57231 406th St
Lake Township, MN 56763
4 bd 2 ba 2,408 sqft Built 1994 Lot 66,647 sqft single_family
Most recent sale
$245,000
Jul 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 6, 2024 | Sold | $265,000 | NorthstarMLS |
| Jul 11, 2022 | Sold | $245,000 | Public Record |
| May 3, 2022 | Listed | $238,000 | MLS #6188753 |
| Jun 13, 2020 | Listing removed | $69,900 | NorthstarMLS |
| Jan 24, 2011 | Listing removed | $69,900 | NorthwestMinnesotaAOR |
| Oct 1, 2010 | Listed | $69,900 | MLS #10-2042 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | — | — | $210,500 | $2,280 |
| 2025 | — | — | $229,500 | $2,468 |
| 2024 | — | — | $250,800 | $2,548 |
| 2023 | — | — | $199,200 | $2,248 |
| 2022 | — | — | $140,100 | $1,746 |
| 2021 | — | — | $140,100 | $1,722 |
| 2020 | — | — | $140,100 | $1,704 |
| 2019 | — | — | $130,700 | $1,678 |
| 2018 | — | — | $132,500 | $1,790 |
| 2017 | — | — | $130,900 | $1,760 |
| 2016 | — | — | $132,400 | $1,340 |
| 2015 | — | — | $86,400 | $1,272 |
| 2014 | — | — | $76,200 | $1,244 |
| 2013 | — | — | $76,200 | $1,298 |
| 2012 | — | — | $76,200 | $1,384 |
| 2009 | — | — | $104,000 | $1,306 |
| 2008 | — | — | $104,000 | $1,212 |
| 2006 | — | — | $88,500 | $1,018 |
Property facts
Year built
1994
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,408 sqft
Lot size
66,647 sqft
ZIP code
56763
City
Lake Township
Street
406th St
Coordinates
48.98289, -95.36831
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,470
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 57231 406th St last sell?
57231 406th St most recently sold on Jul 11, 2022 for $245,000.
What is the current tax assessment for 57231 406th St?
The most recent total assessment for 57231 406th St (year 2026) is $210,500 with $2,280 in property tax.
How does 57231 406th St's assessment compare to its last sale price?
The current assessment is 14.1% below the last sale price of $245,000.
When was 57231 406th St built?
57231 406th St was built in 1994.
How does 57231 406th St compare to others on 406th St?
We do not currently track other properties on 406th St.
What are the property facts for 57231 406th St?
57231 406th St is a 4 bed, 2 bath, 2,408 sqft, 66,647 sqft lot single_family.
Is 57231 406th St a flip candidate?
No — 57231 406th St does not appear in our flips dataset.
Is 57231 406th St a tax-appeal candidate?
No — 57231 406th 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
+4.7%
Implied 1-yr
+18.7%
2026 Q3
$312.6K
2026 Q4
$323.8K
ZIP 56763 — Median Price History + Forecast
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Geography