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4358 Highway 61

Two Harbors, MN 55616

2 bd 1 ba 918 sqft Built 1950 Lot 114,563 sqft single_family
Most recent sale
$752,000
Sep 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 19, 2022 Sold $752,000 MLS #6104937
Aug 14, 2022 Listed $725,000 MLS #6104937

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $131,100 $550,400 $681,500 $4,558
2023 $67,100 $293,500 $360,600 $1,649
2022 $48,400 $268,900 $317,300 $2,831
2021 $39,600 $252,900 $292,500 $2,656
2020 $40,300 $252,900 $293,200 $2,826
2019 $40,300 $280,600 $320,900 $3,112
2018 $41,000 $280,600 $321,600 $3,169
2017 $41,000 $280,600 $321,600 $3,087
2016 $41,700 $280,600 $322,300 $3,131
2015 $44,200 $280,600 $324,800 $3,152
2014 $43,400 $281,200 $324,600 $3,040
2013 $45,600 $312,000 $357,600 $3,165
2012 $46,400 $323,200 $369,600 $3,217

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
918 sqft
Lot size
114,563 sqft
ZIP code
55616
City
Two Harbors
Street
Highway 61
Coordinates
47.22729, -91.33794

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,512
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 4358 Highway 61 last sell?
4358 Highway 61 most recently sold on Sep 19, 2022 for $752,000.
What is the current tax assessment for 4358 Highway 61?
The most recent total assessment for 4358 Highway 61 (year 2025) is $681,500 with $4,558 in property tax.
How does 4358 Highway 61's assessment compare to its last sale price?
The current assessment is 9.4% below the last sale price of $752,000.
When was 4358 Highway 61 built?
4358 Highway 61 was built in 1950.
How does 4358 Highway 61 compare to others on Highway 61?
We track 8 other properties on Highway 61. Browse the list under "Other properties on Highway 61" to compare beds, baths, and sale history.
What are the property facts for 4358 Highway 61?
4358 Highway 61 is a 2 bed, 1 bath, 918 sqft, 114,563 sqft lot single_family.
Is 4358 Highway 61 a flip candidate?
No — 4358 Highway 61 does not appear in our flips dataset.
Is 4358 Highway 61 a tax-appeal candidate?
No — 4358 Highway 61 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
+4.1%
Implied 1-yr
+16.6%
2026 Q3
$283.7K
2026 Q4
$292.9K
ZIP 55616 — Median Price History + Forecast

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