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623 Norwood Ln

Big Lake, MN 55309

2 bd 2 ba 2,168 sqft Built 2001 Lot 3,920 sqft single_family
Most recent sale
$299,000
Apr 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 18, 2023 Sold $300,000 Public Record
Sep 15, 2023 Sold $300,000 NorthstarMLS
Apr 8, 2022 Sold $299,000 MLS #6138685
Feb 3, 2022 Price changed $299,900 MLS #6138685
Jan 3, 2022 Listed $319,900 MLS #6138685
Apr 6, 2017 Sold $165,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $223,747 $49,836 $273,583 $3,456
2023 $211,954 $55,788 $267,742 $3,414
2022 $172,584 $41,312 $213,896 $3,182
2021 $162,730 $37,214 $199,944 $3,090
2020 $160,740 $35,171 $195,911 $3,140
2019 $138,608 $32,124 $170,732 $2,790
2018 $124,651 $27,224 $151,875 $2,604
2017 $119,501 $26,488 $145,989 $2,606
2016 $111,000 $17,300 $128,300 $2,284
2015 $107,600 $20,300 $127,900 $2,154
2014 $94,600 $19,700 $114,300 $2,026
2013 $94,600 $19,700 $114,300 $2,018
2012 $101,000 $20,800 $121,800 $2,046
2011 $121,200 $32,400 $153,600 $2,006
2010 $121,200 $32,400 $153,600 $2,246
2009 $142,900 $43,400 $186,300 $2,158
2008 $150,400 $45,300 $195,700 $2,254
2007 $144,700 $45,300 $190,000 $2,176

Property facts

Year built
2001
Property type
single_family
Stories
Beds
2
Baths
2
Living area
2,168 sqft
Lot size
3,920 sqft
ZIP code
55309
City
Big Lake
Street
Norwood Ln
Coordinates
45.32619, -93.75450

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,252
Gross rental yield
13.05%
Implied cap rate
8.48%
Trend-extrapolated value

Frequently asked questions

When did 623 Norwood Ln last sell?
623 Norwood Ln most recently sold on Apr 8, 2022 for $299,000.
What is the current tax assessment for 623 Norwood Ln?
The most recent total assessment for 623 Norwood Ln (year 2025) is $273,583 with $3,456 in property tax.
How does 623 Norwood Ln's assessment compare to its last sale price?
The current assessment is 8.5% below the last sale price of $299,000.
When was 623 Norwood Ln built?
623 Norwood Ln was built in 2001.
How does 623 Norwood Ln compare to others on Norwood Ln?
We track 8 other properties on Norwood Ln. Browse the list under "Other properties on Norwood Ln" to compare beds, baths, and sale history.
What are the property facts for 623 Norwood Ln?
623 Norwood Ln is a 2 bed, 2 bath, 2,168 sqft, 3,920 sqft lot single_family.
Is 623 Norwood Ln a flip candidate?
No — 623 Norwood Ln does not appear in our flips dataset.
Is 623 Norwood Ln a tax-appeal candidate?
No — 623 Norwood Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.1%
Implied 1-yr
+4.5%
2026 Q3
$400.1K
2026 Q4
$404.3K
ZIP 55309 — Median Price History + Forecast

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