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207 Summit Ave

Effie, MN 56639

2 bd 1 ba 930 sqft Built 1944 Lot 17,424 sqft single_family
Most recent sale
$68,500
Apr 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2022 Sold $68,500 MLS #6147404
Feb 10, 2022 Price changed $74,900 MLS #6147404
Feb 2, 2022 Listed $79,900 MLS #6147404

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $66,400 $22,000 $88,400 $1,236
2025 $62,400 $22,000 $84,400 $1,202
2023 $40,418 $14,120 $54,538 $510
2022 $17,280 $9,780 $27,060 $248
2021 $17,280 $9,780 $27,060 $268
2020 $17,280 $9,780 $27,060 $268
2019 $17,280 $8,880 $26,160 $252
2018 $15,660 $9,000 $24,660 $236
2017 $17,400 $9,000 $26,400 $230
2016 $17,400 $9,000 $26,400 $230
2015 $17,400 $9,000 $26,400 $228
2014 $17,400 $9,000 $26,400 $230
2013 $21,600 $9,200 $30,800 $228
2012 $21,600 $9,200 $30,800 $220
2011 $38,600 $15,600 $54,200 $252
2010 $38,600 $17,300 $55,900 $128
2009 $20,500 $13,300 $33,800 $124

Property facts

Year built
1944
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
930 sqft
Lot size
17,424 sqft
ZIP code
56639
City
Effie
Street
Summit Ave
Coordinates
47.84135, -93.63838

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$411
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 207 Summit Ave last sell?
207 Summit Ave most recently sold on Apr 15, 2022 for $68,500.
What is the current tax assessment for 207 Summit Ave?
The most recent total assessment for 207 Summit Ave (year 2026) is $88,400 with $1,236 in property tax.
How does 207 Summit Ave's assessment compare to its last sale price?
The current assessment is 29.1% above the last sale price of $68,500.
When was 207 Summit Ave built?
207 Summit Ave was built in 1944.
How does 207 Summit Ave compare to others on Summit Ave?
We track 1 other property 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 207 Summit Ave?
207 Summit Ave is a 2 bed, 1 bath, 930 sqft, 17,424 sqft lot single_family.
Is 207 Summit Ave a flip candidate?
No — 207 Summit Ave does not appear in our flips dataset.
Is 207 Summit Ave a tax-appeal candidate?
No — 207 Summit Ave 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
-3.4%
Implied 1-yr
-13.8%
2025 Q4
$300K
2026 Q1
$300K
ZIP 56639 — Median Price History + Forecast

Explore nearby

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