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71015 Highway 61

Lake City, MN 55041

2 bd 1 ba 810 sqft Built 1930 Lot 19,994 sqft single_family
Most recent sale
$225,000
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 29, 2022 Sold $225,000 Public Record
Jun 4, 2022 Listed $225,000 MLS #6213358
Jan 16, 2019 Sold $56,000 Public Record
Jan 1, 2019 Sold $56,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $138,100 $70,000 $208,100 $1,500
2023 $77,900 $57,500 $135,400 $926
2022 $59,400 $57,500 $116,900 $932
2021 $54,400 $68,800 $123,200 $1,034
2020 $54,400 $68,800 $123,200 $1,010
2019 $54,800 $63,800 $118,600 $904
2018 $52,000 $51,000 $103,000 $1,012
2017 $48,500 $66,200 $114,700 $1,030
2016 $48,900 $66,200 $115,100 $1,060
2015 $49,700 $66,200 $115,900 $986
2014 $49,800 $66,200 $116,000 $946
2013 $50,400 $66,200 $116,600 $896
2012 $54,500 $56,000 $110,500 $910
2011 $55,000 $56,000 $111,000 $966
2010 $55,100 $56,000 $111,100 $938
2009 $55,500 $56,000 $111,500 $908

Property facts

Year built
1930
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
810 sqft
Lot size
19,994 sqft
ZIP code
55041
City
Lake City
Street
Highway 61
Coordinates
44.40962, -92.11717

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,215
Gross rental yield
6.48%
Implied cap rate
4.21%
Trend-extrapolated value

Frequently asked questions

When did 71015 Highway 61 last sell?
71015 Highway 61 most recently sold on Jul 29, 2022 for $225,000.
What is the current tax assessment for 71015 Highway 61?
The most recent total assessment for 71015 Highway 61 (year 2025) is $208,100 with $1,500 in property tax.
How does 71015 Highway 61's assessment compare to its last sale price?
The current assessment is 7.5% below the last sale price of $225,000.
When was 71015 Highway 61 built?
71015 Highway 61 was built in 1930.
How does 71015 Highway 61 compare to others on Highway 61?
We track 8 other properties on Highway 61. Browse the list under "Other properties on Highway 61" to compare beds, baths, and sale history.
What are the property facts for 71015 Highway 61?
71015 Highway 61 is a 2 bed, 1 bath, 810 sqft, 19,994 sqft lot single_family.
Is 71015 Highway 61 a flip candidate?
No — 71015 Highway 61 does not appear in our flips dataset.
Is 71015 Highway 61 a tax-appeal candidate?
No — 71015 Highway 61 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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