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1111 1st St

Elbow Lake, MN 56531

3 bd 2 ba 3,376 sqft Built 1977 Lot 21,780 sqft single_family
Most recent sale
$225,000
Nov 22, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 22, 2023 Sold $225,000 NorthstarMLS
Sep 16, 2023 Listed $239,000 NorthstarMLS
Oct 26, 2020 Sold $174,000 LakeRegionMN
May 25, 2010 Sold $140,000 Public Record
Aug 26, 2003 Sold $118,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $139,776 $3,566
2021 $145,400 $8,800 $154,200 $3,984
2020 $122,990 $3,870
2019 $108,929 $3,752
2018 $100,645 $3,492
2017 $100,427 $3,622
2016 $95,740 $3,114
2015 $92,300 $3,124
2014 $98,600 $3,220
2013 $98,600 $3,378
2011 $116,600 $9,600 $126,200 $3,378

Property facts

Year built
1977
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
3,376 sqft
Lot size
21,780 sqft
ZIP code
56531
City
Elbow Lake
Street
1st St
Coordinates
45.99082, -95.96195

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1111 1st St last sell?
1111 1st St most recently sold on Nov 22, 2023 for $225,000.
What is the current tax assessment for 1111 1st St?
The most recent total assessment for 1111 1st St (year 2022) is $139,776 with $3,566 in property tax.
How does 1111 1st St's assessment compare to its last sale price?
The current assessment is 37.9% below the last sale price of $225,000.
When was 1111 1st St built?
1111 1st St was built in 1977.
How does 1111 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 1111 1st St?
1111 1st St is a 3 bed, 2 bath, 3,376 sqft, 21,780 sqft lot single_family.
Is 1111 1st St a flip candidate?
No — 1111 1st St does not appear in our flips dataset.
Is 1111 1st St a tax-appeal candidate?
No — 1111 1st St 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

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