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16163 Estate Ln

Lakeville, MN 55044

5 bd 4 ba 3,505 sqft Built 2018 Lot 8,407 sqft single_family
Most recent sale
$655,000
Jun 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 15, 2022 Sold $655,000 MLS #6195353
May 26, 2022 Relisted $649,900 MLS #6195353
May 16, 2022 Listed $649,900 MLS #6195353
Jul 20, 2018 Sold $477,975 MLS #4915348
Mar 29, 2018 Sold $90,900 Public Record
Mar 11, 2018 Listed $475,900 MLS #4915348

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $449,100 $116,100 $565,200 $6,190
2023 $445,000 $115,400 $560,400 $5,674
2022 $370,600 $100,300 $470,900 $5,156
2021 $374,700 $95,500 $470,200 $5,342
2020 $370,000 $91,000 $461,000 $5,394
2019 $52,300 $52,300 $698
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
3,505 sqft
Lot size
8,407 sqft
ZIP code
55044
City
Lakeville
Street
Estate Ln
Coordinates
44.71554, -93.17841

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,258
Gross rental yield
9.63%
Implied cap rate
6.26%
Trend-extrapolated value

Frequently asked questions

When did 16163 Estate Ln last sell?
16163 Estate Ln most recently sold on Jun 15, 2022 for $655,000.
What is the current tax assessment for 16163 Estate Ln?
The most recent total assessment for 16163 Estate Ln (year 2025) is $565,200 with $6,190 in property tax.
How does 16163 Estate Ln's assessment compare to its last sale price?
The current assessment is 13.7% below the last sale price of $655,000.
When was 16163 Estate Ln built?
16163 Estate Ln was built in 2018.
How does 16163 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 16163 Estate Ln?
16163 Estate Ln is a 5 bed, 4 bath, 3,505 sqft, 8,407 sqft lot single_family.
Is 16163 Estate Ln a flip candidate?
Yes — 16163 Estate Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 16163 Estate Ln a tax-appeal candidate?
No — 16163 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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