510 1st St
Elbow Lake, MN 56531
4 bd 3 ba 1,751 sqft Built 1918 Lot 9,148 sqft single_family
Most recent sale
$149,000
Nov 8, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 8, 2023 | Sold | $149,000 | NorthstarMLS |
| Sep 6, 2023 | Price changed | $155,000 | NorthstarMLS |
| Aug 18, 2023 | Price changed | $160,000 | NorthstarMLS |
| Aug 3, 2023 | Price changed | $165,000 | NorthstarMLS |
| Jun 26, 2023 | Listed | $168,000 | NorthstarMLS |
| Jul 27, 2021 | Listing removed | $89,000 | GreaterLakes |
| Jul 24, 2021 | Listing removed | $59,900 | NorthstarMLS |
| Feb 19, 2021 | Sold | $127,000 | NorthstarMLS |
| Nov 25, 2020 | Price changed | $127,000 | NorthstarMLS |
| Oct 2, 2020 | Price changed | $132,000 | NorthstarMLS |
| Sep 17, 2020 | Price changed | $134,900 | NorthstarMLS |
| Aug 22, 2020 | Listed | $139,900 | NorthstarMLS |
| Jun 7, 2018 | Sold | $87,036 | Public Record |
| Jul 21, 2013 | Listing removed | $59,900 | LakeRegionMN |
| Jan 21, 2013 | Relisted | $59,900 | LakeRegionMN |
| Dec 29, 2012 | Listing removed | $59,900 | LakeRegionMN |
| Mar 28, 2012 | Listed | $59,900 | LakeRegionMN |
| May 25, 2011 | Listing removed | $89,000 | GreaterAlexandria |
| Aug 25, 2010 | Listing removed | $89,000 | LakeRegionMN |
| Aug 22, 2010 | Listing removed | $89,000 | GreaterAlexandria |
| Sep 12, 2009 | Listing removed | $89,000 | NorthstarMLS |
| Sep 11, 2009 | Listed | $89,000 | GreaterAlexandria |
| Sep 9, 2009 | Listed | $89,000 | GreaterAlexandria |
| Nov 21, 2007 | Sold | $74,900 | GreaterAlexandria |
| Oct 29, 2007 | Listed | $74,900 | GreaterAlexandria |
| Aug 30, 1998 | Listing removed | $59,500 | LakeRegionMN |
| May 30, 1998 | Listed | $59,500 | LakeRegionMN |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $54,538 | $1,514 |
| 2021 | $61,900 | $3,700 | $65,600 | $1,714 |
| 2020 | $60,100 | $3,700 | $63,800 | $1,694 |
| 2019 | $56,800 | $3,700 | $60,500 | $1,718 |
| 2018 | $53,700 | $3,700 | $57,400 | $1,616 |
| 2017 | $53,900 | $3,700 | $57,600 | $1,692 |
| 2016 | $52,200 | $3,700 | $55,900 | $1,452 |
| 2015 | $51,100 | $3,700 | $54,800 | $1,476 |
| 2014 | $51,100 | $3,300 | $54,400 | $1,500 |
| 2013 | — | — | $32,600 | $1,008 |
| 2011 | $55,600 | $4,000 | $59,600 | $1,340 |
Property facts
Year built
1918
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
1,751 sqft
Lot size
9,148 sqft
ZIP code
56531
City
Elbow Lake
Street
1st St
Coordinates
45.99145, -95.96994
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$894
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 510 1st St last sell?
510 1st St most recently sold on Nov 8, 2023 for $149,000.
What is the current tax assessment for 510 1st St?
The most recent total assessment for 510 1st St (year 2022) is $54,538 with $1,514 in property tax.
How does 510 1st St's assessment compare to its last sale price?
The current assessment is 63.4% below the last sale price of $149,000.
When was 510 1st St built?
510 1st St was built in 1918.
How does 510 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 510 1st St?
510 1st St is a 4 bed, 3 bath, 1,751 sqft, 9,148 sqft lot single_family.
Is 510 1st St a flip candidate?
No — 510 1st St does not appear in our flips dataset.
Is 510 1st St a tax-appeal candidate?
No — 510 1st St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-4.3%
Implied 1-yr
-17.4%
2026 Q1
$108.6K
2026 Q2
$102K
ZIP 56531 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 1st St