62537 Shorewood Ln
Madison Lake, MN 56063
3 bd 3 ba 2,984 sqft Built 1984 Lot 55,757 sqft single_family
Most recent sale
$886,000
Aug 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 3, 2022 | Sold | $886,000 | MLS #6200144 |
| May 23, 2022 | Listed | $865,000 | MLS #6200144 |
| Aug 16, 2002 | Sold | $290,000 | Public Record |
| Dec 19, 1988 | Sold | $95,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $412,600 | $227,700 | $640,300 | $5,956 |
| 2023 | $320,700 | $227,700 | $548,400 | $5,072 |
| 2022 | $214,600 | $227,700 | $442,300 | $6,544 |
| 2021 | $197,700 | $227,700 | $425,400 | $6,544 |
| 2020 | $197,700 | $227,700 | $425,400 | $6,296 |
| 2019 | — | — | $392,700 | $6,328 |
| 2018 | — | — | $401,300 | $6,304 |
| 2017 | $171,500 | $227,000 | $398,500 | $5,944 |
| 2016 | $144,900 | $225,500 | $370,400 | $5,920 |
| 2015 | $136,000 | $225,000 | $361,000 | $6,048 |
| 2014 | $141,700 | $225,300 | $367,000 | $6,248 |
| 2013 | $147,100 | $225,600 | $372,700 | $3,408 |
| 2012 | $146,800 | $225,600 | $372,400 | $3,512 |
| 2011 | $148,900 | $225,800 | $374,700 | $4,312 |
| 2009 | $165,300 | $227,700 | $393,000 | $4,466 |
Property facts
Year built
1984
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,984 sqft
Lot size
55,757 sqft
ZIP code
56063
City
Madison Lake
Street
Shorewood Ln
Coordinates
44.20115, -93.78879
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,476
Gross rental yield
6.06%
Implied cap rate
3.94%
Trend-extrapolated value
—
Frequently asked questions
When did 62537 Shorewood Ln last sell?
62537 Shorewood Ln most recently sold on Aug 3, 2022 for $886,000.
What is the current tax assessment for 62537 Shorewood Ln?
The most recent total assessment for 62537 Shorewood Ln (year 2025) is $640,300 with $5,956 in property tax.
How does 62537 Shorewood Ln's assessment compare to its last sale price?
The current assessment is 27.7% below the last sale price of $886,000.
When was 62537 Shorewood Ln built?
62537 Shorewood Ln was built in 1984.
How does 62537 Shorewood Ln compare to others on Shorewood Ln?
We track 6 other properties on Shorewood Ln. Browse the list under "Other properties on Shorewood Ln" to compare beds, baths, and sale history.
What are the property facts for 62537 Shorewood Ln?
62537 Shorewood Ln is a 3 bed, 3 bath, 2,984 sqft, 55,757 sqft lot single_family.
Is 62537 Shorewood Ln a flip candidate?
No — 62537 Shorewood Ln does not appear in our flips dataset.
Is 62537 Shorewood Ln a tax-appeal candidate?
No — 62537 Shorewood Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.9%
Implied 1-yr
-11.7%
2026 Q1
$333.7K
2026 Q2
$321.6K
ZIP 56063 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Shorewood Ln