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602 Lake Ave

Fulda, MN 56131

3 bd 1 ba 2,847 sqft Built 1923 Lot 16,814 sqft single_family
Most recent sale
$188,000
Aug 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 29, 2022 Sold $188,000 MLS #6234396
Jul 21, 2022 Listed $179,900 MLS #6234396
Mar 9, 2020 Sold $131,500 MLS #5336936
Dec 10, 2019 Listed $135,000 MLS #5336936
Apr 22, 2019 Listed $135,000 MLS #5210342
Aug 29, 2018 Sold $62,000 Public Record
Jan 1, 2018 Sold $62,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $82,000 $27,000 $109,000 $2,052
2021 $55,400 $27,000 $82,400 $1,630
2020 $55,400 $27,000 $82,400 $1,612
2019 $55,400 $27,000 $82,400 $1,200
2018 $52,576 $1,224
2017 $50,287 $1,172
2016 $47,889 $1,200
2015 $47,889 $622
2014 $47,900 $588
2013 $38,500 $860
2012 $44,800 $956
2011 $46,700 $1,084
2010 $38,800 $31,500 $70,300 $1,054
2009 $59,800 $968

Property facts

Year built
1923
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
2,847 sqft
Lot size
16,814 sqft
ZIP code
56131
City
Fulda
Street
Lake Ave
Coordinates
43.86388, -95.59493

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,128
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 602 Lake Ave last sell?
602 Lake Ave most recently sold on Aug 29, 2022 for $188,000.
What is the current tax assessment for 602 Lake Ave?
The most recent total assessment for 602 Lake Ave (year 2022) is $109,000 with $2,052 in property tax.
How does 602 Lake Ave's assessment compare to its last sale price?
The current assessment is 42.0% below the last sale price of $188,000.
When was 602 Lake Ave built?
602 Lake Ave was built in 1923.
How does 602 Lake Ave compare to others on Lake Ave?
We track 8 other properties on Lake Ave. Browse the list under "Other properties on Lake Ave" to compare beds, baths, and sale history.
What are the property facts for 602 Lake Ave?
602 Lake Ave is a 3 bed, 1 bath, 2,847 sqft, 16,814 sqft lot single_family.
Is 602 Lake Ave a flip candidate?
Yes — 602 Lake Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 602 Lake Ave a tax-appeal candidate?
No — 602 Lake 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
-1.4%
Implied 1-yr
-5.5%
2025 Q4
$171.6K
2026 Q1
$169K
ZIP 56131 — Median Price History + Forecast

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