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521 School St

Elk River, MN 55330

4 bd 2 ba 1,654 sqft Built 1971 Lot 8,712 sqft single_family
Most recent sale
$285,000
Jul 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 13, 2022 Sold $285,000 MLS #6197368
May 25, 2022 Listed $285,000 MLS #6197368
Apr 3, 2019 Sold $212,000 MLS #5133216
Dec 28, 2018 Listed $204,900 MLS #5133216
Apr 13, 2009 Sold $94,000 Public Record
Oct 4, 2005 Sold $167,400 Public Record
Mar 3, 2003 Sold $133,000 Public Record
Feb 3, 1997 Sold $69,451 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $152,300 $82,000 $234,300 $3,088
2023 $150,266 $85,866 $236,132 $3,422
2022 $130,445 $57,400 $187,845 $2,906
2021 $127,046 $48,373 $175,419 $2,818
2020 $127,046 $48,373 $175,419 $2,464
2019 $105,693 $41,495 $147,188 $2,048
2018 $94,186 $38,287 $132,473 $1,890
2017 $81,432 $35,018 $116,450 $1,756
2016 $75,174 $31,248 $106,422 $1,554
2015 $65,200 $27,100 $92,300 $1,472
2014 $59,800 $24,800 $84,600 $1,394
2013 $54,800 $22,300 $77,100 $1,368
2012 $51,200 $21,900 $73,100 $1,510
2011 $59,200 $26,800 $86,000 $1,702
2010 $79,900 $42,800 $122,700 $1,708
2009 $81,500 $47,000 $128,500 $1,738
2008 $103,000 $50,000 $153,000 $1,850
2007 $103,000 $50,000 $153,000 $1,834

Property facts

Year built
1971
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,654 sqft
Lot size
8,712 sqft
ZIP code
55330
City
Elk River
Street
School St
Coordinates
45.31149, -93.56354

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,481
Gross rental yield
10.45%
Implied cap rate
6.79%
Trend-extrapolated value

Frequently asked questions

When did 521 School St last sell?
521 School St most recently sold on Jul 13, 2022 for $285,000.
What is the current tax assessment for 521 School St?
The most recent total assessment for 521 School St (year 2025) is $234,300 with $3,088 in property tax.
How does 521 School St's assessment compare to its last sale price?
The current assessment is 17.8% below the last sale price of $285,000.
When was 521 School St built?
521 School St was built in 1971.
How does 521 School St compare to others on School St?
We track 2 other properties on School St. Browse the list under "Other properties on School St" to compare beds, baths, and sale history.
What are the property facts for 521 School St?
521 School St is a 4 bed, 2 bath, 1,654 sqft, 8,712 sqft lot single_family.
Is 521 School St a flip candidate?
No — 521 School St does not appear in our flips dataset.
Is 521 School St a tax-appeal candidate?
No — 521 School 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

Explore nearby

Other properties on School St