15298 Gilly Ln
Park Rapids, MN 56470
4 bd 8 ba 12,490 sqft Built 2004 Lot 212,573 sqft single_family
Most recent sale
$2,750,000
Aug 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 26, 2022 | Sold | $2,750,000 | MLS #6196716 |
| Jun 20, 2022 | Listed | $2,995,000 | MLS #6196716 |
| Jun 5, 2020 | Listing removed | $3,499,000 | GreaterLakes |
| Feb 7, 2019 | Listing removed | $4,950,000 | GreaterLakes |
| Jan 18, 2019 | Listed | $3,750,000 | MLS #5140515 |
| Jan 18, 2019 | Listing removed | $3,915,000 | NorthstarMLS |
| Jan 17, 2019 | Listing removed | $3,915,000 | GreaterLakes |
| Dec 21, 2018 | Price changed | $3,915,000 | MLS #4946757 |
| Nov 30, 2018 | Price changed | $3,935,000 | MLS #4946757 |
| Nov 29, 2018 | Price changed | $3,935,000 | MLS #4946757 |
| Nov 9, 2018 | Price changed | $3,955,000 | MLS #4946757 |
| Nov 8, 2018 | Price changed | $3,955,000 | MLS #4946757 |
| May 2, 2018 | Price changed | $3,975,000 | MLS #4946757 |
| May 1, 2018 | Listed | $3,915,000 | MLS #4946757 |
| Feb 9, 2018 | Listing removed | $4,950,000 | LakeRegionMN |
| Feb 1, 2018 | Listing removed | $4,950,000 | GreaterLakes |
| Jan 4, 2018 | Relisted | $4,950,000 | MLS #4589502 |
| Jan 2, 2018 | Listing removed | $4,950,000 | NorthstarMLS |
| Jan 1, 2018 | Listing removed | $4,950,000 | GreaterLakes |
| Oct 3, 2017 | Listed | $4,950,000 | MLS #20-20585 |
| Nov 1, 2016 | Relisted | $4,950,000 | MLS #4589502 |
| Oct 25, 2016 | Listing removed | $4,950,000 | DetroitLakes |
| Oct 24, 2016 | Listing removed | $5,250,000 | NorthstarMLS |
| Oct 23, 2016 | Listing removed | $5,250,000 | GreaterLakes |
| Apr 7, 2016 | Listing removed | $5,250,000 | DetroitLakes |
| Apr 25, 2015 | Listed | $5,250,000 | MLS #71-3757 |
| Apr 23, 2015 | Listed | $4,950,000 | MLS #4589502 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $2,673,100 | $593,200 | $3,266,300 | $25,954 |
| 2023 | $3,715,900 | $464,800 | $4,180,700 | $35,162 |
| 2022 | $3,274,900 | $464,400 | $3,739,300 | $38,602 |
| 2021 | $3,009,700 | $444,400 | $3,454,100 | $34,640 |
| 2020 | $3,009,700 | $444,400 | $3,454,100 | $38,524 |
| 2019 | $3,320,400 | $369,100 | $3,689,500 | $46,904 |
| 2018 | $4,041,000 | $366,100 | $4,407,100 | $44,234 |
| 2017 | $3,708,700 | $337,900 | $4,046,600 | $36,176 |
| 2016 | $2,927,700 | $419,000 | $3,346,700 | $33,922 |
| 2015 | $2,809,100 | $442,200 | $3,251,300 | $32,778 |
| 2014 | $2,831,900 | $417,200 | $3,249,100 | $31,852 |
| 2013 | $2,797,500 | $401,900 | $3,199,400 | $30,816 |
| 2012 | $2,749,800 | $390,800 | $3,140,600 | $30,218 |
| 2011 | $2,932,900 | $444,700 | $3,377,600 | $27,348 |
| 2010 | $2,853,300 | $445,200 | $3,298,500 | $26,924 |
Property facts
Year built
2004
Property type
single_family
Stories
1
Beds
4
Baths
8
Living area
12,490 sqft
Lot size
212,573 sqft
ZIP code
56470
City
Park Rapids
Street
Gilly Ln
Coordinates
46.98247, -95.04742
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$18,735
Gross rental yield
8.18%
Implied cap rate
5.31%
Trend-extrapolated value
—
Frequently asked questions
When did 15298 Gilly Ln last sell?
15298 Gilly Ln most recently sold on Aug 26, 2022 for $2,750,000.
What is the current tax assessment for 15298 Gilly Ln?
The most recent total assessment for 15298 Gilly Ln (year 2025) is $3,266,300 with $25,954 in property tax.
How does 15298 Gilly Ln's assessment compare to its last sale price?
The current assessment is 18.8% above the last sale price of $2,750,000.
When was 15298 Gilly Ln built?
15298 Gilly Ln was built in 2004.
How does 15298 Gilly Ln compare to others on Gilly Ln?
We do not currently track other properties on Gilly Ln.
What are the property facts for 15298 Gilly Ln?
15298 Gilly Ln is a 4 bed, 8 bath, 12,490 sqft, 212,573 sqft lot single_family.
Is 15298 Gilly Ln a flip candidate?
No — 15298 Gilly Ln does not appear in our flips dataset.
Is 15298 Gilly Ln a tax-appeal candidate?
Yes — 15298 Gilly Ln 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 valuationQuarterly trend
-2.6%
Implied 1-yr
-10.5%
2026 Q3
$224.3K
2026 Q4
$217.3K
ZIP 56470 — Median Price History + Forecast
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