1205 Lake Ave
Willmar, MN 56201
3 bd 1 ba 1,564 sqft Built 1978 Lot 10,237 sqft single_family
Most recent sale
$99,500
Feb 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 25, 2022 | Sold | $99,500 | MLS #6139369 |
| Jan 5, 2022 | Listed | $99,500 | MLS #6139369 |
| Oct 20, 2020 | Sold | $75,000 | Public Record |
| Nov 30, 2015 | Sold | $68,000 | MLS #6009364 |
| Sep 26, 2015 | Price changed | $81,000 | MLS #6009364 |
| Jun 9, 2015 | Price changed | $85,000 | MLS #6009364 |
| Mar 31, 2015 | Listed | $90,000 | MLS #6009364 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $116,100 | $13,200 | $129,300 | $1,990 |
| 2023 | $100,100 | $13,200 | $113,300 | $1,582 |
| 2022 | $105,200 | $14,100 | $119,300 | $1,708 |
| 2021 | $91,000 | $14,100 | $105,100 | $1,494 |
| 2020 | $91,000 | $14,100 | $105,100 | $1,434 |
| 2019 | $86,700 | $14,100 | $100,800 | $1,374 |
| 2018 | $82,200 | $14,100 | $96,300 | $1,352 |
| 2017 | $82,400 | $14,100 | $96,500 | $1,378 |
| 2016 | $81,900 | $14,100 | $96,000 | $972 |
| 2015 | — | $67,400 | $67,400 | $870 |
| 2014 | — | $67,500 | $67,500 | $830 |
| 2013 | — | $61,100 | $61,100 | $1,072 |
| 2012 | — | $72,900 | $72,900 | $1,152 |
| 2011 | — | $77,200 | $77,200 | $1,084 |
Property facts
Year built
1978
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,564 sqft
Lot size
10,237 sqft
ZIP code
56201
City
Willmar
Street
Lake Ave
Coordinates
45.12360, -95.06120
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$597
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 1205 Lake Ave last sell?
1205 Lake Ave most recently sold on Feb 25, 2022 for $99,500.
What is the current tax assessment for 1205 Lake Ave?
The most recent total assessment for 1205 Lake Ave (year 2025) is $129,300 with $1,990 in property tax.
How does 1205 Lake Ave's assessment compare to its last sale price?
The current assessment is 29.9% above the last sale price of $99,500.
When was 1205 Lake Ave built?
1205 Lake Ave was built in 1978.
How does 1205 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 1205 Lake Ave?
1205 Lake Ave is a 3 bed, 1 bath, 1,564 sqft, 10,237 sqft lot single_family.
Is 1205 Lake Ave a flip candidate?
Yes — 1205 Lake Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1205 Lake Ave a tax-appeal candidate?
Yes — 1205 Lake Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.4%
Implied 1-yr
-1.7%
2026 Q3
$232.2K
2026 Q4
$231.2K
ZIP 56201 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Ave