200 Michigan St
Lake City, MN 55041
2 bd 2 ba 1,755 sqft Built 2006 Lot 2,483 sqft single_family
Most recent sale
$695,000
May 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 27, 2022 | Sold | $695,000 | MLS #6183920 |
| Apr 23, 2022 | Listed | $695,000 | MLS #6183920 |
| Mar 7, 2019 | Listing removed | $629,900 | NorthstarMLS |
| Dec 20, 2018 | Listing removed | $629,900 | Southeastminnesota |
| Dec 11, 2018 | Listing removed | $629,900 | NorthstarMLS |
| Dec 10, 2018 | Listing removed | $629,900 | GreaterLakes |
| Mar 1, 2013 | Sold | $359,850 | MLS #4311084 |
| Oct 18, 2012 | Listed | $349,850 | MLS #4311084 |
| Sep 17, 2010 | Sold | $237,000 | MLS #4022994 |
| Jul 19, 2010 | Listed | $335,000 | MLS #4022994 |
| May 18, 2008 | Listing removed | $629,900 | Southeastminnesota |
| Aug 9, 2006 | Listed | $629,900 | MLS #5106842 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $570,200 | $115,300 | $685,500 | $9,610 |
| 2023 | $391,000 | $115,300 | $506,300 | $6,916 |
| 2022 | $327,500 | $115,300 | $442,800 | $6,826 |
| 2021 | — | — | $397,500 | $6,196 |
| 2020 | — | — | $398,600 | $6,238 |
| 2019 | — | — | $385,000 | $6,204 |
| 2018 | $205,162 | $180,938 | $386,100 | $6,310 |
| 2017 | $196,258 | $172,242 | $368,500 | $5,908 |
| 2016 | $142,863 | $177,237 | $320,100 | $5,276 |
| 2015 | $143,554 | $177,246 | $320,800 | $5,170 |
| 2014 | $147,586 | $177,514 | $325,100 | $5,008 |
| 2013 | $150,534 | $143,666 | $294,200 | $4,472 |
| 2012 | $155,700 | $148,500 | $304,200 | $4,454 |
| 2011 | $204,700 | $225,000 | $429,700 | $6,152 |
| 2010 | $204,700 | $225,000 | $429,700 | $6,164 |
Property facts
Year built
2006
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,755 sqft
Lot size
2,483 sqft
ZIP code
55041
City
Lake City
Street
Michigan St
Coordinates
44.43746, -92.25431
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
$2,633
Gross rental yield
4.55%
Implied cap rate
2.96%
Trend-extrapolated value
—
Frequently asked questions
When did 200 Michigan St last sell?
200 Michigan St most recently sold on May 27, 2022 for $695,000.
What is the current tax assessment for 200 Michigan St?
The most recent total assessment for 200 Michigan St (year 2025) is $685,500 with $9,610 in property tax.
How does 200 Michigan St's assessment compare to its last sale price?
The current assessment is 1.4% below the last sale price of $695,000.
When was 200 Michigan St built?
200 Michigan St was built in 2006.
How does 200 Michigan St compare to others on Michigan St?
We track 5 other properties on Michigan St. Browse the list under "Other properties on Michigan St" to compare beds, baths, and sale history.
What are the property facts for 200 Michigan St?
200 Michigan St is a 2 bed, 2 bath, 1,755 sqft, 2,483 sqft lot single_family.
Is 200 Michigan St a flip candidate?
No — 200 Michigan St does not appear in our flips dataset.
Is 200 Michigan St a tax-appeal candidate?
No — 200 Michigan St is not currently flagged as a tax-appeal candidate.
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
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