1504 185th St
Lester Prairie, MN 55354
5 bd 3 ba 4,975 sqft Built 1890 Lot 4,530,240 sqft single_family
Most recent sale
$900,000
Feb 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 23, 2022 | Sold | $900,000 | MLS #5770012 |
| Sep 14, 2021 | Price changed | $900,000 | MLS #5770012 |
| Jul 7, 2021 | Relisted | $1,400,000 | MLS #5770012 |
| Jun 28, 2021 | Listing removed | $1,400,000 | NorthstarMLS |
| Jun 16, 2021 | Listed | $1,400,000 | MLS #5770012 |
| Jan 31, 2013 | Listing removed | $1 | NorthstarMLS |
| Oct 18, 2012 | Listing removed | $1 | Arrowhead |
| Oct 9, 2012 | Listed | $1 | MLS #4198359 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $305,100 | $501,400 | $806,500 | $4,738 |
| 2025 | $305,200 | $510,900 | $816,100 | $4,806 |
| 2024 | $305,200 | $437,900 | $743,100 | $4,930 |
| 2023 | $288,900 | $380,800 | $669,700 | $5,627 |
| 2022 | $148,799 | $339,101 | $487,900 | $3,690 |
| 2021 | $148,799 | $339,101 | $487,900 | $3,810 |
| 2020 | $169,406 | $330,494 | $499,900 | $4,058 |
| 2019 | $158,731 | $316,569 | $475,300 | $2,932 |
| 2018 | $154,744 | $327,456 | $482,200 | $2,706 |
| 2017 | $144,589 | $322,611 | $467,200 | $2,488 |
| 2016 | $144,589 | $429,811 | $574,400 | $3,024 |
| 2015 | $172,332 | $380,868 | $553,200 | $2,900 |
| 2014 | $179,300 | $340,000 | $519,300 | $3,348 |
| 2013 | — | — | $466,000 | $3,440 |
| 2012 | — | — | $466,000 | $3,402 |
| 2011 | — | — | $500,000 | $3,500 |
| 2010 | — | — | $652,600 | $4,484 |
| 2009 | — | — | $561,100 | $4,338 |
Property facts
Year built
1890
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
4,975 sqft
Lot size
4,530,240 sqft
ZIP code
55354
City
Lester Prairie
Street
185th St
Coordinates
44.88877, -94.01642
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
$7,463
Gross rental yield
9.95%
Implied cap rate
6.47%
Trend-extrapolated value
—
Frequently asked questions
When did 1504 185th St last sell?
1504 185th St most recently sold on Feb 23, 2022 for $900,000.
What is the current tax assessment for 1504 185th St?
The most recent total assessment for 1504 185th St (year 2026) is $806,500 with $4,738 in property tax.
How does 1504 185th St's assessment compare to its last sale price?
The current assessment is 10.4% below the last sale price of $900,000.
When was 1504 185th St built?
1504 185th St was built in 1890.
How does 1504 185th St compare to others on 185th St?
We track 5 other properties on 185th St. Browse the list under "Other properties on 185th St" to compare beds, baths, and sale history.
What are the property facts for 1504 185th St?
1504 185th St is a 5 bed, 3 bath, 4,975 sqft, 4,530,240 sqft lot single_family.
Is 1504 185th St a flip candidate?
No — 1504 185th St does not appear in our flips dataset.
Is 1504 185th St a tax-appeal candidate?
No — 1504 185th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.1%
Implied 1-yr
+4.2%
2026 Q1
$333.4K
2026 Q2
$336.7K
ZIP 55354 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 185th St