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514 6th St

Lake City, MN 55041

4 bd 2 ba 2,060 sqft Built 1890 Lot 11,238 sqft single_family
Most recent sale
$175,000
Oct 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 29, 2024 Sold $260,000 NorthstarMLS
Jul 4, 2024 Price changed $265,000 NorthstarMLS
Jun 19, 2024 Listed $275,000 NorthstarMLS
Oct 7, 2022 Sold $175,000 MLS #6220931
Jul 25, 2022 Price changed $189,000 MLS #6220931
Jun 16, 2022 Listed $199,000 MLS #6220931

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $137,400 $1,938
2019 $120,900 $1,972
2018 $119,700 $1,698
2017 $75,765 $25,335 $101,100 $1,670
2016 $76,430 $25,370 $101,800 $1,668
2015 $73,246 $25,154 $98,400 $1,644
2014 $73,909 $25,191 $99,100 $1,598
2013 $75,481 $25,319 $100,800 $1,586
2012 $76,145 $25,355 $101,500 $1,660
2011 $100,400 $31,800 $132,200 $1,650
2010 $101,100 $31,800 $132,900 $1,570
2009 $101,900 $31,800 $133,700 $1,544

Property facts

Year built
1890
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,060 sqft
Lot size
11,238 sqft
ZIP code
55041
City
Lake City
Street
6th St
Coordinates
44.44232, -92.26681

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
$1,050
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 514 6th St last sell?
514 6th St most recently sold on Oct 7, 2022 for $175,000.
What is the current tax assessment for 514 6th St?
The most recent total assessment for 514 6th St (year 2020) is $137,400 with $1,938 in property tax.
How does 514 6th St's assessment compare to its last sale price?
The current assessment is 21.5% below the last sale price of $175,000.
When was 514 6th St built?
514 6th St was built in 1890.
How does 514 6th St compare to others on 6th St?
We track 8 other properties on 6th St. Browse the list under "Other properties on 6th St" to compare beds, baths, and sale history.
What are the property facts for 514 6th St?
514 6th St is a 4 bed, 2 bath, 2,060 sqft, 11,238 sqft lot single_family.
Is 514 6th St a flip candidate?
Yes — 514 6th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 514 6th St a tax-appeal candidate?
No — 514 6th St 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
+8.5%
Implied 1-yr
+34.1%
2026 Q3
$595.5K
2026 Q4
$628.1K
ZIP 55041 — Median Price History + Forecast

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