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411 7th Ave

Elbow Lake, MN 56531

4 bd 2 ba 2,283 sqft Built 1949 Lot 14,375 sqft single_family
Most recent sale
$129,000
Aug 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 2, 2022 Sold $129,000 Public Record
Apr 22, 2022 Listed $149,000 MLS #6183658

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $180,715 $3,114
2025 $147,252 $2,790
2024 $159,941 $2,928
2023 $116,450 $2,588
2022 $109,474 $2,588
2021 $100,972 $2,542
2020 $98,356 $2,514
2019 $69,580 $2,504
2018 $62,822 $2,296
2017 $62,604 $2,378
2016 $56,500 $2,172
2015 $42,100 $1,838
2014 $41,800 $1,772
2013 $41,800 $1,842
2011 $65,600 $5,600 $71,200 $2,040
2010 $65,600 $5,600 $71,200 $1,992

Property facts

Year built
1949
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,283 sqft
Lot size
14,375 sqft
ZIP code
56531
City
Elbow Lake
Street
7th Ave
Coordinates
45.98727, -95.96717

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
$774
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 411 7th Ave last sell?
411 7th Ave most recently sold on Aug 2, 2022 for $129,000.
What is the current tax assessment for 411 7th Ave?
The most recent total assessment for 411 7th Ave (year 2026) is $180,715 with $3,114 in property tax.
How does 411 7th Ave's assessment compare to its last sale price?
The current assessment is 40.1% above the last sale price of $129,000.
When was 411 7th Ave built?
411 7th Ave was built in 1949.
How does 411 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 411 7th Ave?
411 7th Ave is a 4 bed, 2 bath, 2,283 sqft, 14,375 sqft lot single_family.
Is 411 7th Ave a flip candidate?
No — 411 7th Ave does not appear in our flips dataset.
Is 411 7th Ave a tax-appeal candidate?
Yes — 411 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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