Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 79M+ records · 26M+ properties All 50 states Methodology

506 Thomas Dr

Eagle Lake, MN 56024

5 bd 3 ba 3,200 sqft Built 2007 Lot 9,583 sqft single_family
Most recent sale
$435,000
Oct 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 7, 2022 Sold $435,000 MLS #6249417
Aug 16, 2022 Listed $439,900 MLS #6249417
Aug 15, 2022 Listed $439,900 MLS #7030685
Jun 30, 2017 Sold $317,000 MLS #7014359
Apr 25, 2017 Listed $319,000 MLS #7014359
Dec 4, 2014 Sold $267,000 Public Record
Nov 21, 2014 Sold $267,000 MLS #7006538
Oct 13, 2014 Price changed $269,900 MLS #7006538
Oct 9, 2014 Price changed $267,000 MLS #7006538
Oct 7, 2014 Listed $269,900 MLS #7006538
Sep 21, 2007 Sold $246,750 MLS #110912
Mar 23, 2007 Listed $258,500 MLS #110912

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $324,500 $3,916
2019 $328,900 $3,840
2018 $324,900 $3,588
2017 $262,800 $44,100 $306,900 $3,182
2016 $227,500 $43,500 $271,000 $3,172
2015 $227,500 $43,500 $271,000 $3,026
2014 $207,400 $43,100 $250,500 $2,810
2013 $181,200 $42,400 $223,600 $2,860
2012 $181,200 $42,400 $223,600 $2,886
2011 $183,300 $42,500 $225,800 $2,464
2009 $196,200 $45,400 $241,600 $2,618

Property facts

Year built
2007
Property type
single_family
Stories
1
Beds
5
Baths
3
Living area
3,200 sqft
Lot size
9,583 sqft
ZIP code
56024
City
Eagle Lake
Street
Thomas Dr
Coordinates
44.15563, -93.88159

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
$4,800
Gross rental yield
13.24%
Implied cap rate
8.61%
Trend-extrapolated value

Frequently asked questions

When did 506 Thomas Dr last sell?
506 Thomas Dr most recently sold on Oct 7, 2022 for $435,000.
What is the current tax assessment for 506 Thomas Dr?
The most recent total assessment for 506 Thomas Dr (year 2020) is $324,500 with $3,916 in property tax.
How does 506 Thomas Dr's assessment compare to its last sale price?
The current assessment is 25.4% below the last sale price of $435,000.
When was 506 Thomas Dr built?
506 Thomas Dr was built in 2007.
How does 506 Thomas Dr compare to others on Thomas Dr?
We track 8 other properties on Thomas Dr. Browse the list under "Other properties on Thomas Dr" to compare beds, baths, and sale history.
What are the property facts for 506 Thomas Dr?
506 Thomas Dr is a 5 bed, 3 bath, 3,200 sqft, 9,583 sqft lot single_family.
Is 506 Thomas Dr a flip candidate?
No — 506 Thomas Dr does not appear in our flips dataset.
Is 506 Thomas Dr a tax-appeal candidate?
No — 506 Thomas 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
+1.1%
Implied 1-yr
+4.4%
2026 Q1
$339.4K
2026 Q2
$342.9K
ZIP 56024 — Median Price History + Forecast

Explore nearby