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1559 Sherman Lake Ct

Lino Lakes, MN 55038

5 bd 4 ba 4,000 sqft Built 1997 Lot 33,106 sqft single_family
Most recent sale
$790,000
Jul 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 25, 2022 Sold $790,000 MLS #6205211
Jun 27, 2022 Relisted $799,900 MLS #6205211
Jun 9, 2022 Listed $799,900 MLS #6205211
Sep 16, 2015 Sold $440,000 MLS #4586604
Aug 5, 2015 Sold $440,000 Public Record
May 21, 2015 Price changed $437,500 MLS #4586604
Apr 18, 2015 Listed $450,000 MLS #4586604

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $438,400 $144,000 $582,400 $7,537
2025 $441,000 $137,000 $578,000 $7,116
2023 $410,300 $126,700 $537,000 $6,026
2022 $340,900 $97,200 $438,100 $5,666
2021 $325,400 $108,000 $433,400 $5,764
2020 $325,400 $108,000 $433,400 $6,304
2019 $318,200 $109,400 $427,600 $6,262
2018 $318,200 $109,400 $427,600 $5,680
2017 $309,800 $112,500 $422,300 $5,639
2016 $287,800 $130,000 $417,800 $5,086
2015 $232,614 $111,537 $344,151 $5,124
2014 $236,738 $124,199 $360,937 $5,039
2013 $206,412 $107,982 $314,394 $5,207
2012 $211,811 $103,128 $314,939 $5,099
2011 $221,530 $109,541 $331,071 $5,291
2010 $236,800 $121,000 $357,800 $5,645
2009 $296,800 $128,100 $424,900 $5,868
2008 $318,800 $124,900 $443,700 $5,661
2007 $352,700 $87,500 $440,200 $5,586

Property facts

Year built
1997
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
4,000 sqft
Lot size
33,106 sqft
ZIP code
55038
City
Lino Lakes
Street
Sherman Lake Ct
Coordinates
45.15019, -93.06166

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,000
Gross rental yield
9.11%
Implied cap rate
5.92%
Trend-extrapolated value

Frequently asked questions

When did 1559 Sherman Lake Ct last sell?
1559 Sherman Lake Ct most recently sold on Jul 25, 2022 for $790,000.
What is the current tax assessment for 1559 Sherman Lake Ct?
The most recent total assessment for 1559 Sherman Lake Ct (year 2026) is $582,400 with $7,537 in property tax.
How does 1559 Sherman Lake Ct's assessment compare to its last sale price?
The current assessment is 26.3% below the last sale price of $790,000.
When was 1559 Sherman Lake Ct built?
1559 Sherman Lake Ct was built in 1997.
How does 1559 Sherman Lake Ct compare to others on Sherman Lake Ct?
We do not currently track other properties on Sherman Lake Ct.
What are the property facts for 1559 Sherman Lake Ct?
1559 Sherman Lake Ct is a 5 bed, 4 bath, 4,000 sqft, 33,106 sqft lot single_family.
Is 1559 Sherman Lake Ct a flip candidate?
No — 1559 Sherman Lake Ct does not appear in our flips dataset.
Is 1559 Sherman Lake Ct a tax-appeal candidate?
No — 1559 Sherman Lake Ct 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
-1.6%
Implied 1-yr
-6.2%
2026 Q3
$542.8K
2026 Q4
$533.4K
ZIP 55038 — Median Price History + Forecast

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