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540 Lake Shore Dr

Sauk Centre, MN 56378

3 bd 2 ba 1,759 sqft Built 1959 Lot 13,504 sqft single_family
Most recent sale
$245,000
Apr 12, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 12, 2024 Sold $245,000 NorthstarMLS
Mar 5, 2024 Listed $235,000 NorthstarMLS
Apr 30, 2020 Sold $173,500 NorthstarMLS
Mar 14, 2020 Listed $169,900 NorthstarMLS
Sep 14, 2007 Sold $105,135 Public Record
May 18, 2004 Sold $88,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $129,000 $2,772
2021 $117,100 $2,354
2020 $100,900 $2,128
2019 $96,000 $2,156
2018 $85,900 $1,366
2017 $78,600 $1,230
2016 $74,400 $1,138
2015 $61,000 $914
2014 $61,100 $1,038
2013 $62,100 $1,106
2012 $62,600 $1,122
2011 $67,000 $23,800 $90,800 $1,108
2010 $95,000 $1,162

Property facts

Year built
1959
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,759 sqft
Lot size
13,504 sqft
ZIP code
56378
City
Sauk Centre
Street
Lake Shore Dr
Coordinates
45.74810, -94.95658

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,639
Gross rental yield
12.93%
Implied cap rate
8.40%
Trend-extrapolated value

Frequently asked questions

When did 540 Lake Shore Dr last sell?
540 Lake Shore Dr most recently sold on Apr 12, 2024 for $245,000.
What is the current tax assessment for 540 Lake Shore Dr?
The most recent total assessment for 540 Lake Shore Dr (year 2022) is $129,000 with $2,772 in property tax.
How does 540 Lake Shore Dr's assessment compare to its last sale price?
The current assessment is 47.3% below the last sale price of $245,000.
When was 540 Lake Shore Dr built?
540 Lake Shore Dr was built in 1959.
How does 540 Lake Shore Dr compare to others on Lake Shore Dr?
We track 8 other properties on Lake Shore Dr. Browse the list under "Other properties on Lake Shore Dr" to compare beds, baths, and sale history.
What are the property facts for 540 Lake Shore Dr?
540 Lake Shore Dr is a 3 bed, 2 bath, 1,759 sqft, 13,504 sqft lot single_family.
Is 540 Lake Shore Dr a flip candidate?
No — 540 Lake Shore Dr does not appear in our flips dataset.
Is 540 Lake Shore Dr a tax-appeal candidate?
No — 540 Lake Shore Dr 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
-0.6%
Implied 1-yr
-2.5%
2026 Q2
$254.6K
2026 Q3
$253K
ZIP 56378 — Median Price History + Forecast

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