724 Shorewood Dr
Detroit Lakes, MN 56501
2 bd 3 ba 2,128 sqft Built 1962 Lot 17,985 sqft single_family
Most recent sale
$1,025,000
Apr 3, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 3, 2024 | Sold | $1,025,000 | Public Record |
| Oct 18, 2023 | Listed | $1,100,000 | Fargo |
| Jul 26, 2022 | Sold | $850,000 | Public Record |
| Aug 17, 2018 | Sold | $430,000 | DetroitLakes |
| Dec 19, 2017 | Sold | $430,000 | Public Record |
| Dec 15, 2017 | Listed | $449,500 | DetroitLakes |
| Dec 15, 2017 | Sold | $430,000 | LakeRegionMN |
| Oct 26, 2017 | Listing removed | $449,500 | DetroitLakes |
| Oct 3, 2017 | Listed | $449,500 | LakeRegionMN |
| Sep 19, 2017 | Price changed | $449,500 | DetroitLakes |
| Sep 11, 2017 | Price changed | $464,900 | DetroitLakes |
| Jul 31, 2017 | Listed | $479,000 | DetroitLakes |
| Aug 30, 2001 | Sold | $160,000 | Public Record |
| Jul 1, 1997 | Sold | $84,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $424,000 | $334,000 | $758,000 | $7,902 |
| 2024 | $380,900 | $283,700 | $664,600 | $6,928 |
| 2023 | $284,500 | $224,400 | $508,900 | $5,310 |
| 2022 | $251,700 | $224,400 | $476,100 | $5,474 |
| 2021 | $261,600 | $213,700 | $475,300 | $5,482 |
| 2020 | $239,800 | $201,800 | $441,600 | $5,152 |
| 2019 | — | — | $277,000 | $3,394 |
| 2018 | — | — | $262,800 | $2,884 |
| 2017 | — | — | $256,500 | $2,984 |
| 2016 | — | — | $262,000 | $2,918 |
| 2015 | — | — | $264,000 | $2,992 |
| 2014 | — | — | $232,900 | $2,614 |
| 2013 | — | — | $242,200 | $2,760 |
| 2012 | — | — | $266,700 | $2,950 |
| 2011 | $93,600 | $210,000 | $303,600 | $3,026 |
| 2009 | $94,500 | $210,000 | $304,500 | $2,640 |
| 2007 | $96,225 | $207,900 | $304,125 | $2,100 |
Property facts
Year built
1962
Property type
single_family
Stories
—
Beds
2
Baths
3
Living area
2,128 sqft
Lot size
17,985 sqft
ZIP code
56501
City
Detroit Lakes
Street
Shorewood Dr
Coordinates
46.78791, -95.83744
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
$3,192
Gross rental yield
3.74%
Implied cap rate
2.43%
Trend-extrapolated value
—
Frequently asked questions
When did 724 Shorewood Dr last sell?
724 Shorewood Dr most recently sold on Apr 3, 2024 for $1,025,000.
What is the current tax assessment for 724 Shorewood Dr?
The most recent total assessment for 724 Shorewood Dr (year 2025) is $758,000 with $7,902 in property tax.
How does 724 Shorewood Dr's assessment compare to its last sale price?
The current assessment is 26.0% below the last sale price of $1,025,000.
When was 724 Shorewood Dr built?
724 Shorewood Dr was built in 1962.
How does 724 Shorewood Dr compare to others on Shorewood Dr?
We track 8 other properties on Shorewood Dr. Browse the list under "Other properties on Shorewood Dr" to compare beds, baths, and sale history.
What are the property facts for 724 Shorewood Dr?
724 Shorewood Dr is a 2 bed, 3 bath, 2,128 sqft, 17,985 sqft lot single_family.
Is 724 Shorewood Dr a flip candidate?
Yes — 724 Shorewood Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 724 Shorewood Dr a tax-appeal candidate?
No — 724 Shorewood Dr 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 Shorewood Dr