For SaleRisky Deal92 days on market
18952 247th Ave NW
18952 247th Ave NW, Big Lake, MN 55309, Big Lake, MN 55309
$689,900
Listing Price
18952 247th Ave NW, Big Lake, MN 55309
Loc: Big Lake, MN
Days Listed
92
Tax Assessed
$595k
Lot Size
2.58 acres
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.
N/A
Liberty Elementary School
PK-2
5.5 mi away
5
Big Lake Middle School
6-8
5.7 mi away
9
Big Lake Senior High School
9-12
5.5 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
Single Family2022Forced Air, In-Floor Heating, RadiantCentral Air2 Attached Garage spaces2.58 Acres92 Days$260
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.08%
Total ROI
90.9%
Cash Flow
$-87/mo
DSCR
0.98
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-87/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 |
|---|---|---|---|
| 2026-08-27 | Price change | $689,900 | $260 |
| 2026-08-05 | Price change | $699,900 | $264 |
| 2026-06-26 | Listed for sale | $729,900 | $275 |
| 2021-11-24 | Sold | $661,000 | $249 |
| 2019-01-11 | Sold | $62,000 | $23 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,156 | $595,300 |
| 2024 | $6,266 | $581,200 |
| 2023 | $6,138 | $593,600 |
| 2022 | $488 | $567,100 |
| 2021 | $750 | $48,600 |
| 2020 | $774 | $48,100 |
| 2019 | $750 | $48,100 |
| 2018 | $774 | $17,500 |
Similar Properties Nearby
Explore other investment opportunities in Big Lake.