23556 116th St
Elk River, MN 55330
7 bd 5 ba 5,548 sqft Built 1998 Lot 142,441 sqft single_family
Most recent sale
$510,000
Aug 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 16, 2026 | Sold | $618,500 | NorthstarMLS |
| Oct 25, 2025 | Price changed | $625,000 | NorthstarMLS |
| Sep 16, 2025 | Price changed | $649,000 | NorthstarMLS |
| Aug 23, 2025 | Relisted | $675,000 | NorthstarMLS |
| Jul 21, 2025 | Listed | $675,000 | NorthstarMLS |
| Aug 12, 2022 | Sold | $510,000 | Public Record |
| Jun 10, 2022 | Listed | $525,000 | MLS #6217794 |
| Nov 8, 2013 | Sold | $339,000 | MLS #4397776 |
| Oct 28, 2013 | Relisted | $339,000 | MLS #4397776 |
| Sep 11, 2013 | Listing removed | $339,000 | NorthstarMLS |
| Aug 20, 2013 | Price changed | $339,000 | MLS #4397776 |
| Aug 2, 2013 | Listed | $355,000 | MLS #4397776 |
| May 13, 2010 | Sold | $252,500 | Public Record |
| Nov 25, 2009 | Sold | $144,900 | MLS #3808863 |
| Sep 26, 2009 | Price changed | $179,900 | MLS #3808863 |
| Aug 19, 2009 | Price changed | $204,250 | MLS #3808863 |
| Aug 15, 2009 | Relisted | $215,000 | MLS #3808863 |
| Jul 22, 2009 | Listing removed | $215,000 | NorthstarMLS |
| Jul 7, 2009 | Listed | $215,000 | MLS #3808863 |
| Aug 25, 2005 | Sold | $450,000 | Public Record |
| Oct 11, 2004 | Sold | $165,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $502,800 | $153,300 | $656,100 | $7,436 |
| 2023 | $507,700 | $114,800 | $622,500 | $7,100 |
| 2022 | $421,300 | $83,300 | $504,600 | $6,358 |
| 2021 | $406,600 | $68,200 | $474,800 | $6,306 |
| 2020 | $406,600 | $68,200 | $474,800 | $6,142 |
| 2019 | $394,600 | $62,800 | $457,400 | $5,290 |
| 2018 | $375,000 | $57,900 | $432,900 | $5,178 |
| 2017 | $339,854 | $54,982 | $394,836 | $4,902 |
| 2016 | $318,252 | $45,083 | $363,335 | $4,802 |
| 2015 | $301,800 | $44,900 | $346,700 | $4,680 |
| 2014 | $281,400 | $39,500 | $320,900 | $4,670 |
| 2013 | $265,800 | $39,200 | $305,000 | $4,776 |
| 2012 | $268,400 | $40,300 | $308,700 | $4,994 |
| 2011 | $295,200 | $50,100 | $345,300 | $4,816 |
| 2010 | $308,000 | $56,800 | $364,800 | $4,732 |
| 2009 | $308,000 | $71,900 | $379,900 | $5,090 |
| 2008 | $354,000 | $92,100 | $446,100 | $4,796 |
| 2007 | $337,400 | $92,100 | $429,500 | $4,346 |
Property facts
Year built
1998
Property type
single_family
Stories
2
Beds
7
Baths
5
Living area
5,548 sqft
Lot size
142,441 sqft
ZIP code
55330
City
Elk River
Street
116th St
Coordinates
45.39788, -93.56037
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,060
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 23556 116th St last sell?
23556 116th St most recently sold on Aug 12, 2022 for $510,000.
What is the current tax assessment for 23556 116th St?
The most recent total assessment for 23556 116th St (year 2025) is $656,100 with $7,436 in property tax.
How does 23556 116th St's assessment compare to its last sale price?
The current assessment is 28.6% above the last sale price of $510,000.
When was 23556 116th St built?
23556 116th St was built in 1998.
How does 23556 116th St compare to others on 116th St?
We do not currently track other properties on 116th St.
What are the property facts for 23556 116th St?
23556 116th St is a 7 bed, 5 bath, 5,548 sqft, 142,441 sqft lot single_family.
Is 23556 116th St a flip candidate?
No — 23556 116th St does not appear in our flips dataset.
Is 23556 116th St a tax-appeal candidate?
No — 23556 116th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.0%
Implied 1-yr
+0.0%
2026 Q3
$403.1K
2026 Q4
$403.2K
ZIP 55330 — Median Price History + Forecast
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Geography