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42462 Highway 47

Isle, MN 56342

4 bd 3 ba 2,288 sqft Built 1978 Lot 54,450 sqft multi_family
Most recent sale
$235,000
Jul 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 8, 2022 Sold $235,000 MLS #6199982
May 21, 2022 Listed $259,900 MLS #6199982
Jul 13, 2021 Listing removed $224,900 GreaterLakes
Oct 16, 2020 Listed $224,900 MLS #5674815
Jan 1, 2016 Listing removed $164,900 GreaterLakes
Aug 28, 2015 Listing removed $164,900 NorthstarMLS
Jul 1, 2015 Listed $164,900 MLS #4619193

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $200,800 $46,000 $246,800 $2,386
2025 $187,800 $44,000 $231,800 $2,294
2023 $200,800 $35,000 $235,800 $2,384
2022 $113,700 $31,000 $144,700 $1,760
2021 $110,200 $31,000 $141,200 $1,606
2020 $110,200 $31,000 $141,200 $1,560
2019 $95,500 $31,000 $126,500 $1,654
2018 $107,100 $31,000 $138,100 $1,430
2017 $93,300 $27,000 $120,300 $1,292
2016 $80,100 $27,000 $107,100 $1,430
2015 $88,600 $25,000 $113,600 $1,524
2014 $91,400 $25,000 $116,400 $1,562
2013 $92,300 $25,000 $117,300 $1,558
2012 $93,200 $25,000 $118,200 $1,634
2011 $94,100 $25,000 $119,100 $1,576
2010 $105,000 $25,000 $130,000 $1,474

Property facts

Year built
1978
Property type
multi_family
Stories
1
Beds
4
Baths
3
Living area
2,288 sqft
Lot size
54,450 sqft
ZIP code
56342
City
Isle
Street
Highway 47
Coordinates
46.16055, -93.46477

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,410
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 42462 Highway 47 last sell?
42462 Highway 47 most recently sold on Jul 8, 2022 for $235,000.
What is the current tax assessment for 42462 Highway 47?
The most recent total assessment for 42462 Highway 47 (year 2026) is $246,800 with $2,386 in property tax.
How does 42462 Highway 47's assessment compare to its last sale price?
The current assessment is 5.0% above the last sale price of $235,000.
When was 42462 Highway 47 built?
42462 Highway 47 was built in 1978.
How does 42462 Highway 47 compare to others on Highway 47?
We track 8 other properties on Highway 47. Browse the list under "Other properties on Highway 47" to compare beds, baths, and sale history.
What are the property facts for 42462 Highway 47?
42462 Highway 47 is a 4 bed, 3 bath, 2,288 sqft, 54,450 sqft lot multi_family.
Is 42462 Highway 47 a flip candidate?
No — 42462 Highway 47 does not appear in our flips dataset.
Is 42462 Highway 47 a tax-appeal candidate?
No — 42462 Highway 47 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
+8.0%
Implied 1-yr
+31.8%
2026 Q3
$626.3K
2026 Q4
$626.3K
ZIP 56342 — Median Price History + Forecast

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