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5815 Highway 194

Hermantown, MN 55811

4 bd 3 ba 2,354 sqft Built 1960 Lot 143,748 sqft single_family
Most recent sale
$370,000
Apr 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 12, 2024 Sold $476,500 LakeSuperiorAreaRealtors
Jun 7, 2024 Listed $449,900 LakeSuperiorAreaRealtors
Apr 25, 2022 Sold $370,000 MLS #142968
Mar 22, 2022 Listed $350,000 MLS #142968
Mar 18, 2022 Listed $350,000 MLS #6166290
Aug 26, 2020 Price changed $314,900 MLS #6089618
Aug 6, 2020 Price changed $312,500 MLS #6089618
Jul 21, 2020 Price changed $319,500 MLS #6089618
Jun 22, 2020 Price changed $324,500 MLS #6089618
Jun 5, 2020 Price changed $339,500 MLS #6089618
May 13, 2020 Price changed $344,500 MLS #6089618
Apr 30, 2020 Listed $354,500 MLS #6089618

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $349,516 $51,270 $400,786 $5,510
2023 $254,974 $44,596 $299,570 $4,384
2022 $235,418 $43,660 $279,078 $4,444
2021 $227,950 $42,735 $270,685 $4,202
2020 $287,978 $28,378 $316,356 $5,004
2019 $264,765 $27,066 $291,831 $4,532
2018 $251,435 $26,335 $277,770 $4,304
2017 $231,511 $26,094 $257,605 $3,904
2016 $231,500 $26,100 $257,600 $3,632
2015 $201,900 $36,400 $238,300 $3,466
2014 $191,000 $34,000 $225,000 $3,255
2013 $123,500 $32,000 $155,500 $1,940
2012 $123,500 $32,000 $155,500 $1,978
2011 $129,500 $33,500 $163,000 $1,834
2010 $147,400 $38,000 $185,400 $1,831
2009 $141,500 $40,700 $182,200 $1,738
2008 $141,500 $40,700 $182,200 $1,793
2007 $134,800 $38,800 $173,600 $1,780

Property facts

Year built
1960
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,354 sqft
Lot size
143,748 sqft
ZIP code
55811
City
Hermantown
Street
Highway 194
Coordinates
46.84573, -92.29284

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,531
Gross rental yield
11.45%
Implied cap rate
7.44%
Trend-extrapolated value

Frequently asked questions

When did 5815 Highway 194 last sell?
5815 Highway 194 most recently sold on Apr 25, 2022 for $370,000.
What is the current tax assessment for 5815 Highway 194?
The most recent total assessment for 5815 Highway 194 (year 2025) is $400,786 with $5,510 in property tax.
How does 5815 Highway 194's assessment compare to its last sale price?
The current assessment is 8.3% above the last sale price of $370,000.
When was 5815 Highway 194 built?
5815 Highway 194 was built in 1960.
How does 5815 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 5815 Highway 194?
5815 Highway 194 is a 4 bed, 3 bath, 2,354 sqft, 143,748 sqft lot single_family.
Is 5815 Highway 194 a flip candidate?
No — 5815 Highway 194 does not appear in our flips dataset.
Is 5815 Highway 194 a tax-appeal candidate?
No — 5815 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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