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418 Prairie St

Lake City, MN 55041

3 bd 3 ba 1,921 sqft Built 1920 Lot 8,756 sqft single_family
Most recent sale
$155,000
May 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 25, 2022 Sold $155,000 MLS #6176667
Apr 11, 2022 Listed $159,900 MLS #6176667
Aug 30, 2013 Sold $100,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $146,600 $24,400 $171,000 $2,264
2023 $147,500 $2,056
2022 $109,400 $1,742
2021 $103,700 $1,668
2020 $86,500 $1,406
2019 $85,700 $1,430
2018 $62,901 $13,799 $76,700 $1,304
2017 $63,568 $13,832 $77,400 $1,286
2016 $62,058 $13,742 $75,800 $1,300
2015 $73,698 $14,402 $88,100 $1,468
2014 $75,032 $14,468 $89,500 $1,426
2013 $75,694 $14,506 $90,200 $1,418
2012 $103,000 $18,800 $121,800 $1,490
2011 $103,700 $18,800 $122,500 $1,492
2010 $103,700 $18,800 $122,500 $1,502

Property facts

Year built
1920
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,921 sqft
Lot size
8,756 sqft
ZIP code
55041
City
Lake City
Street
Prairie St
Coordinates
44.44366, -92.26674

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$930
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 418 Prairie St last sell?
418 Prairie St most recently sold on May 25, 2022 for $155,000.
What is the current tax assessment for 418 Prairie St?
The most recent total assessment for 418 Prairie St (year 2025) is $171,000 with $2,264 in property tax.
How does 418 Prairie St's assessment compare to its last sale price?
The current assessment is 10.3% above the last sale price of $155,000.
When was 418 Prairie St built?
418 Prairie St was built in 1920.
How does 418 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 418 Prairie St?
418 Prairie St is a 3 bed, 3 bath, 1,921 sqft, 8,756 sqft lot single_family.
Is 418 Prairie St a flip candidate?
No — 418 Prairie St does not appear in our flips dataset.
Is 418 Prairie St a tax-appeal candidate?
No — 418 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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