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8515 116th St

Clear Lake, MN 55319

3 bd 3 ba 2,318 sqft Built 2006 Lot 90,605 sqft single_family
Most recent sale
$521,000
Sep 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 19, 2022 Sold $521,000 MLS #6247879
Aug 11, 2022 Listed $489,000 MLS #6247879
Jun 13, 2017 Sold $350,000 MLS #4792796
Feb 7, 2017 Listed $365,000 MLS #4792796

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $353,984 $147,518 $501,502 $4,772
2023 $299,000 $129,800 $428,800 $8,184
2022 $262,338 $84,756 $347,094 $3,696
2021 $243,100 $74,237 $317,337 $3,552
2020 $243,100 $74,237 $317,337 $3,448
2019 $226,135 $67,222 $293,357 $3,164
2018 $202,777 $63,003 $265,780 $2,948
2017 $186,783 $54,581 $241,364 $2,834
2016 $173,883 $52,221 $226,104 $2,590
2015 $152,000 $51,400 $203,400 $2,256
2014 $145,200 $48,900 $194,100 $2,194
2013 $134,800 $46,900 $181,700 $2,250
2012 $135,700 $47,700 $183,400 $2,330
2011 $144,000 $48,000 $192,000 $2,226
2010 $162,600 $55,000 $217,600 $2,148
2009 $191,200 $62,900 $254,100 $2,382
2008 $19,400 $47,600 $67,000 $788
2007 $50,800 $50,800 $482

Property facts

Year built
2006
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,318 sqft
Lot size
90,605 sqft
ZIP code
55319
City
Clear Lake
Street
116th St
Coordinates
45.40135, -93.98558

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,477
Gross rental yield
8.01%
Implied cap rate
5.21%
Trend-extrapolated value

Frequently asked questions

When did 8515 116th St last sell?
8515 116th St most recently sold on Sep 19, 2022 for $521,000.
What is the current tax assessment for 8515 116th St?
The most recent total assessment for 8515 116th St (year 2025) is $501,502 with $4,772 in property tax.
How does 8515 116th St's assessment compare to its last sale price?
The current assessment is 3.7% below the last sale price of $521,000.
When was 8515 116th St built?
8515 116th St was built in 2006.
How does 8515 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 8515 116th St?
8515 116th St is a 3 bed, 3 bath, 2,318 sqft, 90,605 sqft lot single_family.
Is 8515 116th St a flip candidate?
No — 8515 116th St does not appear in our flips dataset.
Is 8515 116th St a tax-appeal candidate?
No — 8515 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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