516 Reynolds St
Detroit Lakes, MN 56501
3 bd 2 ba 1,333 sqft Built 1925 Lot 13,939 sqft single_family
Most recent sale
$235,000
Aug 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 3, 2025 | Sold | $280,000 | NorthstarMLS |
| Sep 25, 2025 | Listed | $289,500 | NorthstarMLS |
| Aug 30, 2022 | Sold | $235,000 | MLS #6229734 |
| Jul 2, 2022 | Listed | $239,000 | MLS #6229734 |
| Jul 31, 2020 | Sold | $183,000 | MLS #20-30505 |
| Jun 4, 2020 | Listed | $185,000 | MLS #20-30505 |
| Jul 9, 2013 | Listing removed | $124,900 | DetroitLakes |
| May 28, 2013 | Price changed | $124,900 | MLS #10-2265 |
| Mar 19, 2013 | Listed | $129,900 | MLS #10-2265 |
| Jan 3, 2011 | Listing removed | $125,000 | DetroitLakes |
| Nov 11, 2010 | Relisted | $125,000 | MLS #10-1750 |
| Nov 6, 2010 | Listing removed | $125,000 | DetroitLakes |
| Aug 25, 2010 | Price changed | $125,000 | MLS #10-1750 |
| May 7, 2010 | Listed | $129,000 | MLS #10-1750 |
| Oct 18, 2009 | Listing removed | $119,900 | DetroitLakes |
| Sep 30, 2009 | Sold | $115,600 | Public Record |
| Jul 9, 2009 | Listed | $119,900 | MLS #88-4762 |
| Oct 29, 2008 | Sold | $110,000 | Public Record |
| Sep 30, 2004 | Sold | $75,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $127,000 | $1,666 |
| 2019 | — | — | $127,300 | $1,556 |
| 2018 | — | — | $112,700 | $1,580 |
| 2017 | — | — | $129,000 | $1,398 |
| 2016 | — | — | $104,200 | $1,388 |
| 2015 | — | — | $108,200 | $1,282 |
| 2014 | — | — | $96,600 | $1,206 |
| 2013 | — | — | $92,900 | $1,060 |
| 2012 | — | — | $77,600 | $944 |
| 2011 | — | — | $83,900 | $814 |
| 2009 | $86,800 | $37,400 | $124,200 | $902 |
| 2007 | $74,199 | $32,235 | $106,434 | $8 |
Property facts
Year built
1925
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,333 sqft
Lot size
13,939 sqft
ZIP code
56501
City
Detroit Lakes
Street
Reynolds St
Coordinates
46.81464, -95.85224
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,000
Gross rental yield
10.21%
Implied cap rate
6.64%
Trend-extrapolated value
—
Frequently asked questions
When did 516 Reynolds St last sell?
516 Reynolds St most recently sold on Aug 30, 2022 for $235,000.
What is the current tax assessment for 516 Reynolds St?
The most recent total assessment for 516 Reynolds St (year 2020) is $127,000 with $1,666 in property tax.
How does 516 Reynolds St's assessment compare to its last sale price?
The current assessment is 46.0% below the last sale price of $235,000.
When was 516 Reynolds St built?
516 Reynolds St was built in 1925.
How does 516 Reynolds St compare to others on Reynolds St?
We do not currently track other properties on Reynolds St.
What are the property facts for 516 Reynolds St?
516 Reynolds St is a 3 bed, 2 bath, 1,333 sqft, 13,939 sqft lot single_family.
Is 516 Reynolds St a flip candidate?
No — 516 Reynolds St does not appear in our flips dataset.
Is 516 Reynolds St a tax-appeal candidate?
No — 516 Reynolds St 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