12979 196th Ln
Elk River, MN 55330
5 bd 5 ba 3,866 sqft Built 2005 Lot 16,117 sqft single_family
Most recent sale
$589,152
Oct 28, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 14, 2024 | Price changed | $545,000 | NorthstarMLS |
| Nov 30, 2023 | Listing removed | — | NorthstarMLS |
| Nov 29, 2023 | Listed | $574,900 | NorthstarMLS |
| Oct 26, 2023 | Price changed | $579,900 | NorthstarMLS |
| Sep 22, 2023 | Price changed | $599,900 | NorthstarMLS |
| Sep 7, 2023 | Price changed | $614,999 | NorthstarMLS |
| Aug 16, 2023 | Price changed | $624,999 | NorthstarMLS |
| Jul 19, 2023 | Listed | $639,900 | NorthstarMLS |
| Oct 28, 2021 | Sold | $589,152 | Public Record |
| Aug 26, 2005 | Sold | $73,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $542,200 | $102,600 | $644,800 | $8,878 |
| 2023 | $484,300 | $112,200 | $596,500 | $8,368 |
| 2022 | $427,600 | $77,100 | $504,700 | $7,668 |
| 2021 | $420,000 | $73,800 | $493,800 | $7,752 |
| 2020 | $417,400 | $68,000 | $485,400 | $7,894 |
| 2019 | $406,700 | $64,000 | $470,700 | $7,100 |
| 2018 | $381,900 | $60,000 | $441,900 | $6,964 |
| 2017 | $371,500 | $55,500 | $427,000 | $6,820 |
| 2016 | $357,700 | $53,000 | $410,700 | $6,664 |
| 2015 | $334,600 | $49,600 | $384,200 | $6,436 |
| 2014 | $312,700 | $49,100 | $361,800 | $6,348 |
| 2013 | $296,700 | $48,900 | $345,600 | $6,206 |
| 2012 | $335,100 | $56,500 | $391,600 | $6,632 |
| 2011 | $345,200 | $69,800 | $415,000 | $6,622 |
| 2009 | $416,500 | $83,000 | $499,500 | $7,142 |
| 2008 | $385,600 | $83,000 | $468,600 | $6,366 |
| 2007 | $385,600 | $77,000 | $462,600 | $6,256 |
Property facts
Year built
2005
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
3,866 sqft
Lot size
16,117 sqft
ZIP code
55330
City
Elk River
Street
196th Ln
Coordinates
45.32770, -93.59720
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,799
Gross rental yield
11.81%
Implied cap rate
7.68%
Trend-extrapolated value
—
Frequently asked questions
When did 12979 196th Ln last sell?
12979 196th Ln most recently sold on Oct 28, 2021 for $589,152.
What is the current tax assessment for 12979 196th Ln?
The most recent total assessment for 12979 196th Ln (year 2025) is $644,800 with $8,878 in property tax.
How does 12979 196th Ln's assessment compare to its last sale price?
The current assessment is 9.4% above the last sale price of $589,152.
When was 12979 196th Ln built?
12979 196th Ln was built in 2005.
How does 12979 196th Ln compare to others on 196th Ln?
We track 8 other properties on 196th Ln. Browse the list under "Other properties on 196th Ln" to compare beds, baths, and sale history.
What are the property facts for 12979 196th Ln?
12979 196th Ln is a 5 bed, 5 bath, 3,866 sqft, 16,117 sqft lot single_family.
Is 12979 196th Ln a flip candidate?
No — 12979 196th Ln does not appear in our flips dataset.
Is 12979 196th Ln a tax-appeal candidate?
No — 12979 196th Ln 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
Explore nearby
Geography
Other properties on 196th Ln