Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 79M+ records · 26M+ properties All 50 states Methodology

18278 197th St

Big Lake, MN 55309

3 bd 2 ba 2,232 sqft Built 1986 Lot 31,363 sqft single_family
Most recent sale
$310,000
Mar 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 11, 2022 Sold $310,000 MLS #6131573
Dec 22, 2021 Relisted $300,000 MLS #6131573
Dec 20, 2021 Listing removed $300,000 NorthstarMLS
Dec 17, 2021 Listed $300,000 MLS #6131573

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $190,933 $115,241 $306,174 $2,726
2023 $190,635 $128,555 $319,190 $2,904
2022 $167,378 $86,303 $253,681 $2,536
2021 $158,189 $67,261 $225,450 $2,380
2020 $158,189 $67,261 $225,450 $2,204
2019 $144,207 $61,078 $205,285 $2,066
2018 $132,770 $55,511 $188,281 $1,772
2017 $116,502 $45,183 $161,685 $1,644
2016 $105,795 $42,701 $148,496 $1,582
2015 $99,800 $40,500 $140,300 $1,536
2014 $96,400 $40,300 $136,700 $1,616
2013 $92,600 $38,200 $130,800 $1,624
2012 $92,600 $38,200 $130,800 $1,804
2011 $98,500 $45,000 $143,500 $1,796
2010 $118,900 $57,500 $176,400 $1,806
2009 $133,100 $63,100 $196,200 $1,878
2008 $134,400 $63,100 $197,500 $1,928
2007 $134,400 $58,000 $192,400 $1,596

Property facts

Year built
1986
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,232 sqft
Lot size
31,363 sqft
ZIP code
55309
City
Big Lake
Street
197th St
Coordinates
45.30308, -93.77027

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,348
Gross rental yield
12.96%
Implied cap rate
8.42%
Trend-extrapolated value

Frequently asked questions

When did 18278 197th St last sell?
18278 197th St most recently sold on Mar 11, 2022 for $310,000.
What is the current tax assessment for 18278 197th St?
The most recent total assessment for 18278 197th St (year 2025) is $306,174 with $2,726 in property tax.
How does 18278 197th St's assessment compare to its last sale price?
The current assessment is 1.2% below the last sale price of $310,000.
When was 18278 197th St built?
18278 197th St was built in 1986.
How does 18278 197th St compare to others on 197th St?
We track 7 other properties on 197th St. Browse the list under "Other properties on 197th St" to compare beds, baths, and sale history.
What are the property facts for 18278 197th St?
18278 197th St is a 3 bed, 2 bath, 2,232 sqft, 31,363 sqft lot single_family.
Is 18278 197th St a flip candidate?
No — 18278 197th St does not appear in our flips dataset.
Is 18278 197th St a tax-appeal candidate?
No — 18278 197th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.1%
Implied 1-yr
+4.5%
2026 Q3
$400.1K
2026 Q4
$404.3K
ZIP 55309 — Median Price History + Forecast

Explore nearby