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518 6th St

Lake City, MN 55041

3 bd 1 ba 1,144 sqft Built 1890 Lot 6,752 sqft single_family
Most recent sale
$142,500
Dec 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 11, 2022 Listed for rent $1,100 TurboTenant
Feb 16, 2022 Listed for rent $1,100 TurboTenant
Dec 30, 2021 Sold $142,500 MLS #6123732
Nov 4, 2021 Listed $139,500 MLS #6123732
Apr 27, 2006 Sold $99,000 Public Record
Jul 19, 2004 Sold $77,320 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $125,500 $21,200 $146,700 $1,944
2023 $118,600 $18,500 $137,100 $1,694
2020 $78,700 $1,152
2019 $70,100 $1,166
2018 $69,100 $1,052
2017 $49,746 $11,454 $61,200 $1,038
2016 $50,216 $11,484 $61,700 $1,042
2015 $48,632 $11,368 $60,000 $1,028
2014 $49,008 $11,392 $60,400 $998
2013 $49,840 $11,460 $61,300 $990
2012 $50,216 $11,484 $61,700 $1,044
2011 $77,500 $16,900 $94,400 $1,062
2010 $77,400 $16,900 $94,300 $1,004
2009 $77,800 $16,900 $94,700 $962

Property facts

Year built
1890
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,144 sqft
Lot size
6,752 sqft
ZIP code
55041
City
Lake City
Street
6th St
Coordinates
44.44220, -92.26661

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
$855
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 518 6th St last sell?
518 6th St most recently sold on Dec 30, 2021 for $142,500.
What is the current tax assessment for 518 6th St?
The most recent total assessment for 518 6th St (year 2025) is $146,700 with $1,944 in property tax.
How does 518 6th St's assessment compare to its last sale price?
The current assessment is 2.9% above the last sale price of $142,500.
When was 518 6th St built?
518 6th St was built in 1890.
How does 518 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 518 6th St?
518 6th St is a 3 bed, 1 bath, 1,144 sqft, 6,752 sqft lot single_family.
Is 518 6th St a flip candidate?
No — 518 6th St does not appear in our flips dataset.
Is 518 6th St a tax-appeal candidate?
No — 518 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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