16418 Elm Creek Ln
Lakeville, MN 55044
3 bd 3 ba 1,424 sqft Built 2007 townhomes
Most recent sale
$278,000
May 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 2, 2025 | Sold | $262,000 | NorthstarMLS |
| Jul 31, 2025 | Price changed | $259,750 | NorthstarMLS |
| Jul 9, 2025 | Price changed | $279,750 | NorthstarMLS |
| Jun 30, 2025 | Listed | $289,750 | NorthstarMLS |
| May 20, 2022 | Sold | $278,000 | MLS #6159425 |
| Mar 24, 2022 | Price changed | $291,000 | MLS #6159425 |
| Mar 4, 2022 | Listed | $295,000 | MLS #6159425 |
| Jan 11, 2022 | Sold | $240,800 | Public Record |
| Feb 14, 2008 | Sold | $162,930 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $205,800 | $52,800 | $258,600 | $2,774 |
| 2023 | $196,300 | $52,400 | $248,700 | $2,472 |
| 2022 | $167,900 | $45,500 | $213,400 | $2,338 |
| 2021 | $165,100 | $43,400 | $208,500 | $2,370 |
| 2020 | $155,900 | $41,300 | $197,200 | $2,308 |
| 2019 | $140,200 | $38,200 | $178,400 | $1,998 |
| 2018 | $125,500 | $35,400 | $160,900 | $1,856 |
| 2017 | $116,700 | $33,700 | $150,400 | $1,821 |
| 2016 | $115,400 | $32,400 | $147,800 | $1,827 |
| 2015 | $114,100 | $31,300 | $145,400 | $1,779 |
| 2014 | $81,459 | $22,129 | $103,588 | $1,437 |
| 2013 | $78,034 | $21,412 | $99,446 | $1,384 |
| 2012 | $88,027 | $23,191 | $111,218 | $1,481 |
| 2011 | $111,300 | $29,900 | $141,200 | $1,498 |
| 2009 | $133,300 | $35,000 | $168,300 | $1,586 |
| 2008 | $5,500 | — | $5,500 | $70 |
Property facts
Year built
2007
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,424 sqft
Lot size
—
ZIP code
55044
City
Lakeville
Street
Elm Creek Ln
Coordinates
44.71223, -93.17767
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
$2,136
Gross rental yield
9.22%
Implied cap rate
5.99%
Trend-extrapolated value
—
Frequently asked questions
When did 16418 Elm Creek Ln last sell?
16418 Elm Creek Ln most recently sold on May 20, 2022 for $278,000.
What is the current tax assessment for 16418 Elm Creek Ln?
The most recent total assessment for 16418 Elm Creek Ln (year 2025) is $258,600 with $2,774 in property tax.
How does 16418 Elm Creek Ln's assessment compare to its last sale price?
The current assessment is 7.0% below the last sale price of $278,000.
When was 16418 Elm Creek Ln built?
16418 Elm Creek Ln was built in 2007.
How does 16418 Elm Creek Ln compare to others on Elm Creek Ln?
We track 8 other properties on Elm Creek Ln. Browse the list under "Other properties on Elm Creek Ln" to compare beds, baths, and sale history.
What are the property facts for 16418 Elm Creek Ln?
16418 Elm Creek Ln is a 3 bed, 3 bath, 1,424 sqft townhomes.
Is 16418 Elm Creek Ln a flip candidate?
No — 16418 Elm Creek Ln does not appear in our flips dataset.
Is 16418 Elm Creek Ln a tax-appeal candidate?
No — 16418 Elm Creek Ln 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 Elm Creek Ln