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229 Division St

Elbow Lake, MN 56531

2 bd 1 ba 1,754 sqft Built 1920 Lot 12,197 sqft single_family
Most recent sale
$73,500
Mar 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 30, 2022 Sold $73,500 MLS #6001540
Feb 2, 2022 Listed $78,900 MLS #6001540
Aug 3, 2021 Listing removed $79,900 NorthstarMLS
Jun 6, 2021 Listed $82,500 MLS #20-33941
Apr 19, 2021 Listing removed $79,900 LakeRegionMN
Feb 1, 2021 Price changed $79,900 MLS #20-31822
Sep 17, 2020 Listed $82,900 MLS #20-31822
Dec 31, 2008 Listing removed $35,000 GreaterAlexandria
Feb 16, 2007 Listed $35,000 MLS #07-696
Feb 15, 2007 Listing removed $40,900 GreaterAlexandria
Feb 15, 2006 Listed $40,900 MLS #06-598
May 27, 2004 Sold $36,050 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $46,600 $9,600 $56,200 $1,468
2025 $40,600 $4,800 $45,400 $1,352
2024 $37,900 $4,800 $42,700 $1,290
2023 $37,300 $3,300 $40,600 $1,396
2020 $9,080 $252
2019 $8,720 $284
2018 $8,840 $282
2017 $9,080 $304
2016 $9,140 $296
2015 $14,000 $304
2014 $14,000 $436
2013 $23,200 $3,000 $26,200 $766
2012 $23,200 $3,600 $26,800 $796
2011 $23,200 $3,600 $26,800 $694
2010 $23,200 $3,600 $26,800 $696

Property facts

Year built
1920
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,754 sqft
Lot size
12,197 sqft
ZIP code
56531
City
Elbow Lake
Street
Division St
Coordinates
45.99204, -95.98215

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
$441
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 229 Division St last sell?
229 Division St most recently sold on Mar 30, 2022 for $73,500.
What is the current tax assessment for 229 Division St?
The most recent total assessment for 229 Division St (year 2026) is $56,200 with $1,468 in property tax.
How does 229 Division St's assessment compare to its last sale price?
The current assessment is 23.5% below the last sale price of $73,500.
When was 229 Division St built?
229 Division St was built in 1920.
How does 229 Division St compare to others on Division St?
We track 8 other properties on Division St. Browse the list under "Other properties on Division St" to compare beds, baths, and sale history.
What are the property facts for 229 Division St?
229 Division St is a 2 bed, 1 bath, 1,754 sqft, 12,197 sqft lot single_family.
Is 229 Division St a flip candidate?
No — 229 Division St does not appear in our flips dataset.
Is 229 Division St a tax-appeal candidate?
No — 229 Division St is not currently flagged as a tax-appeal candidate.

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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