4040 Lake Ridge Dr
Big Lake, MN 55309
2 bd 1 ba 905 sqft Built 1995 Lot 12,197 sqft single_family
Most recent sale
$265,000
Jan 9, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 9, 2024 | Sold | $265,000 | NorthstarMLS |
| Dec 8, 2023 | Listed | $250,000 | NorthstarMLS |
| Nov 8, 1995 | Sold | $86,150 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $158,391 | $72,573 | $230,964 | $2,932 |
| 2023 | $164,603 | $64,117 | $228,720 | $2,926 |
| 2022 | $136,228 | $43,333 | $179,561 | $2,682 |
| 2021 | $127,226 | $36,312 | $163,538 | $2,540 |
| 2020 | $114,359 | $31,521 | $145,880 | $2,356 |
| 2019 | $102,687 | $28,260 | $130,947 | $2,154 |
| 2018 | $91,343 | $25,107 | $116,450 | $2,012 |
| 2017 | $81,780 | $21,808 | $103,588 | $1,870 |
| 2016 | $77,700 | $21,400 | $99,100 | $1,780 |
| 2015 | $73,500 | $21,100 | $94,600 | $1,604 |
| 2014 | $62,000 | $20,100 | $82,100 | $1,466 |
| 2013 | $62,100 | $20,100 | $82,200 | $1,466 |
| 2012 | $67,100 | $21,600 | $88,700 | $1,504 |
| 2011 | $87,800 | $36,800 | $124,600 | $1,558 |
| 2009 | $106,900 | $49,600 | $156,500 | $1,754 |
| 2008 | $112,500 | $51,900 | $164,400 | $1,836 |
| 2007 | $113,700 | $44,400 | $158,100 | $1,748 |
Property facts
Year built
1995
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
905 sqft
Lot size
12,197 sqft
ZIP code
55309
City
Big Lake
Street
Lake Ridge Dr
Coordinates
45.35039, -93.77032
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,358
Gross rental yield
6.15%
Implied cap rate
4.00%
Trend-extrapolated value
—
Frequently asked questions
When did 4040 Lake Ridge Dr last sell?
4040 Lake Ridge Dr most recently sold on Jan 9, 2024 for $265,000.
What is the current tax assessment for 4040 Lake Ridge Dr?
The most recent total assessment for 4040 Lake Ridge Dr (year 2025) is $230,964 with $2,932 in property tax.
How does 4040 Lake Ridge Dr's assessment compare to its last sale price?
The current assessment is 12.8% below the last sale price of $265,000.
When was 4040 Lake Ridge Dr built?
4040 Lake Ridge Dr was built in 1995.
How does 4040 Lake Ridge Dr compare to others on Lake Ridge Dr?
We track 8 other properties on Lake Ridge Dr. Browse the list under "Other properties on Lake Ridge Dr" to compare beds, baths, and sale history.
What are the property facts for 4040 Lake Ridge Dr?
4040 Lake Ridge Dr is a 2 bed, 1 bath, 905 sqft, 12,197 sqft lot single_family.
Is 4040 Lake Ridge Dr a flip candidate?
No — 4040 Lake Ridge Dr does not appear in our flips dataset.
Is 4040 Lake Ridge Dr a tax-appeal candidate?
No — 4040 Lake Ridge Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.1%
Implied 1-yr
+4.5%
2026 Q3
$400.1K
2026 Q4
$404.3K
ZIP 55309 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Ridge Dr