701 Prairie St
Lake City, MN 55041
4 bd 2 ba 2,012 sqft Built 1974 Lot 10,629 sqft single_family
Most recent sale
$249,900
Apr 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 28, 2022 | Sold | $249,900 | MLS #6165848 |
| Mar 19, 2022 | Listed | $249,900 | MLS #6165848 |
| Sep 4, 2012 | Sold | $130,900 | MLS #4031490 |
| Sep 8, 2011 | Listed | $149,500 | MLS #4031490 |
| Aug 9, 2011 | Listed | $149,500 | MLS #1244802 |
| May 13, 2003 | Sold | $129,500 | MLS #2795259 |
| Mar 3, 2003 | Listed | $133,500 | MLS #2795259 |
| Feb 28, 2003 | Listed | $133,500 | MLS #2118821 |
| Sep 30, 1996 | Sold | $74,000 | Public Record |
| May 30, 1996 | Sold | $50,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $202,400 | $2,728 |
| 2023 | — | — | $178,900 | $2,478 |
| 2022 | — | — | $136,500 | $2,154 |
| 2021 | — | — | $137,900 | $2,196 |
| 2020 | — | — | $119,900 | $1,924 |
| 2019 | — | — | $119,500 | $1,970 |
| 2018 | $80,855 | $27,845 | $108,700 | $1,822 |
| 2017 | $82,073 | $27,927 | $110,000 | $1,800 |
| 2016 | $79,449 | $27,751 | $107,200 | $1,810 |
| 2015 | $79,925 | $27,775 | $107,700 | $1,780 |
| 2014 | $81,046 | $27,854 | $108,900 | $1,722 |
| 2013 | $81,691 | $27,909 | $109,600 | $1,708 |
| 2012 | $100,600 | $34,300 | $134,900 | $1,702 |
| 2011 | $101,400 | $34,300 | $135,700 | $1,692 |
| 2010 | $101,400 | $34,300 | $135,700 | $1,606 |
Property facts
Year built
1974
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,012 sqft
Lot size
10,629 sqft
ZIP code
55041
City
Lake City
Street
Prairie St
Coordinates
44.45066, -92.27794
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
$1,499
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 701 Prairie St last sell?
701 Prairie St most recently sold on Apr 28, 2022 for $249,900.
What is the current tax assessment for 701 Prairie St?
The most recent total assessment for 701 Prairie St (year 2025) is $202,400 with $2,728 in property tax.
How does 701 Prairie St's assessment compare to its last sale price?
The current assessment is 19.0% below the last sale price of $249,900.
When was 701 Prairie St built?
701 Prairie St was built in 1974.
How does 701 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 701 Prairie St?
701 Prairie St is a 4 bed, 2 bath, 2,012 sqft, 10,629 sqft lot single_family.
Is 701 Prairie St a flip candidate?
No — 701 Prairie St does not appear in our flips dataset.
Is 701 Prairie St a tax-appeal candidate?
No — 701 Prairie 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
Other properties on Prairie St