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8371 116th St

Clear Lake, MN 55319

5 bd 4 ba 3,073 sqft Built 2019 Lot 224,770 sqft single_family
Most recent sale
$588,000
Apr 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 11, 2026 Listed for rent $2,900 TenantTurner
Apr 27, 2022 Sold $588,000 MLS #6127608
Feb 16, 2022 Price changed $599,900 MLS #6127608
Dec 9, 2021 Price changed $629,900 MLS #6127608
Nov 19, 2021 Listed $649,900 MLS #6127608
Aug 30, 2019 Sold $340,000 MLS #5286317
Mar 18, 2019 Sold $61,500 Public Record
Oct 22, 2018 Price changed $62,999 MLS #4910353
Jun 6, 2018 Relisted $64,900 MLS #4910353
May 24, 2018 Price changed $64,900 MLS #4910353
Mar 27, 2018 Price changed $69,900 MLS #4910353
Feb 23, 2018 Listed $74,900 MLS #4910353
Aug 12, 1998 Sold $32,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $342,700 $222,700 $565,400 $5,488
2023 $343,500 $93,500 $437,000 $4,170
2022 $287,256 $86,434 $373,690 $3,972
2021 $257,627 $81,619 $339,246 $3,792
2020 $257,627 $81,619 $339,246 $498
2019 $36,780 $36,780 $810
2018 $57,700 $57,700 $714
2017 $49,500 $49,500 $732
2016 $49,500 $49,500 $742
2015 $49,500 $49,500 $658
2014 $47,100 $47,100 $658
2013 $45,400 $45,400 $678
2012 $46,300 $46,300 $670
2011 $46,300 $46,300 $648
2010 $48,700 $48,700 $648
2009 $54,700 $54,700 $656
2008 $47,600 $47,600 $560
2007 $51,500 $51,500 $482

Property facts

Year built
2019
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,073 sqft
Lot size
224,770 sqft
ZIP code
55319
City
Clear Lake
Street
116th St
Coordinates
45.40188, -93.98715

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,610
Gross rental yield
9.41%
Implied cap rate
6.12%
Trend-extrapolated value

Frequently asked questions

When did 8371 116th St last sell?
8371 116th St most recently sold on Apr 27, 2022 for $588,000.
What is the current tax assessment for 8371 116th St?
The most recent total assessment for 8371 116th St (year 2025) is $565,400 with $5,488 in property tax.
How does 8371 116th St's assessment compare to its last sale price?
The current assessment is 3.8% below the last sale price of $588,000.
When was 8371 116th St built?
8371 116th St was built in 2019.
How does 8371 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 8371 116th St?
8371 116th St is a 5 bed, 4 bath, 3,073 sqft, 224,770 sqft lot single_family.
Is 8371 116th St a flip candidate?
Yes — 8371 116th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8371 116th St a tax-appeal candidate?
No — 8371 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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