Active with contingency

$237,500

509 S Lake St, Sherburn, MN 56171

3beds

2,705sqft

$1,683/mo

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Single Family

Built in 1910

0.26 Acres Lot

$234,500 Zestimate^®

$88/sqft

$-- HOA

What's special

Exceptional curb appealNewly built decksExpansive fully fenced-in yardComfortable private bedroomsPrivate oasis for relaxationCustom downstairs barFinished lower level

Welcome to this stunning 3-bedroom, 3-bathroom home perfectly situated on a premium corner lot. Boasting exceptional curb appeal with recently updated siding and roof, this turn-key residence offers long-term value, modern character, and complete structural peace of mind. Inside, the beautiful, fully renovated kitchen serves as the vibrant heart of the home. It is complemented perfectly by a quiet, dedicated den/office space ideal for remote work, alongside comfortable private bedrooms and a versatile bonus room tailored for your lifestyle needs. Designed for effortless entertainment, the finished lower level features a custom downstairs bar for hosting guests. Step directly outside onto the newly built decks overlooking an expansive, fully fenced-in yard—a private oasis for relaxation that completes this remarkable property.

14 days
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15

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 1
3/4 bathrooms: 2

Heating

Forced Air

Cooling

Central Air

Features

Basement: Finished
Has fireplace: No

Interior area

Total structure area: 3,603
Total interior livable area: 2,705 sqft
Finished area above ground: 1,754
Finished area below ground: 951

Property

Parking

Total spaces: 3
Parking features: Attached
Attached garage spaces: 3

Accessibility

Accessibility features: None

Features

Levels: One and One Half
Stories: 1.5

Lot

Size: 0.26 Acres
Dimensions: 150 x 76

Details

Foundation area: 1849
Parcel number: 384500680
Zoning description: Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family

Condition

New construction: No
Year built: 1910

Utilities & green energy

Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Subdivision: Morgans Add

HOA

Has HOA: No

Location

Region: Sherburn

Financial & listing details

Price per square foot: $88/sqft
Tax assessed value: $206,500
Annual tax amount: $3,432
Date on market: 8/14/2026

Estimated market value

$234,500

$223,000 - $246,000

$2,021/mo

Price history

Date	Event	Price
8/14/2026	Listed for sale	$237,500+38.1%$88/sqft
Source: NorthstarMLS as distributed by MLS GRID #7127727 Report a problem
2/18/2022	Sold	$172,000+201.8%$64/sqft
Source: EXIT Realty solds #6114210580516835235 Report a problem
9/28/2012	Sold	$57,000-8.1%$21/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #1947957 Report a problem
7/26/2012	Listed for sale	$62,000-31.1%$23/sqft
Source: Homepath #38078 Report a problem
5/10/2012	Listing removed	$90,000$33/sqft
Source: Countywide Real Estate #38078 Report a problem
3/16/2012	Price change	$90,000-17.4%$33/sqft
Source: Countywide Real Estate #38078 Report a problem
11/10/2011	Listed for sale	$109,000-5.2%$40/sqft
Source: Countywide Real Estate #38078 Report a problem
3/10/2008	Sold	$115,000$43/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,432 +50.3%	$206,500 +9.7%
2024	$2,284 +10.6%	$188,200 +19%
2023	$2,066 +44.5%	$158,200 +18.1%
2022	$1,430 -17%	$134,000 +51.9%
2021	$1,722 +20.8%	$88,200 +4.4%
2020	$1,426 +17.9%	$84,500 +12.7%
2018	$1,210 +6.1%	$75,000 +74.4%
2017	$1,140 -3.1%	$43,000
2016	$1,176 -9.7%	$43,000 -8.7%
2015	$1,302 -24%	$47,100 -20.4%
2013	$1,714 -26.6%	$59,200 -32%
2012	$2,335	$87,000
2011	--	--
2010	--	$110,500