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206 1st St

Elk River, MN 55330

2 bd 1 ba 936 sqft Built 1992 Lot 6,534 sqft single_family
Most recent sale
$202,500
Jul 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 26, 2022 Sold $202,500 Public Record
Jul 14, 2022 Sold $202,500 MLS #6202774
Jun 3, 2022 Listed $190,000 MLS #6202774
Nov 16, 2006 Sold $159,900 Public Record
May 1, 1992 Sold $61,934 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $141,262 $50,244 $191,506 $2,596
2023 $112,264 $53,018 $165,282 $2,306
2012 $45,000 $15,000 $60,000 $1,288
2011 $45,000 $15,000 $60,000 $1,466
2010 $76,600 $32,000 $108,600 $1,460
2009 $93,300 $35,000 $128,300 $1,578
2008 $97,600 $35,000 $132,600 $1,556
2007 $97,600 $35,000 $132,600 $1,540

Property facts

Year built
1992
Property type
single_family
Stories
Beds
2
Baths
1
Living area
936 sqft
Lot size
6,534 sqft
ZIP code
55330
City
Elk River
Street
1st St
Coordinates
45.30144, -93.55689

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
$1,404
Gross rental yield
8.32%
Implied cap rate
5.41%
Trend-extrapolated value

Frequently asked questions

When did 206 1st St last sell?
206 1st St most recently sold on Jul 14, 2022 for $202,500.
What is the current tax assessment for 206 1st St?
The most recent total assessment for 206 1st St (year 2025) is $191,506 with $2,596 in property tax.
How does 206 1st St's assessment compare to its last sale price?
The current assessment is 5.4% below the last sale price of $202,500.
When was 206 1st St built?
206 1st St was built in 1992.
How does 206 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 206 1st St?
206 1st St is a 2 bed, 1 bath, 936 sqft, 6,534 sqft lot single_family.
Is 206 1st St a flip candidate?
No — 206 1st St does not appear in our flips dataset.
Is 206 1st St a tax-appeal candidate?
No — 206 1st 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
+0.0%
Implied 1-yr
+0.0%
2026 Q3
$403.1K
2026 Q4
$403.2K
ZIP 55330 — Median Price History + Forecast

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