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745 Lake Ave

Ortonville, MN 56278

5 bd 2 ba 2,325 sqft Built 1963 Lot 8,712 sqft single_family
Most recent sale
$181,000
Dec 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 9, 2022 Sold $181,000 NorthstarMLS
Oct 20, 2022 Listed $165,000 NorthstarMLS
Mar 11, 2011 Sold $76,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $75,357 $1,298
2021 $67,400 $1,100
2020 $59,879 $1,018
2019 $60,206 $992
2018 $60,969 $968
2017 $62,168 $1,022
2016 $48,761 $836
2015 $47,700 $826
2014 $44,100 $838
2013 $44,700 $924
2012 $44,800 $980
2011 $75,100 $1,030

Property facts

Year built
1963
Property type
single_family
Stories
1
Beds
5
Baths
2
Living area
2,325 sqft
Lot size
8,712 sqft
ZIP code
56278
City
Ortonville
Street
Lake Ave
Coordinates
45.31132, -96.43818

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
$1,086
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 745 Lake Ave last sell?
745 Lake Ave most recently sold on Dec 9, 2022 for $181,000.
What is the current tax assessment for 745 Lake Ave?
The most recent total assessment for 745 Lake Ave (year 2022) is $75,357 with $1,298 in property tax.
How does 745 Lake Ave's assessment compare to its last sale price?
The current assessment is 58.4% below the last sale price of $181,000.
When was 745 Lake Ave built?
745 Lake Ave was built in 1963.
How does 745 Lake Ave compare to others on Lake Ave?
We track 6 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 745 Lake Ave?
745 Lake Ave is a 5 bed, 2 bath, 2,325 sqft, 8,712 sqft lot single_family.
Is 745 Lake Ave a flip candidate?
No — 745 Lake Ave does not appear in our flips dataset.
Is 745 Lake Ave a tax-appeal candidate?
No — 745 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
+5.2%
Implied 1-yr
+21.0%
2026 Q2
$229.5K
2026 Q3
$238.4K
ZIP 56278 — Median Price History + Forecast

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