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502 Lake Dr

Detroit Lakes, MN 56501

2 bd 2 ba 1,461 sqft Built 2003 condos
Most recent sale
$310,000
Nov 28, 2007

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 20, 2024 Sold $513,000 NorthstarMLS
Feb 21, 2024 Listed $524,900 NorthstarMLS
Nov 28, 2007 Sold $310,000 Public Record
Feb 6, 2004 Sold $269,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $350,700 $204,700 $555,400 $5,430
2024 $310,200 $170,700 $480,900 $4,668
2022 $361,700 $4,136
2021 $344,500 $3,964
2020 $368,100 $4,260
2019 $312,400 $3,778
2018 $276,700 $3,002
2017 $231,600 $2,682
2016 $271,900 $2,990
2015 $244,600 $2,752
2014 $211,700 $2,360
2013 $212,700 $2,396
2012 $213,100 $2,358
2011 $188,500 $83,300 $271,800 $2,654
2009 $189,900 $81,100 $271,000 $2,512
2007 $181,709 $60,216 $241,925 $101

Property facts

Year built
2003
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,461 sqft
Lot size
ZIP code
56501
City
Detroit Lakes
Street
Lake Dr
Coordinates
46.80701, -95.85241

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 502 Lake Dr last sell?
502 Lake Dr most recently sold on Nov 28, 2007 for $310,000.
What is the current tax assessment for 502 Lake Dr?
The most recent total assessment for 502 Lake Dr (year 2025) is $555,400 with $5,430 in property tax.
How does 502 Lake Dr's assessment compare to its last sale price?
The current assessment is 79.2% above the last sale price of $310,000.
When was 502 Lake Dr built?
502 Lake Dr was built in 2003.
How does 502 Lake Dr compare to others on Lake Dr?
We track 8 other properties on Lake Dr. Browse the list under "Other properties on Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 502 Lake Dr?
502 Lake Dr is a 2 bed, 2 bath, 1,461 sqft condos.
Is 502 Lake Dr a flip candidate?
No — 502 Lake Dr does not appear in our flips dataset.
Is 502 Lake Dr a tax-appeal candidate?
No — 502 Lake Dr 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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