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5031 162nd St

Lakeville, MN 55044

2 bd 3 ba 2,025 sqft Built 2022 Lot 1,307 sqft townhomes
Most recent sale
$472,525
Sep 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 21, 2022 Sold $472,525 MLS #6138929
Jul 28, 2022 Sold $448,509 Public Record
Feb 3, 2022 Price changed $472,125 MLS #6138929
Jan 7, 2022 Listed $478,800 MLS #6138929
Jan 5, 2022 Listing removed $478,800 NorthstarMLS
Dec 29, 2021 Sold $150,000 Public Record
Dec 20, 2021 Price changed $478,800 MLS #6133709
Dec 7, 2021 Listed $463,675 MLS #6133709

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $324,148 $104,215 $428,363 $4,614
2023 $66,092 $66,092 $742
2022 $55,100 $55,100 $712
2021 $23,300 $23,300 $312
2020 $4,500 $4,500 $62

Property facts

Year built
2022
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
2,025 sqft
Lot size
1,307 sqft
ZIP code
55044
City
Lakeville
Street
162nd St
Coordinates
44.71501, -93.16722

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,038
Gross rental yield
7.72%
Implied cap rate
5.01%
Trend-extrapolated value

Frequently asked questions

When did 5031 162nd St last sell?
5031 162nd St most recently sold on Sep 21, 2022 for $472,525.
What is the current tax assessment for 5031 162nd St?
The most recent total assessment for 5031 162nd St (year 2025) is $428,363 with $4,614 in property tax.
How does 5031 162nd St's assessment compare to its last sale price?
The current assessment is 9.3% below the last sale price of $472,525.
When was 5031 162nd St built?
5031 162nd St was built in 2022.
How does 5031 162nd St compare to others on 162nd St?
We track 8 other properties on 162nd St. Browse the list under "Other properties on 162nd St" to compare beds, baths, and sale history.
What are the property facts for 5031 162nd St?
5031 162nd St is a 2 bed, 3 bath, 2,025 sqft, 1,307 sqft lot townhomes.
Is 5031 162nd St a flip candidate?
Yes — 5031 162nd St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5031 162nd St a tax-appeal candidate?
No — 5031 162nd 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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