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15501 Wermager Beach Rd

Lake Park, MN 56554

5 bd 3 ba 3,298 sqft Built 1964 Lot 26,572 sqft single_family
Most recent sale
$1,010,000
Jun 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 15, 2022 Sold $1,010,000 MLS #6212229
Jun 10, 2022 Listed $1,099,000 MLS #6212229
Mar 3, 2022 Listed $1,099,000 MLS #22-725
Jun 10, 2014 Sold $460,000 Public Record
Feb 7, 2014 Listed $485,000 MLS #40-1020
Dec 11, 2009 Listed $495,000 MLS #0902183
May 16, 2009 Listed $495,000 MLS #46-11
Jul 13, 2006 Sold $470,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $641,300 $529,200 $1,170,500 $7,352
2024 $411,100 $511,400 $922,500 $6,004
2023 $324,300 $452,100 $776,400 $5,688
2022 $248,500 $394,300 $642,800 $5,342
2021 $210,700 $362,500 $573,200 $4,540
2020 $210,700 $362,500 $573,200 $4,084
2019 $166,500 $350,500 $517,000 $3,718
2018 $104,500 $350,500 $455,000 $3,812
2017 $122,400 $328,700 $451,100 $3,856
2016 $111,500 $328,700 $440,200 $3,768
2015 $113,300 $313,300 $426,600 $3,456
2014 $105,700 $273,600 $379,300 $3,354
2013 $103,200 $249,500 $352,700 $3,426
2012 $103,900 $249,500 $353,400 $3,580
2011 $104,600 $278,700 $383,300 $3,372
2009 $110,600 $278,700 $389,300 $2,950
2007 $112,059 $310,550 $422,609 $2,194

Property facts

Year built
1964
Property type
single_family
Stories
1
Beds
5
Baths
3
Living area
3,298 sqft
Lot size
26,572 sqft
ZIP code
56554
City
Lake Park
Street
Wermager Beach Rd
Coordinates
46.76971, -96.08090

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,947
Gross rental yield
5.88%
Implied cap rate
3.82%
Trend-extrapolated value

Frequently asked questions

When did 15501 Wermager Beach Rd last sell?
15501 Wermager Beach Rd most recently sold on Jun 15, 2022 for $1,010,000.
What is the current tax assessment for 15501 Wermager Beach Rd?
The most recent total assessment for 15501 Wermager Beach Rd (year 2025) is $1,170,500 with $7,352 in property tax.
How does 15501 Wermager Beach Rd's assessment compare to its last sale price?
The current assessment is 15.9% above the last sale price of $1,010,000.
When was 15501 Wermager Beach Rd built?
15501 Wermager Beach Rd was built in 1964.
How does 15501 Wermager Beach Rd compare to others on Wermager Beach Rd?
We track 8 other properties on Wermager Beach Rd. Browse the list under "Other properties on Wermager Beach Rd" to compare beds, baths, and sale history.
What are the property facts for 15501 Wermager Beach Rd?
15501 Wermager Beach Rd is a 5 bed, 3 bath, 3,298 sqft, 26,572 sqft lot single_family.
Is 15501 Wermager Beach Rd a flip candidate?
No — 15501 Wermager Beach Rd does not appear in our flips dataset.
Is 15501 Wermager Beach Rd a tax-appeal candidate?
Yes — 15501 Wermager Beach Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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