16003 Estate Ln
Lakeville, MN 55044
5 bd 4 ba 2,988 sqft Built 2016 Lot 10,716 sqft single_family
Most recent sale
$560,000
Jul 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 13, 2022 | Sold | $560,000 | MLS #6200146 |
| Jun 9, 2022 | Price changed | $560,000 | MLS #6200146 |
| May 22, 2022 | Listed | $575,000 | MLS #6200146 |
| Feb 6, 2019 | Listing removed | $469,900 | NorthstarMLS |
| Jun 17, 2017 | Sold | $399,900 | MLS #4821873 |
| Apr 28, 2017 | Listing removed | $469,900 | NorthstarMLS |
| Apr 27, 2017 | Listed | $469,900 | MLS #4821869 |
| Apr 27, 2017 | Listing removed | $399,900 | NorthstarMLS |
| Mar 17, 2017 | Listed | $399,900 | MLS #4806035 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $380,253 | $115,690 | $495,943 | $5,322 |
| 2023 | $377,900 | $115,400 | $493,300 | $4,902 |
| 2022 | $315,000 | $100,300 | $415,300 | $4,548 |
| 2021 | $318,600 | $95,500 | $414,100 | $4,706 |
| 2020 | $318,600 | $95,500 | $414,100 | $4,816 |
| 2019 | $320,661 | $90,961 | $411,622 | $4,279 |
| 2018 | $295,431 | $85,998 | $381,429 | $1,479 |
| 2017 | $53,586 | $68,968 | $122,554 | $113 |
Property facts
Year built
2016
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
2,988 sqft
Lot size
10,716 sqft
ZIP code
55044
City
Lakeville
Street
Estate Ln
Coordinates
44.71495, -93.18097
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
$4,482
Gross rental yield
9.60%
Implied cap rate
6.24%
Trend-extrapolated value
—
Frequently asked questions
When did 16003 Estate Ln last sell?
16003 Estate Ln most recently sold on Jul 13, 2022 for $560,000.
What is the current tax assessment for 16003 Estate Ln?
The most recent total assessment for 16003 Estate Ln (year 2025) is $495,943 with $5,322 in property tax.
How does 16003 Estate Ln's assessment compare to its last sale price?
The current assessment is 11.4% below the last sale price of $560,000.
When was 16003 Estate Ln built?
16003 Estate Ln was built in 2016.
How does 16003 Estate Ln compare to others on Estate Ln?
We track 8 other properties on Estate Ln. Browse the list under "Other properties on Estate Ln" to compare beds, baths, and sale history.
What are the property facts for 16003 Estate Ln?
16003 Estate Ln is a 5 bed, 4 bath, 2,988 sqft, 10,716 sqft lot single_family.
Is 16003 Estate Ln a flip candidate?
No — 16003 Estate Ln does not appear in our flips dataset.
Is 16003 Estate Ln a tax-appeal candidate?
No — 16003 Estate 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 Estate Ln