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1020 Center St

Lake City, MN 55041

3 bd 2 ba 1,338 sqft Built 1965 Lot 16,117 sqft single_family
Most recent sale
$237,000
Dec 17, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 17, 2021 Sold $237,000 MLS #6027326
Oct 16, 2021 Price changed $240,000 MLS #6027326
Aug 30, 2021 Price changed $250,000 MLS #6027326
Aug 10, 2021 Price changed $260,000 MLS #6027326
Jul 20, 2021 Listed $265,000 MLS #6027326
Apr 27, 2021 Sold $135,000 MLS #5723572
Mar 23, 2021 Listed $144,900 MLS #5723572

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $108,300 $1,630
2019 $101,000 $1,596
2018 $96,100 $1,552
2017 $63,066 $28,934 $92,000 $1,532
2016 $64,065 $29,035 $93,100 $1,548
2015 $62,230 $28,870 $91,100 $1,524
2014 $62,694 $28,906 $91,600 $1,434
2013 $61,234 $28,766 $90,000 $1,422
2012 $61,698 $28,802 $90,500 $1,480
2011 $83,900 $37,300 $121,200 $1,486
2010 $84,800 $37,300 $122,100 $1,408

Property facts

Year built
1965
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,338 sqft
Lot size
16,117 sqft
ZIP code
55041
City
Lake City
Street
Center St
Coordinates
44.44028, -92.27655

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
$2,007
Gross rental yield
10.16%
Implied cap rate
6.61%
Trend-extrapolated value

Frequently asked questions

When did 1020 Center St last sell?
1020 Center St most recently sold on Dec 17, 2021 for $237,000.
What is the current tax assessment for 1020 Center St?
The most recent total assessment for 1020 Center St (year 2020) is $108,300 with $1,630 in property tax.
How does 1020 Center St's assessment compare to its last sale price?
The current assessment is 54.3% below the last sale price of $237,000.
When was 1020 Center St built?
1020 Center St was built in 1965.
How does 1020 Center St compare to others on Center St?
We track 8 other properties on Center St. Browse the list under "Other properties on Center St" to compare beds, baths, and sale history.
What are the property facts for 1020 Center St?
1020 Center St is a 3 bed, 2 bath, 1,338 sqft, 16,117 sqft lot single_family.
Is 1020 Center St a flip candidate?
Yes — 1020 Center St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1020 Center St a tax-appeal candidate?
No — 1020 Center 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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