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25 3rd Ave

Elbow Lake, MN 56531

3 bd 1 ba 1,230 sqft Built 1940 Lot 15,246 sqft single_family
Most recent sale
$107,000
Sep 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 7, 2022 Sold $107,000 MLS #6198238
Jul 20, 2022 Price changed $109,900 MLS #6198238
May 26, 2022 Listed $119,900 MLS #6198238
Apr 15, 2005 Sold $43,900 MLS #05-174
Feb 8, 2005 Listed $49,900 MLS #05-174
Nov 21, 2000 Sold $22,000 MLS #00-1175
Jul 27, 2000 Listed $25,900 MLS #00-1175

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $80,800 $6,000 $86,800 $1,452
2022 $34,100 $2,500 $36,600 $828
2021 $32,100 $2,500 $34,600 $1,010
2020 $32,100 $2,500 $34,600 $1,016
2019 $31,800 $2,500 $34,300 $1,020
2018 $29,700 $2,500 $32,200 $972
2017 $28,300 $2,500 $30,800 $1,036
2016 $29,300 $2,500 $31,800 $730
2015 $18,480 $736
2014 $18,000 $708
2013 $17,900 $792
2012 $19,600 $800
2011 $30,300 $2,300 $32,600 $868
2010 $30,300 $2,300 $32,600 $866
2009 $32,400 $2,300 $34,700 $960

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,230 sqft
Lot size
15,246 sqft
ZIP code
56531
City
Elbow Lake
Street
3rd Ave
Coordinates
45.99099, -95.98440

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
$642
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 25 3rd Ave last sell?
25 3rd Ave most recently sold on Sep 7, 2022 for $107,000.
What is the current tax assessment for 25 3rd Ave?
The most recent total assessment for 25 3rd Ave (year 2026) is $86,800 with $1,452 in property tax.
How does 25 3rd Ave's assessment compare to its last sale price?
The current assessment is 18.9% below the last sale price of $107,000.
When was 25 3rd Ave built?
25 3rd Ave was built in 1940.
How does 25 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 25 3rd Ave?
25 3rd Ave is a 3 bed, 1 bath, 1,230 sqft, 15,246 sqft lot single_family.
Is 25 3rd Ave a flip candidate?
No — 25 3rd Ave does not appear in our flips dataset.
Is 25 3rd Ave a tax-appeal candidate?
No — 25 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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