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502 Doran Dr

Madison Lake, MN 56063

1 bd 1 ba 1,056 sqft Built 1950 Lot 7,405 sqft single_family
Most recent sale
$330,000
May 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 19, 2022 Sold $330,000 MLS #7029618
Apr 27, 2022 Listed $299,900 MLS #7029618
Aug 16, 1999 Sold $45,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $176,100 $100,500 $276,600 $3,624
2023 $74,300 $86,500 $160,800 $2,340
2022 $62,700 $86,500 $149,200 $5,060
2021 $62,500 $86,500 $149,000 $4,950
2020 $56,600 $86,500 $143,100 $4,802
2019 $52,900 $86,500 $139,400 $4,802
2018 $52,900 $86,500 $139,400 $4,402
2017 $48,800 $86,500 $135,300 $4,334
2016 $47,700 $86,500 $134,200 $4,276
2014 $39,300 $109,800 $149,100 $1,666
2013 $39,900 $109,800 $149,700 $1,162
2012 $41,400 $109,800 $151,200 $1,194
2009 $44,200 $109,800 $154,000 $1,046

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
1,056 sqft
Lot size
7,405 sqft
ZIP code
56063
City
Madison Lake
Street
Doran Dr
Coordinates
44.22269, -93.82170

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,584
Gross rental yield
5.76%
Implied cap rate
3.74%
Trend-extrapolated value

Frequently asked questions

When did 502 Doran Dr last sell?
502 Doran Dr most recently sold on May 19, 2022 for $330,000.
What is the current tax assessment for 502 Doran Dr?
The most recent total assessment for 502 Doran Dr (year 2025) is $276,600 with $3,624 in property tax.
How does 502 Doran Dr's assessment compare to its last sale price?
The current assessment is 16.2% below the last sale price of $330,000.
When was 502 Doran Dr built?
502 Doran Dr was built in 1950.
How does 502 Doran Dr compare to others on Doran Dr?
We track 8 other properties on Doran Dr. Browse the list under "Other properties on Doran Dr" to compare beds, baths, and sale history.
What are the property facts for 502 Doran Dr?
502 Doran Dr is a 1 bed, 1 bath, 1,056 sqft, 7,405 sqft lot single_family.
Is 502 Doran Dr a flip candidate?
No — 502 Doran Dr does not appear in our flips dataset.
Is 502 Doran Dr a tax-appeal candidate?
No — 502 Doran Dr 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
-2.9%
Implied 1-yr
-11.7%
2026 Q1
$333.7K
2026 Q2
$321.6K
ZIP 56063 — Median Price History + Forecast

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