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18731 Cedar Island Lake Rd

Richmond, MN 56368

4 bd 3 ba 4,680 sqft Built 2004 Lot 24,394 sqft single_family
Most recent sale
$855,000
Aug 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 11, 2022 Sold $855,000 MLS #6230418
Jul 7, 2022 Listed $850,000 MLS #6230418
Aug 31, 1999 Sold $64,000 Public Record
Apr 30, 1999 Sold $59,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $693,200 $153,400 $846,600 $9,706
2023 $619,500 $152,400 $771,900 $8,598
2022 $453,300 $131,100 $584,400 $7,042
2021 $394,300 $131,100 $525,400 $6,274
2020 $394,300 $131,100 $525,400 $6,330
2019 $384,000 $131,100 $515,100 $6,128
2018 $375,800 $118,900 $494,700 $5,522
2017 $354,500 $118,900 $473,400 $5,374
2016 $344,100 $104,700 $448,800 $5,444
2015 $335,500 $104,700 $440,200 $5,218
2014 $316,100 $101,600 $417,700 $5,028
2013 $408,900 $5,624
2012 $326,600 $113,800 $440,400 $5,696
2011 $325,900 $119,900 $445,800 $4,842
2010 $327,600 $126,000 $453,600 $5,096

Property facts

Year built
2004
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
4,680 sqft
Lot size
24,394 sqft
ZIP code
56368
City
Richmond
Street
Cedar Island Lake Rd
Coordinates
45.42611, -94.49485

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,020
Gross rental yield
9.85%
Implied cap rate
6.40%
Trend-extrapolated value

Frequently asked questions

When did 18731 Cedar Island Lake Rd last sell?
18731 Cedar Island Lake Rd most recently sold on Aug 11, 2022 for $855,000.
What is the current tax assessment for 18731 Cedar Island Lake Rd?
The most recent total assessment for 18731 Cedar Island Lake Rd (year 2024) is $846,600 with $9,706 in property tax.
How does 18731 Cedar Island Lake Rd's assessment compare to its last sale price?
The current assessment is 1.0% below the last sale price of $855,000.
When was 18731 Cedar Island Lake Rd built?
18731 Cedar Island Lake Rd was built in 2004.
How does 18731 Cedar Island Lake Rd compare to others on Cedar Island Lake Rd?
We track 8 other properties on Cedar Island Lake Rd. Browse the list under "Other properties on Cedar Island Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 18731 Cedar Island Lake Rd?
18731 Cedar Island Lake Rd is a 4 bed, 3 bath, 4,680 sqft, 24,394 sqft lot single_family.
Is 18731 Cedar Island Lake Rd a flip candidate?
No — 18731 Cedar Island Lake Rd does not appear in our flips dataset.
Is 18731 Cedar Island Lake Rd a tax-appeal candidate?
No — 18731 Cedar Island Lake 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
+0.8%
Implied 1-yr
+3.0%
2026 Q3
$392.2K
2026 Q4
$395K
ZIP 56368 — Median Price History + Forecast

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