118 4th Ave
Elbow Lake, MN 56531
3 bd 3 ba 1,881 sqft Built 1900 Lot 14,810 sqft single_family
Most recent sale
$172,000
Mar 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 21, 2026 | Price changed | $124,900 | NorthstarMLS |
| Apr 10, 2026 | Price changed | $129,900 | NorthstarMLS |
| Mar 23, 2026 | Price changed | $133,000 | NorthstarMLS |
| Feb 24, 2026 | Price changed | $139,900 | NorthstarMLS |
| Jan 23, 2026 | Price changed | $144,900 | NorthstarMLS |
| Dec 23, 2025 | Price changed | $152,000 | NorthstarMLS |
| Nov 20, 2025 | Price changed | $158,000 | NorthstarMLS |
| Oct 20, 2025 | Price changed | $164,900 | NorthstarMLS |
| Sep 20, 2025 | Listed | $169,900 | NorthstarMLS |
| Jul 16, 2024 | Price changed | $179,500 | NorthstarMLS |
| Jun 23, 2024 | Listed | $184,500 | NorthstarMLS |
| Mar 10, 2022 | Sold | $172,000 | MLS #6140364 |
| Jan 12, 2022 | Listed | $169,000 | MLS #6140364 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $113,600 | $17,900 | $131,500 | $2,200 |
| 2025 | $100,500 | $9,000 | $109,500 | $1,990 |
| 2024 | $103,100 | $9,000 | $112,100 | $2,000 |
| 2023 | $73,800 | $6,200 | $80,000 | $1,712 |
| 2022 | $37,100 | $6,200 | $43,300 | $980 |
| 2021 | $34,900 | $6,200 | $41,100 | $980 |
| 2020 | $35,000 | $6,200 | $41,200 | $996 |
| 2019 | — | — | $22,320 | $682 |
| 2018 | — | — | $33,720 | $1,730 |
| 2017 | — | — | $33,960 | $1,786 |
| 2016 | — | — | $30,360 | $1,652 |
| 2015 | — | — | $29,600 | $1,664 |
| 2014 | — | — | $29,300 | $1,614 |
| 2013 | — | — | $29,300 | $1,662 |
| 2011 | $48,800 | $6,700 | $55,500 | $1,918 |
| 2010 | $48,800 | $6,700 | $55,500 | $1,880 |
Property facts
Year built
1900
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,881 sqft
Lot size
14,810 sqft
ZIP code
56531
City
Elbow Lake
Street
4th Ave
Coordinates
45.99017, -95.97189
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
$1,032
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 118 4th Ave last sell?
118 4th Ave most recently sold on Mar 10, 2022 for $172,000.
What is the current tax assessment for 118 4th Ave?
The most recent total assessment for 118 4th Ave (year 2026) is $131,500 with $2,200 in property tax.
How does 118 4th Ave's assessment compare to its last sale price?
The current assessment is 23.5% below the last sale price of $172,000.
When was 118 4th Ave built?
118 4th Ave was built in 1900.
How does 118 4th Ave compare to others on 4th Ave?
We track 7 other properties on 4th Ave. Browse the list under "Other properties on 4th Ave" to compare beds, baths, and sale history.
What are the property facts for 118 4th Ave?
118 4th Ave is a 3 bed, 3 bath, 1,881 sqft, 14,810 sqft lot single_family.
Is 118 4th Ave a flip candidate?
No — 118 4th Ave does not appear in our flips dataset.
Is 118 4th Ave a tax-appeal candidate?
No — 118 4th Ave is not currently flagged as a tax-appeal candidate.
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 4th Ave