424 Lake Ave
Spicer, MN 56288
3 bd 1 ba 1,268 sqft Built 1961 Lot 13,460 sqft single_family
Most recent sale
$224,500
Sep 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 27, 2025 | Sold | $270,000 | NorthstarMLS |
| May 30, 2025 | Listed | $270,000 | NorthstarMLS |
| Sep 29, 2022 | Sold | $224,500 | MLS #6249169 |
| Aug 19, 2022 | Listed | $225,000 | MLS #6249169 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $100,100 | $36,000 | $136,100 | $2,124 |
| 2021 | $93,600 | $10,424 | $104,024 | $1,860 |
| 2020 | $93,600 | $10,424 | $104,024 | $1,704 |
| 2019 | $86,100 | $8,659 | $94,759 | $1,552 |
| 2018 | $76,200 | $7,768 | $83,968 | $1,370 |
| 2017 | — | $74,703 | $74,703 | $1,336 |
| 2016 | — | $72,850 | $72,850 | $1,330 |
| 2015 | — | $73,940 | $73,940 | $1,242 |
| 2014 | — | $71,000 | $71,000 | $1,170 |
| 2013 | — | $65,500 | $65,500 | $1,238 |
| 2012 | — | $66,500 | $66,500 | $1,272 |
| 2011 | — | $67,500 | $67,500 | $1,402 |
Property facts
Year built
1961
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,268 sqft
Lot size
13,460 sqft
ZIP code
56288
City
Spicer
Street
Lake Ave
Coordinates
45.22799, -94.91896
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,902
Gross rental yield
10.17%
Implied cap rate
6.61%
Trend-extrapolated value
—
Frequently asked questions
When did 424 Lake Ave last sell?
424 Lake Ave most recently sold on Sep 29, 2022 for $224,500.
What is the current tax assessment for 424 Lake Ave?
The most recent total assessment for 424 Lake Ave (year 2022) is $136,100 with $2,124 in property tax.
How does 424 Lake Ave's assessment compare to its last sale price?
The current assessment is 39.4% below the last sale price of $224,500.
When was 424 Lake Ave built?
424 Lake Ave was built in 1961.
How does 424 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 424 Lake Ave?
424 Lake Ave is a 3 bed, 1 bath, 1,268 sqft, 13,460 sqft lot single_family.
Is 424 Lake Ave a flip candidate?
No — 424 Lake Ave does not appear in our flips dataset.
Is 424 Lake Ave a tax-appeal candidate?
No — 424 Lake Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.4%
Implied 1-yr
-9.8%
2026 Q3
$352.7K
2026 Q4
$342.4K
ZIP 56288 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Ave