1031 Village Ln
Detroit Lakes, MN 56501
2 bd 2 ba 1,472 sqft Built 2023 single_family
Most recent sale
$49,500
Apr 28, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 2, 2024 | Sold | $295,000 | Public Record |
| Apr 22, 2024 | Price changed | $379,900 | NorthstarMLS |
| Feb 2, 2024 | Listed | $369,900 | NorthstarMLS |
| Apr 28, 2023 | Sold | $49,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $218,200 | $29,800 | $248,000 | $3,562 |
| 2022 | — | $12,300 | $12,300 | $200 |
Property facts
Year built
2023
Property type
single_family
Stories
—
Beds
2
Baths
2
Living area
1,472 sqft
Lot size
—
ZIP code
56501
City
Detroit Lakes
Street
Village Ln
Coordinates
46.81565, -95.88306
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
$297
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1031 Village Ln last sell?
1031 Village Ln most recently sold on Apr 28, 2023 for $49,500.
What is the current tax assessment for 1031 Village Ln?
The most recent total assessment for 1031 Village Ln (year 2025) is $248,000 with $3,562 in property tax.
How does 1031 Village Ln's assessment compare to its last sale price?
The current assessment is 401.0% above the last sale price of $49,500.
When was 1031 Village Ln built?
1031 Village Ln was built in 2023.
How does 1031 Village Ln compare to others on Village Ln?
We track 8 other properties on Village Ln. Browse the list under "Other properties on Village Ln" to compare beds, baths, and sale history.
What are the property facts for 1031 Village Ln?
1031 Village Ln is a 2 bed, 2 bath, 1,472 sqft single_family.
Is 1031 Village Ln a flip candidate?
Yes — 1031 Village Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1031 Village Ln a tax-appeal candidate?
No — 1031 Village Ln 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
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