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818 1st St

Elbow Lake, MN 56531

3 bd 2 ba 2,416 sqft Built 1958 Lot 12,197 sqft single_family
Most recent sale
$159,000
Sep 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 15, 2022 Sold $159,000 MLS #6238352
Jul 22, 2022 Listed $159,000 MLS #6238352

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $69,144 $1,724
2019 $51,813 $1,664
2018 $44,880 $1,568
2017 $42,540 $1,626
2016 $42,360 $1,264
2015 $42,000 $1,280
2014 $40,900 $1,304
2013 $43,700 $1,378
2012 $43,700 $1,408
2011 $68,600 $4,500 $73,100 $1,636
2010 $68,600 $4,500 $73,100 $1,586
2009 $71,100 $4,500 $75,600 $1,802

Property facts

Year built
1958
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,416 sqft
Lot size
12,197 sqft
ZIP code
56531
City
Elbow Lake
Street
1st St
Coordinates
45.99149, -95.96511

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$954
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 818 1st St last sell?
818 1st St most recently sold on Sep 15, 2022 for $159,000.
What is the current tax assessment for 818 1st St?
The most recent total assessment for 818 1st St (year 2020) is $69,144 with $1,724 in property tax.
How does 818 1st St's assessment compare to its last sale price?
The current assessment is 56.5% below the last sale price of $159,000.
When was 818 1st St built?
818 1st St was built in 1958.
How does 818 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 818 1st St?
818 1st St is a 3 bed, 2 bath, 2,416 sqft, 12,197 sqft lot single_family.
Is 818 1st St a flip candidate?
No — 818 1st St does not appear in our flips dataset.
Is 818 1st St a tax-appeal candidate?
No — 818 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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