405 Garden St
Lake City, MN 55041
3 bd 2 ba 1,989 sqft Built 1905 Lot 9,017 sqft multi_family
Most recent sale
$112,500
Apr 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 25, 2022 | Sold | $112,500 | MLS #6146550 |
| Feb 7, 2022 | Price changed | $124,500 | MLS #6146550 |
| Jan 28, 2022 | Listed | $150,000 | MLS #6146550 |
| Sep 27, 1992 | Sold | $37,250 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $215,300 | $28,300 | $243,600 | $3,922 |
| 2023 | $152,700 | $24,600 | $177,300 | $2,926 |
| 2022 | $126,600 | $24,600 | $151,200 | $2,830 |
| 2021 | $113,200 | $33,800 | $147,000 | $2,790 |
| 2020 | $83,400 | $22,500 | $105,900 | $2,020 |
| 2019 | $83,000 | $22,500 | $105,500 | $2,076 |
| 2018 | $75,800 | $22,500 | $98,300 | $1,964 |
| 2017 | $76,600 | $22,500 | $99,100 | $1,926 |
| 2016 | $75,500 | $22,500 | $98,000 | $1,966 |
| 2015 | $80,300 | $22,500 | $102,800 | $2,014 |
| 2014 | $81,800 | $22,500 | $104,300 | $1,952 |
| 2013 | $82,600 | $22,500 | $105,100 | $1,938 |
| 2012 | $86,900 | $22,500 | $109,400 | $2,008 |
| 2011 | $87,700 | $22,500 | $110,200 | $1,922 |
| 2010 | $87,700 | $22,500 | $110,200 | $1,840 |
Property facts
Year built
1905
Property type
multi_family
Stories
2
Beds
3
Baths
2
Living area
1,989 sqft
Lot size
9,017 sqft
ZIP code
55041
City
Lake City
Street
Garden St
Coordinates
44.44514, -92.26558
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$675
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 405 Garden St last sell?
405 Garden St most recently sold on Apr 25, 2022 for $112,500.
What is the current tax assessment for 405 Garden St?
The most recent total assessment for 405 Garden St (year 2025) is $243,600 with $3,922 in property tax.
How does 405 Garden St's assessment compare to its last sale price?
The current assessment is 116.5% above the last sale price of $112,500.
When was 405 Garden St built?
405 Garden St was built in 1905.
How does 405 Garden St compare to others on Garden St?
We track 8 other properties on Garden St. Browse the list under "Other properties on Garden St" to compare beds, baths, and sale history.
What are the property facts for 405 Garden St?
405 Garden St is a 3 bed, 2 bath, 1,989 sqft, 9,017 sqft lot multi_family.
Is 405 Garden St a flip candidate?
No — 405 Garden St does not appear in our flips dataset.
Is 405 Garden St a tax-appeal candidate?
Yes — 405 Garden St 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 valuationQuarterly trend
+8.5%
Implied 1-yr
+34.1%
2026 Q3
$595.5K
2026 Q4
$628.1K
ZIP 55041 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Garden St