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618 3rd St

Elbow Lake, MN 56531

4 bd 2 ba 2,001 sqft Built 1967 Lot 6,534 sqft single_family
Most recent sale
$165,000
Dec 22, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 22, 2021 Sold $165,000 MLS #6116646
Oct 19, 2021 Listed $155,000 MLS #6116646
Dec 1, 2015 Sold $127,500 MLS #10-16860
Nov 25, 2015 Relisted $125,000 MLS #20-14938
Nov 1, 2015 Listing removed $125,000 LakeRegionMN
Jul 17, 2015 Price changed $125,000 MLS #20-14938
Apr 20, 2015 Listed $135,000 MLS #10-16860

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $203,354 $3,446
2025 $177,300 $8,000 $185,300 $3,368
2024 $167,244 $3,056
2023 $114,597 $2,548
2022 $128,900 $6,200 $135,100 $3,054
2021 $102,607 $2,580
2020 $102,607 $2,526
2019 $98,901 $2,012
2018 $71,869 $1,772
2017 $63,803 $1,750
2016 $59,552 $1,536
2015 $53,121 $1,686
2014 $56,500 $1,602
2013 $55,800 $1,694
2012 $55,800 $1,718
2011 $79,800 $5,600 $85,400 $2,324
2010 $79,800 $5,600 $85,400 $2,280
2009 $82,700 $5,600 $88,300 $2,534

Property facts

Year built
1967
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,001 sqft
Lot size
6,534 sqft
ZIP code
56531
City
Elbow Lake
Street
3rd St
Coordinates
45.98880, -95.96796

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
$990
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 618 3rd St last sell?
618 3rd St most recently sold on Dec 22, 2021 for $165,000.
What is the current tax assessment for 618 3rd St?
The most recent total assessment for 618 3rd St (year 2026) is $203,354 with $3,446 in property tax.
How does 618 3rd St's assessment compare to its last sale price?
The current assessment is 23.2% above the last sale price of $165,000.
When was 618 3rd St built?
618 3rd St was built in 1967.
How does 618 3rd St compare to others on 3rd St?
We track 8 other properties on 3rd St. Browse the list under "Other properties on 3rd St" to compare beds, baths, and sale history.
What are the property facts for 618 3rd St?
618 3rd St is a 4 bed, 2 bath, 2,001 sqft, 6,534 sqft lot single_family.
Is 618 3rd St a flip candidate?
No — 618 3rd St does not appear in our flips dataset.
Is 618 3rd St a tax-appeal candidate?
Yes — 618 3rd St 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 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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