8122 198th St
Lakeville, MN 55044
4 bd 3 ba 3,670 sqft Built 2024 Lot 17,555 sqft single_family
Most recent sale
$145,900
May 14, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 30, 2024 | Sold | $892,014 | NorthstarMLS |
| Feb 15, 2022 | Price changed | $737,306 | MLS #6140495 |
| Jan 11, 2022 | Listed | $712,306 | MLS #6140495 |
| May 14, 2021 | Sold | $145,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $2,316 | $110,710 | $113,026 | $1,328 |
| 2023 | — | $128,200 | $128,200 | $1,642 |
| 2022 | — | $36,800 | $36,800 | $518 |
| 2021 | — | $15,100 | $15,100 | $220 |
Property facts
Year built
2024
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
3,670 sqft
Lot size
17,555 sqft
ZIP code
55044
City
Lakeville
Street
198th St
Coordinates
44.66301, -93.23016
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
$875
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 8122 198th St last sell?
8122 198th St most recently sold on May 14, 2021 for $145,900.
What is the current tax assessment for 8122 198th St?
The most recent total assessment for 8122 198th St (year 2025) is $113,026 with $1,328 in property tax.
How does 8122 198th St's assessment compare to its last sale price?
The current assessment is 22.5% below the last sale price of $145,900.
When was 8122 198th St built?
8122 198th St was built in 2024.
How does 8122 198th St compare to others on 198th St?
We track 8 other properties on 198th St. Browse the list under "Other properties on 198th St" to compare beds, baths, and sale history.
What are the property facts for 8122 198th St?
8122 198th St is a 4 bed, 3 bath, 3,670 sqft, 17,555 sqft lot single_family.
Is 8122 198th St a flip candidate?
No — 8122 198th St does not appear in our flips dataset.
Is 8122 198th St a tax-appeal candidate?
No — 8122 198th 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 198th St