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404 12th Ave

Elbow Lake, MN 56531

2 bd 1 ba 656 sqft Built 1950 Lot 188,745 sqft single_family
Most recent sale
$95,500
Jul 14, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 27, 2026 Listed $159,800 NorthstarMLS
May 28, 2024 Sold $154,650 NorthstarMLS
Apr 17, 2024 Listed $162,400 NorthstarMLS
Apr 9, 2024 Listing removed NorthstarMLS
Feb 27, 2024 Price changed $162,400 NorthstarMLS
Feb 2, 2024 Price changed $167,400 NorthstarMLS
Dec 13, 2023 Listed $169,900 NorthstarMLS
Jul 14, 2023 Sold $95,500 NorthstarMLS
Jun 13, 2023 Listed $95,900 NorthstarMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $28,800 $18,000 $46,800 $760
2023 $24,700 $13,900 $38,600 $870
2022 $24,200 $13,900 $38,100 $906
2021 $18,600 $13,900 $32,500 $802
2020 $19,100 $13,900 $33,000 $824
2019 $17,000 $13,900 $30,900 $924
2018 $17,000 $13,900 $30,900 $912
2017 $17,800 $13,900 $31,700 $970
2016 $15,600 $13,900 $29,500 $888
2015 $3,000 $26,100 $29,100 $784
2014 $3,000 $24,800 $27,800 $742
2013 $3,000 $24,800 $27,800 $784
2012 $3,000 $26,100 $29,100 $784
2011 $14,300 $12,600 $26,900 $732

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
656 sqft
Lot size
188,745 sqft
ZIP code
56531
City
Elbow Lake
Street
12th Ave
Coordinates
45.98630, -95.96173

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$984
Gross rental yield
12.36%
Implied cap rate
8.04%
Trend-extrapolated value

Frequently asked questions

When did 404 12th Ave last sell?
404 12th Ave most recently sold on Jul 14, 2023 for $95,500.
What is the current tax assessment for 404 12th Ave?
The most recent total assessment for 404 12th Ave (year 2024) is $46,800 with $760 in property tax.
How does 404 12th Ave's assessment compare to its last sale price?
The current assessment is 51.0% below the last sale price of $95,500.
When was 404 12th Ave built?
404 12th Ave was built in 1950.
How does 404 12th Ave compare to others on 12th Ave?
We track 1 other property on 12th Ave. Browse the list under "Other properties on 12th Ave" to compare beds, baths, and sale history.
What are the property facts for 404 12th Ave?
404 12th Ave is a 2 bed, 1 bath, 656 sqft, 188,745 sqft lot single_family.
Is 404 12th Ave a flip candidate?
Yes — 404 12th Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 404 12th Ave a tax-appeal candidate?
No — 404 12th 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
-4.3%
Implied 1-yr
-17.4%
2026 Q1
$108.6K
2026 Q2
$102K
ZIP 56531 — Median Price History + Forecast

Explore nearby

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