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1202 Prairie St

Lake City, MN 55041

3 bd 2 ba 1,886 sqft Built 2001 Lot 8,712 sqft single_family
Most recent sale
$300,000
Jan 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 14, 2022 Sold $300,000 MLS #6123691
Nov 5, 2021 Listed $298,000 MLS #6123691
Jan 6, 2017 Sold $212,500 MLS #4075430
Oct 28, 2016 Listed $214,000 MLS #4075430
Oct 5, 2004 Sold $167,900 Public Record
Jun 18, 2002 Sold $159,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $235,128 $38,372 $273,500 $3,662
2022 $169,103 $27,497 $196,600 $3,044
2021 $166,240 $22,760 $189,000 $2,886
2020 $166,240 $22,760 $189,000 $2,802
2019 $155,737 $27,163 $182,900 $2,854
2018 $156,019 $27,181 $183,200 $2,388
2017 $126,990 $26,310 $153,300 $2,286
2016 $125,161 $26,239 $151,400 $2,358
2015 $151,500 $2,328
2014 $151,500 $2,136
2013 $115,323 $25,877 $141,200 $2,126
2012 $115,128 $25,872 $141,000 $2,198
2011 $115,389 $32,111 $147,500 $2,094
2010 $135,800 $36,900 $172,700 $2,460
2009 $171,300 $36,900 $208,200 $2,386

Property facts

Year built
2001
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,886 sqft
Lot size
8,712 sqft
ZIP code
55041
City
Lake City
Street
Prairie St
Coordinates
44.45501, -92.28378

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
$2,829
Gross rental yield
11.32%
Implied cap rate
7.36%
Trend-extrapolated value

Frequently asked questions

When did 1202 Prairie St last sell?
1202 Prairie St most recently sold on Jan 14, 2022 for $300,000.
What is the current tax assessment for 1202 Prairie St?
The most recent total assessment for 1202 Prairie St (year 2023) is $273,500 with $3,662 in property tax.
How does 1202 Prairie St's assessment compare to its last sale price?
The current assessment is 8.8% below the last sale price of $300,000.
When was 1202 Prairie St built?
1202 Prairie St was built in 2001.
How does 1202 Prairie St compare to others on Prairie St?
We track 8 other properties on Prairie St. Browse the list under "Other properties on Prairie St" to compare beds, baths, and sale history.
What are the property facts for 1202 Prairie St?
1202 Prairie St is a 3 bed, 2 bath, 1,886 sqft, 8,712 sqft lot single_family.
Is 1202 Prairie St a flip candidate?
No — 1202 Prairie St does not appear in our flips dataset.
Is 1202 Prairie St a tax-appeal candidate?
No — 1202 Prairie 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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