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1113 Prairie Ridge Ln

Lester Prairie, MN 55354

3 bd 2 ba 1,362 sqft Built 2021 Lot 16,466 sqft single_family
Most recent sale
$310,900
Dec 1, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 1, 2021 Sold $310,900 MLS #6071429
Jul 28, 2021 Listed $304,900 MLS #6071429
Jul 22, 2021 Listing removed $296,900 NorthstarMLS
Jun 1, 2021 Listed $296,900 MLS #5767579
May 29, 2021 Listing removed $270,218 NorthstarMLS
Feb 18, 2021 Price changed $270,218 MLS #5696703
Jan 14, 2021 Price changed $255,700 MLS #5696703
Dec 29, 2020 Listed $253,700 MLS #5696703
Dec 14, 2020 Sold $93,000 Public Record
Jun 13, 2011 Listing removed $19,900 NorthstarMLS
Sep 8, 2009 Listed $19,900 MLS #3832639

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $305,000 $70,300 $375,300 $5,630
2025 $264,400 $61,200 $325,600 $5,268
2024 $264,400 $61,200 $325,600 $5,338
2023 $239,700 $55,800 $295,500 $5,168
2022 $28,000 $28,000 $682
2021 $25,500 $25,500 $652
2020 $25,500 $25,500 $610
2019 $23,200 $23,200 $456
2018 $22,100 $22,100 $428
2017 $20,100 $20,100 $414
2016 $19,100 $19,100 $380
2015 $16,600 $16,600 $344
2014 $15,900 $15,900 $254
2013 $10,800 $10,800 $326
2012 $13,200 $438
2011 $20,000 $20,000 $420
2010 $28,100 $504
2009 $24,900 $436

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,362 sqft
Lot size
16,466 sqft
ZIP code
55354
City
Lester Prairie
Street
Prairie Ridge Ln
Coordinates
44.87235, -94.03508

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,043
Gross rental yield
7.89%
Implied cap rate
5.13%
Trend-extrapolated value

Frequently asked questions

When did 1113 Prairie Ridge Ln last sell?
1113 Prairie Ridge Ln most recently sold on Dec 1, 2021 for $310,900.
What is the current tax assessment for 1113 Prairie Ridge Ln?
The most recent total assessment for 1113 Prairie Ridge Ln (year 2026) is $375,300 with $5,630 in property tax.
How does 1113 Prairie Ridge Ln's assessment compare to its last sale price?
The current assessment is 20.7% above the last sale price of $310,900.
When was 1113 Prairie Ridge Ln built?
1113 Prairie Ridge Ln was built in 2021.
How does 1113 Prairie Ridge Ln compare to others on Prairie Ridge Ln?
We track 8 other properties on Prairie Ridge Ln. Browse the list under "Other properties on Prairie Ridge Ln" to compare beds, baths, and sale history.
What are the property facts for 1113 Prairie Ridge Ln?
1113 Prairie Ridge Ln is a 3 bed, 2 bath, 1,362 sqft, 16,466 sqft lot single_family.
Is 1113 Prairie Ridge Ln a flip candidate?
Yes — 1113 Prairie Ridge Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1113 Prairie Ridge Ln a tax-appeal candidate?
Yes — 1113 Prairie Ridge Ln appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.1%
Implied 1-yr
+4.2%
2026 Q1
$333.4K
2026 Q2
$336.7K
ZIP 55354 — Median Price History + Forecast

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