701 Lakeshore Dr
Lake City, MN 55041
3 bd 2 ba 2,239 sqft Built 1867 Lot 8,712 sqft single_family
Most recent sale
$375,000
Aug 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 17, 2022 | Sold | $375,000 | MLS #6234985 |
| Jun 9, 2022 | Price changed | $399,000 | MLS #6167665 |
| May 22, 2022 | Price changed | $409,900 | MLS #6167665 |
| May 6, 2022 | Price changed | $424,900 | MLS #6167665 |
| Apr 19, 2022 | Price changed | $429,900 | MLS #6167665 |
| Mar 22, 2022 | Listed | $447,900 | MLS #6167665 |
| Jan 17, 2022 | Listing removed | $425,000 | NorthstarMLS |
| Jan 15, 2022 | Listed | $425,000 | MLS #6142659 |
| Dec 18, 2021 | Listing removed | $419,000 | NorthstarMLS |
| Nov 29, 2021 | Price changed | $419,000 | MLS #6105491 |
| Nov 12, 2021 | Price changed | $429,000 | MLS #6105491 |
| Oct 23, 2021 | Price changed | $439,000 | MLS #6105491 |
| Sep 24, 2021 | Listed | $450,000 | MLS #6105491 |
| May 28, 2006 | Sold | $205,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $320,800 | $4,278 |
| 2023 | — | — | $315,900 | $4,320 |
| 2022 | $120,300 | $83,700 | $204,000 | $2,954 |
| 2021 | $108,300 | $86,200 | $194,500 | $2,890 |
| 2020 | $109,000 | $86,200 | $195,200 | $2,940 |
| 2019 | $97,700 | $86,200 | $183,900 | $2,902 |
| 2018 | $98,300 | $86,200 | $184,500 | $2,970 |
| 2017 | $99,000 | $86,200 | $185,200 | $2,892 |
| 2016 | $97,000 | $86,200 | $183,200 | $2,950 |
| 2015 | $97,500 | $103,500 | $201,000 | $3,166 |
| 2014 | $98,700 | $103,500 | $202,200 | $3,068 |
| 2013 | $99,300 | $103,500 | $202,800 | $3,024 |
| 2012 | $104,200 | $103,500 | $207,700 | $3,068 |
| 2011 | $93,000 | $103,500 | $196,500 | $2,738 |
| 2010 | $93,000 | $103,500 | $196,500 | $2,588 |
Property facts
Year built
1867
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,239 sqft
Lot size
8,712 sqft
ZIP code
55041
City
Lake City
Street
Lakeshore Dr
Coordinates
44.45371, -92.27418
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,359
Gross rental yield
10.75%
Implied cap rate
6.99%
Trend-extrapolated value
—
Frequently asked questions
When did 701 Lakeshore Dr last sell?
701 Lakeshore Dr most recently sold on Aug 17, 2022 for $375,000.
What is the current tax assessment for 701 Lakeshore Dr?
The most recent total assessment for 701 Lakeshore Dr (year 2025) is $320,800 with $4,278 in property tax.
How does 701 Lakeshore Dr's assessment compare to its last sale price?
The current assessment is 14.5% below the last sale price of $375,000.
When was 701 Lakeshore Dr built?
701 Lakeshore Dr was built in 1867.
How does 701 Lakeshore Dr compare to others on Lakeshore Dr?
We track 8 other properties on Lakeshore Dr. Browse the list under "Other properties on Lakeshore Dr" to compare beds, baths, and sale history.
What are the property facts for 701 Lakeshore Dr?
701 Lakeshore Dr is a 3 bed, 2 bath, 2,239 sqft, 8,712 sqft lot single_family.
Is 701 Lakeshore Dr a flip candidate?
No — 701 Lakeshore Dr does not appear in our flips dataset.
Is 701 Lakeshore Dr a tax-appeal candidate?
No — 701 Lakeshore 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
+8.5%
Implied 1-yr
+34.1%
2026 Q3
$595.5K
2026 Q4
$628.1K
ZIP 55041 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lakeshore Dr