489 196th Dr
Elk River, MN 55330
3 bd 4 ba 2,476 sqft Built 1978 Lot 91,040 sqft single_family
Most recent sale
$310,000
Aug 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 19, 2022 | Sold | $310,000 | MLS #6235179 |
| Jul 20, 2022 | Relisted | $290,000 | MLS #6235179 |
| Jul 15, 2022 | Listed | $290,000 | MLS #6235179 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $216,534 | $190,029 | $406,563 | $4,408 |
| 2023 | $215,495 | $125,386 | $340,881 | $3,858 |
| 2022 | $191,206 | $96,810 | $288,016 | $3,638 |
| 2014 | $4,100 | $1,800 | $5,900 | $82 |
| 2013 | $4,100 | $1,800 | $5,900 | $88 |
| 2012 | $4,100 | $1,800 | $5,900 | $250 |
| 2011 | $12,500 | $5,700 | $18,200 | $2,148 |
| 2010 | $121,400 | $65,100 | $186,500 | $2,180 |
| 2009 | $138,500 | $71,800 | $210,300 | $2,190 |
| 2008 | $139,800 | $71,800 | $211,600 | $2,162 |
| 2007 | $139,800 | $65,600 | $205,400 | $2,100 |
Property facts
Year built
1978
Property type
single_family
Stories
1
Beds
3
Baths
4
Living area
2,476 sqft
Lot size
91,040 sqft
ZIP code
55330
City
Elk River
Street
196th Dr
Coordinates
45.32710, -93.65089
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,714
Gross rental yield
14.38%
Implied cap rate
9.34%
Trend-extrapolated value
—
Frequently asked questions
When did 489 196th Dr last sell?
489 196th Dr most recently sold on Aug 19, 2022 for $310,000.
What is the current tax assessment for 489 196th Dr?
The most recent total assessment for 489 196th Dr (year 2025) is $406,563 with $4,408 in property tax.
How does 489 196th Dr's assessment compare to its last sale price?
The current assessment is 31.1% above the last sale price of $310,000.
When was 489 196th Dr built?
489 196th Dr was built in 1978.
How does 489 196th Dr compare to others on 196th Dr?
We track 8 other properties on 196th Dr. Browse the list under "Other properties on 196th Dr" to compare beds, baths, and sale history.
What are the property facts for 489 196th Dr?
489 196th Dr is a 3 bed, 4 bath, 2,476 sqft, 91,040 sqft lot single_family.
Is 489 196th Dr a flip candidate?
No — 489 196th Dr does not appear in our flips dataset.
Is 489 196th Dr a tax-appeal candidate?
Yes — 489 196th Dr 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 valuationQuarterly trend
+0.0%
Implied 1-yr
+0.0%
2026 Q3
$403.1K
2026 Q4
$403.2K
ZIP 55330 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 196th Dr