ave

Detroit Lakes, MN 56501

1 bd 1 ba 770 sqft Built 1918 Lot 3,485 sqft single_family
Most recent sale
$100,000
Mar 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 21, 2022 Sold $100,000 MLS #20-35470
Mar 1, 2022 Listed $109,900 MLS #20-35470

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $39,200 $544
2019 $38,700 $518
2018 $35,500 $482
2017 $36,500 $488
2016 $34,900 $462
2015 $34,700 $436
2014 $32,900 $392
2012 $32,500 $370
2011 $31,000 $350
2009 $26,700 $20,400 $47,100 $248
2007 $27,722 $20,350 $48,072 $8

Property facts

Year built
1918
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
770 sqft
Lot size
3,485 sqft
ZIP code
56501
City
Detroit Lakes
Street
Lake Ave
Coordinates
46.82358, -95.84675

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,155
Gross rental yield
13.86%
Implied cap rate
9.01%
Trend-extrapolated value

Frequently asked questions

When did 222 Lake Ave last sell?
222 Lake Ave most recently sold on Mar 21, 2022 for $100,000.
What is the current tax assessment for 222 Lake Ave?
The most recent total assessment for 222 Lake Ave (year 2020) is $39,200 with $544 in property tax.
How does 222 Lake Ave's assessment compare to its last sale price?
The current assessment is 60.8% below the last sale price of $100,000.
When was 222 Lake Ave built?
222 Lake Ave was built in 1918.
How does 222 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 222 Lake Ave?
222 Lake Ave is a 1 bed, 1 bath, 770 sqft, 3,485 sqft lot single_family.
Is 222 Lake Ave a flip candidate?
No — 222 Lake Ave does not appear in our flips dataset.
Is 222 Lake Ave a tax-appeal candidate?
No — 222 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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