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410-412 7th Ave

Elbow Lake, MN 56531

2 bd 2 ba 1,512 sqft Built 1944 Lot 4,792 sqft multi_family
Most recent sale
$53,500
Apr 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 8, 2022 Sold $53,500 MLS #6160855
Mar 7, 2022 Listed $57,900 MLS #6160855
Apr 30, 2020 Sold $45,000 MLS #5520921
Apr 21, 2017 Sold $40,000 MLS #10-21015
Oct 4, 2016 Listed $49,500 MLS #10-21015
May 18, 2005 Listing removed $34,500 GreaterAlexandria
Jan 4, 2002 Listed $34,500 MLS #02-44

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $66,900 $7,500 $74,400 $1,494
2025 $57,400 $3,700 $61,100 $1,332
2024 $58,900 $3,700 $62,600 $1,342
2023 $44,500 $2,900 $47,400 $1,222
2022 $42,100 $2,900 $45,000 $1,222
2021 $39,500 $2,900 $42,400 $1,210
2020 $38,700 $2,900 $41,600 $1,204
2019 $29,100 $2,900 $32,000 $1,336
2018 $27,700 $2,900 $30,600 $1,282
2017 $27,500 $2,900 $30,400 $1,318
2016 $27,000 $2,900 $29,900 $1,118
2015 $18,500 $2,900 $21,400 $918
2014 $18,500 $2,600 $21,100 $904
2013 $18,500 $2,600 $21,100 $936
2012 $21,800 $2,600 $24,400 $1,042
2011 $21,800 $2,600 $24,400 $950
2010 $21,800 $2,600 $24,400 $936

Property facts

Year built
1944
Property type
multi_family
Stories
1
Beds
2
Baths
2
Living area
1,512 sqft
Lot size
4,792 sqft
ZIP code
56531
City
Elbow Lake
Street
7th Ave
Coordinates
45.98727, -95.96784

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$321
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 410-412 7th Ave last sell?
410-412 7th Ave most recently sold on Apr 8, 2022 for $53,500.
What is the current tax assessment for 410-412 7th Ave?
The most recent total assessment for 410-412 7th Ave (year 2026) is $74,400 with $1,494 in property tax.
How does 410-412 7th Ave's assessment compare to its last sale price?
The current assessment is 39.1% above the last sale price of $53,500.
When was 410-412 7th Ave built?
410-412 7th Ave was built in 1944.
How does 410-412 7th Ave compare to others on 7th Ave?
We track 8 other properties on 7th Ave. Browse the list under "Other properties on 7th Ave" to compare beds, baths, and sale history.
What are the property facts for 410-412 7th Ave?
410-412 7th Ave is a 2 bed, 2 bath, 1,512 sqft, 4,792 sqft lot multi_family.
Is 410-412 7th Ave a flip candidate?
No — 410-412 7th Ave does not appear in our flips dataset.
Is 410-412 7th Ave a tax-appeal candidate?
Yes — 410-412 7th 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 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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