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16547 Draft Horse Blvd

Lakeville, MN 55044

5 bd 4 ba 3,972 sqft Built 2018 Lot 8,843 sqft single_family
Most recent sale
$700,000
Aug 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 29, 2022 Sold $700,000 MLS #6230211
Jul 5, 2022 Listed $725,000 MLS #6230211
Oct 30, 2018 Sold $592,910 MLS #4950456
Jun 6, 2018 Relisted $566,130 MLS #4950456
May 24, 2018 Listed $566,130 MLS #4950456
May 8, 2018 Listed $566,130 MLS #4950456

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $518,000 $237,500 $755,500 $8,606
2023 $477,300 $236,000 $713,300 $7,458
2022 $414,600 $205,200 $619,800 $7,022
2021 $387,200 $195,400 $582,600 $6,788
2020 $387,200 $195,400 $582,600 $6,904
2019 $405,800 $170,700 $576,500 $855
2018 $69,689 $69,689 $633
2017 $46,000 $46,000 $142

Property facts

Year built
2018
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,972 sqft
Lot size
8,843 sqft
ZIP code
55044
City
Lakeville
Street
Draft Horse Blvd
Coordinates
44.70957, -93.15926

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
$5,958
Gross rental yield
10.21%
Implied cap rate
6.64%
Trend-extrapolated value

Frequently asked questions

When did 16547 Draft Horse Blvd last sell?
16547 Draft Horse Blvd most recently sold on Aug 29, 2022 for $700,000.
What is the current tax assessment for 16547 Draft Horse Blvd?
The most recent total assessment for 16547 Draft Horse Blvd (year 2025) is $755,500 with $8,606 in property tax.
How does 16547 Draft Horse Blvd's assessment compare to its last sale price?
The current assessment is 7.9% above the last sale price of $700,000.
When was 16547 Draft Horse Blvd built?
16547 Draft Horse Blvd was built in 2018.
How does 16547 Draft Horse Blvd compare to others on Draft Horse Blvd?
We track 8 other properties on Draft Horse Blvd. Browse the list under "Other properties on Draft Horse Blvd" to compare beds, baths, and sale history.
What are the property facts for 16547 Draft Horse Blvd?
16547 Draft Horse Blvd is a 5 bed, 4 bath, 3,972 sqft, 8,843 sqft lot single_family.
Is 16547 Draft Horse Blvd a flip candidate?
No — 16547 Draft Horse Blvd does not appear in our flips dataset.
Is 16547 Draft Horse Blvd a tax-appeal candidate?
No — 16547 Draft Horse Blvd 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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