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114 3rd Ave

Elbow Lake, MN 56531

3 bd 2 ba 1,788 sqft Built 1900 Lot 7,841 sqft single_family
Most recent sale
$156,000
Nov 15, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 15, 2023 Sold $156,000 NorthstarMLS
Sep 24, 2023 Listed $157,000 NorthstarMLS
Sep 21, 2018 Sold $91,250 GreaterAlexandria
Jul 9, 2018 Listed $88,900 LakeRegionMN
Jul 9, 2018 Listing removed $88,900 Fargo

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $51,268 $1,292
2021 $46,581 $1,268
2020 $44,580 $1,232
2019 $38,520 $1,132
2018 $35,940 $1,060
2017 $36,120 $1,120
2016 $34,560 $1,046
2015 $33,800 $1,062
2014 $36,500 $1,094
2013 $36,500 $1,156
2011 $57,900 $3,600 $61,500 $1,314

Property facts

Year built
1900
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,788 sqft
Lot size
7,841 sqft
ZIP code
56531
City
Elbow Lake
Street
3rd Ave
Coordinates
45.99060, -95.97323

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
$936
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 114 3rd Ave last sell?
114 3rd Ave most recently sold on Nov 15, 2023 for $156,000.
What is the current tax assessment for 114 3rd Ave?
The most recent total assessment for 114 3rd Ave (year 2022) is $51,268 with $1,292 in property tax.
How does 114 3rd Ave's assessment compare to its last sale price?
The current assessment is 67.1% below the last sale price of $156,000.
When was 114 3rd Ave built?
114 3rd Ave was built in 1900.
How does 114 3rd Ave compare to others on 3rd Ave?
We track 8 other properties on 3rd Ave. Browse the list under "Other properties on 3rd Ave" to compare beds, baths, and sale history.
What are the property facts for 114 3rd Ave?
114 3rd Ave is a 3 bed, 2 bath, 1,788 sqft, 7,841 sqft lot single_family.
Is 114 3rd Ave a flip candidate?
No — 114 3rd Ave does not appear in our flips dataset.
Is 114 3rd Ave a tax-appeal candidate?
No — 114 3rd 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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