For SaleRisky Deal21 days on market
621 Powell St N
621 Powell St N, Big Lake, MN 55309, Big Lake, MN 55309
$309,900
Estimate®:$312,100$2,200 Under Market
Listing Price
621 Powell St N, Big Lake, MN 55309
Loc: Big Lake, MN
Days Listed
21
Tax Assessed
$282k
Estimate®
$312k
1% Under Valued
Lot Size
0.31 acres
Rent Estimate
$2,520/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Independence Elementary School
3-5
0.5 mi away
5
Big Lake Middle School
6-8
0.3 mi away
9
Big Lake Senior High School
9-12
0.3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle-storyvinyl sidingtwo-car garageattached garageasphalt drivewaylarge windowsmature treeswooded lotresidentialsuburbanneutral color palettelow pitch roof
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.11%
Total ROI
91.6%
Cash Flow
$-31/mo
DSCR
0.98
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-31/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.1%)
- • Strong rental demand in Big Lake
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-04 | Listed for sale | $309,900 | $140 |
| 2009-10-15 | Sold | $130,000 | $59 |
| 2002-04-29 | Sold | $145,000 | $66 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,268 | $260,939 |
| 2024 | $3,340 | $258,323 |
| 2023 | $3,348 | $272,211 |
| 2022 | $3,052 | $262,401 |
| 2021 | $2,846 | $183,812 |
| 2020 | $2,476 | $153,619 |
| 2019 | $2,846 | $175,100 |
| 2018 | $2,476 | $159,500 |
| 2017 | $2,246 | $148,000 |
| 2016 | $2,138 | $140,900 |
| 2015 | $2,060 | $115,300 |
| 2014 | $2,060 | $110,700 |
| 2013 | $1,700 | $95,500 |
| 2012 | $1,481 | $83,400 |
| 2011 | $1,487 | $87,900 |
| 2010 | $1,550 | $124,700 |
| 2009 | $1,810 | $143,300 |
| 2008 | $2,886.47 | $157,700 |
| 2007 | $2,916.33 | $162,300 |
| 2006 | $2,818.5 | $151,000 |
| 2005 | $2,723.03 | $139,300 |
| 2004 | $2,625.41 | $121,100 |
| 2003 | $1,537.11 | $108,100 |
| 2002 | $1,145.93 | $98,300 |
| 2001 | $1,121.4 | $90,600 |
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