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1025 Timber Dr

Detroit Lakes, MN 56501

4 bd 3 ba 3,096 sqft Built 2002 Lot 31,363 sqft single_family
Most recent sale
$422,500
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $422,500 MLS #6234215
Jul 13, 2022 Listed $435,000 MLS #6234215
Nov 27, 2019 Sold $349,900 MLS #20-25445
Sep 3, 2019 Price changed $349,900 MLS #20-25445
Jun 3, 2019 Price changed $359,000 MLS #20-25445
Feb 1, 2019 Listed $365,000 MLS #20-25445

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $389,200 $40,700 $429,900 $4,142
2020 $347,700 $3,820
2019 $331,700 $3,694
2018 $308,100 $3,252
2017 $304,700 $2,654
2016 $232,600 $2,770
2015 $254,700 $2,566
2014 $231,000 $2,438
2013 $223,200 $2,480
2012 $224,700 $2,512
2011 $232,300 $2,112
2009 $187,300 $48,000 $235,300 $2,078
2007 $187,553 $47,954 $235,507 $8

Property facts

Year built
2002
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
3,096 sqft
Lot size
31,363 sqft
ZIP code
56501
City
Detroit Lakes
Street
Timber Dr
Coordinates
46.76877, -95.81375

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,644
Gross rental yield
13.19%
Implied cap rate
8.57%
Trend-extrapolated value

Frequently asked questions

When did 1025 Timber Dr last sell?
1025 Timber Dr most recently sold on Sep 30, 2022 for $422,500.
What is the current tax assessment for 1025 Timber Dr?
The most recent total assessment for 1025 Timber Dr (year 2024) is $429,900 with $4,142 in property tax.
How does 1025 Timber Dr's assessment compare to its last sale price?
The current assessment is 1.8% above the last sale price of $422,500.
When was 1025 Timber Dr built?
1025 Timber Dr was built in 2002.
How does 1025 Timber Dr compare to others on Timber Dr?
We track 7 other properties on Timber Dr. Browse the list under "Other properties on Timber Dr" to compare beds, baths, and sale history.
What are the property facts for 1025 Timber Dr?
1025 Timber Dr is a 4 bed, 3 bath, 3,096 sqft, 31,363 sqft lot single_family.
Is 1025 Timber Dr a flip candidate?
No — 1025 Timber Dr does not appear in our flips dataset.
Is 1025 Timber Dr a tax-appeal candidate?
No — 1025 Timber Dr 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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