124 8th Ave
Elbow Lake, MN 56531
2 bd 2 ba 1,242 sqft Built 1955 Lot 43,560 sqft single_family
Most recent sale
$179,000
Jul 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 8, 2022 | Sold | $179,000 | MLS #6198607 |
| May 19, 2022 | Listed | $165,000 | MLS #6198607 |
| Oct 28, 2019 | Sold | $110,000 | MLS #20-27972 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $70,997 | $2,264 |
| 2019 | — | — | $70,888 | $2,132 |
| 2018 | — | — | $60,751 | $1,974 |
| 2017 | — | — | $55,846 | $2,090 |
| 2016 | — | — | $57,154 | $1,602 |
| 2015 | — | — | $55,737 | $1,620 |
| 2014 | — | — | $54,000 | $1,524 |
| 2013 | — | — | $52,800 | $1,454 |
| 2012 | — | — | $47,200 | $1,602 |
| 2011 | $69,800 | $11,800 | $81,600 | $1,736 |
| 2010 | $69,800 | $11,800 | $81,600 | $1,678 |
| 2009 | $71,900 | $11,800 | $83,700 | $1,898 |
Property facts
Year built
1955
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,242 sqft
Lot size
43,560 sqft
ZIP code
56531
City
Elbow Lake
Street
8th Ave
Coordinates
45.99562, -95.96658
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,863
Gross rental yield
12.49%
Implied cap rate
8.12%
Trend-extrapolated value
—
Frequently asked questions
When did 124 8th Ave last sell?
124 8th Ave most recently sold on Jul 8, 2022 for $179,000.
What is the current tax assessment for 124 8th Ave?
The most recent total assessment for 124 8th Ave (year 2020) is $70,997 with $2,264 in property tax.
How does 124 8th Ave's assessment compare to its last sale price?
The current assessment is 60.3% below the last sale price of $179,000.
When was 124 8th Ave built?
124 8th Ave was built in 1955.
How does 124 8th Ave compare to others on 8th Ave?
We track 8 other properties on 8th Ave. Browse the list under "Other properties on 8th Ave" to compare beds, baths, and sale history.
What are the property facts for 124 8th Ave?
124 8th Ave is a 2 bed, 2 bath, 1,242 sqft, 43,560 sqft lot single_family.
Is 124 8th Ave a flip candidate?
No — 124 8th Ave does not appear in our flips dataset.
Is 124 8th Ave a tax-appeal candidate?
No — 124 8th 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 8th Ave