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1107 1st St

Elbow Lake, MN 56531

4 bd 2 ba 1,976 sqft Built 1996 Lot 13,068 sqft single_family
Most recent sale
$180,000
Mar 29, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 29, 2024 Sold $180,000 NorthstarMLS
Feb 22, 2024 Price changed $199,900 NorthstarMLS
Dec 5, 2023 Price changed $204,900 NorthstarMLS
Oct 5, 2023 Price changed $209,900 NorthstarMLS
Sep 13, 2023 Listed $214,900 NorthstarMLS
Aug 3, 2021 Sold $162,500 Public Record
Apr 20, 2009 Sold $102,400 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $209,800 $8,000 $217,800 $3,888
2023 $184,800 $5,500 $190,300 $4,072
2022 $173,800 $5,500 $179,300 $4,054
2021 $152,300 $5,500 $157,800 $3,766
2020 $150,300 $5,500 $155,800 $3,770
2019 $135,400 $5,500 $140,900 $3,654
2018 $125,200 $5,500 $130,700 $3,338
2017 $121,700 $5,500 $127,200 $3,406
2016 $120,600 $5,500 $126,100 $3,274
2015 $117,000 $5,500 $122,500 $3,302
2014 $117,000 $5,000 $122,000 $3,252
2013 $120,800 $5,000 $125,800 $3,548
2012 $120,800 $6,000 $126,800 $3,638
2011 $120,800 $6,000 $126,800 $3,162

Property facts

Year built
1996
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,976 sqft
Lot size
13,068 sqft
ZIP code
56531
City
Elbow Lake
Street
1st St
Coordinates
45.99328, -95.96281

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,080
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1107 1st St last sell?
1107 1st St most recently sold on Mar 29, 2024 for $180,000.
What is the current tax assessment for 1107 1st St?
The most recent total assessment for 1107 1st St (year 2024) is $217,800 with $3,888 in property tax.
How does 1107 1st St's assessment compare to its last sale price?
The current assessment is 21.0% above the last sale price of $180,000.
When was 1107 1st St built?
1107 1st St was built in 1996.
How does 1107 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 1107 1st St?
1107 1st St is a 4 bed, 2 bath, 1,976 sqft, 13,068 sqft lot single_family.
Is 1107 1st St a flip candidate?
No — 1107 1st St does not appear in our flips dataset.
Is 1107 1st St a tax-appeal candidate?
Yes — 1107 1st St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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

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