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5020 Thompson Rd

Hermantown, MN 55811

3 bd 2 ba 1,776 sqft Built 1973 Lot 145,055 sqft single_family
Most recent sale
$285,000
Dec 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 16, 2022 Sold $285,000 LakeSuperiorAreaRealtors
Oct 12, 2022 Listed $299,000 LakeSuperiorAreaRealtors

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $254,489 $55,827 $310,316 $4,268
2025 $211,334 $50,150 $261,484 $3,620
2023 $179,565 $48,828 $228,393 $3,358
2022 $151,689 $45,094 $196,783 $3,154
2021 $146,844 $44,053 $190,897 $2,984
2020 $142,428 $66,127 $208,555 $3,324
2019 $141,480 $58,246 $199,726 $3,124
2018 $127,919 $50,879 $178,798 $2,796
2017 $120,408 $47,272 $167,680 $2,566
2016 $120,400 $47,300 $167,700 $2,384
2015 $107,200 $35,800 $143,000 $2,098
2014 $100,900 $33,500 $134,400 $1,956
2013 $100,900 $33,500 $134,400 $1,681
2011 $106,000 $34,900 $140,900 $1,592
2010 $124,000 $40,800 $164,800 $1,588
2009 $134,200 $42,800 $177,000 $1,679
2008 $134,200 $42,800 $177,000 $1,731
2007 $127,800 $40,800 $168,600 $1,719

Property facts

Year built
1973
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,776 sqft
Lot size
145,055 sqft
ZIP code
55811
City
Hermantown
Street
Thompson Rd
Coordinates
46.76908, -92.20874

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,664
Gross rental yield
11.22%
Implied cap rate
7.29%
Trend-extrapolated value

Frequently asked questions

When did 5020 Thompson Rd last sell?
5020 Thompson Rd most recently sold on Dec 16, 2022 for $285,000.
What is the current tax assessment for 5020 Thompson Rd?
The most recent total assessment for 5020 Thompson Rd (year 2026) is $310,316 with $4,268 in property tax.
How does 5020 Thompson Rd's assessment compare to its last sale price?
The current assessment is 8.9% above the last sale price of $285,000.
When was 5020 Thompson Rd built?
5020 Thompson Rd was built in 1973.
How does 5020 Thompson Rd compare to others on Thompson Rd?
We track 8 other properties on Thompson Rd. Browse the list under "Other properties on Thompson Rd" to compare beds, baths, and sale history.
What are the property facts for 5020 Thompson Rd?
5020 Thompson Rd is a 3 bed, 2 bath, 1,776 sqft, 145,055 sqft lot single_family.
Is 5020 Thompson Rd a flip candidate?
No — 5020 Thompson Rd does not appear in our flips dataset.
Is 5020 Thompson Rd a tax-appeal candidate?
No — 5020 Thompson Rd 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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