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218 Main St

Detroit Lakes, MN 56501

2 bd 2 ba 624 sqft Built 1940 Lot 4,700 sqft single_family
Most recent sale
$176,000
Nov 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 17, 2024 Listing removed NorthstarMLS
Apr 16, 2024 Listed $182,000 Fargo
Mar 13, 2024 Price changed $182,000 Fargo
Feb 18, 2024 Price changed $184,500 Fargo
Jan 10, 2024 Price changed $187,500 Fargo
Dec 2, 2023 Listed $190,000 NorthstarMLS
Dec 1, 2023 Listed $190,000 Fargo
Nov 18, 2022 Sold $176,000 NorthstarMLS
Oct 17, 2022 Price changed $179,900 MLS #6256932
Sep 5, 2022 Listed $189,000 MLS #6256932
Dec 16, 2015 Sold $104,000 Public Record
Oct 20, 2015 Listing removed $104,000 DetroitLakes
Sep 16, 2015 Sold $44,935 MLS #4558188
Sep 14, 2015 Price changed $104,000 MLS #22-56839
Aug 29, 2015 Listed $105,000 MLS #22-56839
Apr 6, 2015 Sold $43,000 Public Record
Jan 31, 2015 Listed $47,700 MLS #4558188
Jul 30, 1999 Sold $39,900 Public Record
Mar 3, 1995 Sold $30,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $116,100 $22,400 $138,500 $1,374
2024 $112,000 $22,400 $134,400 $1,350
2022 $80,300 $1,008
2020 $74,900 $984
2019 $77,500 $902
2018 $67,700 $858
2017 $72,100 $716
2016 $54,600 $966
2015 $65,000 $20,600 $85,600 $710
2014 $48,000 $582
2013 $49,000 $596
2012 $49,600 $628
2011 $54,100 $560
2009 $65,800 $19,700 $85,500 $550
2007 $61,296 $18,756 $80,052 $8

Property facts

Year built
1940
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
624 sqft
Lot size
4,700 sqft
ZIP code
56501
City
Detroit Lakes
Street
Main St
Coordinates
46.82060, -95.84263

Comparable properties nearby

Block-level micro-comps

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

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$936
Gross rental yield
6.38%
Implied cap rate
4.15%
Trend-extrapolated value

Frequently asked questions

When did 218 Main St last sell?
218 Main St most recently sold on Nov 18, 2022 for $176,000.
What is the current tax assessment for 218 Main St?
The most recent total assessment for 218 Main St (year 2025) is $138,500 with $1,374 in property tax.
How does 218 Main St's assessment compare to its last sale price?
The current assessment is 21.3% below the last sale price of $176,000.
When was 218 Main St built?
218 Main St was built in 1940.
How does 218 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 218 Main St?
218 Main St is a 2 bed, 2 bath, 624 sqft, 4,700 sqft lot single_family.
Is 218 Main St a flip candidate?
No — 218 Main St does not appear in our flips dataset.
Is 218 Main St a tax-appeal candidate?
No — 218 Main St 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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