4575 Lax Lake Rd
Silver Bay, MN 55614
3 bd 2 ba 2,820 sqft Built 1950 Lot 108,900 sqft single_family
Most recent sale
$225,000
Nov 17, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 17, 2023 | Sold | $225,000 | LakeSuperiorAreaRealtors |
| Jul 26, 2023 | Price changed | $229,000 | LakeSuperiorAreaRealtors |
| May 27, 2023 | Listed | $254,000 | LakeSuperiorAreaRealtors |
| Dec 31, 2022 | Listing removed | — | LakeSuperiorAreaRealtors |
| Sep 7, 2022 | Price changed | $290,000 | MLS #6104662 |
| Aug 2, 2022 | Listed | $300,000 | MLS #6104662 |
| Aug 1, 2022 | Listing removed | — | LakeSuperiorAreaRealtors |
| Jul 20, 2022 | Listed | $300,000 | MLS #6104363 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $128,604 | $39,794 | $168,398 | $488 |
| 2023 | $111,280 | $40,457 | $151,737 | $470 |
| 2022 | $69,255 | $28,665 | $97,920 | $548 |
| 2021 | $58,720 | $27,646 | $86,366 | $465 |
| 2020 | $65,100 | $36,300 | $101,400 | $921 |
| 2019 | $65,900 | $36,300 | $102,200 | $915 |
| 2018 | $66,800 | $36,300 | $103,100 | $936 |
| 2017 | $66,800 | $36,300 | $103,100 | $905 |
Property facts
Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,820 sqft
Lot size
108,900 sqft
ZIP code
55614
City
Silver Bay
Street
Lax Lake Rd
Coordinates
47.26793, -91.31605
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 4575 Lax Lake Rd last sell?
4575 Lax Lake Rd most recently sold on Nov 17, 2023 for $225,000.
What is the current tax assessment for 4575 Lax Lake Rd?
The most recent total assessment for 4575 Lax Lake Rd (year 2025) is $168,398 with $488 in property tax.
How does 4575 Lax Lake Rd's assessment compare to its last sale price?
The current assessment is 25.2% below the last sale price of $225,000.
When was 4575 Lax Lake Rd built?
4575 Lax Lake Rd was built in 1950.
How does 4575 Lax Lake Rd compare to others on Lax Lake Rd?
We track 8 other properties on Lax Lake Rd. Browse the list under "Other properties on Lax Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 4575 Lax Lake Rd?
4575 Lax Lake Rd is a 3 bed, 2 bath, 2,820 sqft, 108,900 sqft lot single_family.
Is 4575 Lax Lake Rd a flip candidate?
No — 4575 Lax Lake Rd does not appear in our flips dataset.
Is 4575 Lax Lake Rd a tax-appeal candidate?
No — 4575 Lax Lake 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
-1.3%
Implied 1-yr
-5.3%
2026 Q2
$181.6K
2026 Q3
$178.9K
ZIP 55614 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lax Lake Rd