5498 Lake Sarah Heights Dr
Independence, MN 55357
4 bd 2 ba 1,932 sqft Built 1976 Lot 54,450 sqft single_family
Most recent sale
$585,000
Sep 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 29, 2022 | Sold | $585,000 | MLS #6251557 |
| Aug 26, 2022 | Listed | $575,000 | MLS #6251557 |
| Jun 21, 2014 | Listing removed | $329,900 | NorthstarMLS |
| Mar 16, 2012 | Listing removed | $394,900 | NorthstarMLS |
| Sep 23, 2009 | Sold | $306,500 | Public Record |
| Aug 5, 2009 | Listing removed | $319,900 | NorthstarMLS |
| May 27, 2009 | Listed | $319,900 | MLS #3690796 |
| Jan 17, 2009 | Listed | $349,900 | MLS #3637293 |
| Apr 4, 2008 | Listed | $394,900 | MLS #3522375 |
| Jul 13, 2007 | Listed | $399,900 | MLS #3409873 |
| Dec 4, 2006 | Listed | $414,900 | MLS #3300263 |
| May 31, 2006 | Listed | $430,000 | MLS #3210327 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $290,850 | $3,921 |
| 2019 | — | — | $271,230 | $4,091 |
| 2018 | — | — | $271,230 | $4,198 |
| 2017 | — | — | $266,870 | $3,955 |
| 2016 | — | — | $249,430 | $3,907 |
| 2015 | — | — | $237,440 | $3,452 |
| 2014 | — | — | $259,240 | $3,069 |
| 2013 | — | — | $221,090 | $2,964 |
| 2012 | — | — | $214,550 | $2,957 |
| 2011 | — | — | $226,540 | $3,381 |
| 2010 | $169,000 | $112,000 | $281,000 | $3,501 |
| 2009 | $178,000 | $119,000 | $297,000 | $3,640 |
| 2008 | $193,000 | $112,000 | $305,000 | $3,547 |
| 2007 | $191,000 | $135,000 | $326,000 | $4,021 |
Property facts
Year built
1976
Property type
single_family
Stories
4
Beds
4
Baths
2
Living area
1,932 sqft
Lot size
54,450 sqft
ZIP code
55357
City
Independence
Street
Lake Sarah Heights Dr
Coordinates
45.06177, -93.66407
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,898
Gross rental yield
5.94%
Implied cap rate
3.86%
Trend-extrapolated value
—
Frequently asked questions
When did 5498 Lake Sarah Heights Dr last sell?
5498 Lake Sarah Heights Dr most recently sold on Sep 29, 2022 for $585,000.
What is the current tax assessment for 5498 Lake Sarah Heights Dr?
The most recent total assessment for 5498 Lake Sarah Heights Dr (year 2020) is $290,850 with $3,921 in property tax.
How does 5498 Lake Sarah Heights Dr's assessment compare to its last sale price?
The current assessment is 50.3% below the last sale price of $585,000.
When was 5498 Lake Sarah Heights Dr built?
5498 Lake Sarah Heights Dr was built in 1976.
How does 5498 Lake Sarah Heights Dr compare to others on Lake Sarah Heights Dr?
We track 8 other properties on Lake Sarah Heights Dr. Browse the list under "Other properties on Lake Sarah Heights Dr" to compare beds, baths, and sale history.
What are the property facts for 5498 Lake Sarah Heights Dr?
5498 Lake Sarah Heights Dr is a 4 bed, 2 bath, 1,932 sqft, 54,450 sqft lot single_family.
Is 5498 Lake Sarah Heights Dr a flip candidate?
No — 5498 Lake Sarah Heights Dr does not appear in our flips dataset.
Is 5498 Lake Sarah Heights Dr a tax-appeal candidate?
No — 5498 Lake Sarah Heights Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-6.0%
Implied 1-yr
-24.1%
2026 Q3
$468.5K
2026 Q4
$422.1K