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9600 198th St

Lakeville, MN 55044

5 bd 4 ba 3,561 sqft Built 2016 Lot 9,415 sqft single_family
Most recent sale
$615,000
Aug 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 10, 2022 Sold $615,000 MLS #6228772
Jul 8, 2022 Listed $615,000 MLS #6228772
Jan 11, 2017 Sold $445,000 MLS #4775832
Nov 4, 2016 Listed $449,900 MLS #4775832
Oct 31, 2016 Listing removed $449,900 NorthstarMLS
Sep 10, 2016 Listed $449,900 MLS #4759992
Oct 20, 2015 Sold $80,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $456,400 $137,600 $594,000 $6,758
2023 $443,900 $121,000 $564,900 $6,218
2022 $368,000 $105,200 $473,200 $5,572
2021 $346,700 $100,200 $446,900 $5,454
2020 $346,700 $100,200 $446,900 $5,820
2019 $356,100 $95,500 $451,600 $5,321
2018 $335,600 $90,900 $426,500 $5,200
2017 $322,482 $86,415 $408,897 $1,145
2016 $74,100 $74,100 $387
2015 $23,800 $23,800 $159

Property facts

Year built
2016
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,561 sqft
Lot size
9,415 sqft
ZIP code
55044
City
Lakeville
Street
198th St
Coordinates
44.66247, -93.26019

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,342
Gross rental yield
10.42%
Implied cap rate
6.78%
Trend-extrapolated value

Frequently asked questions

When did 9600 198th St last sell?
9600 198th St most recently sold on Aug 10, 2022 for $615,000.
What is the current tax assessment for 9600 198th St?
The most recent total assessment for 9600 198th St (year 2025) is $594,000 with $6,758 in property tax.
How does 9600 198th St's assessment compare to its last sale price?
The current assessment is 3.4% below the last sale price of $615,000.
When was 9600 198th St built?
9600 198th St was built in 2016.
How does 9600 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 9600 198th St?
9600 198th St is a 5 bed, 4 bath, 3,561 sqft, 9,415 sqft lot single_family.
Is 9600 198th St a flip candidate?
No — 9600 198th St does not appear in our flips dataset.
Is 9600 198th St a tax-appeal candidate?
No — 9600 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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