For SaleRisky Deal126 days on market
1195 Lakeshore Dr
1195 Lakeshore Dr, Big Lake, MN 55309, Big Lake, MN 55309
$548,000
Listing Price
1195 Lakeshore Dr, Big Lake, MN 55309
Loc: Big Lake, MN
Days Listed
126
Tax Assessed
$491k
Lot Size
0.31 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Independence Elementary School
3-5
1.6 mi away
5
Big Lake Middle School
6-8
1.5 mi away
9
Big Lake Senior High School
9-12
1.4 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
moderntransitionalopen-conceptkitchen islandstainless steel appliancestwo-tone cabinetrysubway tile backsplashpendant lightinghardwood flooringbar seatingminimalistspaciouswell-litcontemporary
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.04%
Total ROI
90.1%
Cash Flow
$-86/mo
DSCR
0.97
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-86/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • Strong rental demand in Big Lake
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-26 | Price change | $548,000 | $233 |
| 2026-07-18 | Price change | $565,000 | $240 |
| 2026-06-18 | Price change | $584,900 | $249 |
| 2026-05-28 | Listed for sale | $599,900 | $255 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,086 | $489,076 |
| 2024 | $5,860 | $486,787 |
| 2023 | $5,230 | $480,900 |
| 2022 | $4,070 | $412,821 |
| 2021 | $3,950 | $256,842 |
| 2020 | $3,854 | $241,255 |
| 2019 | $3,950 | $255,500 |
| 2018 | $3,854 | $241,600 |
| 2017 | $4,482 | $223,400 |
| 2016 | $4,320 | $209,400 |
| 2015 | $4,022 | $182,200 |
| 2014 | $4,022 | $160,500 |
| 2013 | $18 | $146,400 |
| 2012 | $36 | $146,400 |
| 2011 | $2,605.98 | $156,300 |
| 2010 | $2,560.98 | $190,200 |
| 2009 | $2,920.98 | $216,300 |
| 2008 | $3,862.31 | $240,100 |
| 2007 | $3,820.4 | $240,000 |
| 2006 | $3,486.57 | $208,700 |
| 2005 | $3,415.03 | $179,300 |
| 2004 | $3,148.2 | $158,000 |
| 2003 | $2,073 | $146,000 |
| 2002 | $1,876.97 | $132,700 |
| 2001 | $2,106 | $124,600 |
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