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232 Point Rd

Tonka Bay, MN 55331

3 bd 2 ba 1,374 sqft Built 1935 Lot 16,553 sqft single_family
Most recent sale
$424,000
Apr 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 28, 2022 Sold $424,000 MLS #6071087
Feb 10, 2022 Relisted $475,000 MLS #6071087
Nov 5, 2021 Relisted $475,000 MLS #6071087
Oct 22, 2021 Listing removed $475,000 NorthstarMLS
Aug 14, 2021 Listed $475,000 MLS #6071087
Nov 18, 2016 Sold $324,500 MLS #4750509
Sep 6, 2016 Relisted $324,500 MLS #4750509
Aug 27, 2016 Listing removed $324,500 NorthstarMLS
Aug 12, 2016 Listed $324,500 MLS #4750509
Mar 16, 2012 Listing removed $259,900 NorthstarMLS
Jan 15, 2001 Listed $259,900 MLS #1551959

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $574,600 $326,400 $901,000 $10,626
2024 $50,400 $397,200 $447,600 $4,633
2023 $224,000 $286,000 $510,000 $5,382
2022 $397,670 $4,601
2021 $376,960 $4,423
2020 $326,820 $4,047
2019 $323,550 $4,062
2018 $319,190 $3,979
2017 $310,470 $3,924
2016 $305,020 $3,921
2015 $285,400 $3,668
2014 $230,900 $3,118
2013 $235,260 $3,078
2012 $264,690 $3,270
2011 $131,000 $149,000 $280,000 $3,155
2010 $144,000 $162,000 $306,000 $3,163
2009 $158,000 $196,000 $354,000 $3,558
2008 $158,000 $196,000 $354,000 $3,568
2007 $127,100 $194,000 $321,100 $3,334

Property facts

Year built
1935
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,374 sqft
Lot size
16,553 sqft
ZIP code
55331
City
Tonka Bay
Street
Point Rd
Coordinates
44.92090, -93.58321

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,061
Gross rental yield
5.83%
Implied cap rate
3.79%
Trend-extrapolated value

Frequently asked questions

When did 232 Point Rd last sell?
232 Point Rd most recently sold on Apr 28, 2022 for $424,000.
What is the current tax assessment for 232 Point Rd?
The most recent total assessment for 232 Point Rd (year 2025) is $901,000 with $10,626 in property tax.
How does 232 Point Rd's assessment compare to its last sale price?
The current assessment is 112.5% above the last sale price of $424,000.
When was 232 Point Rd built?
232 Point Rd was built in 1935.
How does 232 Point Rd compare to others on Point Rd?
We track 4 other properties on Point Rd. Browse the list under "Other properties on Point Rd" to compare beds, baths, and sale history.
What are the property facts for 232 Point Rd?
232 Point Rd is a 3 bed, 2 bath, 1,374 sqft, 16,553 sqft lot single_family.
Is 232 Point Rd a flip candidate?
No — 232 Point Rd does not appear in our flips dataset.
Is 232 Point Rd a tax-appeal candidate?
Yes — 232 Point Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.5%
Implied 1-yr
-5.9%
2026 Q3
$1.05M
2026 Q4
$1.03M
ZIP 55331 — Median Price History + Forecast

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