514 Union St
Detroit Lakes, MN 56501
2 bd 1 ba 828 sqft Built 1935 Lot 14,810 sqft single_family
Most recent sale
$97,500
Feb 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 28, 2022 | Sold | $97,500 | MLS #20-34911 |
| Sep 1, 2021 | Listed | $139,000 | MLS #20-34911 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $80,100 | $22,000 | $102,100 | $1,034 |
| 2024 | $73,400 | $22,000 | $95,400 | $982 |
| 2023 | $69,700 | $22,000 | $91,700 | $1,008 |
| 2022 | $50,700 | $20,600 | $71,300 | $874 |
| 2021 | $46,400 | $20,600 | $67,000 | $822 |
| 2020 | $46,400 | $20,600 | $67,000 | $826 |
| 2019 | $46,400 | $20,600 | $67,000 | $882 |
| 2018 | $48,900 | $20,600 | $69,500 | $802 |
| 2017 | $50,000 | $20,600 | $70,600 | $776 |
| 2016 | $43,800 | $20,600 | $64,400 | $678 |
| 2015 | $37,700 | $20,600 | $58,300 | $622 |
| 2014 | $34,700 | $18,600 | $53,300 | $602 |
| 2013 | $35,400 | $18,600 | $54,000 | $402 |
| 2012 | — | — | $32,600 | $410 |
| 2011 | — | — | $34,400 | $360 |
| 2009 | $39,000 | $26,900 | $65,900 | $636 |
| 2007 | $38,247 | $23,700 | $61,947 | $526 |
Property facts
Year built
1935
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
828 sqft
Lot size
14,810 sqft
ZIP code
56501
City
Detroit Lakes
Street
Union St
Coordinates
46.82260, -95.83842
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$585
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 514 Union St last sell?
514 Union St most recently sold on Feb 28, 2022 for $97,500.
What is the current tax assessment for 514 Union St?
The most recent total assessment for 514 Union St (year 2025) is $102,100 with $1,034 in property tax.
How does 514 Union St's assessment compare to its last sale price?
The current assessment is 4.7% above the last sale price of $97,500.
When was 514 Union St built?
514 Union St was built in 1935.
How does 514 Union St compare to others on Union St?
We track 8 other properties on Union St. Browse the list under "Other properties on Union St" to compare beds, baths, and sale history.
What are the property facts for 514 Union St?
514 Union St is a 2 bed, 1 bath, 828 sqft, 14,810 sqft lot single_family.
Is 514 Union St a flip candidate?
No — 514 Union St does not appear in our flips dataset.
Is 514 Union St a tax-appeal candidate?
No — 514 Union St 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 Union St