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16145 County Highway 116

Fergus Falls, MN 56537

3 bd 2 ba 1,536 sqft Built 1980 Lot 43,560 sqft single_family
Most recent sale
$200,000
Sep 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 22, 2026 Listed $239,900 NorthstarMLS
Oct 13, 2025 Price changed $239,900 NorthstarMLS
Sep 11, 2025 Listed $249,900 NorthstarMLS
Sep 1, 2022 Sold $200,000 MLS #6233513
Jul 19, 2022 Price changed $209,000 MLS #6233513
Jul 12, 2022 Listed $225,000 MLS #6233513

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $125,400 $1,230
2019 $118,700 $1,222
2018 $114,800 $1,042
2017 $100,600 $1,046
2016 $101,100 $1,042
2015 $100,500 $968
2014 $92,400 $904
2013 $93,500 $942
2007 $95,600 $20,000 $115,600 $662

Property facts

Year built
1980
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,536 sqft
Lot size
43,560 sqft
ZIP code
56537
City
Fergus Falls
Street
County Highway 116
Coordinates
46.31158, -96.14699

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,304
Gross rental yield
13.82%
Implied cap rate
8.99%
Trend-extrapolated value

Frequently asked questions

When did 16145 County Highway 116 last sell?
16145 County Highway 116 most recently sold on Sep 1, 2022 for $200,000.
What is the current tax assessment for 16145 County Highway 116?
The most recent total assessment for 16145 County Highway 116 (year 2020) is $125,400 with $1,230 in property tax.
How does 16145 County Highway 116's assessment compare to its last sale price?
The current assessment is 37.3% below the last sale price of $200,000.
When was 16145 County Highway 116 built?
16145 County Highway 116 was built in 1980.
How does 16145 County Highway 116 compare to others on County Highway 116?
We track 3 other properties on County Highway 116. Browse the list under "Other properties on County Highway 116" to compare beds, baths, and sale history.
What are the property facts for 16145 County Highway 116?
16145 County Highway 116 is a 3 bed, 2 bath, 1,536 sqft, 43,560 sqft lot single_family.
Is 16145 County Highway 116 a flip candidate?
No — 16145 County Highway 116 does not appear in our flips dataset.
Is 16145 County Highway 116 a tax-appeal candidate?
No — 16145 County Highway 116 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
+7.6%
Implied 1-yr
+30.4%
2026 Q3
$371.6K
2026 Q4
$390.5K
ZIP 56537 — Median Price History + Forecast

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