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31507 195th Ave

Elizabeth, MN 56537

8 bd 4 ba 4,000 sqft Built 1978 Lot 323,215 sqft multi_family
Most recent sale
$133,700
Dec 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 18, 2024 Listed $199,900 NorthstarMLS
Dec 2, 2022 Sold $133,700 Public Record
Jul 27, 2021 Listing removed $140,000 GreaterLakes
Jul 24, 2021 Listing removed $140,000 NorthstarMLS
Dec 27, 2013 Listing removed $140,000 LakeRegionMN
Oct 8, 2013 Listed $140,000 LakeRegionMN

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $217,800 $2,178
2021 $166,200 $18,500 $184,700 $2,248
2020 $166,200 $18,500 $184,700 $2,334
2019 $140,400 $15,600 $156,000 $1,984
2018 $140,400 $15,600 $156,000 $1,912
2017 $136,800 $15,200 $152,000 $1,898
2016 $136,800 $15,200 $152,000 $1,882
2015 $136,800 $15,200 $152,000 $1,864
2014 $136,800 $15,200 $152,000 $1,748
2013 $136,800 $15,200 $152,000 $1,862

Property facts

Year built
1978
Property type
multi_family
Stories
2
Beds
8
Baths
4
Living area
4,000 sqft
Lot size
323,215 sqft
ZIP code
56537
City
Elizabeth
Street
195th Ave
Coordinates
46.41959, -96.08609

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$802
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 31507 195th Ave last sell?
31507 195th Ave most recently sold on Dec 2, 2022 for $133,700.
What is the current tax assessment for 31507 195th Ave?
The most recent total assessment for 31507 195th Ave (year 2022) is $217,800 with $2,178 in property tax.
How does 31507 195th Ave's assessment compare to its last sale price?
The current assessment is 62.9% above the last sale price of $133,700.
When was 31507 195th Ave built?
31507 195th Ave was built in 1978.
How does 31507 195th Ave compare to others on 195th Ave?
We do not currently track other properties on 195th Ave.
What are the property facts for 31507 195th Ave?
31507 195th Ave is a 8 bed, 4 bath, 4,000 sqft, 323,215 sqft lot multi_family.
Is 31507 195th Ave a flip candidate?
No — 31507 195th Ave does not appear in our flips dataset.
Is 31507 195th Ave a tax-appeal candidate?
Yes — 31507 195th 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
+7.6%
Implied 1-yr
+30.4%
2026 Q3
$371.6K
2026 Q4
$390.5K
ZIP 56537 — Median Price History + Forecast

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