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704 Elm Ave

Olivia, MN 56277

3 bd 2 ba 1,460 sqft Built 1936 Lot 7,500 sqft single_family
Most recent sale
$66,500
Oct 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 17, 2022 Sold $66,500 MLS #6213193
Jul 12, 2022 Price changed $66,500 MLS #6213193
Jun 3, 2022 Listed $70,000 MLS #6213193
Jun 30, 2014 Sold $27,000 MLS #6002001
Oct 9, 2013 Listing removed $33,000 Arrowhead
Mar 13, 2013 Listed $33,000 MLS #1095438

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $27,240 $970
2019 $24,840 $894
2018 $22,500 $882
2017 $22,500 $856
2016 $21,720 $860
2015 $23,220 $848
2014 $23,500 $868
2013 $23,500 $418
2012 $23,500 $464
2011 $25,600 $502
2010 $39,400 $5,900 $45,300 $520
2009 $39,400 $5,900 $45,300 $512

Property facts

Year built
1936
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,460 sqft
Lot size
7,500 sqft
ZIP code
56277
City
Olivia
Street
Elm Ave
Coordinates
44.77882, -94.98702

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$399
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 704 Elm Ave last sell?
704 Elm Ave most recently sold on Oct 17, 2022 for $66,500.
What is the current tax assessment for 704 Elm Ave?
The most recent total assessment for 704 Elm Ave (year 2020) is $27,240 with $970 in property tax.
How does 704 Elm Ave's assessment compare to its last sale price?
The current assessment is 59.0% below the last sale price of $66,500.
When was 704 Elm Ave built?
704 Elm Ave was built in 1936.
How does 704 Elm Ave compare to others on Elm Ave?
We track 8 other properties on Elm Ave. Browse the list under "Other properties on Elm Ave" to compare beds, baths, and sale history.
What are the property facts for 704 Elm Ave?
704 Elm Ave is a 3 bed, 2 bath, 1,460 sqft, 7,500 sqft lot single_family.
Is 704 Elm Ave a flip candidate?
No — 704 Elm Ave does not appear in our flips dataset.
Is 704 Elm Ave a tax-appeal candidate?
No — 704 Elm 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
+1.9%
Implied 1-yr
+7.7%
2026 Q3
$198.8K
2026 Q4
$200.2K
ZIP 56277 — Median Price History + Forecast

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