338 Central Ave
Elbow Lake, MN 56531
2 bd 1 ba 1,020 sqft Built 1940 Lot 11,282 sqft single_family
Most recent sale
$113,425
Nov 29, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 29, 2023 | Sold | $113,425 | NorthstarMLS |
| Aug 13, 2023 | Price changed | $114,995 | NorthstarMLS |
| Apr 29, 2023 | Price changed | $124,900 | NorthstarMLS |
| Mar 25, 2023 | Listed | $129,000 | NorthstarMLS |
| Aug 11, 2020 | Listing removed | $79,000 | GreaterLakes |
| Sep 11, 2018 | Sold | $71,900 | LakeRegionMN |
| Aug 30, 2018 | Sold | $70,500 | GreaterAlexandria |
| May 22, 2018 | Price changed | $71,900 | LakeRegionMN |
| May 17, 2018 | Price changed | $78,000 | GreaterAlexandria |
| Mar 31, 2018 | Price changed | $79,000 | GreaterAlexandria |
| Mar 30, 2018 | Price changed | $79,000 | LakeRegionMN |
| Dec 11, 2017 | Listed | $82,000 | LakeRegionMN |
| Apr 24, 2014 | Listing removed | $79,000 | LakeRegionMN |
| Mar 22, 2014 | Listing removed | $79,000 | GreaterAlexandria |
| May 26, 2013 | Price changed | $79,000 | LakeRegionMN |
| Apr 22, 2013 | Price changed | $89,000 | LakeRegionMN |
| Oct 30, 2012 | Price changed | $99,000 | LakeRegionMN |
| Apr 24, 2012 | Listed | $119,000 | LakeRegionMN |
| Sep 1, 2006 | Listing removed | $74,900 | GreaterAlexandria |
| Mar 13, 2006 | Listed | $74,900 | GreaterAlexandria |
| Sep 28, 2005 | Listing removed | $89,900 | GreaterAlexandria |
| Jun 21, 2005 | Listed | $89,900 | GreaterAlexandria |
| Jul 31, 2001 | Sold | $56,400 | GreaterAlexandria |
| May 29, 2001 | Listed | $57,900 | GreaterAlexandria |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $43,440 | $1,110 |
| 2021 | — | — | $40,980 | $1,118 |
| 2020 | — | — | $40,320 | $1,114 |
| 2019 | — | — | $37,260 | $1,124 |
| 2018 | $53,400 | $4,700 | $58,100 | $1,710 |
| 2017 | $52,700 | $4,700 | $57,400 | $1,762 |
| 2016 | $50,600 | $4,700 | $55,300 | $1,662 |
| 2015 | $49,200 | $4,700 | $53,900 | $1,678 |
| 2014 | $49,200 | $4,300 | $53,500 | $1,652 |
| 2013 | $48,200 | $4,300 | $52,500 | $1,706 |
| 2012 | $48,200 | $4,300 | $52,500 | $1,732 |
| 2011 | $50,700 | $4,300 | $55,000 | $1,598 |
Property facts
Year built
1940
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,020 sqft
Lot size
11,282 sqft
ZIP code
56531
City
Elbow Lake
Street
Central Ave
Coordinates
45.98795, -95.97939
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
$681
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 338 Central Ave last sell?
338 Central Ave most recently sold on Nov 29, 2023 for $113,425.
What is the current tax assessment for 338 Central Ave?
The most recent total assessment for 338 Central Ave (year 2022) is $43,440 with $1,110 in property tax.
How does 338 Central Ave's assessment compare to its last sale price?
The current assessment is 61.7% below the last sale price of $113,425.
When was 338 Central Ave built?
338 Central Ave was built in 1940.
How does 338 Central Ave compare to others on Central Ave?
We track 8 other properties on Central Ave. Browse the list under "Other properties on Central Ave" to compare beds, baths, and sale history.
What are the property facts for 338 Central Ave?
338 Central Ave is a 2 bed, 1 bath, 1,020 sqft, 11,282 sqft lot single_family.
Is 338 Central Ave a flip candidate?
No — 338 Central Ave does not appear in our flips dataset.
Is 338 Central Ave a tax-appeal candidate?
No — 338 Central 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 Central Ave