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16248 Elmhurst Ln

Lakeville, MN 55044

4 bd 3 ba 3,128 sqft Built 2017 Lot 4,966 sqft townhomes
Most recent sale
$660,000
Jun 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 8, 2024 Sold $685,000 NorthstarMLS
Jun 21, 2022 Sold $660,000 MLS #6172692
Apr 27, 2022 Relisted $650,000 MLS #6172692
Apr 6, 2022 Price changed $650,000 MLS #6172692
Apr 5, 2022 Listed $675,000 MLS #6172692
Mar 5, 2018 Sold $519,655 Public Record
Sep 21, 2017 Sold $54,964 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $465,400 $165,200 $630,600 $7,020
2023 $419,900 $164,000 $583,900 $5,948
2022 $396,700 $142,600 $539,300 $5,982
2021 $367,600 $135,800 $503,400 $5,728
2020 $354,700 $129,600 $484,300 $5,666
2019 $85,233 $87,025 $172,258 $1,981
2018 $26,700 $26,700 $367
2017 $8,400 $8,400 $121

Property facts

Year built
2017
Property type
townhomes
Stories
1
Beds
4
Baths
3
Living area
3,128 sqft
Lot size
4,966 sqft
ZIP code
55044
City
Lakeville
Street
Elmhurst Ln
Coordinates
44.71312, -93.17125

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,692
Gross rental yield
8.53%
Implied cap rate
5.55%
Trend-extrapolated value

Frequently asked questions

When did 16248 Elmhurst Ln last sell?
16248 Elmhurst Ln most recently sold on Jun 21, 2022 for $660,000.
What is the current tax assessment for 16248 Elmhurst Ln?
The most recent total assessment for 16248 Elmhurst Ln (year 2025) is $630,600 with $7,020 in property tax.
How does 16248 Elmhurst Ln's assessment compare to its last sale price?
The current assessment is 4.5% below the last sale price of $660,000.
When was 16248 Elmhurst Ln built?
16248 Elmhurst Ln was built in 2017.
How does 16248 Elmhurst Ln compare to others on Elmhurst Ln?
We track 3 other properties on Elmhurst Ln. Browse the list under "Other properties on Elmhurst Ln" to compare beds, baths, and sale history.
What are the property facts for 16248 Elmhurst Ln?
16248 Elmhurst Ln is a 4 bed, 3 bath, 3,128 sqft, 4,966 sqft lot townhomes.
Is 16248 Elmhurst Ln a flip candidate?
No — 16248 Elmhurst Ln does not appear in our flips dataset.
Is 16248 Elmhurst Ln a tax-appeal candidate?
No — 16248 Elmhurst Ln 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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