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5297 Vermilion Trl

Gilbert, MN 55741

3 bd 2 ba 2,936 sqft Built 1985 Lot 653,400 sqft single_family
Most recent sale
$365,000
Sep 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 16, 2025 Price changed $579,500 NorthstarMLS
Jun 30, 2025 Price changed $598,900 NorthstarMLS
Apr 24, 2025 Price changed $610,000 NorthstarMLS
Apr 20, 2025 Price changed $642,000 LakeSuperiorAreaRealtors
Mar 25, 2025 Price changed $663,500 NorthstarMLS
Feb 22, 2025 Price changed $690,000 NorthstarMLS
Feb 3, 2025 Price changed $795,000 NorthstarMLS
Jan 20, 2025 Listed $849,000 NorthstarMLS
Oct 21, 2024 Price changed $599,000 NorthstarMLS
Sep 7, 2024 Price changed $665,000 NorthstarMLS
Aug 27, 2024 Price changed $699,500 NorthstarMLS
Aug 8, 2024 Price changed $739,900 NorthstarMLS
Jul 31, 2024 Listed $749,900 NorthstarMLS
Jul 30, 2024 Listed $749,900 LakeSuperiorAreaRealtors
Oct 3, 2022 Sold $365,000 Public Record
Sep 27, 2022 Sold $365,000 MLS #6101977
Jun 1, 2022 Listed $369,900 MLS #6101977

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $212,522 $133,055 $345,577 $3,524
2025 $204,662 $128,526 $333,188 $3,404
2023 $187,129 $124,949 $312,078 $3,608
2022 $187,129 $124,949 $312,078 $4,190
2021 $168,590 $124,060 $292,650 $3,906
2020 $168,590 $124,060 $292,650 $3,906
2019 $168,159 $117,924 $286,083 $3,862
2018 $168,159 $117,924 $286,083 $3,396
2017 $135,453 $108,097 $243,550 $3,342
2016 $135,453 $108,097 $243,550 $3,250
2015 $135,400 $108,100 $243,500 $3,566
2014 $135,400 $108,100 $243,500 $3,909
2013 $175,100 $116,300 $291,400 $3,939
2012 $175,100 $116,300 $291,400 $4,396
2011 $195,800 $128,600 $324,400 $3,966
2010 $200,300 $131,500 $331,800 $3,905
2009 $210,700 $137,800 $348,500 $4,132
2008 $210,700 $137,800 $348,500 $4,147
2007 $161,200 $110,300 $271,500 $3,336

Property facts

Year built
1985
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,936 sqft
Lot size
653,400 sqft
ZIP code
55741
City
Gilbert
Street
Vermilion Trl
Coordinates
47.50312, -92.33799

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,190
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5297 Vermilion Trl last sell?
5297 Vermilion Trl most recently sold on Sep 27, 2022 for $365,000.
What is the current tax assessment for 5297 Vermilion Trl?
The most recent total assessment for 5297 Vermilion Trl (year 2026) is $345,577 with $3,524 in property tax.
How does 5297 Vermilion Trl's assessment compare to its last sale price?
The current assessment is 5.3% below the last sale price of $365,000.
When was 5297 Vermilion Trl built?
5297 Vermilion Trl was built in 1985.
How does 5297 Vermilion Trl compare to others on Vermilion Trl?
We track 8 other properties on Vermilion Trl. Browse the list under "Other properties on Vermilion Trl" to compare beds, baths, and sale history.
What are the property facts for 5297 Vermilion Trl?
5297 Vermilion Trl is a 3 bed, 2 bath, 2,936 sqft, 653,400 sqft lot single_family.
Is 5297 Vermilion Trl a flip candidate?
No — 5297 Vermilion Trl does not appear in our flips dataset.
Is 5297 Vermilion Trl a tax-appeal candidate?
No — 5297 Vermilion Trl 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
+3.2%
Implied 1-yr
+12.9%
2026 Q2
$245.6K
2026 Q3
$252.2K
ZIP 55741 — Median Price History + Forecast

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