24 3rd Ave
Elbow Lake, MN 56531
2 bd 1 ba 768 sqft Built 1945 Lot 10,585 sqft single_family
Most recent sale
$35,000
Apr 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 21, 2022 | Sold | $35,000 | MLS #5498848 |
| Feb 26, 2021 | Price changed | $39,500 | MLS #5498848 |
| Feb 25, 2021 | Price changed | $35,900 | MLS #20-29529 |
| Mar 14, 2020 | Listed | $43,900 | MLS #5498848 |
| Mar 13, 2020 | Listed | $43,900 | MLS #20-29529 |
| Jul 8, 2010 | Sold | $25,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $49,200 | $6,600 | $55,800 | $934 |
| 2025 | $43,200 | $3,300 | $46,500 | $846 |
| 2024 | $40,500 | $3,300 | $43,800 | $782 |
| 2023 | $39,700 | $2,700 | $42,400 | $908 |
| 2022 | $34,400 | $2,700 | $37,100 | $838 |
| 2021 | $32,400 | $2,700 | $35,100 | $1,030 |
| 2020 | $32,400 | $2,700 | $35,100 | $1,032 |
| 2019 | $32,000 | $2,700 | $34,700 | $1,046 |
| 2018 | $29,200 | $2,700 | $31,900 | $998 |
| 2017 | $27,800 | $2,700 | $30,500 | $802 |
| 2016 | — | — | $19,200 | $756 |
| 2015 | — | — | $18,240 | $764 |
| 2014 | — | — | $19,500 | $734 |
| 2013 | — | — | $19,500 | $822 |
| 2012 | — | — | $19,500 | $830 |
| 2011 | $30,000 | $2,500 | $32,500 | $900 |
| 2010 | $30,000 | $2,500 | $32,500 | $1,036 |
| 2009 | $32,100 | $2,500 | $34,600 | $1,134 |
Property facts
Year built
1945
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
768 sqft
Lot size
10,585 sqft
ZIP code
56531
City
Elbow Lake
Street
3rd Ave
Coordinates
45.99151, -95.98438
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
$210
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 24 3rd Ave last sell?
24 3rd Ave most recently sold on Apr 21, 2022 for $35,000.
What is the current tax assessment for 24 3rd Ave?
The most recent total assessment for 24 3rd Ave (year 2026) is $55,800 with $934 in property tax.
How does 24 3rd Ave's assessment compare to its last sale price?
The current assessment is 59.4% above the last sale price of $35,000.
When was 24 3rd Ave built?
24 3rd Ave was built in 1945.
How does 24 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 24 3rd Ave?
24 3rd Ave is a 2 bed, 1 bath, 768 sqft, 10,585 sqft lot single_family.
Is 24 3rd Ave a flip candidate?
No — 24 3rd Ave does not appear in our flips dataset.
Is 24 3rd Ave a tax-appeal candidate?
Yes — 24 3rd Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
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 3rd Ave