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16247 Fallbrook Dr

Lakeville, MN 55044

3 bd 3 ba 2,826 sqft Built 2007 Lot 15,638 sqft single_family
Most recent sale
$470,000
Apr 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 8, 2022 Sold $470,000 MLS #6157056
Mar 5, 2022 Listed $414,900 MLS #6157056
Jun 14, 2014 Sold $284,000 MLS #4457702
Apr 14, 2014 Price changed $289,900 MLS #4457702
Mar 20, 2014 Listed $299,000 MLS #4457702
Sep 18, 2007 Sold $286,651 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $284,872 $92,370 $377,242 $4,078
2023 $278,117 $93,829 $371,946 $3,706
2022 $224,332 $79,925 $304,257 $3,360
2021 $227,802 $76,128 $303,930 $3,482
2020 $227,802 $76,128 $303,930 $3,558
2019 $228,847 $72,467 $301,314 $3,118
2018 $207,422 $68,277 $275,699 $2,932
2017 $186,698 $64,258 $250,956 $2,871
2016 $173,080 $60,545 $233,625 $2,910
2015 $173,393 $58,706 $232,099 $2,927
2014 $178,888 $57,244 $236,132 $2,887
2013 $163,447 $51,757 $215,204 $2,762
2012 $154,938 $49,802 $204,740 $2,900
2011 $170,641 $53,174 $223,815 $2,851
2009 $213,200 $70,000 $283,200 $2,924
2008 $213,200 $70,000 $283,200 $167
2007 $19,000 $19,000 $159

Property facts

Year built
2007
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,826 sqft
Lot size
15,638 sqft
ZIP code
55044
City
Lakeville
Street
Fallbrook Dr
Coordinates
44.71334, -93.18444

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,239
Gross rental yield
10.82%
Implied cap rate
7.03%
Trend-extrapolated value

Frequently asked questions

When did 16247 Fallbrook Dr last sell?
16247 Fallbrook Dr most recently sold on Apr 8, 2022 for $470,000.
What is the current tax assessment for 16247 Fallbrook Dr?
The most recent total assessment for 16247 Fallbrook Dr (year 2025) is $377,242 with $4,078 in property tax.
How does 16247 Fallbrook Dr's assessment compare to its last sale price?
The current assessment is 19.7% below the last sale price of $470,000.
When was 16247 Fallbrook Dr built?
16247 Fallbrook Dr was built in 2007.
How does 16247 Fallbrook Dr compare to others on Fallbrook Dr?
We track 5 other properties on Fallbrook Dr. Browse the list under "Other properties on Fallbrook Dr" to compare beds, baths, and sale history.
What are the property facts for 16247 Fallbrook Dr?
16247 Fallbrook Dr is a 3 bed, 3 bath, 2,826 sqft, 15,638 sqft lot single_family.
Is 16247 Fallbrook Dr a flip candidate?
No — 16247 Fallbrook Dr does not appear in our flips dataset.
Is 16247 Fallbrook Dr a tax-appeal candidate?
No — 16247 Fallbrook Dr 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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