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1239 Summit Ave

Detroit Lakes, MN 56501

2 bd 2 ba 1,326 sqft Built 1953 Lot 7,130 sqft single_family
Most recent sale
$217,900
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 23, 2024 Sold $278,500 Public Record
Nov 5, 2023 Listed $289,000 Fargo
Nov 3, 2023 Listed $289,000 NorthstarMLS
Aug 21, 2023 Listed $289,000 NorthstarMLS
Jul 1, 2022 Sold $217,900 MLS #6210643
Jun 10, 2022 Listed $219,900 MLS #6210643
May 13, 2022 Listed $219,900 MLS #20-35890
Nov 6, 2001 Sold $52,800 Public Record
May 2, 2000 Sold $69,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $111,900 $1,368
2019 $83,900 $1,090
2018 $112,400 $1,272
2017 $92,400 $1,128
2016 $87,000 $1,020
2015 $71,700 $866
2014 $68,600 $790
2012 $66,300 $758
2011 $70,500 $26,000 $96,500 $640
2009 $78,600 $31,700 $110,300 $734
2007 $76,086 $27,834 $103,920 $8

Property facts

Year built
1953
Property type
single_family
Stories
Beds
2
Baths
2
Living area
1,326 sqft
Lot size
7,130 sqft
ZIP code
56501
City
Detroit Lakes
Street
Summit Ave
Coordinates
46.80984, -95.84976

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
$1,989
Gross rental yield
10.95%
Implied cap rate
7.12%
Trend-extrapolated value

Frequently asked questions

When did 1239 Summit Ave last sell?
1239 Summit Ave most recently sold on Jul 1, 2022 for $217,900.
What is the current tax assessment for 1239 Summit Ave?
The most recent total assessment for 1239 Summit Ave (year 2020) is $111,900 with $1,368 in property tax.
How does 1239 Summit Ave's assessment compare to its last sale price?
The current assessment is 48.6% below the last sale price of $217,900.
When was 1239 Summit Ave built?
1239 Summit Ave was built in 1953.
How does 1239 Summit Ave compare to others on Summit Ave?
We track 8 other properties on Summit Ave. Browse the list under "Other properties on Summit Ave" to compare beds, baths, and sale history.
What are the property facts for 1239 Summit Ave?
1239 Summit Ave is a 2 bed, 2 bath, 1,326 sqft, 7,130 sqft lot single_family.
Is 1239 Summit Ave a flip candidate?
Yes — 1239 Summit Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1239 Summit Ave a tax-appeal candidate?
No — 1239 Summit 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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