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502 Lake Dr

Detroit Lakes, MN 56501

2 bd 2 ba 1,683 sqft Built 2003 condos
Most recent sale
$315,000
Dec 1, 2020

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2024 Price changed $474,000 NorthstarMLS
Mar 1, 2024 Listed $495,000 NorthstarMLS
Dec 1, 2020 Sold $315,000 DetroitLakes
Nov 9, 2019 Listing removed DetroitLakes
Jul 29, 2019 Price changed $359,900 DetroitLakes
May 22, 2019 Price changed $364,900 DetroitLakes
May 8, 2019 Listed $374,900 DetroitLakes
Jul 19, 2016 Sold $285,000 Public Record
May 2, 2010 Listing removed $335,000 DetroitLakes
Apr 5, 2010 Sold $315,000 Public Record
Feb 13, 2010 Price changed $335,000 DetroitLakes
Jun 1, 2009 Listed $350,000 DetroitLakes
Jun 21, 2004 Sold $230,300 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $360,300 $184,700 $545,000 $5,316
2024 $327,100 $170,700 $497,800 $4,854
2023 $267,100 $135,500 $402,600 $4,196
2022 $242,600 $135,500 $378,100 $4,282
2021 $357,000 $4,070
2020 $380,800 $4,368
2019 $323,200 $3,868
2018 $284,300 $3,044
2017 $237,700 $2,710
2016 $286,800 $3,104
2015 $257,800 $2,852
2014 $223,200 $2,438
2013 $223,100 $2,462
2012 $224,100 $2,426
2011 $199,200 $83,300 $282,500 $2,720
2009 $200,700 $81,100 $281,800 $2,566
2007 $192,034 $60,216 $252,250 $2,496

Property facts

Year built
2003
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,683 sqft
Lot size
ZIP code
56501
City
Detroit Lakes
Street
Lake Dr
Coordinates
46.80704, -95.85218

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 Dec 1, 2020 for $315,000.
What is the current tax assessment for 502 Lake Dr?
The most recent total assessment for 502 Lake Dr (year 2025) is $545,000 with $5,316 in property tax.
How does 502 Lake Dr's assessment compare to its last sale price?
The current assessment is 73.0% above the last sale price of $315,000.
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, 1,683 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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