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409 State St

Detroit Lakes, MN 56501

3 bd 2 ba 1,200 sqft Built 1910 Lot 5,227 sqft single_family
Most recent sale
$60,000
Feb 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 18, 2022 Sold $60,000 MLS #6131422
Feb 6, 2022 Relisted $99,500 MLS #6131422
Dec 2, 2021 Listed $99,500 MLS #6131422
Feb 18, 2009 Listing removed $54,900 DetroitLakes
Jan 21, 2009 Sold $49,000 Public Record
Aug 29, 2001 Sold $52,000 Public Record
Sep 22, 1997 Sold $45,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $68,700 $22,700 $91,400 $934
2024 $68,200 $22,700 $90,900 $940
2023 $57,900 $22,700 $80,600 $896
2022 $55,500 $20,900 $76,400 $930
2021 $44,700 $20,900 $65,600 $806
2020 $44,700 $20,900 $65,600 $918
2019 $54,100 $20,900 $75,000 $982
2018 $57,200 $20,900 $78,100 $806
2017 $50,100 $20,900 $71,000 $810
2016 $46,600 $20,900 $67,500 $792
2015 $48,300 $20,900 $69,200 $730
2014 $44,400 $18,900 $63,300 $712
2013 $45,300 $18,900 $64,200 $876
2012 $45,800 $18,900 $64,700 $740
2011 $48,800 $19,200 $68,000 $698
2009 $44,300 $20,200 $64,500 $370
2007 $44,577 $19,092 $63,669 $8

Property facts

Year built
1910
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,200 sqft
Lot size
5,227 sqft
ZIP code
56501
City
Detroit Lakes
Street
State St
Coordinates
46.81910, -95.84015

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$360
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 409 State St last sell?
409 State St most recently sold on Feb 18, 2022 for $60,000.
What is the current tax assessment for 409 State St?
The most recent total assessment for 409 State St (year 2025) is $91,400 with $934 in property tax.
How does 409 State St's assessment compare to its last sale price?
The current assessment is 52.3% above the last sale price of $60,000.
When was 409 State St built?
409 State St was built in 1910.
How does 409 State St compare to others on State St?
We track 8 other properties on State St. Browse the list under "Other properties on State St" to compare beds, baths, and sale history.
What are the property facts for 409 State St?
409 State St is a 3 bed, 2 bath, 1,200 sqft, 5,227 sqft lot single_family.
Is 409 State St a flip candidate?
No — 409 State St does not appear in our flips dataset.
Is 409 State St a tax-appeal candidate?
Yes — 409 State St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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