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19 2nd Ave

Elbow Lake, MN 56531

2 bd 1 ba 1,159 sqft Built 1940 Lot 5,576 sqft single_family
Most recent sale
$62,000
Aug 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 4, 2022 Sold $62,000 MLS #6221436
Jun 24, 2022 Price changed $67,500 MLS #6221436
Jun 16, 2022 Listed $70,000 MLS #6221436
Apr 19, 2022 Sold $45,000 Public Record
Oct 11, 2007 Sold $40,200 MLS #07-2761
Jul 31, 2007 Listed $41,900 MLS #07-2761
Oct 27, 2005 Listed $44,900 MLS #05-2962
Sep 4, 2003 Sold $40,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $28,620 $574
2019 $28,440 $566
2018 $26,100 $544
2017 $24,840 $560
2016 $24,840 $306
2015 $23,220 $340
2014 $24,700 $324
2013 $24,600 $344
2012 $24,600 $352
2011 $38,600 $2,900 $41,500 $300
2010 $38,600 $2,900 $41,500 $284
2009 $40,000 $2,900 $42,900 $332

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,159 sqft
Lot size
5,576 sqft
ZIP code
56531
City
Elbow Lake
Street
2nd Ave
Coordinates
45.99316, -95.97375

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
$372
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 19 2nd Ave last sell?
19 2nd Ave most recently sold on Aug 4, 2022 for $62,000.
What is the current tax assessment for 19 2nd Ave?
The most recent total assessment for 19 2nd Ave (year 2020) is $28,620 with $574 in property tax.
How does 19 2nd Ave's assessment compare to its last sale price?
The current assessment is 53.8% below the last sale price of $62,000.
When was 19 2nd Ave built?
19 2nd Ave was built in 1940.
How does 19 2nd Ave compare to others on 2nd Ave?
We track 8 other properties on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 19 2nd Ave?
19 2nd Ave is a 2 bed, 1 bath, 1,159 sqft, 5,576 sqft lot single_family.
Is 19 2nd Ave a flip candidate?
Yes — 19 2nd Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 19 2nd Ave a tax-appeal candidate?
No — 19 2nd Ave 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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