24955 Lake Ridge Ln
Detroit Lakes, MN 56501
6 bd 6 ba 6,296 sqft Built 1992 Lot 143,748 sqft single_family
Most recent sale
$1,885,000
Dec 1, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 1, 2021 | Sold | $1,885,000 | MLS #20-35061 |
| Oct 2, 2021 | Listed | $1,899,000 | MLS #21-5422 |
| Oct 1, 2021 | Listed | $1,899,000 | MLS #20-35061 |
| Dec 2, 2015 | Sold | $846,500 | Public Record |
| Sep 28, 2015 | Listing removed | $874,000 | DetroitLakes |
| Sep 21, 2015 | Listing removed | $874,000 | Fargo |
| Jul 28, 2015 | Listed | $874,000 | MLS #15-3678 |
| Jul 16, 2015 | Price changed | $874,000 | MLS #25-5648 |
| Jul 14, 2015 | Listed | $974,000 | MLS #25-5648 |
| Jul 8, 2015 | Listing removed | $974,000 | DetroitLakes |
| Mar 1, 2015 | Listed | $974,000 | MLS #84-673 |
| Dec 1, 2014 | Listing removed | $989,000 | DetroitLakes |
| Mar 6, 2014 | Listed | $989,000 | MLS #84-476 |
| Dec 16, 2013 | Listing removed | $1,100,000 | DetroitLakes |
| Nov 6, 2013 | Listed | $1,100,000 | MLS #22-56499 |
| Apr 12, 1999 | Sold | $22,500 | Public Record |
| Jun 23, 1995 | Sold | $22,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $5,900 | $188,800 | $194,700 | $1,256 |
| 2024 | $3,200 | $183,700 | $186,900 | $1,262 |
| 2023 | $2,600 | $146,700 | $149,300 | $1,108 |
| 2022 | $2,500 | $132,800 | $135,300 | $1,134 |
| 2021 | $3,200 | $118,300 | $121,500 | $1,052 |
| 2020 | $3,200 | $118,300 | $121,500 | $1,092 |
| 2019 | $3,300 | $118,300 | $121,600 | $992 |
| 2018 | — | $107,500 | $107,500 | $770 |
| 2017 | — | $96,200 | $96,200 | $720 |
| 2016 | — | $87,300 | $87,300 | $696 |
| 2015 | — | $87,300 | $87,300 | $868 |
| 2014 | — | $87,300 | $87,300 | $882 |
| 2013 | — | $87,300 | $87,300 | $932 |
| 2012 | — | $87,300 | $87,300 | $982 |
| 2011 | — | $97,700 | $97,700 | $1,010 |
| 2009 | — | $112,000 | $112,000 | $1,006 |
| 2007 | — | $97,435 | $97,435 | $91 |
Property facts
Year built
1992
Property type
single_family
Stories
—
Beds
6
Baths
6
Living area
6,296 sqft
Lot size
143,748 sqft
ZIP code
56501
City
Detroit Lakes
Street
Lake Ridge Ln
Coordinates
46.76736, -95.88179
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
$9,444
Gross rental yield
6.01%
Implied cap rate
3.91%
Trend-extrapolated value
—
Frequently asked questions
When did 24955 Lake Ridge Ln last sell?
24955 Lake Ridge Ln most recently sold on Dec 1, 2021 for $1,885,000.
What is the current tax assessment for 24955 Lake Ridge Ln?
The most recent total assessment for 24955 Lake Ridge Ln (year 2025) is $194,700 with $1,256 in property tax.
How does 24955 Lake Ridge Ln's assessment compare to its last sale price?
The current assessment is 89.7% below the last sale price of $1,885,000.
When was 24955 Lake Ridge Ln built?
24955 Lake Ridge Ln was built in 1992.
How does 24955 Lake Ridge Ln compare to others on Lake Ridge Ln?
We track 1 other property on Lake Ridge Ln. Browse the list under "Other properties on Lake Ridge Ln" to compare beds, baths, and sale history.
What are the property facts for 24955 Lake Ridge Ln?
24955 Lake Ridge Ln is a 6 bed, 6 bath, 6,296 sqft, 143,748 sqft lot single_family.
Is 24955 Lake Ridge Ln a flip candidate?
No — 24955 Lake Ridge Ln does not appear in our flips dataset.
Is 24955 Lake Ridge Ln a tax-appeal candidate?
No — 24955 Lake Ridge Ln 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
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Geography
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