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307 Marvin Elwood Rd

Monticello, MN 55362

2 bd 2 ba 1,408 sqft Built 1989 Lot 12,415 sqft single_family
Most recent sale
$265,000
Aug 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 9, 2022 Sold $265,000 MLS #6216320
Jun 10, 2022 Listed $225,000 MLS #6216320
Jan 15, 1999 Sold $99,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $166,600 $75,000 $241,600 $2,548
2024 $166,600 $75,000 $241,600 $2,448
2020 $152,600 $1,756
2019 $147,600 $1,592
2018 $129,900 $1,348
2017 $79,431 $38,969 $118,400 $1,216
2016 $73,954 $30,546 $104,500 $992
2015 $82,800 $958
2014 $78,700 $968
2013 $67,400 $924
2012 $64,300 $1,282
2011 $82,700 $1,262
2010 $71,800 $39,000 $110,800 $1,348
2008 $90,400 $46,000 $136,400 $1,478

Property facts

Year built
1989
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,408 sqft
Lot size
12,415 sqft
ZIP code
55362
City
Monticello
Street
Marvin Elwood Rd
Coordinates
45.32030, -93.83432

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
$2,112
Gross rental yield
9.56%
Implied cap rate
6.22%
Trend-extrapolated value

Frequently asked questions

When did 307 Marvin Elwood Rd last sell?
307 Marvin Elwood Rd most recently sold on Aug 9, 2022 for $265,000.
What is the current tax assessment for 307 Marvin Elwood Rd?
The most recent total assessment for 307 Marvin Elwood Rd (year 2025) is $241,600 with $2,548 in property tax.
How does 307 Marvin Elwood Rd's assessment compare to its last sale price?
The current assessment is 8.8% below the last sale price of $265,000.
When was 307 Marvin Elwood Rd built?
307 Marvin Elwood Rd was built in 1989.
How does 307 Marvin Elwood Rd compare to others on Marvin Elwood Rd?
We track 8 other properties on Marvin Elwood Rd. Browse the list under "Other properties on Marvin Elwood Rd" to compare beds, baths, and sale history.
What are the property facts for 307 Marvin Elwood Rd?
307 Marvin Elwood Rd is a 2 bed, 2 bath, 1,408 sqft, 12,415 sqft lot single_family.
Is 307 Marvin Elwood Rd a flip candidate?
No — 307 Marvin Elwood Rd does not appear in our flips dataset.
Is 307 Marvin Elwood Rd a tax-appeal candidate?
No — 307 Marvin Elwood Rd 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
+1.9%
Implied 1-yr
+7.7%
2026 Q3
$487.5K
2026 Q4
$487.5K
ZIP 55362 — Median Price History + Forecast

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