5591 Highway 194
Hermantown, MN 55811
4 bd 3 ba 2,600 sqft Built 1959 Lot 1,601,266 sqft single_family
Most recent sale
$475,000
Sep 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 12, 2022 | Sold | $475,000 | MLS #6103563 |
| Jun 16, 2022 | Listed | $475,000 | MLS #6220549 |
| Jun 20, 2014 | Sold | $140,700 | MLS #155051 |
| Feb 22, 2011 | Price changed | $188,900 | MLS #155051 |
| Jan 31, 2011 | Price changed | $194,900 | MLS #155051 |
| Jan 7, 2011 | Relisted | $219,900 | MLS #155051 |
| Dec 23, 2010 | Listing removed | $219,900 | LakeSuperiorAreaRealtors |
| Nov 1, 2010 | Price changed | $219,900 | MLS #155051 |
| Oct 11, 2010 | Price changed | $226,900 | MLS #155051 |
| Sep 20, 2010 | Price changed | $229,900 | MLS #155051 |
| Aug 30, 2010 | Listed | $233,900 | MLS #155051 |
| Apr 27, 2007 | Sold | $256,000 | MLS #3298580 |
| Nov 29, 2006 | Listed | $252,000 | MLS #3298580 |
| Nov 12, 2006 | Listing removed | $255,000 | LakeSuperiorAreaRealtors |
| Aug 11, 2006 | Listed | $255,000 | MLS #128299 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $321,569 | $55,891 | $377,460 | $5,194 |
| 2023 | $267,839 | $49,062 | $316,901 | $4,634 |
| 2022 | $247,406 | $47,913 | $295,319 | $4,698 |
| 2021 | $239,717 | $46,882 | $286,599 | $4,444 |
| 2020 | $239,717 | $46,882 | $286,599 | $3,762 |
| 2019 | $197,592 | $39,085 | $236,677 | $3,642 |
| 2018 | $197,242 | $36,383 | $233,625 | $3,320 |
| 2017 | $179,451 | $33,682 | $213,133 | $3,074 |
| 2016 | $169,406 | $32,391 | $201,797 | $2,858 |
| 2015 | $169,400 | $32,400 | $201,800 | $2,892 |
| 2014 | $160,000 | $38,300 | $198,300 | $2,431 |
| 2013 | $132,400 | $35,100 | $167,500 | $2,088 |
| 2012 | $132,400 | $35,100 | $167,500 | $2,126 |
| 2011 | $138,800 | $36,600 | $175,400 | $1,952 |
| 2010 | $155,800 | $41,100 | $196,900 | $1,968 |
| 2009 | $158,400 | $43,400 | $201,800 | $1,974 |
| 2008 | $158,400 | $43,400 | $201,800 | $2,034 |
| 2007 | $150,800 | $43,100 | $193,900 | $2,030 |
Property facts
Year built
1959
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,600 sqft
Lot size
1,601,266 sqft
ZIP code
55811
City
Hermantown
Street
Highway 194
Coordinates
46.84493, -92.26827
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,900
Gross rental yield
9.85%
Implied cap rate
6.40%
Trend-extrapolated value
—
Frequently asked questions
When did 5591 Highway 194 last sell?
5591 Highway 194 most recently sold on Sep 12, 2022 for $475,000.
What is the current tax assessment for 5591 Highway 194?
The most recent total assessment for 5591 Highway 194 (year 2025) is $377,460 with $5,194 in property tax.
How does 5591 Highway 194's assessment compare to its last sale price?
The current assessment is 20.5% below the last sale price of $475,000.
When was 5591 Highway 194 built?
5591 Highway 194 was built in 1959.
How does 5591 Highway 194 compare to others on Highway 194?
We track 8 other properties on Highway 194. Browse the list under "Other properties on Highway 194" to compare beds, baths, and sale history.
What are the property facts for 5591 Highway 194?
5591 Highway 194 is a 4 bed, 3 bath, 2,600 sqft, 1,601,266 sqft lot single_family.
Is 5591 Highway 194 a flip candidate?
No — 5591 Highway 194 does not appear in our flips dataset.
Is 5591 Highway 194 a tax-appeal candidate?
No — 5591 Highway 194 is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.8%
Implied 1-yr
+19.2%
2026 Q3
$482.6K
2026 Q4
$500.2K
ZIP 55811 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Highway 194