7405 162nd St
Lakeville, MN 55068
3 bd 2 ba 1,098 sqft Built 1968 Lot 12,025 sqft single_family
Most recent sale
$310,000
Jul 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 28, 2022 | Sold | $310,000 | MLS #6220799 |
| Jun 20, 2022 | Price changed | $299,900 | MLS #6220799 |
| Jun 16, 2022 | Listed | $309,900 | MLS #6220799 |
| Nov 22, 2019 | Sold | $227,000 | MLS #5320893 |
| Oct 17, 2011 | Sold | $156,751 | Public Record |
| Aug 26, 2011 | Sold | $156,750 | MLS #4022990 |
| Jun 30, 2011 | Price changed | $159,800 | MLS #4022990 |
| May 10, 2011 | Price changed | $165,000 | MLS #4022990 |
| Mar 14, 2011 | Listed | $169,900 | MLS #4022990 |
| Aug 17, 2010 | Sold | $48,019 | Public Record |
| Jul 8, 2010 | Sold | $105,500 | MLS #3931443 |
| Jun 1, 2010 | Listed | $99,900 | MLS #3931443 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $181,158 | $56,891 | $238,049 | $2,618 |
| 2023 | $178,390 | $58,396 | $236,786 | $2,396 |
| 2022 | $146,753 | $49,376 | $196,129 | $2,204 |
| 2021 | $125,257 | $46,020 | $171,277 | $2,012 |
| 2020 | $125,257 | $46,020 | $171,277 | $2,018 |
| 2019 | $124,156 | $42,216 | $166,372 | $2,041 |
| 2018 | $115,932 | $39,758 | $155,690 | $1,923 |
| 2017 | $102,972 | $37,022 | $139,994 | $1,913 |
| 2016 | $97,058 | $34,761 | $131,819 | $1,795 |
| 2015 | $86,001 | $32,956 | $118,957 | $1,761 |
| 2014 | $85,385 | $31,937 | $117,322 | $1,726 |
| 2013 | $76,723 | $28,500 | $105,223 | $1,393 |
| 2012 | $72,851 | $27,249 | $100,100 | $1,466 |
| 2011 | $80,621 | $29,398 | $110,019 | $1,292 |
| 2009 | $104,800 | $44,500 | $149,300 | $1,365 |
| 2008 | $104,800 | $44,500 | $149,300 | $1,418 |
| 2007 | $110,200 | $44,500 | $154,700 | $1,409 |
Property facts
Year built
1968
Property type
single_family
Stories
3
Beds
3
Baths
2
Living area
1,098 sqft
Lot size
12,025 sqft
ZIP code
55068
City
Lakeville
Street
162nd St
Coordinates
44.71532, -93.21592
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,647
Gross rental yield
6.38%
Implied cap rate
4.14%
Trend-extrapolated value
—
Frequently asked questions
When did 7405 162nd St last sell?
7405 162nd St most recently sold on Jul 28, 2022 for $310,000.
What is the current tax assessment for 7405 162nd St?
The most recent total assessment for 7405 162nd St (year 2025) is $238,049 with $2,618 in property tax.
How does 7405 162nd St's assessment compare to its last sale price?
The current assessment is 23.2% below the last sale price of $310,000.
When was 7405 162nd St built?
7405 162nd St was built in 1968.
How does 7405 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 7405 162nd St?
7405 162nd St is a 3 bed, 2 bath, 1,098 sqft, 12,025 sqft lot single_family.
Is 7405 162nd St a flip candidate?
No — 7405 162nd St does not appear in our flips dataset.
Is 7405 162nd St a tax-appeal candidate?
No — 7405 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
-4.2%
Implied 1-yr
-17.0%
2026 Q3
$362K
2026 Q4
$340.8K
ZIP 55068 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 162nd St