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1221 Roosevelt Ave

Detroit Lakes, MN 56501

4 bd 2 ba 1,840 sqft Built 1956 Lot 9,583 sqft single_family
Most recent sale
$281,500
Oct 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 7, 2022 Sold $281,500 MLS #6250060
Aug 17, 2022 Listed $275,000 MLS #6250060
Jan 11, 2012 Sold $113,000 Public Record
Jan 10, 2012 Listing removed $112,000 DetroitLakes
Sep 8, 2011 Price changed $112,000 MLS #49-345
Aug 5, 2011 Relisted $116,900 MLS #49-345
Jun 27, 2011 Listing removed $116,900 DetroitLakes
May 11, 2011 Listed $116,900 MLS #49-345

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $148,200 $1,760
2019 $134,800 $1,412
2018 $99,300 $1,426
2017 $112,900 $1,342
2016 $98,000 $1,184
2015 $87,500 $1,118
2014 $79,900 $1,034
2013 $75,400 $1,060
2012 $76,200 $832
2011 $73,300 $754
2009 $79,600 $29,000 $108,600 $768
2007 $79,664 $28,992 $108,656 $828

Property facts

Year built
1956
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,840 sqft
Lot size
9,583 sqft
ZIP code
56501
City
Detroit Lakes
Street
Roosevelt Ave
Coordinates
46.80988, -95.83865

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
$2,760
Gross rental yield
11.77%
Implied cap rate
7.65%
Trend-extrapolated value

Frequently asked questions

When did 1221 Roosevelt Ave last sell?
1221 Roosevelt Ave most recently sold on Oct 7, 2022 for $281,500.
What is the current tax assessment for 1221 Roosevelt Ave?
The most recent total assessment for 1221 Roosevelt Ave (year 2020) is $148,200 with $1,760 in property tax.
How does 1221 Roosevelt Ave's assessment compare to its last sale price?
The current assessment is 47.4% below the last sale price of $281,500.
When was 1221 Roosevelt Ave built?
1221 Roosevelt Ave was built in 1956.
How does 1221 Roosevelt Ave compare to others on Roosevelt Ave?
We track 8 other properties on Roosevelt Ave. Browse the list under "Other properties on Roosevelt Ave" to compare beds, baths, and sale history.
What are the property facts for 1221 Roosevelt Ave?
1221 Roosevelt Ave is a 4 bed, 2 bath, 1,840 sqft, 9,583 sqft lot single_family.
Is 1221 Roosevelt Ave a flip candidate?
No — 1221 Roosevelt Ave does not appear in our flips dataset.
Is 1221 Roosevelt Ave a tax-appeal candidate?
No — 1221 Roosevelt Ave 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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