116 Lilac Ln
Alexandria, MN 56308
2 bd 3 ba 2,454 sqft Built 1990 Lot 43,996 sqft single_family
Most recent sale
$500,000
Jan 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 5, 2022 | Sold | $500,000 | MLS #6132907 |
| Dec 4, 2021 | Listed | $525,000 | MLS #6132907 |
| Sep 3, 2019 | Sold | $200,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $406,500 | $206,300 | $612,800 | $6,228 |
| 2025 | $376,000 | $206,300 | $582,300 | $6,092 |
| 2024 | $337,000 | $195,000 | $532,000 | $7,648 |
| 2023 | $282,600 | $147,000 | $429,600 | $4,906 |
| 2020 | — | — | $327,692 | $4,256 |
| 2019 | — | — | $310,252 | $3,952 |
| 2018 | — | — | $293,466 | $3,720 |
| 2017 | — | — | $283,547 | $3,492 |
| 2016 | — | — | $266,107 | $3,474 |
| 2015 | — | — | $248,400 | $3,336 |
| 2014 | — | — | $246,200 | $3,298 |
| 2013 | — | — | $249,200 | $3,334 |
| 2011 | $133,100 | $156,100 | $289,200 | $5,948 |
| 2010 | — | — | $815,500 | $5,726 |
Property facts
Year built
1990
Property type
single_family
Stories
1
Beds
2
Baths
3
Living area
2,454 sqft
Lot size
43,996 sqft
ZIP code
56308
City
Alexandria
Street
Lilac Ln
Coordinates
45.88300, -95.33503
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
$3,681
Gross rental yield
8.83%
Implied cap rate
5.74%
Trend-extrapolated value
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Frequently asked questions
When did 116 Lilac Ln last sell?
116 Lilac Ln most recently sold on Jan 5, 2022 for $500,000.
What is the current tax assessment for 116 Lilac Ln?
The most recent total assessment for 116 Lilac Ln (year 2026) is $612,800 with $6,228 in property tax.
How does 116 Lilac Ln's assessment compare to its last sale price?
The current assessment is 22.6% above the last sale price of $500,000.
When was 116 Lilac Ln built?
116 Lilac Ln was built in 1990.
How does 116 Lilac Ln compare to others on Lilac Ln?
We track 5 other properties on Lilac Ln. Browse the list under "Other properties on Lilac Ln" to compare beds, baths, and sale history.
What are the property facts for 116 Lilac Ln?
116 Lilac Ln is a 2 bed, 3 bath, 2,454 sqft, 43,996 sqft lot single_family.
Is 116 Lilac Ln a flip candidate?
No — 116 Lilac Ln does not appear in our flips dataset.
Is 116 Lilac Ln a tax-appeal candidate?
Yes — 116 Lilac Ln 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
+0.1%
Implied 1-yr
+0.3%
2026 Q3
$339.3K
2026 Q4
$339.6K
ZIP 56308 — Median Price History + Forecast
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Geography
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