5568 Lax Lake Rd
Silver Bay, MN 55614
2 bd 2 ba 2,536 sqft Built 2003 Lot 871,200 sqft single_family
Most recent sale
$539,000
May 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 13, 2022 | Sold | $539,000 | MLS #6099427 |
| Sep 1, 2021 | Listed | $559,000 | MLS #6099427 |
| Jul 26, 2012 | Listing removed | $389,000 | Mankato |
| Oct 29, 2007 | Sold | $350,000 | MLS #133121 |
| May 6, 2007 | Listed | $389,000 | MLS #133121 |
| Jan 15, 2002 | Sold | $35,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $518,800 | $87,900 | $606,700 | $3,134 |
| 2023 | $427,100 | $72,200 | $499,300 | $2,060 |
| 2022 | $273,202 | $71,017 | $344,219 | $2,566 |
| 2021 | $207,460 | $69,615 | $277,075 | $2,046 |
| 2020 | $207,460 | $69,615 | $277,075 | $2,180 |
| 2019 | $198,027 | $77,078 | $275,105 | $2,170 |
| 2018 | $200,363 | $77,140 | $277,503 | $2,225 |
| 2017 | $202,807 | $77,203 | $280,010 | $2,157 |
| 2016 | $203,020 | $77,208 | $280,228 | $2,055 |
| 2015 | $190,800 | $76,900 | $267,700 | $2,121 |
| 2014 | $192,900 | $77,000 | $269,900 | $1,861 |
| 2013 | $195,100 | $77,100 | $272,200 | $1,782 |
| 2012 | $207,900 | $84,100 | $292,000 | $1,847 |
| 2011 | $210,800 | $91,300 | $302,100 | $1,660 |
| 2010 | — | — | $330,100 | $1,980 |
Property facts
Year built
2003
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
2,536 sqft
Lot size
871,200 sqft
ZIP code
55614
City
Silver Bay
Street
Lax Lake Rd
Coordinates
47.33529, -91.32249
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,804
Gross rental yield
8.47%
Implied cap rate
5.50%
Trend-extrapolated value
—
Frequently asked questions
When did 5568 Lax Lake Rd last sell?
5568 Lax Lake Rd most recently sold on May 13, 2022 for $539,000.
What is the current tax assessment for 5568 Lax Lake Rd?
The most recent total assessment for 5568 Lax Lake Rd (year 2025) is $606,700 with $3,134 in property tax.
How does 5568 Lax Lake Rd's assessment compare to its last sale price?
The current assessment is 12.6% above the last sale price of $539,000.
When was 5568 Lax Lake Rd built?
5568 Lax Lake Rd was built in 2003.
How does 5568 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 5568 Lax Lake Rd?
5568 Lax Lake Rd is a 2 bed, 2 bath, 2,536 sqft, 871,200 sqft lot single_family.
Is 5568 Lax Lake Rd a flip candidate?
No — 5568 Lax Lake Rd does not appear in our flips dataset.
Is 5568 Lax Lake Rd a tax-appeal candidate?
No — 5568 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