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5028 161st St

Lakeville, MN 55044

3 bd 3 ba 2,045 sqft Built 2022 Lot 1,525 sqft townhomes
Most recent sale
$45,876
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 14, 2023 Sold $520,000 NorthstarMLS
Jan 12, 2023 Price changed $518,900 NorthstarMLS
Sep 29, 2022 Price changed $499,900 MLS #6180161
Aug 4, 2022 Price changed $508,900 MLS #6180161
Jul 31, 2022 Price changed $518,900 MLS #6180161
Jun 16, 2022 Price changed $528,900 MLS #6180161
Jun 1, 2022 Sold $45,876 Public Record
May 19, 2022 Price changed $529,250 MLS #6180161
Apr 15, 2022 Listed $526,250 MLS #6180161

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $341,669 $115,143 $456,812 $4,912
2023 $105,100 $105,100 $1,228
2022 $61,200 $61,200 $790
2021 $25,900 $25,900 $346
2020 $4,500 $4,500 $62

Property facts

Year built
2022
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
2,045 sqft
Lot size
1,525 sqft
ZIP code
55044
City
Lakeville
Street
161st St
Coordinates
44.71539, -93.16728

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$275
Gross rental yield
7.19%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5028 161st St last sell?
5028 161st St most recently sold on Jun 1, 2022 for $45,876.
What is the current tax assessment for 5028 161st St?
The most recent total assessment for 5028 161st St (year 2025) is $456,812 with $4,912 in property tax.
How does 5028 161st St's assessment compare to its last sale price?
The current assessment is 895.8% above the last sale price of $45,876.
When was 5028 161st St built?
5028 161st St was built in 2022.
How does 5028 161st St compare to others on 161st St?
We track 8 other properties on 161st St. Browse the list under "Other properties on 161st St" to compare beds, baths, and sale history.
What are the property facts for 5028 161st St?
5028 161st St is a 3 bed, 3 bath, 2,045 sqft, 1,525 sqft lot townhomes.
Is 5028 161st St a flip candidate?
No — 5028 161st St does not appear in our flips dataset.
Is 5028 161st St a tax-appeal candidate?
No — 5028 161st 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
-0.6%
Implied 1-yr
-2.5%
2026 Q3
$506.9K
2026 Q4
$503.6K
ZIP 55044 — Median Price History + Forecast

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