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  • $87,500

    507 State St W, Detroit Lakes, MN 56501

    3beds
    1,132sqft
    Single Family Residence
    Built in 1946
    7,405.2 Square Feet Lot
    $150,500 Zestimate®
    $77/sqft
    $1,828 Estimated rent

    Home value

    $150,500

    Estimated sales range

    Not available

    $1,828/mo

    Zestimate® history
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    $423/mo

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    What's special

    Great opportunity for home ownership or an investment property priced below tax assessed value! This home has so much potential with some TLC, and elbow grease. The garage has been turned into an extra space for a family room, or whatever you wish to use it for! It would also be very easy to turn back into a garage, for those who prefer. The basement has a bedroom with an egress window, and laundry. This home is being sold as is, and priced to sell!

    Zillow last checked:

    Listing updated:

    Listed by:

    HomeSmart Adventure Realty

    Bought with:

    Scott Davis

    Jack Chivers Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6601247MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Bedroom
    • Level: Main
    Bedroom 2
    • Level: Main
    Bedroom 3
    • Level: Basement
    Bathroom
    • Level: Main
    Bathroom
    • Level: Basement
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Other
    • Level: Lower
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Included: Dryer, Range, Refrigerator, Washer
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,132
    • Total interior livable area: 1,132 sqft
    • Finished area above ground: 832
    • Finished area below ground: 300

    Property

    Parking
    • Parking features: Parking Lot
    • Details: Garage Dimensions (0), Garage Door Height (0), Garage Door Width (0)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Fencing: Partial
    Lot
    • Size: 7,405 sqft
    • Dimensions: 7405 sq ft
    Details
    • Additional structures: Storage Shed
    • Foundation area: 832
    • Parcel number: 491819000
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1946

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Detroit Lakes
    • Subdivision: Detroit

    HOA & financial

    HOA
    • Has HOA: No

    Price history

    DateEventPrice
    5/1/2025Listing removed$1,500$1/sqft
    Source: Zillow Rentals Report a problem
    4/29/2025Listed for rent$1,500$1/sqft
    Source: Zillow Rentals Report a problem
    10/18/2024Sold$87,500-17.4%$77/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6601247 Report a problem
    9/23/2024Pending sale$105,900$94/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6601247 Report a problem
    9/15/2024Contingent$105,900$94/sqft
    Source: HomeSmart #6601247 Report a problem
    9/12/2024Listed for sale$105,900+14.5%$94/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6601247 Report a problem
    11/13/2017Listing removed$92,500$82/sqft
    Source: COUNSELOR REALTY OF DETROIT LAKES #22-57030 Report a problem
    6/13/2017Price change$92,500-7.3%$82/sqft
    Source: COUNSELOR REALTY OF DETROIT LAKES #22-57030 Report a problem
    5/12/2017Listed for sale$99,750-2.2%$88/sqft
    Source: COUNSELOR REALTY OF DETROIT LAKES #22-57030 Report a problem
    1/19/2017Listing removed$102,000$90/sqft
    Source: Coldwell Banker At the Lakes #10-2639 Report a problem
    8/23/2016Listed for sale$102,000+41.7%$90/sqft
    Source: COLDWELL BANKER AT THE LAKES #10-2639 Report a problem
    2/13/2007Sold$72,000$64/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,286 +2.9%$127,800 -0.9%
    2024$1,250 +21.6%$129,000 +4.1%
    2023$1,028 +25.7%$123,900 +5.1%
    2022$818 +11.4%$117,900 +28%
    2021$734 -0.5%$92,100 +8%
    2020$738 -1.3%$85,300 +0.2%
    2019$748 $85,100 +1.1%
    2018$748 +5.9%$84,200 -3%
    2017$706 +15.7%$86,800 +16%
    2016$610 +14.2%$74,800 +14.7%
    2015$534 +4.7%$65,200 +2.2%
    2014$510 +18.6%$63,800
    2012$430 +13.8%--
    2011$378 +15.2%--
    2010$328 --

    Find assessor info on the county website

    Neighborhood: 56501

    Nearby schools

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    $150,500
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    $153,510