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5695 Highway 194

Hermantown, MN 55811

2 bd 2 ba 1,994 sqft Built 1958 Lot 49,658 sqft single_family
Most recent sale
$240,000
Jul 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 15, 2022 Sold $240,000 Public Record
Jul 13, 2022 Sold $240,000 MLS #6177627
May 10, 2022 Price changed $259,000 MLS #6177627
Apr 29, 2022 Listed $275,000 MLS #143200
Apr 12, 2022 Listed $275,000 MLS #6177627

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $184,480 $25,883 $210,363 $4,352
2023 $129,526 $23,766 $153,292 $3,700
2022 $118,736 $23,765 $142,501 $3,728
2021 $114,808 $23,442 $138,250 $3,606
2020 $113,834 $24,743 $138,577 $3,658
2019 $113,701 $24,113 $137,814 $3,604
2018 $102,570 $23,036 $125,606 $3,412
2017 $96,252 $22,487 $118,739 $3,264
2016 $96,200 $22,500 $118,700 $3,130
2015 $105,400 $23,700 $129,100 $3,326
2014 $99,000 $22,400 $121,400 $3,196
2013 $99,000 $22,400 $121,400 $2,948
2012 $99,000 $22,400 $121,400 $2,975
2011 $104,000 $23,100 $127,100 $2,867
2010 $124,600 $27,600 $152,200 $2,866
2009 $128,700 $30,000 $158,700 $2,894
2008 $128,700 $30,000 $158,700 $1,516
2007 $122,600 $28,600 $151,200 $1,505

Property facts

Year built
1958
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,994 sqft
Lot size
49,658 sqft
ZIP code
55811
City
Hermantown
Street
Highway 194
Coordinates
46.84443, -92.27958

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,440
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5695 Highway 194 last sell?
5695 Highway 194 most recently sold on Jul 13, 2022 for $240,000.
What is the current tax assessment for 5695 Highway 194?
The most recent total assessment for 5695 Highway 194 (year 2025) is $210,363 with $4,352 in property tax.
How does 5695 Highway 194's assessment compare to its last sale price?
The current assessment is 12.3% below the last sale price of $240,000.
When was 5695 Highway 194 built?
5695 Highway 194 was built in 1958.
How does 5695 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 5695 Highway 194?
5695 Highway 194 is a 2 bed, 2 bath, 1,994 sqft, 49,658 sqft lot single_family.
Is 5695 Highway 194 a flip candidate?
No — 5695 Highway 194 does not appear in our flips dataset.
Is 5695 Highway 194 a tax-appeal candidate?
No — 5695 Highway 194 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
+4.8%
Implied 1-yr
+19.2%
2026 Q3
$482.6K
2026 Q4
$500.2K
ZIP 55811 — Median Price History + Forecast

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