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416 Division St

Elbow Lake, MN 56531

4 bd 2 ba 2,520 sqft Built 1917 Lot 17,424 sqft single_family
Most recent sale
$120,000
Jan 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 28, 2022 Sold $120,000 MLS #6130590
Nov 24, 2021 Listed $125,000 MLS #6130590
Jun 14, 2002 Sold $62,000 MLS #01-675
Jun 6, 2002 Listing removed $62,000 GreaterAlexandria
Jan 18, 2002 Listed $62,000 MLS #02-96
Jun 13, 2001 Listed $62,000 MLS #01-965
Jun 8, 2001 Listed $62,000 MLS #01-675

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $130,100 $15,800 $145,900 $2,652
2025 $111,800 $7,900 $119,700 $2,388
2024 $114,900 $7,900 $122,800 $2,402
2023 $69,600 $5,400 $75,000 $1,816
2022 $66,800 $5,400 $72,200 $1,844
2020 $40,980 $1,322
2019 $40,200 $1,312
2018 $37,380 $1,202
2017 $34,380 $1,258
2016 $34,560 $1,006
2015 $34,080 $1,018
2014 $33,200 $1,058
2013 $36,200 $1,120
2012 $36,200 $1,154
2011 $55,500 $5,900 $61,400 $1,286
2010 $55,500 $5,900 $61,400 $1,224
2009 $56,500 $5,900 $62,400 $1,376

Property facts

Year built
1917
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,520 sqft
Lot size
17,424 sqft
ZIP code
56531
City
Elbow Lake
Street
Division St
Coordinates
45.99261, -95.97054

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
$720
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 416 Division St last sell?
416 Division St most recently sold on Jan 28, 2022 for $120,000.
What is the current tax assessment for 416 Division St?
The most recent total assessment for 416 Division St (year 2026) is $145,900 with $2,652 in property tax.
How does 416 Division St's assessment compare to its last sale price?
The current assessment is 21.6% above the last sale price of $120,000.
When was 416 Division St built?
416 Division St was built in 1917.
How does 416 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 416 Division St?
416 Division St is a 4 bed, 2 bath, 2,520 sqft, 17,424 sqft lot single_family.
Is 416 Division St a flip candidate?
No — 416 Division St does not appear in our flips dataset.
Is 416 Division St a tax-appeal candidate?
Yes — 416 Division St 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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