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187 Peninsula Rd

Medicine Lake, MN 55441

4 bd 3 ba 2,554 sqft Built 1934 Lot 21,344 sqft single_family
Most recent sale
$1,367,500
Jun 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 23, 2022 Sold $1,367,500 MLS #6196686
May 18, 2022 Listed $1,050,000 MLS #6196686
Jan 8, 2019 Sold $875,000 Public Record
Mar 1, 1987 Sold $230,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $506,800 $865,000 $1,371,800 $19,177
2024 $516,500 $806,300 $1,322,800 $18,003
2023 $366,000 $700,000 $1,066,000 $14,957
2022 $304,000 $608,000 $912,000 $14,464
2021 $293,000 $587,000 $880,000 $13,664
2020 $293,000 $587,000 $880,000 $11,696
2019 $197,000 $540,000 $737,000 $10,980
2018 $199,000 $525,000 $724,000 $11,319
2017 $199,000 $525,000 $724,000 $10,405
2016 $195,000 $525,000 $720,000 $9,801
2015 $191,000 $460,000 $651,000 $10,127
2014 $190,000 $496,000 $686,000 $9,503
2013 $185,000 $443,000 $628,000 $9,326
2012 $192,000 $419,000 $611,000 $10,713
2011 $194,000 $527,000 $721,000 $11,087
2010 $200,000 $558,000 $758,000 $11,004
2009 $214,000 $592,000 $806,000 $10,554
2008 $202,000 $609,000 $811,000 $10,508
2007 $237,500 $504,200 $741,700 $9,028

Property facts

Year built
1934
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,554 sqft
Lot size
21,344 sqft
ZIP code
55441
City
Medicine Lake
Street
Peninsula Rd
Coordinates
45.00055, -93.42060

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$8,205
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 187 Peninsula Rd last sell?
187 Peninsula Rd most recently sold on Jun 23, 2022 for $1,367,500.
What is the current tax assessment for 187 Peninsula Rd?
The most recent total assessment for 187 Peninsula Rd (year 2025) is $1,371,800 with $19,177 in property tax.
How does 187 Peninsula Rd's assessment compare to its last sale price?
The current assessment is 0.3% above the last sale price of $1,367,500.
When was 187 Peninsula Rd built?
187 Peninsula Rd was built in 1934.
How does 187 Peninsula Rd compare to others on Peninsula Rd?
We track 8 other properties on Peninsula Rd. Browse the list under "Other properties on Peninsula Rd" to compare beds, baths, and sale history.
What are the property facts for 187 Peninsula Rd?
187 Peninsula Rd is a 4 bed, 3 bath, 2,554 sqft, 21,344 sqft lot single_family.
Is 187 Peninsula Rd a flip candidate?
No — 187 Peninsula Rd does not appear in our flips dataset.
Is 187 Peninsula Rd a tax-appeal candidate?
No — 187 Peninsula 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
-0.2%
Implied 1-yr
-0.7%
2026 Q3
$563.7K
2026 Q4
$562.7K
ZIP 55441 — Median Price History + Forecast

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