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5772 Lax Lake Rd

Silver Bay, MN 55614

2 bd 520 sqft Built 1961 Lot 12,197 sqft single_family
Most recent sale
$151,000
Nov 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 19, 2024 Sold $170,000 LakeSuperiorAreaRealtors
Jun 21, 2024 Listed $175,000 LakeSuperiorAreaRealtors
Nov 30, 2021 Sold $151,000 MLS #6100099
Jun 22, 2021 Sold $110,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $92,600 $81,700 $174,300 $1,058
2023 $44,800 $75,400 $120,200 $550
2022 $17,264 $64,122 $81,386 $546
2021 $17,621 $64,183 $81,804 $561
2020 $17,621 $64,183 $81,804 $590
2019 $19,046 $60,355 $79,401 $584
2018 $19,314 $60,400 $79,714 $689
2017 $19,314 $60,400 $79,714 $666
2016 $19,673 $60,459 $80,132 $648
2015 $19,900 $60,500 $80,400 $486
2014 $15,900 $46,400 $62,300 $411
2013 $15,900 $46,400 $62,300 $406
2012 $17,100 $51,800 $68,900 $451
2011 $17,400 $57,400 $74,800 $391
2010 $96,000 $116

Property facts

Year built
1961
Property type
single_family
Stories
1
Beds
2
Baths
Living area
520 sqft
Lot size
12,197 sqft
ZIP code
55614
City
Silver Bay
Street
Lax Lake Rd
Coordinates
47.34642, -91.30262

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$780
Gross rental yield
6.20%
Implied cap rate
4.03%
Trend-extrapolated value

Frequently asked questions

When did 5772 Lax Lake Rd last sell?
5772 Lax Lake Rd most recently sold on Nov 30, 2021 for $151,000.
What is the current tax assessment for 5772 Lax Lake Rd?
The most recent total assessment for 5772 Lax Lake Rd (year 2025) is $174,300 with $1,058 in property tax.
How does 5772 Lax Lake Rd's assessment compare to its last sale price?
The current assessment is 15.4% above the last sale price of $151,000.
When was 5772 Lax Lake Rd built?
5772 Lax Lake Rd was built in 1961.
How does 5772 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 5772 Lax Lake Rd?
5772 Lax Lake Rd is a 2 bed, 520 sqft, 12,197 sqft lot single_family.
Is 5772 Lax Lake Rd a flip candidate?
Yes — 5772 Lax Lake Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5772 Lax Lake Rd a tax-appeal candidate?
No — 5772 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 valuation
Quarterly trend
-1.3%
Implied 1-yr
-5.3%
2026 Q2
$181.6K
2026 Q3
$178.9K
ZIP 55614 — Median Price History + Forecast

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