1216 Prairie Ridge Ln
Lester Prairie, MN 55354
4 bd 2 ba 1,672 sqft Built 2022 Lot 13,068 sqft single_family
Most recent sale
$359,900
Sep 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 9, 2022 | Sold | $359,900 | MLS #6224533 |
| Jun 22, 2022 | Listed | $359,900 | MLS #6224533 |
| Jan 1, 2018 | Sold | $105,000 | Public Record |
| Apr 9, 2017 | Listing removed | $16,900 | NorthstarMLS |
| Mar 23, 2017 | Price changed | $16,900 | MLS #4784073 |
| Jan 1, 2017 | Sold | $208,000 | Public Record |
| Dec 30, 2016 | Listed | $16,400 | MLS #4784073 |
| Jun 13, 2011 | Listing removed | $19,900 | NorthstarMLS |
| Sep 8, 2009 | Listed | $19,900 | MLS #3832690 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $308,900 | $63,600 | $372,500 | $5,584 |
| 2025 | $267,700 | $55,400 | $323,100 | $4,972 |
| 2024 | $264,600 | $55,400 | $320,000 | $5,124 |
| 2023 | $83,700 | $50,600 | $134,300 | $1,960 |
| 2022 | — | $25,400 | $25,400 | $620 |
| 2021 | — | $23,100 | $23,100 | $590 |
| 2020 | — | $21,000 | $21,000 | $554 |
| 2019 | — | $20,100 | $20,100 | $416 |
| 2018 | — | $18,200 | $18,200 | $388 |
| 2017 | — | $17,400 | $17,400 | $376 |
| 2016 | — | $15,100 | $15,100 | $346 |
| 2015 | — | $14,400 | $14,400 | $312 |
| 2014 | — | $9,800 | $9,800 | $232 |
Property facts
Year built
2022
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,672 sqft
Lot size
13,068 sqft
ZIP code
55354
City
Lester Prairie
Street
Prairie Ridge Ln
Coordinates
44.87389, -94.03362
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
$2,508
Gross rental yield
8.36%
Implied cap rate
5.44%
Trend-extrapolated value
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Frequently asked questions
When did 1216 Prairie Ridge Ln last sell?
1216 Prairie Ridge Ln most recently sold on Sep 9, 2022 for $359,900.
What is the current tax assessment for 1216 Prairie Ridge Ln?
The most recent total assessment for 1216 Prairie Ridge Ln (year 2026) is $372,500 with $5,584 in property tax.
How does 1216 Prairie Ridge Ln's assessment compare to its last sale price?
The current assessment is 3.5% above the last sale price of $359,900.
When was 1216 Prairie Ridge Ln built?
1216 Prairie Ridge Ln was built in 2022.
How does 1216 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 1216 Prairie Ridge Ln?
1216 Prairie Ridge Ln is a 4 bed, 2 bath, 1,672 sqft, 13,068 sqft lot single_family.
Is 1216 Prairie Ridge Ln a flip candidate?
No — 1216 Prairie Ridge Ln does not appear in our flips dataset.
Is 1216 Prairie Ridge Ln a tax-appeal candidate?
No — 1216 Prairie Ridge Ln 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
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Geography
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