540 Old North Shore Rd
Two Harbors, MN 55616
2 bd 1 ba 585 sqft Built 2016 Lot 2,614 sqft condo_townhome_rowhome_coop
Most recent sale
$195,000
Feb 24, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 4, 2025 | Listed | $235,000 | LakeSuperiorAreaRealtors |
| Jul 8, 2024 | Sold | $260,000 | LakeSuperiorAreaRealtors |
| Jun 14, 2024 | Listed | $260,000 | LakeSuperiorAreaRealtors |
| Apr 17, 2024 | Listing removed | — | LakeSuperiorAreaRealtors |
| Dec 6, 2023 | Listed | $215,000 | LakeSuperiorAreaRealtors |
| Nov 21, 2023 | Listing removed | — | LakeSuperiorAreaRealtors |
| Aug 31, 2023 | Listed | $209,000 | LakeSuperiorAreaRealtors |
| Aug 23, 2023 | Listing removed | — | LakeSuperiorAreaRealtors |
| Jul 12, 2023 | Listed | $215,000 | LakeSuperiorAreaRealtors |
| Feb 24, 2023 | Sold | $195,000 | LakeSuperiorAreaRealtors |
| Feb 7, 2023 | Listed | $195,000 | LakeSuperiorAreaRealtors |
| Nov 25, 2022 | Sold | $225,000 | LakeSuperiorAreaRealtors |
| Oct 19, 2022 | Listed | $199,000 | LakeSuperiorAreaRealtors |
| Sep 7, 2022 | Sold | $240,000 | LakeSuperiorAreaRealtors |
| Aug 17, 2022 | Listed | $230,000 | LakeSuperiorAreaRealtors |
| May 10, 2021 | Sold | $161,000 | LakeSuperiorAreaRealtors |
| Mar 24, 2021 | Listed | $155,000 | LakeSuperiorAreaRealtors |
| May 21, 2019 | Sold | $695,130 | Public Record |
| Mar 1, 2017 | Listing removed | $109,000 | LakeSuperiorAreaRealtors |
| Jul 12, 2016 | Listed | $109,000 | LakeSuperiorAreaRealtors |
| Aug 31, 2015 | Sold | $1,800,000 | Public Record |
| Dec 3, 2014 | Listing removed | $2,300,000 | NorthstarMLS |
| Oct 9, 2013 | Listing removed | $2,300,000 | Arrowhead |
| Jul 16, 2013 | Listed | $2,300,000 | Arrowhead |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $426,600 | $45,700 | $472,300 | $3,308 |
| 2023 | $336,200 | $42,200 | $378,400 | $1,718 |
| 2022 | $284,800 | $75,600 | $360,400 | $3,216 |
| 2021 | $287,800 | $70,100 | $357,900 | $3,270 |
| 2020 | $233,000 | $61,000 | $294,000 | $2,855 |
| 2019 | $204,700 | $60,900 | $265,600 | $2,992 |
| 2018 | $183,200 | $57,600 | $240,800 | $2,769 |
| 2017 | $173,400 | $45,400 | $218,800 | $2,456 |
Property facts
Year built
2016
Property type
condo_townhome_rowhome_coop
Stories
1
Beds
2
Baths
1
Living area
585 sqft
Lot size
2,614 sqft
ZIP code
55616
City
Two Harbors
Street
Old North Shore Rd
Coordinates
46.97663, -91.74608
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$878
Gross rental yield
5.40%
Implied cap rate
3.51%
Trend-extrapolated value
—
Frequently asked questions
When did 540 Old North Shore Rd last sell?
540 Old North Shore Rd most recently sold on Feb 24, 2023 for $195,000.
What is the current tax assessment for 540 Old North Shore Rd?
The most recent total assessment for 540 Old North Shore Rd (year 2025) is $472,300 with $3,308 in property tax.
How does 540 Old North Shore Rd's assessment compare to its last sale price?
The current assessment is 142.2% above the last sale price of $195,000.
When was 540 Old North Shore Rd built?
540 Old North Shore Rd was built in 2016.
How does 540 Old North Shore Rd compare to others on Old North Shore Rd?
We track 8 other properties on Old North Shore Rd. Browse the list under "Other properties on Old North Shore Rd" to compare beds, baths, and sale history.
What are the property facts for 540 Old North Shore Rd?
540 Old North Shore Rd is a 2 bed, 1 bath, 585 sqft, 2,614 sqft lot condo_townhome_rowhome_coop.
Is 540 Old North Shore Rd a flip candidate?
Yes — 540 Old North Shore Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 540 Old North Shore Rd a tax-appeal candidate?
Yes — 540 Old North Shore 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 valuationQuarterly trend
+4.1%
Implied 1-yr
+16.6%
2026 Q3
$283.7K
2026 Q4
$292.9K
ZIP 55616 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Old North Shore Rd