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15216 Summer Island Rd

Lake Park, MN 56554

2 bd 1 ba 816 sqft Built 1980 Lot 11,812 sqft single_family
Most recent sale
$282,500
Dec 28, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 6, 2025 Sold $369,752 Public Record
Mar 28, 2025 Sold $483,500 NorthstarMLS
Feb 20, 2025 Price changed $529,000 NorthstarMLS
Jan 7, 2025 Price changed $559,000 NorthstarMLS
Oct 30, 2024 Price changed $575,000 NorthstarMLS
Oct 14, 2024 Listed $599,900 NorthstarMLS
Dec 28, 2021 Sold $282,500 MLS #20-35129
Nov 2, 2021 Price changed $300,000 MLS #21-5675
Oct 19, 2021 Listed $330,000 MLS #21-5675
Dec 1, 2006 Sold $160,000 Public Record
May 30, 2003 Sold $135,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $145,800 $181,800 $327,600 $1,812
2024 $135,000 $181,800 $316,800 $1,860
2023 $101,000 $153,500 $254,500 $1,716
2022 $78,200 $138,800 $217,000 $1,688
2021 $73,200 $132,800 $206,000 $1,560
2020 $73,200 $132,800 $206,000 $1,552
2019 $67,800 $132,800 $200,600 $1,466
2018 $60,700 $121,800 $182,500 $1,528
2017 $65,800 $116,800 $182,600 $1,538
2016 $60,700 $116,800 $177,500 $1,498
2015 $58,600 $116,700 $175,300 $1,332
2014 $54,300 $98,700 $153,000 $1,272
2012 $52,800 $94,800 $147,600 $1,268
2011 $50,300 $94,800 $145,100 $1,304
2009 $51,100 $116,400 $167,500 $1,014
2007 $49,952 $103,887 $153,839 $852

Property facts

Year built
1980
Property type
single_family
Stories
Beds
2
Baths
1
Living area
816 sqft
Lot size
11,812 sqft
ZIP code
56554
City
Lake Park
Street
Summer Island Rd
Coordinates
46.79367, -96.04181

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,224
Gross rental yield
5.20%
Implied cap rate
3.38%
Trend-extrapolated value

Frequently asked questions

When did 15216 Summer Island Rd last sell?
15216 Summer Island Rd most recently sold on Dec 28, 2021 for $282,500.
What is the current tax assessment for 15216 Summer Island Rd?
The most recent total assessment for 15216 Summer Island Rd (year 2025) is $327,600 with $1,812 in property tax.
How does 15216 Summer Island Rd's assessment compare to its last sale price?
The current assessment is 16.0% above the last sale price of $282,500.
When was 15216 Summer Island Rd built?
15216 Summer Island Rd was built in 1980.
How does 15216 Summer Island Rd compare to others on Summer Island Rd?
We track 8 other properties on Summer Island Rd. Browse the list under "Other properties on Summer Island Rd" to compare beds, baths, and sale history.
What are the property facts for 15216 Summer Island Rd?
15216 Summer Island Rd is a 2 bed, 1 bath, 816 sqft, 11,812 sqft lot single_family.
Is 15216 Summer Island Rd a flip candidate?
No — 15216 Summer Island Rd does not appear in our flips dataset.
Is 15216 Summer Island Rd a tax-appeal candidate?
No — 15216 Summer Island 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
+10.1%
Implied 1-yr
+40.5%
2026 Q1
$607.1K
2026 Q2
$644.2K
ZIP 56554 — Median Price History + Forecast

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