8555 197th St
Lakeville, MN 55044
4 bd 4 ba 2,886 sqft Built 2019 Lot 12,502 sqft single_family
Most recent sale
$560,000
Nov 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 16, 2026 | Sold | $621,000 | NorthstarMLS |
| Nov 12, 2025 | Listed | $594,900 | NorthstarMLS |
| Nov 4, 2022 | Sold | $560,000 | NorthstarMLS |
| Sep 24, 2022 | Listed | $579,900 | MLS #6264654 |
| Sep 15, 2022 | Listing removed | — | NorthstarMLS |
| Aug 22, 2022 | Price changed | $580,000 | MLS #6231735 |
| Aug 9, 2022 | Price changed | $590,000 | MLS #6231735 |
| Jul 29, 2022 | Price changed | $594,900 | MLS #6231735 |
| Jul 7, 2022 | Listed | $599,900 | MLS #6231735 |
| Jun 17, 2020 | Sold | $492,000 | MLS #5348791 |
| Apr 17, 2020 | Price changed | $482,232 | MLS #5348791 |
| Dec 27, 2019 | Listed | $477,054 | MLS #5348791 |
| Feb 8, 2018 | Sold | $929,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $396,100 | $155,300 | $551,400 | $6,196 |
| 2023 | $372,200 | $149,800 | $522,000 | $5,670 |
| 2022 | $315,300 | $130,300 | $445,600 | $5,248 |
| 2021 | $197,531 | $121,114 | $318,645 | $3,910 |
| 2020 | $197,531 | $121,114 | $318,645 | $1,448 |
| 2019 | — | $94,500 | $94,500 | $1,343 |
| 2018 | — | $90,000 | $90,000 | $874 |
| 2017 | — | $57,400 | $57,400 | $416 |
| 2016 | — | $26,900 | $26,900 | $106 |
Property facts
Year built
2019
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,886 sqft
Lot size
12,502 sqft
ZIP code
55044
City
Lakeville
Street
197th St
Coordinates
44.66607, -93.23885
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,329
Gross rental yield
9.28%
Implied cap rate
6.03%
Trend-extrapolated value
—
Frequently asked questions
When did 8555 197th St last sell?
8555 197th St most recently sold on Nov 4, 2022 for $560,000.
What is the current tax assessment for 8555 197th St?
The most recent total assessment for 8555 197th St (year 2025) is $551,400 with $6,196 in property tax.
How does 8555 197th St's assessment compare to its last sale price?
The current assessment is 1.5% below the last sale price of $560,000.
When was 8555 197th St built?
8555 197th St was built in 2019.
How does 8555 197th St compare to others on 197th St?
We track 8 other properties on 197th St. Browse the list under "Other properties on 197th St" to compare beds, baths, and sale history.
What are the property facts for 8555 197th St?
8555 197th St is a 4 bed, 4 bath, 2,886 sqft, 12,502 sqft lot single_family.
Is 8555 197th St a flip candidate?
No — 8555 197th St does not appear in our flips dataset.
Is 8555 197th St a tax-appeal candidate?
No — 8555 197th 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 197th St