116 Elm St
Lester Prairie, MN 55354
3 bd 1 ba 1,170 sqft Built 1978 Lot 6,229 sqft single_family
Most recent sale
$215,000
Mar 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 7, 2022 | Sold | $215,000 | MLS #6144978 |
| Jan 29, 2022 | Relisted | $208,900 | MLS #6144978 |
| Jan 25, 2022 | Listing removed | $208,900 | NorthstarMLS |
| Jan 23, 2022 | Listed | $208,900 | MLS #6144978 |
| Jun 11, 2019 | Sold | $135,000 | MLS #5226175 |
| Jan 1, 2019 | Sold | $135,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $176,400 | $29,300 | $205,700 | $2,790 |
| 2025 | $153,600 | $25,500 | $179,100 | $2,456 |
| 2024 | $153,600 | $25,500 | $179,100 | $2,632 |
| 2023 | $139,600 | $23,000 | $162,600 | $2,496 |
| 2022 | $103,012 | $17,488 | $120,500 | $2,458 |
| 2021 | $86,271 | $15,229 | $101,500 | $2,182 |
| 2020 | $86,271 | $15,229 | $101,500 | $1,740 |
Property facts
Year built
1978
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,170 sqft
Lot size
6,229 sqft
ZIP code
55354
City
Lester Prairie
Street
Elm St
Coordinates
44.88695, -94.04548
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
$1,755
Gross rental yield
9.80%
Implied cap rate
6.37%
Trend-extrapolated value
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Frequently asked questions
When did 116 Elm St last sell?
116 Elm St most recently sold on Mar 7, 2022 for $215,000.
What is the current tax assessment for 116 Elm St?
The most recent total assessment for 116 Elm St (year 2026) is $205,700 with $2,790 in property tax.
How does 116 Elm St's assessment compare to its last sale price?
The current assessment is 4.3% below the last sale price of $215,000.
When was 116 Elm St built?
116 Elm St was built in 1978.
How does 116 Elm St compare to others on Elm St?
We track 8 other properties on Elm St. Browse the list under "Other properties on Elm St" to compare beds, baths, and sale history.
What are the property facts for 116 Elm St?
116 Elm St is a 3 bed, 1 bath, 1,170 sqft, 6,229 sqft lot single_family.
Is 116 Elm St a flip candidate?
No — 116 Elm St does not appear in our flips dataset.
Is 116 Elm St a tax-appeal candidate?
No — 116 Elm 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 Elm St