For SaleNeutral Deal85 days on market
18950 243rd Ave NW
18950 243rd Ave NW, Big Lake, MN 55309, Big Lake, MN 55309
$500,000
Listing Price
18950 243rd Ave NW, Big Lake, MN 55309
Loc: Big Lake, MN
Days Listed
85
Tax Assessed
$360k
Lot Size
5.60 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
N/A
Liberty Elementary School
PK-2
5.1 mi away
5
Big Lake Middle School
6-8
5.3 mi away
9
Big Lake Senior High School
9-12
5.1 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 Family1990Forced AirCentral Air6 Attached Garage spaces5.60 Acres85 Days$206
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.24%
Total ROI
94.4%
Cash Flow
$4/mo
DSCR
1.00
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $4/mo net cash flow with a 6.2% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • 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 |
|---|---|---|---|
| 2026-09-15 | Price change | $500,000 | $206 |
| 2026-09-01 | Price change | $535,000 | $220 |
| 2026-07-02 | Listed for sale | $545,000 | $224 |
| 2026-07-01 | Listing removed | $550,000 | $226 |
| 2026-05-06 | Price change | $550,000 | $226 |
| 2026-03-25 | Price change | $569,000 | $234 |
| 2026-02-06 | Price change | $579,000 | $238 |
| 2026-01-08 | Price change | $589,000 | $242 |
| 2025-11-18 | Listed for sale | $599,000 | $246 |
| 2025-11-17 | Listing removed | $610,000 | $251 |
| 2025-10-14 | Price change | $610,000 | $251 |
| 2025-08-23 | Listed for sale | $625,000 | $257 |
| 2021-09-13 | Sold | $290,000 | $119 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,120 | $345,305 |
| 2024 | $2,832 | $303,000 |
| 2023 | $2,608 | $276,800 |
| 2022 | $3,024 | $171,700 |
| 2021 | $3,034 | $238,500 |
| 2020 | $2,930 | $220,900 |
| 2019 | $3,034 | $220,900 |
| 2018 | $2,930 | $203,400 |
| 2017 | $2,764 | $187,600 |
| 2016 | $2,628 | $170,300 |
| 2015 | $2,394 | $168,000 |
| 2014 | $2,394 | $165,200 |
| 2013 | $1,310 | $96,700 |
| 2012 | $1,307 | $102,400 |
| 2011 | $1,563 | $122,100 |
| 2010 | $1,804 | $174,700 |
| 2009 | $1,930 | $183,800 |
| 2008 | $1,846.96 | $181,600 |
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