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523 5 1/2 St

Elk River, MN 55330

3 bd 2 ba 1,658 sqft Built 1976 Lot 10,454 sqft single_family
Most recent sale
$300,000
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 22, 2022 Sold $300,000 MLS #6217422
Jun 13, 2022 Listed $280,000 MLS #6217422

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $178,523 $82,416 $260,939 $3,494
2023 $184,347 $87,428 $271,775 $3,730
2021 $125,905 $48,315 $174,220 $2,800
2020 $125,905 $48,315 $174,220 $2,710
2019 $120,255 $42,302 $162,557 $2,278
2018 $108,661 $39,181 $147,842 $2,146
2017 $96,808 $36,101 $132,909 $2,684
2016 $89,486 $32,305 $121,791 $2,628
2015 $85,600 $28,600 $114,200 $2,568
2014 $78,600 $26,400 $105,000 $2,516
2013 $72,200 $23,800 $96,000 $2,511
2012 $67,500 $23,400 $90,900 $2,710
2011 $77,600 $28,400 $106,000 $2,922
2010 $98,900 $42,800 $141,700 $2,956
2009 $100,800 $47,000 $147,800 $2,140
2008 $115,300 $50,000 $165,300 $3,066
2007 $115,300 $50,000 $165,300 $2,012

Property facts

Year built
1976
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,658 sqft
Lot size
10,454 sqft
ZIP code
55330
City
Elk River
Street
5 1/2 St
Coordinates
45.30819, -93.56340

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
$2,487
Gross rental yield
9.95%
Implied cap rate
6.47%
Trend-extrapolated value

Frequently asked questions

When did 523 5 1/2 St last sell?
523 5 1/2 St most recently sold on Jul 22, 2022 for $300,000.
What is the current tax assessment for 523 5 1/2 St?
The most recent total assessment for 523 5 1/2 St (year 2025) is $260,939 with $3,494 in property tax.
How does 523 5 1/2 St's assessment compare to its last sale price?
The current assessment is 13.0% below the last sale price of $300,000.
When was 523 5 1/2 St built?
523 5 1/2 St was built in 1976.
How does 523 5 1/2 St compare to others on 5 1/2 St?
We track 7 other properties on 5 1/2 St. Browse the list under "Other properties on 5 1/2 St" to compare beds, baths, and sale history.
What are the property facts for 523 5 1/2 St?
523 5 1/2 St is a 3 bed, 2 bath, 1,658 sqft, 10,454 sqft lot single_family.
Is 523 5 1/2 St a flip candidate?
No — 523 5 1/2 St does not appear in our flips dataset.
Is 523 5 1/2 St a tax-appeal candidate?
No — 523 5 1/2 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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