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7963 116th St

Clear Lake, MN 55319

4 bd 3 ba 2,142 sqft Built 2019 Lot 118,048 sqft single_family
Most recent sale
$495,000
Dec 22, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 4, 2022 Sold $525,000 NorthstarMLS
Sep 16, 2022 Listed $540,000 MLS #6261819
Dec 22, 2021 Sold $495,000 MLS #6128763
Nov 18, 2021 Listed $475,000 MLS #6128763
Nov 4, 2020 Sold $435,000 Public Record
Sep 30, 2020 Sold $435,000 MLS #5433612
Feb 3, 2020 Listed $436,700 MLS #5433612
Jan 9, 2020 Listing removed $432,100 NorthstarMLS
Oct 8, 2019 Price changed $432,100 MLS #5295189
Sep 19, 2019 Listed $430,100 MLS #5295189
Jul 3, 2019 Sold $53,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $358,500 $173,100 $531,600 $5,108
2023 $334,000 $154,900 $488,900 $4,664
2022 $280,738 $119,875 $400,613 $4,252
2021 $258,284 $99,819 $358,103 $3,998
2020 $90,700 $90,700 $1,256
2019 $90,700 $90,700 $1,272
2018 $88,800 $88,800 $1,280
2017 $88,800 $88,800 $1,312
2016 $88,800 $88,800 $1,330
2015 $81,200 $81,200 $1,134
2014 $81,200 $81,200 $1,176
2013 $100,200 $100,200 $1,466
2012 $100,200 $100,200 $1,450
2011 $84,900 $84,900 $1,128
2010 $84,900 $84,900 $926
2009 $71,500 $71,500 $858
2008 $57,700 $57,700 $678
2007 $115,100 $115,100 $378

Property facts

Year built
2019
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,142 sqft
Lot size
118,048 sqft
ZIP code
55319
City
Clear Lake
Street
116th St
Coordinates
45.40301, -93.99571

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,213
Gross rental yield
7.79%
Implied cap rate
5.06%
Trend-extrapolated value

Frequently asked questions

When did 7963 116th St last sell?
7963 116th St most recently sold on Dec 22, 2021 for $495,000.
What is the current tax assessment for 7963 116th St?
The most recent total assessment for 7963 116th St (year 2025) is $531,600 with $5,108 in property tax.
How does 7963 116th St's assessment compare to its last sale price?
The current assessment is 7.4% above the last sale price of $495,000.
When was 7963 116th St built?
7963 116th St was built in 2019.
How does 7963 116th St compare to others on 116th St?
We track 8 other properties on 116th St. Browse the list under "Other properties on 116th St" to compare beds, baths, and sale history.
What are the property facts for 7963 116th St?
7963 116th St is a 4 bed, 3 bath, 2,142 sqft, 118,048 sqft lot single_family.
Is 7963 116th St a flip candidate?
Yes — 7963 116th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7963 116th St a tax-appeal candidate?
No — 7963 116th 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
+3.0%
Implied 1-yr
+11.9%
2026 Q3
$401.5K
2026 Q4
$411.5K
ZIP 55319 — Median Price History + Forecast

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