16241 3rd St
Lakeland, MN 55043
2 bd 1 ba 1,991 sqft Built 1981 Lot 18,077 sqft single_family
Most recent sale
$310,000
Jun 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 10, 2022 | Sold | $310,000 | MLS #6146970 |
| Feb 4, 2022 | Listed | $294,700 | MLS #6146970 |
| Jun 16, 1993 | Sold | $79,000 | Public Record |
| May 1, 1993 | Sold | $79,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $173,300 | $92,800 | $266,100 | $2,606 |
| 2024 | $178,200 | $131,400 | $309,600 | $2,826 |
| 2023 | $151,700 | $130,100 | $281,800 | $2,400 |
| 2022 | $126,300 | $108,200 | $234,500 | $2,320 |
| 2021 | $114,200 | $102,300 | $216,500 | $2,142 |
| 2020 | $109,800 | $98,000 | $207,800 | $2,130 |
| 2019 | $113,000 | $98,200 | $211,200 | $2,196 |
| 2018 | $99,700 | $72,600 | $172,300 | $1,904 |
| 2017 | $89,900 | $68,800 | $158,700 | $1,918 |
| 2016 | $94,100 | $82,500 | $176,600 | $2,112 |
| 2015 | $94,100 | $62,000 | $156,100 | $1,888 |
| 2014 | $82,500 | $61,000 | $143,500 | $1,910 |
| 2013 | $81,700 | $55,800 | $137,500 | $1,752 |
| 2012 | $81,700 | $55,800 | $137,500 | $1,932 |
| 2011 | $96,500 | $83,000 | $179,500 | $1,928 |
| 2010 | $102,300 | $92,000 | $194,300 | $1,800 |
| 2009 | — | — | $206,500 | $1,762 |
| 2007 | — | — | $193,100 | $1,598 |
| 2006 | — | — | $180,300 | $1,532 |
Property facts
Year built
1981
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,991 sqft
Lot size
18,077 sqft
ZIP code
55043
City
Lakeland
Street
3rd St
Coordinates
44.95354, -92.77655
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,987
Gross rental yield
11.56%
Implied cap rate
7.52%
Trend-extrapolated value
—
Frequently asked questions
When did 16241 3rd St last sell?
16241 3rd St most recently sold on Jun 10, 2022 for $310,000.
What is the current tax assessment for 16241 3rd St?
The most recent total assessment for 16241 3rd St (year 2025) is $266,100 with $2,606 in property tax.
How does 16241 3rd St's assessment compare to its last sale price?
The current assessment is 14.2% below the last sale price of $310,000.
When was 16241 3rd St built?
16241 3rd St was built in 1981.
How does 16241 3rd St compare to others on 3rd St?
We track 8 other properties on 3rd St. Browse the list under "Other properties on 3rd St" to compare beds, baths, and sale history.
What are the property facts for 16241 3rd St?
16241 3rd St is a 2 bed, 1 bath, 1,991 sqft, 18,077 sqft lot single_family.
Is 16241 3rd St a flip candidate?
No — 16241 3rd St does not appear in our flips dataset.
Is 16241 3rd St a tax-appeal candidate?
No — 16241 3rd 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
+6.5%
Implied 1-yr
+25.9%
2026 Q1
$806.3K
2026 Q2
$806.3K
ZIP 55043 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 3rd St