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10938 181st Ln

Elk River, MN 55330

3 bd 2 ba 1,472 sqft Built 2001 Lot 1,307 sqft townhomes
Most recent sale
$232,000
Feb 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 23, 2025 Listed for rent $1,450 RentalBeast
Jun 17, 2025 Price changed $254,900 NorthstarMLS
May 21, 2025 Listed $259,900 NorthstarMLS
Aug 30, 2024 Sold $240,000 NorthstarMLS
Jun 10, 2024 Listed $242,900 NorthstarMLS
Feb 28, 2022 Sold $232,000 MLS #6096282
Dec 31, 2021 Listed $224,900 MLS #6096282
Sep 16, 2015 Sold $144,000 MLS #4624040
Jul 16, 2015 Listed $140,000 MLS #4624040
Oct 1, 2012 Listing removed $1,295 NorthstarMLS
Aug 8, 2012 Listed for rent $1,295 NorthstarMLS
Dec 30, 2008 Sold $113,900 Public Record
Dec 1, 2004 Sold $169,500 Public Record
Sep 20, 2002 Sold $148,185 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $186,122 $24,459 $210,581 $2,842
2023 $154,407 $45,101 $199,508 $2,764
2022 $134,989 $31,165 $166,154 $2,582
2021 $125,159 $26,607 $151,766 $2,454
2020 $125,159 $26,607 $151,766 $2,272
2019 $111,867 $23,331 $135,198 $1,886
2018 $99,878 $21,695 $121,573 $1,786
2017 $89,882 $20,028 $109,910 $1,644
2016 $82,158 $17,288 $99,446 $1,550
2015 $75,700 $16,300 $92,000 $1,344
2014 $63,700 $13,100 $76,800 $1,578
2013 $73,300 $16,700 $90,000 $1,180
2012 $51,100 $11,400 $62,500 $1,382
2011 $61,800 $16,500 $78,300 $1,534
2010 $86,100 $26,600 $112,700 $1,700
2009 $99,000 $29,000 $128,000 $1,782
2008 $121,500 $29,000 $150,500 $1,814
2007 $120,300 $29,000 $149,300 $1,782

Property facts

Year built
2001
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,472 sqft
Lot size
1,307 sqft
ZIP code
55330
City
Elk River
Street
181st Ln
Coordinates
45.30121, -93.54522

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
$2,208
Gross rental yield
11.42%
Implied cap rate
7.42%
Trend-extrapolated value

Frequently asked questions

When did 10938 181st Ln last sell?
10938 181st Ln most recently sold on Feb 28, 2022 for $232,000.
What is the current tax assessment for 10938 181st Ln?
The most recent total assessment for 10938 181st Ln (year 2025) is $210,581 with $2,842 in property tax.
How does 10938 181st Ln's assessment compare to its last sale price?
The current assessment is 9.2% below the last sale price of $232,000.
When was 10938 181st Ln built?
10938 181st Ln was built in 2001.
How does 10938 181st Ln compare to others on 181st Ln?
We track 8 other properties on 181st Ln. Browse the list under "Other properties on 181st Ln" to compare beds, baths, and sale history.
What are the property facts for 10938 181st Ln?
10938 181st Ln is a 3 bed, 2 bath, 1,472 sqft, 1,307 sqft lot townhomes.
Is 10938 181st Ln a flip candidate?
No — 10938 181st Ln does not appear in our flips dataset.
Is 10938 181st Ln a tax-appeal candidate?
No — 10938 181st Ln 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
+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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