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5501 Sterling Dr

Big Lake, MN 55309

3 bd 2 ba 2,011 sqft Built 2002 Lot 13,504 sqft single_family
Most recent sale
$326,000
Apr 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2022 Sold $326,000 MLS #6153323
Feb 19, 2022 Listed $295,000 MLS #6153323
Sep 16, 2015 Sold $170,101 MLS #4579642
Jun 4, 2015 Sold $170,100 Public Record
Apr 2, 2015 Listed $169,900 MLS #4579642
Dec 24, 2014 Listing removed $174,900 NorthstarMLS
Sep 20, 2014 Listed $174,900 MLS #4529917
Sep 12, 2002 Sold $142,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $204,048 $77,056 $281,104 $3,550
2023 $208,777 $67,031 $275,808 $3,516
2022 $171,562 $45,495 $217,057 $3,230
2021 $162,449 $36,732 $199,181 $3,080
2020 $162,449 $36,732 $199,181 $3,002
2019 $153,538 $33,544 $187,082 $2,628
2018 $130,600 $29,995 $160,595 $2,512
2017 $119,573 $26,852 $146,425 $2,344
2016 $107,439 $23,508 $130,947 $2,322
2015 $106,800 $23,700 $130,500 $2,136
2014 $103,300 $23,500 $126,800 $1,968
2013 $88,300 $22,600 $110,900 $1,960
2012 $88,300 $22,600 $110,900 $1,872
2011 $87,400 $23,700 $111,100 $1,782
2010 $101,000 $38,100 $139,100 $2,044
2009 $106,600 $51,400 $158,000 $2,008
2008 $127,900 $55,600 $183,500 $2,092
2007 $127,900 $54,300 $182,200 $2,072

Property facts

Year built
2002
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,011 sqft
Lot size
13,504 sqft
ZIP code
55309
City
Big Lake
Street
Sterling Dr
Coordinates
45.35867, -93.75780

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
$3,017
Gross rental yield
11.11%
Implied cap rate
7.22%
Trend-extrapolated value

Frequently asked questions

When did 5501 Sterling Dr last sell?
5501 Sterling Dr most recently sold on Apr 15, 2022 for $326,000.
What is the current tax assessment for 5501 Sterling Dr?
The most recent total assessment for 5501 Sterling Dr (year 2025) is $281,104 with $3,550 in property tax.
How does 5501 Sterling Dr's assessment compare to its last sale price?
The current assessment is 13.8% below the last sale price of $326,000.
When was 5501 Sterling Dr built?
5501 Sterling Dr was built in 2002.
How does 5501 Sterling Dr compare to others on Sterling Dr?
We track 8 other properties on Sterling Dr. Browse the list under "Other properties on Sterling Dr" to compare beds, baths, and sale history.
What are the property facts for 5501 Sterling Dr?
5501 Sterling Dr is a 3 bed, 2 bath, 2,011 sqft, 13,504 sqft lot single_family.
Is 5501 Sterling Dr a flip candidate?
No — 5501 Sterling Dr does not appear in our flips dataset.
Is 5501 Sterling Dr a tax-appeal candidate?
No — 5501 Sterling Dr 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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