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517 Tipton Ave

Elk River, MN 55330

3 bd 2 ba 1,488 sqft Built 1992 Lot 15,246 sqft single_family
Most recent sale
$312,900
Sep 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 29, 2022 Sold $312,900 MLS #6230414
Aug 11, 2022 Price changed $309,900 MLS #6230414
Jul 10, 2022 Listed $324,900 MLS #6230414
Sep 1, 1992 Sold $99,840 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $180,226 $94,120 $274,346 $3,668
2023 $185,604 $87,479 $273,083 $3,746
2022 $161,178 $58,822 $220,000 $3,386
2021 $151,137 $52,622 $203,759 $3,256
2020 $151,137 $52,622 $203,759 $3,144
2019 $138,310 $51,388 $189,698 $2,664
2018 $126,029 $47,755 $173,784 $2,454
2017 $109,017 $43,730 $152,747 $2,320
2016 $102,528 $39,646 $142,174 $2,228
2015 $96,700 $37,500 $134,200 $2,134
2014 $89,700 $34,800 $124,500 $2,086
2013 $85,300 $31,500 $116,800 $2,046
2012 $80,200 $31,100 $111,300 $3,110
2011 $90,600 $37,100 $127,700 $3,334
2010 $110,000 $53,600 $163,600 $3,380
2009 $127,000 $59,000 $186,000 $2,455
2008 $127,000 $59,000 $186,000 $3,400
2007 $127,000 $59,000 $186,000 $2,311

Property facts

Year built
1992
Property type
single_family
Stories
3
Beds
3
Baths
2
Living area
1,488 sqft
Lot size
15,246 sqft
ZIP code
55330
City
Elk River
Street
Tipton Ave
Coordinates
45.30616, -93.58500

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,232
Gross rental yield
8.56%
Implied cap rate
5.56%
Trend-extrapolated value

Frequently asked questions

When did 517 Tipton Ave last sell?
517 Tipton Ave most recently sold on Sep 29, 2022 for $312,900.
What is the current tax assessment for 517 Tipton Ave?
The most recent total assessment for 517 Tipton Ave (year 2025) is $274,346 with $3,668 in property tax.
How does 517 Tipton Ave's assessment compare to its last sale price?
The current assessment is 12.3% below the last sale price of $312,900.
When was 517 Tipton Ave built?
517 Tipton Ave was built in 1992.
How does 517 Tipton Ave compare to others on Tipton Ave?
We track 3 other properties on Tipton Ave. Browse the list under "Other properties on Tipton Ave" to compare beds, baths, and sale history.
What are the property facts for 517 Tipton Ave?
517 Tipton Ave is a 3 bed, 2 bath, 1,488 sqft, 15,246 sqft lot single_family.
Is 517 Tipton Ave a flip candidate?
No — 517 Tipton Ave does not appear in our flips dataset.
Is 517 Tipton Ave a tax-appeal candidate?
No — 517 Tipton Ave 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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