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12494 194th Ln

Elk River, MN 55330

4 bd 3 ba 2,458 sqft Built 1996 Lot 16,988 sqft single_family
Most recent sale
$419,000
Jul 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 20, 2026 Sold $465,000 NorthstarMLS
Feb 14, 2026 Listed $459,900 NorthstarMLS
Jul 27, 2022 Sold $419,000 MLS #6198480
May 19, 2022 Listed $419,000 MLS #6198480
Jan 27, 2012 Listing removed $274,900 NorthstarMLS
Jun 1, 2009 Sold $236,900 MLS #3656282
Mar 9, 2009 Listed $259,900 MLS #3656282
Jan 22, 2009 Listing removed $264,900 NorthstarMLS
Oct 15, 2008 Listed $264,900 MLS #3610475
May 20, 2008 Listed $274,900 MLS #3545620
Jan 16, 1998 Sold $166,600 Public Record
Nov 4, 1996 Sold $34,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $325,116 $101,721 $426,837 $5,644
2023 $299,935 $101,441 $401,376 $5,460
2022 $255,354 $65,035 $320,389 $4,882
2021 $242,085 $61,954 $304,039 $4,802
2020 $233,579 $54,437 $288,016 $4,716
2019 $214,067 $50,841 $264,908 $4,022
2018 $192,863 $47,084 $239,947 $3,812
2017 $181,663 $42,915 $224,578 $3,622
2016 $171,200 $40,700 $211,900 $3,474
2015 $159,000 $38,000 $197,000 $3,334
2014 $147,500 $34,500 $182,000 $3,220
2013 $132,400 $33,900 $166,300 $3,022
2012 $148,900 $40,000 $188,900 $3,234
2011 $168,100 $53,600 $221,700 $3,370
2010 $168,100 $53,600 $221,700 $3,352
2009 $194,500 $65,000 $259,500 $3,572
2008 $194,500 $65,000 $259,500 $3,390
2007 $194,500 $65,000 $259,500 $3,370

Property facts

Year built
1996
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,458 sqft
Lot size
16,988 sqft
ZIP code
55330
City
Elk River
Street
194th Ln
Coordinates
45.32388, -93.58419

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,687
Gross rental yield
10.56%
Implied cap rate
6.86%
Trend-extrapolated value

Frequently asked questions

When did 12494 194th Ln last sell?
12494 194th Ln most recently sold on Jul 27, 2022 for $419,000.
What is the current tax assessment for 12494 194th Ln?
The most recent total assessment for 12494 194th Ln (year 2025) is $426,837 with $5,644 in property tax.
How does 12494 194th Ln's assessment compare to its last sale price?
The current assessment is 1.9% above the last sale price of $419,000.
When was 12494 194th Ln built?
12494 194th Ln was built in 1996.
How does 12494 194th Ln compare to others on 194th Ln?
We track 6 other properties on 194th Ln. Browse the list under "Other properties on 194th Ln" to compare beds, baths, and sale history.
What are the property facts for 12494 194th Ln?
12494 194th Ln is a 4 bed, 3 bath, 2,458 sqft, 16,988 sqft lot single_family.
Is 12494 194th Ln a flip candidate?
No — 12494 194th Ln does not appear in our flips dataset.
Is 12494 194th Ln a tax-appeal candidate?
No — 12494 194th 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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