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8230 198th St

Lakeville, MN 55044

5 bd 3 ba 3,760 sqft Built 2021 Lot 12,327 sqft single_family
Most recent sale
$760,000
Jun 1, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 5, 2026 Sold $786,000 NorthstarMLS
Feb 27, 2026 Listed $799,000 NorthstarMLS
Jun 1, 2023 Sold $760,000 NorthstarMLS
Apr 22, 2023 Listing removed NorthstarMLS
Apr 21, 2023 Listed $770,000 NorthstarMLS
Sep 30, 2022 Listed $770,000 NorthstarMLS
Dec 17, 2021 Sold $753,000 NorthstarMLS
Nov 18, 2021 Price changed $759,900 NorthstarMLS
Nov 2, 2021 Price changed $775,000 NorthstarMLS
Oct 14, 2021 Price changed $774,900 NorthstarMLS
Aug 27, 2021 Listed $799,900 NorthstarMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $590,500 $143,400 $733,900 $8,602
2023 $544,500 $142,500 $687,000 $7,782
2022 $111,500 $111,500 $1,570
2021 $15,100 $15,100 $220

Property facts

Year built
2021
Property type
single_family
Stories
1
Beds
5
Baths
3
Living area
3,760 sqft
Lot size
12,327 sqft
ZIP code
55044
City
Lakeville
Street
198th St
Coordinates
44.66338, -93.23234

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,640
Gross rental yield
8.91%
Implied cap rate
5.79%
Trend-extrapolated value

Frequently asked questions

When did 8230 198th St last sell?
8230 198th St most recently sold on Jun 1, 2023 for $760,000.
What is the current tax assessment for 8230 198th St?
The most recent total assessment for 8230 198th St (year 2025) is $733,900 with $8,602 in property tax.
How does 8230 198th St's assessment compare to its last sale price?
The current assessment is 3.4% below the last sale price of $760,000.
When was 8230 198th St built?
8230 198th St was built in 2021.
How does 8230 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 8230 198th St?
8230 198th St is a 5 bed, 3 bath, 3,760 sqft, 12,327 sqft lot single_family.
Is 8230 198th St a flip candidate?
No — 8230 198th St does not appear in our flips dataset.
Is 8230 198th St a tax-appeal candidate?
No — 8230 198th 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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