1316 Loring Ave
Detroit Lakes, MN 56501
3 bd 2 ba 1,900 sqft Built 1978 Lot 13,504 sqft single_family
Most recent sale
$175,000
Feb 26, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 31, 2023 | Sold | $277,000 | NorthstarMLS |
| Sep 15, 2022 | Listed | $299,900 | MLS #6261440 |
| Feb 26, 2021 | Sold | $175,000 | Public Record |
| Jul 25, 2019 | Sold | $175,000 | Public Record |
| Jul 14, 2006 | Sold | $145,000 | Public Record |
| Mar 18, 2002 | Sold | $105,000 | Public Record |
| Mar 1, 1994 | Sold | $80,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $260,200 | $32,500 | $292,700 | $2,816 |
| 2024 | $212,800 | $32,500 | $245,300 | $2,398 |
| 2020 | — | — | $42,900 | $558 |
| 2019 | — | — | $43,100 | $1,742 |
| 2018 | — | — | $140,100 | $1,568 |
| 2017 | — | — | $141,200 | $1,538 |
| 2016 | — | — | $130,200 | $1,420 |
| 2015 | — | — | $125,400 | $1,304 |
| 2014 | — | — | $112,900 | $1,218 |
| 2013 | — | — | $108,800 | $1,244 |
| 2012 | — | — | $109,800 | $1,236 |
| 2011 | — | — | $111,500 | $1,138 |
| 2009 | $110,300 | $29,800 | $140,100 | $1,068 |
| 2007 | $109,529 | $29,828 | $139,357 | $1,170 |
Property facts
Year built
1978
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,900 sqft
Lot size
13,504 sqft
ZIP code
56501
City
Detroit Lakes
Street
Loring Ave
Coordinates
46.80883, -95.83121
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
$1,050
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1316 Loring Ave last sell?
1316 Loring Ave most recently sold on Feb 26, 2021 for $175,000.
What is the current tax assessment for 1316 Loring Ave?
The most recent total assessment for 1316 Loring Ave (year 2025) is $292,700 with $2,816 in property tax.
How does 1316 Loring Ave's assessment compare to its last sale price?
The current assessment is 67.3% above the last sale price of $175,000.
When was 1316 Loring Ave built?
1316 Loring Ave was built in 1978.
How does 1316 Loring Ave compare to others on Loring Ave?
We track 4 other properties on Loring Ave. Browse the list under "Other properties on Loring Ave" to compare beds, baths, and sale history.
What are the property facts for 1316 Loring Ave?
1316 Loring Ave is a 3 bed, 2 bath, 1,900 sqft, 13,504 sqft lot single_family.
Is 1316 Loring Ave a flip candidate?
No — 1316 Loring Ave does not appear in our flips dataset.
Is 1316 Loring Ave a tax-appeal candidate?
No — 1316 Loring Ave 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
Explore nearby
Geography
Other properties on Loring Ave