5045 Shady Island Rd
Shorewood, MN 55364
4 bd 3 ba 2,745 sqft Built 1957 Lot 15,420 sqft single_family
Most recent sale
$1,250,000
Oct 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 7, 2022 | Sold | $1,250,000 | MLS #6246107 |
| Sep 3, 2022 | Relisted | $1,349,900 | MLS #6246107 |
| Aug 9, 2022 | Listed | $1,349,900 | MLS #6246107 |
| Nov 18, 2016 | Sold | $895,000 | MLS #4744908 |
| Jul 28, 2016 | Listed | $895,000 | MLS #4744908 |
| May 15, 2015 | Listing removed | $3,400 | RentalRoost |
| May 13, 2015 | Listed for rent | $3,400 | RentalRoost |
| May 12, 2015 | Listed for rent | $3,400 | Appfolio |
| Oct 17, 2008 | Sold | $850,000 | MLS #3583406 |
| Aug 8, 2008 | Listed | $899,999 | MLS #3583406 |
| Feb 1, 1981 | Sold | $94,000 | Public Record |
| Jul 1, 1975 | Sold | $43,540 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $550,700 | $720,800 | $1,271,500 | $14,049 |
| 2024 | $505,000 | $720,800 | $1,225,800 | $12,938 |
| 2023 | $504,000 | $702,000 | $1,206,000 | $12,055 |
| 2022 | $422,000 | $435,000 | $857,000 | $9,773 |
| 2021 | $413,000 | $435,000 | $848,000 | $9,761 |
| 2020 | $413,000 | $435,000 | $848,000 | $9,622 |
| 2019 | $391,000 | $395,000 | $786,000 | $9,610 |
| 2018 | $388,000 | $395,000 | $783,000 | $10,357 |
| 2017 | $418,000 | $395,000 | $813,000 | $10,343 |
| 2016 | $404,000 | $392,000 | $796,000 | $9,725 |
| 2015 | $358,000 | $392,000 | $750,000 | $9,958 |
| 2014 | $358,000 | $392,000 | $750,000 | $8,794 |
| 2013 | $338,000 | $310,000 | $648,000 | $9,670 |
| 2012 | $349,000 | $370,000 | $719,000 | $10,228 |
| 2011 | $351,000 | $430,000 | $781,000 | $9,492 |
| 2010 | $354,000 | $450,000 | $804,000 | $8,797 |
| 2009 | $331,000 | $485,000 | $816,000 | $8,309 |
| 2008 | $271,200 | $537,600 | $808,800 | $6,918 |
| 2007 | $229,800 | $372,800 | $602,600 | $5,984 |
Property facts
Year built
1957
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,745 sqft
Lot size
15,420 sqft
ZIP code
55364
City
Shorewood
Street
Shady Island Rd
Coordinates
44.91225, -93.63429
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,118
Gross rental yield
3.95%
Implied cap rate
2.57%
Trend-extrapolated value
—
Frequently asked questions
When did 5045 Shady Island Rd last sell?
5045 Shady Island Rd most recently sold on Oct 7, 2022 for $1,250,000.
What is the current tax assessment for 5045 Shady Island Rd?
The most recent total assessment for 5045 Shady Island Rd (year 2025) is $1,271,500 with $14,049 in property tax.
How does 5045 Shady Island Rd's assessment compare to its last sale price?
The current assessment is 1.7% above the last sale price of $1,250,000.
When was 5045 Shady Island Rd built?
5045 Shady Island Rd was built in 1957.
How does 5045 Shady Island Rd compare to others on Shady Island Rd?
We do not currently track other properties on Shady Island Rd.
What are the property facts for 5045 Shady Island Rd?
5045 Shady Island Rd is a 4 bed, 3 bath, 2,745 sqft, 15,420 sqft lot single_family.
Is 5045 Shady Island Rd a flip candidate?
No — 5045 Shady Island Rd does not appear in our flips dataset.
Is 5045 Shady Island Rd a tax-appeal candidate?
No — 5045 Shady Island Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.1%
Implied 1-yr
+16.5%
2026 Q3
$976.4K
2026 Q4
$976.4K
ZIP 55364 — Median Price History + Forecast
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Geography