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16111 1st St

Lakeland, MN 55043

3 bd 3 ba 2,356 sqft Built 1973 Lot 18,557 sqft single_family
Most recent sale
$335,000
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 15, 2022 Sold $335,000 MLS #6206098
Jun 7, 2022 Listed $345,000 MLS #6206098
Dec 10, 2001 Sold $175,000 Public Record
Dec 15, 1997 Sold $113,300 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $201,800 $94,200 $296,000 $2,892
2024 $201,600 $144,600 $346,200 $3,154
2023 $176,400 $143,400 $319,800 $2,716
2022 $147,200 $119,600 $266,800 $2,632
2021 $141,300 $114,100 $255,400 $2,516
2020 $141,300 $114,100 $255,400 $2,396
2019 $135,000 $99,700 $234,700 $2,486
2018 $140,100 $100,000 $240,100 $2,182
2017 $124,000 $74,300 $198,300 $2,198
2016 $112,400 $70,500 $182,900 $2,402
2015 $117,300 $84,400 $201,700 $2,188
2014 $118,000 $63,800 $181,800 $2,202
2013 $103,700 $62,800 $166,500 $2,034
2012 $103,000 $57,500 $160,500 $2,208
2011 $106,600 $75,100 $181,700 $2,142
2010 $120,400 $92,000 $212,400 $2,046

Property facts

Year built
1973
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,356 sqft
Lot size
18,557 sqft
ZIP code
55043
City
Lakeland
Street
1st St
Coordinates
44.95050, -92.77870

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,534
Gross rental yield
12.66%
Implied cap rate
8.23%
Trend-extrapolated value

Frequently asked questions

When did 16111 1st St last sell?
16111 1st St most recently sold on Jul 15, 2022 for $335,000.
What is the current tax assessment for 16111 1st St?
The most recent total assessment for 16111 1st St (year 2025) is $296,000 with $2,892 in property tax.
How does 16111 1st St's assessment compare to its last sale price?
The current assessment is 11.6% below the last sale price of $335,000.
When was 16111 1st St built?
16111 1st St was built in 1973.
How does 16111 1st St compare to others on 1st St?
We track 7 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 16111 1st St?
16111 1st St is a 3 bed, 3 bath, 2,356 sqft, 18,557 sqft lot single_family.
Is 16111 1st St a flip candidate?
No — 16111 1st St does not appear in our flips dataset.
Is 16111 1st St a tax-appeal candidate?
No — 16111 1st 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
+6.5%
Implied 1-yr
+25.9%
2026 Q1
$806.3K
2026 Q2
$806.3K
ZIP 55043 — Median Price History + Forecast

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