27123 Shelstad Ln
Merrifield, MN 56465
4 bd 3 ba 1,853 sqft Built 1975 Lot 35,284 sqft single_family
Most recent sale
$480,000
Oct 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 13, 2022 | Sold | $480,000 | MLS #6255514 |
| Sep 9, 2022 | Relisted | $449,500 | MLS #6255514 |
| Aug 31, 2022 | Listed | $449,500 | MLS #6255514 |
| Jun 9, 2022 | Listed | $449,500 | MLS #6216264 |
| Jan 1, 2017 | Sold | $110,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $220,500 | $257,000 | $477,500 | $2,540 |
| 2025 | $226,400 | $228,200 | $454,600 | $1,916 |
| 2023 | $105,000 | $179,200 | $284,200 | $1,484 |
| 2022 | $65,300 | $178,700 | $244,000 | $1,686 |
| 2021 | $61,000 | $120,000 | $181,000 | $1,312 |
| 2020 | $59,600 | $150,200 | $209,800 | $1,588 |
| 2019 | $59,600 | $150,200 | $209,800 | $1,562 |
| 2018 | $52,500 | $143,400 | $195,900 | $1,492 |
| 2017 | $51,600 | $140,900 | $192,500 | $1,454 |
| 2016 | $53,100 | $137,900 | $191,000 | $1,460 |
| 2015 | $47,200 | $132,000 | $179,200 | $1,386 |
| 2014 | $58,100 | $125,500 | $183,600 | $1,433 |
| 2013 | $58,900 | $153,000 | $211,900 | $1,618 |
| 2012 | $57,500 | $166,500 | $224,000 | $1,666 |
| 2011 | $63,600 | $168,500 | $232,100 | $1,582 |
| 2010 | $64,600 | $171,000 | $235,600 | $1,485 |
| 2004 | $64,800 | $121,200 | $186,000 | $1,281 |
Property facts
Year built
1975
Property type
single_family
Stories
4
Beds
4
Baths
3
Living area
1,853 sqft
Lot size
35,284 sqft
ZIP code
56465
City
Merrifield
Street
Shelstad Ln
Coordinates
46.54628, -94.14140
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,780
Gross rental yield
6.95%
Implied cap rate
4.52%
Trend-extrapolated value
—
Frequently asked questions
When did 27123 Shelstad Ln last sell?
27123 Shelstad Ln most recently sold on Oct 13, 2022 for $480,000.
What is the current tax assessment for 27123 Shelstad Ln?
The most recent total assessment for 27123 Shelstad Ln (year 2026) is $477,500 with $2,540 in property tax.
How does 27123 Shelstad Ln's assessment compare to its last sale price?
The current assessment is 0.5% below the last sale price of $480,000.
When was 27123 Shelstad Ln built?
27123 Shelstad Ln was built in 1975.
How does 27123 Shelstad Ln compare to others on Shelstad Ln?
We track 3 other properties on Shelstad Ln. Browse the list under "Other properties on Shelstad Ln" to compare beds, baths, and sale history.
What are the property facts for 27123 Shelstad Ln?
27123 Shelstad Ln is a 4 bed, 3 bath, 1,853 sqft, 35,284 sqft lot single_family.
Is 27123 Shelstad Ln a flip candidate?
No — 27123 Shelstad Ln does not appear in our flips dataset.
Is 27123 Shelstad Ln a tax-appeal candidate?
No — 27123 Shelstad 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
-0.6%
Implied 1-yr
-2.2%
2026 Q1
$366.8K
2026 Q2
$364.7K
ZIP 56465 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Shelstad Ln