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588 Cedar Dr

Lake City, MN 55041

Lot 871 sqft land
Most recent sale
$36,950
Mar 7, 2003

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 31, 2024 Sold $16,900 NorthstarMLS
May 7, 2020 Relisted $16,900 MLS #5195851
May 1, 2020 Listing removed $16,900 NorthstarMLS
Mar 7, 2019 Listing removed $29,900 NorthstarMLS
Mar 6, 2019 Listed $16,900 MLS #5195851
Dec 10, 2018 Listing removed $29,900 GreaterLakes
Jan 31, 2018 Listing removed $22,900 Southeastminnesota
Jan 31, 2017 Listed $22,900 MLS #5048041
Apr 5, 2011 Listing removed $29,900 Southeastminnesota
Apr 5, 2010 Listed $29,900 MLS #5041746
Feb 27, 2009 Listing removed $39,900 Southeastminnesota
Feb 27, 2008 Listed $39,900 MLS #5039085
Mar 7, 2003 Sold $36,950 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $20,000 $20,000 $322
2023 $20,000 $20,000 $330
2022 $20,000 $20,000 $374
2021 $8,000 $8,000 $152
2020 $8,000 $8,000 $152
2019 $8,000 $8,000 $158
2018 $8,000 $8,000 $160
2017 $8,000 $8,000 $156
2016 $8,000 $8,000 $160
2015 $8,000 $8,000 $156
2014 $8,000 $8,000 $150
2013 $20,000 $20,000 $368
2012 $22,600 $22,600 $416
2011 $22,600 $22,600 $394
2010 $22,600 $22,600 $376

Property facts

Year built
Property type
land
Stories
Beds
Baths
Living area
Lot size
871 sqft
ZIP code
55041
City
Lake City
Street
Cedar Dr
Coordinates
44.44459, -92.30218

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 588 Cedar Dr last sell?
588 Cedar Dr most recently sold on Mar 7, 2003 for $36,950.
What is the current tax assessment for 588 Cedar Dr?
The most recent total assessment for 588 Cedar Dr (year 2025) is $20,000 with $322 in property tax.
How does 588 Cedar Dr's assessment compare to its last sale price?
The current assessment is 45.9% below the last sale price of $36,950.
When was 588 Cedar Dr built?
The year built for 588 Cedar Dr is not in our records.
How does 588 Cedar Dr compare to others on Cedar Dr?
We track 8 other properties on Cedar Dr. Browse the list under "Other properties on Cedar Dr" to compare beds, baths, and sale history.
What are the property facts for 588 Cedar Dr?
588 Cedar Dr is a 871 sqft lot land.
Is 588 Cedar Dr a flip candidate?
No — 588 Cedar Dr does not appear in our flips dataset.
Is 588 Cedar Dr a tax-appeal candidate?
Yes — 588 Cedar Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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