903 Summit Ave
Detroit Lakes, MN 56501
4 bd 2 ba 2,058 sqft Built 1910 Lot 7,405 sqft single_family
Most recent sale
$193,000
Mar 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 11, 2022 | Sold | $193,000 | MLS #6131123 |
| Feb 2, 2022 | Relisted | $199,000 | MLS #6131123 |
| Jan 4, 2022 | Price changed | $194,000 | MLS #21-6188 |
| Jan 2, 2022 | Listing removed | $199,000 | NorthstarMLS |
| Nov 30, 2021 | Listed | $199,000 | MLS #6131123 |
| Nov 29, 2021 | Listed | $199,000 | MLS #21-6188 |
| Oct 15, 2021 | Sold | $153,000 | MLS #20-34333 |
| Sep 21, 2021 | Price changed | $224,000 | MLS #6019103 |
| Aug 20, 2021 | Price changed | $236,900 | MLS #6019103 |
| Jul 2, 2021 | Listed | $240,000 | MLS #6019103 |
| Aug 25, 2010 | Listing removed | $149,000 | DetroitLakes |
| Jul 7, 2010 | Price changed | $149,000 | MLS #20-2249 |
| Feb 25, 2010 | Listed | $156,400 | MLS #20-2249 |
| Sep 1, 2005 | Sold | $146,000 | Public Record |
| May 31, 2000 | Sold | $39,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $188,300 | $35,600 | $223,900 | $2,172 |
| 2024 | $172,100 | $35,600 | $207,700 | $2,042 |
| 2023 | $170,200 | $32,800 | $203,000 | $2,134 |
| 2022 | $155,000 | $25,800 | $180,800 | $2,190 |
| 2021 | $138,500 | $25,700 | $164,200 | $2,012 |
| 2020 | $138,500 | $25,700 | $164,200 | $2,032 |
| 2019 | $138,600 | $25,700 | $164,300 | $2,016 |
| 2018 | $130,800 | $25,700 | $156,500 | $1,732 |
| 2017 | $123,500 | $25,100 | $148,600 | $1,614 |
| 2016 | $104,400 | $25,100 | $129,500 | $1,574 |
| 2015 | $101,400 | $25,100 | $126,500 | $1,490 |
| 2014 | $91,800 | $25,100 | $116,900 | $2,862 |
| 2013 | $88,400 | $25,100 | $113,500 | $2,932 |
| 2012 | $90,500 | $25,100 | $115,600 | $2,838 |
| 2011 | $96,200 | $25,300 | $121,500 | $2,702 |
| 2009 | $90,400 | $26,400 | $116,800 | $940 |
| 2007 | $87,845 | $26,420 | $114,265 | $8 |
Property facts
Year built
1910
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,058 sqft
Lot size
7,405 sqft
ZIP code
56501
City
Detroit Lakes
Street
Summit Ave
Coordinates
46.81702, -95.84925
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
$1,158
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 903 Summit Ave last sell?
903 Summit Ave most recently sold on Mar 11, 2022 for $193,000.
What is the current tax assessment for 903 Summit Ave?
The most recent total assessment for 903 Summit Ave (year 2025) is $223,900 with $2,172 in property tax.
How does 903 Summit Ave's assessment compare to its last sale price?
The current assessment is 16.0% above the last sale price of $193,000.
When was 903 Summit Ave built?
903 Summit Ave was built in 1910.
How does 903 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 903 Summit Ave?
903 Summit Ave is a 4 bed, 2 bath, 2,058 sqft, 7,405 sqft lot single_family.
Is 903 Summit Ave a flip candidate?
Yes — 903 Summit Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 903 Summit Ave a tax-appeal candidate?
Yes — 903 Summit Ave 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 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 Summit Ave