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1241 Vernon St

Big Lake, MN 55309

3 bd 2 ba 1,756 sqft Built 1988 Lot 23,087 sqft single_family
Most recent sale
$290,000
Sep 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 1, 2022 Sold $290,000 MLS #6231016
Jul 14, 2022 Listed $290,000 MLS #6231016
Feb 7, 2019 Listing removed $185,900 NorthstarMLS
Jan 10, 2019 Sold $187,000 Public Record
Jan 2, 2018 Listing removed $185,900 NorthstarMLS
Oct 23, 2017 Price changed $185,900 MLS #4849100
Aug 7, 2017 Price changed $189,900 MLS #4849100
Jun 30, 2017 Listed $199,900 MLS #4849100
Mar 31, 2010 Sold $127,000 MLS #3867575
Jan 5, 2010 Listed $130,000 MLS #3867575
Dec 15, 2003 Sold $167,000 Public Record
Jul 12, 1999 Sold $121,200 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $189,200 $92,122 $281,322 $3,552
2023 $180,991 $79,339 $260,330 $3,322
2022 $147,983 $53,160 $201,143 $2,996
2021 $146,035 $42,791 $188,826 $2,922
2020 $146,035 $42,791 $188,826 $2,760
2019 $134,540 $37,173 $171,713 $2,578
2018 $123,937 $33,497 $157,434 $2,372
2017 $108,331 $29,701 $138,032 $2,278
2016 $100,933 $26,308 $127,241 $2,118
2015 $94,900 $23,800 $118,700 $1,928
2014 $90,600 $23,600 $114,200 $1,766
2013 $76,800 $22,600 $99,400 $1,720
2012 $74,600 $22,400 $97,000 $1,754
2011 $79,900 $24,000 $103,900 $1,782
2010 $99,800 $39,300 $139,100 $2,052
2009 $119,700 $53,200 $172,900 $1,976
2008 $128,500 $55,600 $184,100 $2,100
2007 $128,500 $44,400 $172,900 $1,946

Property facts

Year built
1988
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,756 sqft
Lot size
23,087 sqft
ZIP code
55309
City
Big Lake
Street
Vernon St
Coordinates
45.34564, -93.73614

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
$2,634
Gross rental yield
10.90%
Implied cap rate
7.08%
Trend-extrapolated value

Frequently asked questions

When did 1241 Vernon St last sell?
1241 Vernon St most recently sold on Sep 1, 2022 for $290,000.
What is the current tax assessment for 1241 Vernon St?
The most recent total assessment for 1241 Vernon St (year 2025) is $281,322 with $3,552 in property tax.
How does 1241 Vernon St's assessment compare to its last sale price?
The current assessment is 3.0% below the last sale price of $290,000.
When was 1241 Vernon St built?
1241 Vernon St was built in 1988.
How does 1241 Vernon St compare to others on Vernon St?
We track 6 other properties on Vernon St. Browse the list under "Other properties on Vernon St" to compare beds, baths, and sale history.
What are the property facts for 1241 Vernon St?
1241 Vernon St is a 3 bed, 2 bath, 1,756 sqft, 23,087 sqft lot single_family.
Is 1241 Vernon St a flip candidate?
No — 1241 Vernon St does not appear in our flips dataset.
Is 1241 Vernon St a tax-appeal candidate?
No — 1241 Vernon St 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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