5612 162nd St
Lakeville, MN 55044
3 bd 3 ba 2,648 sqft Built 2018 Lot 10,498 sqft single_family
Most recent sale
$545,000
May 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 20, 2022 | Sold | $545,000 | MLS #6162649 |
| Mar 21, 2022 | Price changed | $574,999 | MLS #6162649 |
| Mar 10, 2022 | Listed | $599,900 | MLS #6162649 |
| Feb 7, 2019 | Listing removed | $399,900 | NorthstarMLS |
| Aug 8, 2018 | Sold | $452,927 | Public Record |
| Jan 27, 2018 | Listing removed | $399,900 | NorthstarMLS |
| Dec 5, 2017 | Sold | $438,500 | Public Record |
| Oct 29, 2017 | Listed | $399,900 | MLS #4888247 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $395,200 | $110,300 | $505,500 | $5,432 |
| 2023 | $395,600 | $109,600 | $505,200 | $5,030 |
| 2022 | $327,200 | $95,300 | $422,500 | $4,626 |
| 2021 | $334,900 | $90,800 | $425,700 | $4,838 |
| 2020 | $331,600 | $86,400 | $418,000 | $4,890 |
| 2019 | — | $44,460 | $44,460 | $575 |
| 2018 | — | $23,300 | $23,300 | $320 |
| 2017 | — | $12,100 | $12,100 | $113 |
Property facts
Year built
2018
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,648 sqft
Lot size
10,498 sqft
ZIP code
55044
City
Lakeville
Street
162nd St
Coordinates
44.71436, -93.17863
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,972
Gross rental yield
8.75%
Implied cap rate
5.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5612 162nd St last sell?
5612 162nd St most recently sold on May 20, 2022 for $545,000.
What is the current tax assessment for 5612 162nd St?
The most recent total assessment for 5612 162nd St (year 2025) is $505,500 with $5,432 in property tax.
How does 5612 162nd St's assessment compare to its last sale price?
The current assessment is 7.2% below the last sale price of $545,000.
When was 5612 162nd St built?
5612 162nd St was built in 2018.
How does 5612 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 5612 162nd St?
5612 162nd St is a 3 bed, 3 bath, 2,648 sqft, 10,498 sqft lot single_family.
Is 5612 162nd St a flip candidate?
No — 5612 162nd St does not appear in our flips dataset.
Is 5612 162nd St a tax-appeal candidate?
No — 5612 162nd 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
-0.6%
Implied 1-yr
-2.5%
2026 Q3
$506.9K
2026 Q4
$503.6K
ZIP 55044 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 162nd St