16542 Frazer Way
Lakeville, MN 55068
3 bd 2 ba 1,896 sqft Built 1970 Lot 10,890 sqft single_family
Most recent sale
$314,800
Feb 13, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 14, 2024 | Sold | $365,000 | NorthstarMLS |
| Apr 11, 2024 | Price changed | $365,000 | NorthstarMLS |
| Apr 4, 2024 | Price changed | $373,000 | NorthstarMLS |
| Mar 4, 2024 | Listed | $375,000 | NorthstarMLS |
| Feb 13, 2024 | Sold | $314,800 | Public Record |
| May 17, 2013 | Sold | $182,500 | NorthstarMLS |
| Mar 5, 2013 | Price changed | $169,900 | NorthstarMLS |
| Feb 11, 2013 | Price changed | $182,900 | NorthstarMLS |
| Jan 11, 2013 | Price changed | $189,000 | NorthstarMLS |
| Dec 11, 2012 | Listed | $199,000 | NorthstarMLS |
| Oct 1, 2012 | Listing removed | $166,500 | NorthstarMLS |
| Mar 13, 2012 | Listing removed | $172,500 | NorthstarMLS |
| Feb 29, 2012 | Price changed | $172,500 | NorthstarMLS |
| Oct 21, 2011 | Listed | $175,000 | NorthstarMLS |
| Sep 30, 1997 | Sold | $111,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $237,985 | $64,810 | $302,795 | $3,296 |
| 2023 | $232,707 | $66,100 | $298,807 | $3,278 |
| 2022 | $190,545 | $56,160 | $246,705 | $3,034 |
| 2021 | $171,437 | $52,814 | $224,251 | $2,896 |
| 2020 | $168,688 | $50,113 | $218,801 | $3,706 |
| 2019 | $154,263 | $47,098 | $201,361 | $3,008 |
| 2018 | $140,104 | $44,253 | $184,357 | $2,495 |
| 2017 | $129,317 | $41,524 | $170,841 | $2,448 |
| 2016 | $116,642 | $39,702 | $156,344 | $2,321 |
| 2015 | $111,360 | $38,226 | $149,586 | $2,225 |
| 2014 | $100,637 | $34,343 | $134,980 | $2,191 |
| 2013 | $96,083 | $32,902 | $128,985 | $2,125 |
| 2012 | $104,694 | $35,300 | $139,994 | $1,844 |
| 2011 | $123,500 | $43,100 | $166,600 | $1,835 |
| 2009 | $150,900 | $50,400 | $201,300 | $1,970 |
| 2008 | $151,700 | $50,400 | $202,100 | $1,966 |
| 2007 | $151,700 | $50,400 | $202,100 | $1,955 |
Property facts
Year built
1970
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,896 sqft
Lot size
10,890 sqft
ZIP code
55068
City
Lakeville
Street
Frazer Way
Coordinates
44.71022, -93.20425
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,844
Gross rental yield
10.84%
Implied cap rate
7.05%
Trend-extrapolated value
—
Frequently asked questions
When did 16542 Frazer Way last sell?
16542 Frazer Way most recently sold on Feb 13, 2024 for $314,800.
What is the current tax assessment for 16542 Frazer Way?
The most recent total assessment for 16542 Frazer Way (year 2025) is $302,795 with $3,296 in property tax.
How does 16542 Frazer Way's assessment compare to its last sale price?
The current assessment is 3.8% below the last sale price of $314,800.
When was 16542 Frazer Way built?
16542 Frazer Way was built in 1970.
How does 16542 Frazer Way compare to others on Frazer Way?
We track 3 other properties on Frazer Way. Browse the list under "Other properties on Frazer Way" to compare beds, baths, and sale history.
What are the property facts for 16542 Frazer Way?
16542 Frazer Way is a 3 bed, 2 bath, 1,896 sqft, 10,890 sqft lot single_family.
Is 16542 Frazer Way a flip candidate?
No — 16542 Frazer Way does not appear in our flips dataset.
Is 16542 Frazer Way a tax-appeal candidate?
No — 16542 Frazer Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-4.2%
Implied 1-yr
-17.0%
2026 Q3
$362K
2026 Q4
$340.8K
ZIP 55068 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Frazer Way