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414 1st St

Elbow Lake, MN 56531

4 bd 3 ba 2,886 sqft Built 1914 Lot 12,632 sqft single_family
Most recent sale
$220,000
Jan 17, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 17, 2024 Sold $220,000 NorthstarMLS
Oct 17, 2023 Price changed $239,900 NorthstarMLS
Jul 21, 2023 Listed $249,900 NorthstarMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $164,846 $4,058
2021 $153,401 $4,524
2020 $150,567 $4,508
2019 $135,961 $4,426
2018 $125,497 $4,102
2017 $124,625 $4,242
2016 $119,938 $3,780
2015 $108,100 $3,590
2014 $115,300 $3,708
2013 $115,300 $3,890
2011 $133,200 $8,000 $141,200 $3,912

Property facts

Year built
1914
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,886 sqft
Lot size
12,632 sqft
ZIP code
56531
City
Elbow Lake
Street
1st St
Coordinates
45.99139, -95.97059

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,320
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 414 1st St last sell?
414 1st St most recently sold on Jan 17, 2024 for $220,000.
What is the current tax assessment for 414 1st St?
The most recent total assessment for 414 1st St (year 2022) is $164,846 with $4,058 in property tax.
How does 414 1st St's assessment compare to its last sale price?
The current assessment is 25.1% below the last sale price of $220,000.
When was 414 1st St built?
414 1st St was built in 1914.
How does 414 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 414 1st St?
414 1st St is a 4 bed, 3 bath, 2,886 sqft, 12,632 sqft lot single_family.
Is 414 1st St a flip candidate?
No — 414 1st St does not appear in our flips dataset.
Is 414 1st St a tax-appeal candidate?
No — 414 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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