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M E Horseshoe Lake Rd

Merrifield, MN 56465

3 bd 2 ba 1,641 sqft Built 1972 Lot 341,510 sqft single_family
Most recent sale
$585,000
Apr 9, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 2, 2023 Sold $750,000 NorthstarMLS
Aug 11, 2022 Price changed $749,900 MLS #6228588
Jun 30, 2022 Listed $850,000 MLS #6228588
Apr 13, 2022 Listed $795,000 MLS #6178387
Apr 9, 2021 Sold $585,000 MLS #5705334
Mar 28, 2020 Listing removed $585,000 GreaterLakes
Sep 27, 2019 Listed $585,000 MLS #5291693

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $210,900 $701,500 $912,400 $5,198
2020 $128,800 $441,200 $570,000 $4,806
2019 $128,800 $441,200 $570,000 $4,262
2018 $112,600 $388,900 $501,500 $4,218
2017 $109,700 $386,300 $496,000 $4,242
2016 $111,100 $371,100 $482,200 $4,184
2015 $106,500 $341,400 $447,900 $3,942
2014 $109,400 $307,600 $417,000 $3,722
2013 $110,500 $409,600 $520,100 $4,473
2012 $110,400 $414,600 $525,000 $4,375
2011 $95,200 $544,100 $639,300 $5,066
2010 $92,200 $820,400 $912,600 $6,879
2004 $73,800 $390,400 $464,200 $3,780

Property facts

Year built
1972
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,641 sqft
Lot size
341,510 sqft
ZIP code
56465
City
Merrifield
Street
M E Horseshoe Lake Rd
Coordinates
46.58279, -94.10286

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,462
Gross rental yield
5.05%
Implied cap rate
3.28%
Trend-extrapolated value

Frequently asked questions

When did M E Horseshoe Lake Rd last sell?
M E Horseshoe Lake Rd most recently sold on Apr 9, 2021 for $585,000.
What is the current tax assessment for M E Horseshoe Lake Rd?
The most recent total assessment for M E Horseshoe Lake Rd (year 2025) is $912,400 with $5,198 in property tax.
How does M E Horseshoe Lake Rd's assessment compare to its last sale price?
The current assessment is 56.0% above the last sale price of $585,000.
When was M E Horseshoe Lake Rd built?
M E Horseshoe Lake Rd was built in 1972.
How does M E Horseshoe Lake Rd compare to others on M E Horseshoe Lake Rd?
We do not currently track other properties on M E Horseshoe Lake Rd.
What are the property facts for M E Horseshoe Lake Rd?
M E Horseshoe Lake Rd is a 3 bed, 2 bath, 1,641 sqft, 341,510 sqft lot single_family.
Is M E Horseshoe Lake Rd a flip candidate?
No — M E Horseshoe Lake Rd does not appear in our flips dataset.
Is M E Horseshoe Lake Rd a tax-appeal candidate?
Yes — M E Horseshoe Lake 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
-0.6%
Implied 1-yr
-2.2%
2026 Q1
$366.8K
2026 Q2
$364.7K
ZIP 56465 — Median Price History + Forecast

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