This parcel has 2.26 acres 150’ X 660’. 2 bed 1.5 bath house is gutted and freshly wired ready to finish as you wish and has a newer 2 car garage. City of Rice Lake requires hook-up to city sewer, and buyer is responsible to inquire with Rice Lake about associated costs. There is an opportunity here for future commercial development. The property is on the frontage road just south of the Martin Rd on the west side of the very busy Rice Lake Rd. (Hwy 4). This area has the potential for great future growth. Close to the corner of Rice Lake Rd and Martin Rd. This property is directly across the highway from the new Kwik Trip.
1950Year Built
2.5 acresLot Size
$208Est. Price/Sq.Ft.
2 car garageParking
Listed by Jessica Bellefeuille• Coldwell Banker Realty
Source:NORTHSTARMLS as Distributed by MLS Grid #5705182
Redfin Estimate
$265,171
$91K since sold in August 2024
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 16.2% lower than the average sale price ($316K) of 6 comparable homes.
This parcel has 2.26 acres 150’ X 660’. 2 bed 1.5 bath house is gutted and freshly wired ready to finish as you wish and has a newer 2 car garage. City of Rice Lake requires hook-up to city sewer, and buyer is responsible to inquire with Rice Lake about associated costs. There is an opportunity here for future commercial development. The property is on the frontage road just south of the Martin Rd on the west side of the very busy Rice Lake Rd. (Hwy 4). This area has the potential for great future growth. Close to the corner of Rice Lake Rd and Martin Rd. This property is directly across the highway from the new Kwik Trip.
Year
Property tax
Land + Additions
Assessment*
2026
$2,486 (+3.6%)
$48,200 + $137,000
$185,200
2025
$2,400 (−3.2%)
$48,200 + $137,000
$185,200
2024
$2,480 (−1.0%)
$48,200 + $137,000
$185,200
2023
$2,504 (+36.1%)
$42,600 + $130,600
$173,200
2022
$1,840 (+5.3%)
$19,800 + $94,700
$114,500
2021
$1,748 (−1.7%)
$19,100 + $90,600
$109,700
2020
$1,778 (+1.7%)
$19,100 + $90,600
$109,700
2019
$1,748 (+51.7%)
$19,100 + $88,900
$108,000
2018
$1,152 (+16.8%)
$12,898 + $59,734
$72,632
2017
$986 (+27.4%)
$11,626 + $48,253
$59,879
2016
$774 (+9.3%)
$10,400 + $35,700
$46,100
2014
$708 (+8.0%)
$9,800 + $32,100
$41,900
2013
$656
$14,600 + $25,700
$40,300
Tax history for 4887 Rice Lake Rd
Year
Property tax
Land + Additions
Assessment*
2026
$2,486 (+3.6%)
$48,200 + $137,000
$185,200
2025
$2,400 (−3.2%)
$48,200 + $137,000
$185,200
2024
$2,480 (−1.0%)
$48,200 + $137,000
$185,200
2023
$2,504 (+36.1%)
$42,600 + $130,600
$173,200
2022
$1,840 (+5.3%)
$19,800 + $94,700
$114,500
2021
$1,748 (−1.7%)
$19,100 + $90,600
$109,700
2020
$1,778 (+1.7%)
$19,100 + $90,600
$109,700
2019
$1,748 (+51.7%)
$19,100 + $88,900
$108,000
2018
$1,152 (+16.8%)
$12,898 + $59,734
$72,632
2017
$986 (+27.4%)
$11,626 + $48,253
$59,879
2016
$774 (+9.3%)
$10,400 + $35,700
$46,100
2014
$708 (+8.0%)
$9,800 + $32,100
$41,900
2013
$656
$14,600 + $25,700
$40,300
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Heating & Cooling
Air Conditioning Type: Central
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Wood
Building Construction Quality: Good
Building Type: Residential
Property Information
Subdivision Name: RICE LAKE CITY OF
Living Sq. Ft: 1,275
Building Sq. Ft: 1,275
# of Stories: 1.2
Legal Description: N1/2 OF S1/2 OF NE1/4 OF NE1/4 OF NE1/4
Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 600
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 108,900
Municipality Name: RICE LAKE TWP
Acres: 2.5
Zoning Code: RES
County Use Description: RESIDENTIAL NON-HOMESTEAD (SIN
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,275
Stories: 1.2
Lot Size: 2.5 acres
Style: Other
Year Built: 1950
Year Renovated: —
County: St. Louis County
APN: 520-0019-00007
Home facts updated by county records on Aug 7, 2026
Around this home
Schools
Hermantown Middle School
Public 5-8 • Assigned • 5.0mi
8/10
Hermantown Senior High School
Public 9-12 • Assigned • 5.0mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
7 days above 89° expected this year, 12 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Rice Lake, MN • 55803
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39
39
26
23
8
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.