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215 Lake Ave

Spicer, MN 56288

6 bd 5 ba 6,162 sqft Built 1988 Lot 27,007 sqft single_family
Most recent sale
$1,035,000
Feb 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 25, 2022 Sold $1,035,000 MLS #6074163
Oct 19, 2021 Price changed $1,299,900 MLS #6074163
Aug 12, 2021 Listed $1,350,000 MLS #6074163
Jul 22, 2020 Sold $865,000 MLS #5542085
Jun 16, 2020 Price changed $899,000 MLS #5542085
May 3, 2020 Listed $949,000 MLS #5542085
Jul 15, 2009 Sold $685,000 MLS #3641250
Jun 18, 2009 Price changed $699,000 MLS #28941
Jun 2, 2009 Price changed $799,000 MLS #28941
May 1, 2009 Price changed $839,000 MLS #28941
Jan 28, 2009 Listed $699,000 MLS #3641250
Dec 2, 2008 Listing removed $1,239,000 Willmar
Jun 2, 2008 Listed $1,239,000 MLS #26862

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $383,800 $694,700 $1,078,500 $20,928
2023 $370,800 $665,000 $1,035,800 $19,792
2022 $419,200 $584,800 $1,004,000 $20,670
2021 $429,200 $570,000 $999,200 $20,608
2020 $429,200 $570,000 $999,200 $18,864
2019 $311,400 $605,600 $917,000 $19,352
2018 $318,400 $605,600 $924,000 $19,078
2017 $319,200 $605,600 $924,800 $18,608
2016 $312,400 $593,800 $906,200 $16,928
2015 $314,800 $593,800 $908,600 $15,088
2014 $247,400 $593,800 $841,200 $15,390
2013 $244,400 $593,800 $838,200 $15,984
2012 $245,900 $593,800 $839,700 $17,168
2011 $250,200 $633,500 $883,700 $15,718

Property facts

Year built
1988
Property type
single_family
Stories
1
Beds
6
Baths
5
Living area
6,162 sqft
Lot size
27,007 sqft
ZIP code
56288
City
Spicer
Street
Lake Ave
Coordinates
45.23932, -94.93728

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
$9,243
Gross rental yield
10.72%
Implied cap rate
6.97%
Trend-extrapolated value

Frequently asked questions

When did 215 Lake Ave last sell?
215 Lake Ave most recently sold on Feb 25, 2022 for $1,035,000.
What is the current tax assessment for 215 Lake Ave?
The most recent total assessment for 215 Lake Ave (year 2025) is $1,078,500 with $20,928 in property tax.
How does 215 Lake Ave's assessment compare to its last sale price?
The current assessment is 4.2% above the last sale price of $1,035,000.
When was 215 Lake Ave built?
215 Lake Ave was built in 1988.
How does 215 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 215 Lake Ave?
215 Lake Ave is a 6 bed, 5 bath, 6,162 sqft, 27,007 sqft lot single_family.
Is 215 Lake Ave a flip candidate?
No — 215 Lake Ave does not appear in our flips dataset.
Is 215 Lake Ave a tax-appeal candidate?
No — 215 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
-2.4%
Implied 1-yr
-9.8%
2026 Q3
$352.7K
2026 Q4
$342.4K
ZIP 56288 — Median Price History + Forecast

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