324 Sherman St
Detroit Lakes, MN 56501
4 bd 2 ba 2,310 sqft Built 1941 Lot 8,712 sqft single_family
Most recent sale
$275,000
Sep 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 22, 2022 | Sold | $275,000 | Public Record |
| Sep 19, 2022 | Sold | $275,000 | MLS #6242943 |
| Aug 5, 2022 | Listed | $299,900 | MLS #6242943 |
| Aug 3, 2006 | Sold | $135,000 | Public Record |
| Jul 27, 2001 | Sold | $90,000 | Public Record |
| Feb 19, 2000 | Sold | $87,000 | Public Record |
| Aug 2, 1999 | Sold | $58,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $185,200 | $2,218 |
| 2019 | — | — | $188,200 | $2,240 |
| 2018 | — | — | $182,900 | $2,090 |
| 2017 | — | — | $191,900 | $1,822 |
| 2016 | — | — | $156,300 | $1,554 |
| 2015 | — | — | $138,200 | $1,448 |
| 2014 | — | — | $126,400 | $1,360 |
| 2013 | — | — | $122,100 | $1,386 |
| 2012 | — | — | $123,000 | $1,450 |
| 2011 | — | — | $131,800 | $1,408 |
| 2009 | $133,700 | $30,100 | $163,800 | $982 |
| 2007 | $109,364 | $27,538 | $136,902 | $1,188 |
Property facts
Year built
1941
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,310 sqft
Lot size
8,712 sqft
ZIP code
56501
City
Detroit Lakes
Street
Sherman St
Coordinates
46.81307, -95.83942
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
$1,650
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 324 Sherman St last sell?
324 Sherman St most recently sold on Sep 22, 2022 for $275,000.
What is the current tax assessment for 324 Sherman St?
The most recent total assessment for 324 Sherman St (year 2020) is $185,200 with $2,218 in property tax.
How does 324 Sherman St's assessment compare to its last sale price?
The current assessment is 32.7% below the last sale price of $275,000.
When was 324 Sherman St built?
324 Sherman St was built in 1941.
How does 324 Sherman St compare to others on Sherman St?
We track 8 other properties on Sherman St. Browse the list under "Other properties on Sherman St" to compare beds, baths, and sale history.
What are the property facts for 324 Sherman St?
324 Sherman St is a 4 bed, 2 bath, 2,310 sqft, 8,712 sqft lot single_family.
Is 324 Sherman St a flip candidate?
No — 324 Sherman St does not appear in our flips dataset.
Is 324 Sherman St a tax-appeal candidate?
No — 324 Sherman 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
Explore nearby
Geography
Other properties on Sherman St