NOT LISTED FOR SALE

515 2nd St SE Elbow Lake, MN 56531

Estimated Value: $120,053 - $131,000

2 Beds
1 Bath
896 Sq Ft
$140/Sq Ft Est. Value

Sale Details

Date Sold: June 27, 2025

Last sale price $125,000 $140 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $783 / mo

51 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Dining Room
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of June 2025

Must see this newly updated 2 BR Home in a nice neighborhood! Some of this home's updates include a new Kitchen with new cabinets and appliances, new flooring, new bathroom, updated lighting this home also has low maintenance siding, newer windows and doors, newer furnace and much more.

Last Agent to Sell the Property

John Good

Lakes Family Real Estate/Otter Tail Real Estate Listed on: 04/08/2025

Last Buyer's Agent

Casey Olson

Real Estate by Jo, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,202

Year Built

  • Built in 1945

Lot Details

  • 6,316

Home Design

  • Vinyl Siding

Interior Spaces

  • 896 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Basement
  • Block Basement Construction

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 6,316 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Improvement Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 190331000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,202

Year Built

Built in 1945

Lot Details

6,316 Sq Ft Lot

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1945
  • Above Grade Finished Sq Ft: 896
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Living Area: 896
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bathroom, Bedroom 1, Bedroom 2

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Frame

Garage/Parking

  • Parking Features: Concrete

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: West Central Area
  • SchoolDistrictPhone: 320-528-2650

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: .145
  • Lot Size Sq Ft: 6316.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 190331000
  • Tax Annual Amount: 1202
  • TaxWithAssessments: 1202.0000

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2025
Closed on
Jun 16, 2025
Sold by
Bought by
Seller's Agent
John Good
Lakes Family Real Estate/Otter Tail Real Estate
Buyer's Agent
Casey Olson
Real Estate by Jo, LLC
List Price
$150,000
Sold Price
$125,000
Premium/Discount to List
-$25,000
-16.67%
Views
24
Current Estimated Value
$125,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$763
Avg. Annual Appreciation
0.66%
Original Mortgage
$119,683
Outstanding Balance
$119,376
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$6,387

Purchase Details

Closed on
Apr 30, 2020
Sold by
Bought by

Purchase Details

Closed on
Feb 4, 2013
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$125,000 The Title Team
$15,000 --
$21,814 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $119,683
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/27/2025 06/27/25 Sold $125,000 -3.8% $140 / Sq Ft
05/29/2025 05/29/25 Pending -- -- --
04/23/2025 04/23/25 Price Changed $130,000 -13.3% $145 / Sq Ft
04/08/2025 04/08/25 For Sale $150,000 -- $167 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,246 $83,400 $8,000 $75,400
2024 $1,246 $68,500 $4,000 $64,500
2023 $1,202 $67,400 $4,000 $63,400
2022 $1,112 $51,700 $2,700 $49,000
2021 $1,282 $49,200 $2,700 $46,500
2020 $1,274 $46,500 $2,700 $43,800
2019 $1,052 $45,500 $2,700 $42,800
2018 $738 $32,900 $2,700 $30,200
2017 $766 $0 $0 $0
2016 $738 $0 $0 $0
2015 $790 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6696820

NorthstarMLS

APN: 19-0331-000

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