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16074 Estate Ln

Lakeville, MN 55044

5 bd 4 ba 3,521 sqft Built 2018 Lot 8,407 sqft single_family
Most recent sale
$635,000
May 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 10, 2022 Sold $635,000 MLS #6144673
Feb 16, 2022 Listed $610,000 MLS #6144673
Jul 23, 2018 Sold $453,230 Public Record
Jan 22, 2018 Sold $364,600 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $444,200 $116,100 $560,300 $6,290
2023 $440,200 $115,400 $555,600 $5,618
2022 $366,300 $100,300 $466,600 $5,110
2021 $372,800 $95,500 $468,300 $5,322
2020 $365,700 $91,000 $456,700 $5,344
2019 $31,380 $31,380 $406
2018 $24,500 $24,500 $336
2017 $12,100 $12,100 $113

Property facts

Year built
2018
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,521 sqft
Lot size
8,407 sqft
ZIP code
55044
City
Lakeville
Street
Estate Ln
Coordinates
44.71635, -93.17950

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,282
Gross rental yield
9.98%
Implied cap rate
6.49%
Trend-extrapolated value

Frequently asked questions

When did 16074 Estate Ln last sell?
16074 Estate Ln most recently sold on May 10, 2022 for $635,000.
What is the current tax assessment for 16074 Estate Ln?
The most recent total assessment for 16074 Estate Ln (year 2025) is $560,300 with $6,290 in property tax.
How does 16074 Estate Ln's assessment compare to its last sale price?
The current assessment is 11.8% below the last sale price of $635,000.
When was 16074 Estate Ln built?
16074 Estate Ln was built in 2018.
How does 16074 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 16074 Estate Ln?
16074 Estate Ln is a 5 bed, 4 bath, 3,521 sqft, 8,407 sqft lot single_family.
Is 16074 Estate Ln a flip candidate?
Yes — 16074 Estate Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 16074 Estate Ln a tax-appeal candidate?
No — 16074 Estate 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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