40556 Bay Dr
Emily, MN 56447
3 bd 3 ba 2,496 sqft Built 2004 Lot 25,265 sqft single_family
Most recent sale
$675,000
Jul 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 25, 2022 | Sold | $675,000 | MLS #6200788 |
| May 23, 2022 | Listed | $689,900 | MLS #6200788 |
| Mar 31, 2012 | Listing removed | $499,900 | NorthstarMLS |
| Mar 11, 2010 | Sold | $320,000 | MLS #4291383 |
| Feb 17, 2010 | Sold | $320,000 | MLS #187742 |
| Feb 1, 2010 | Listed | $319,900 | MLS #4291383 |
| Jul 27, 2009 | Listed | $499,900 | MLS #4287742 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $453,300 | $330,100 | $783,400 | $6,044 |
| 2023 | $441,700 | $247,000 | $688,700 | $5,090 |
| 2022 | $270,200 | $198,900 | $469,100 | $4,192 |
| 2021 | $248,300 | $245,600 | $493,900 | $4,500 |
| 2020 | $248,300 | $245,600 | $493,900 | $4,418 |
| 2019 | $252,900 | $221,400 | $474,300 | $4,016 |
| 2018 | — | — | $474,300 | $3,618 |
| 2017 | $211,864 | $164,551 | $376,415 | $3,556 |
| 2016 | $212,300 | $159,101 | $371,401 | $3,362 |
| 2015 | $193,500 | $166,500 | $360,000 | $2,880 |
| 2014 | — | — | $294,400 | $2,890 |
| 2013 | $169,900 | $136,800 | $306,700 | $2,930 |
| 2012 | $185,200 | $141,800 | $327,000 | $3,082 |
| 2011 | $203,100 | $182,300 | $385,400 | $4,252 |
| 2010 | $254,500 | $224,900 | $479,400 | $4,156 |
| 2004 | — | $60,000 | $60,000 | $431 |
Property facts
Year built
2004
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,496 sqft
Lot size
25,265 sqft
ZIP code
56447
City
Emily
Street
Bay Dr
Coordinates
46.73881, -93.96153
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,744
Gross rental yield
6.66%
Implied cap rate
4.33%
Trend-extrapolated value
—
Frequently asked questions
When did 40556 Bay Dr last sell?
40556 Bay Dr most recently sold on Jul 25, 2022 for $675,000.
What is the current tax assessment for 40556 Bay Dr?
The most recent total assessment for 40556 Bay Dr (year 2025) is $783,400 with $6,044 in property tax.
How does 40556 Bay Dr's assessment compare to its last sale price?
The current assessment is 16.1% above the last sale price of $675,000.
When was 40556 Bay Dr built?
40556 Bay Dr was built in 2004.
How does 40556 Bay Dr compare to others on Bay Dr?
We track 8 other properties on Bay Dr. Browse the list under "Other properties on Bay Dr" to compare beds, baths, and sale history.
What are the property facts for 40556 Bay Dr?
40556 Bay Dr is a 3 bed, 3 bath, 2,496 sqft, 25,265 sqft lot single_family.
Is 40556 Bay Dr a flip candidate?
No — 40556 Bay Dr does not appear in our flips dataset.
Is 40556 Bay Dr a tax-appeal candidate?
Yes — 40556 Bay Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.9%
Implied 1-yr
+7.7%
2026 Q2
$271.5K
2026 Q3
$276.2K
ZIP 56447 — Median Price History + Forecast
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