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12088 Lake Ln

Lindstrom, MN 55045

2 bd 2 ba 1,320 sqft Built 2002 Lot 1,960 sqft townhomes
Most recent sale
$220,000
May 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 24, 2022 Sold $220,000 MLS #6156355
Mar 22, 2022 Price changed $220,000 MLS #6156355
Feb 24, 2022 Listed $225,000 MLS #6156355
Feb 18, 2022 Sold $171,000 MLS #6127332
Dec 24, 2021 Price changed $199,900 MLS #6127332
Nov 13, 2021 Listed $219,900 MLS #6127332
Nov 6, 2021 Listing removed $234,900 NorthstarMLS
Sep 12, 2021 Price changed $234,900 MLS #6082619
Aug 17, 2021 Listed $249,900 MLS #6082619
Oct 15, 2018 Sold $150,000 Public Record
Jan 1, 2018 Sold $150,000 Public Record
Sep 6, 2002 Sold $139,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $162,400 $39,900 $202,300 $2,708
2023 $156,900 $15,200 $172,100 $2,226
2022 $135,100 $13,100 $148,200 $2,294
2021 $130,400 $13,000 $143,400 $2,254
2020 $130,400 $13,000 $143,400 $2,058
2019 $100,600 $8,100 $108,700 $1,840
2018 $112,500 $10,000 $122,500 $2,108
2017 $110,300 $10,000 $120,300 $2,076
2016 $110,600 $10,000 $120,600 $2,090
2015 $124,300 $18,000 $142,300 $2,480
2014 $114,400 $18,000 $132,400 $2,358
2013 $114,600 $18,000 $132,600 $2,280
2012 $115,800 $22,500 $138,300 $2,216
2011 $157,400 $2,000
2010 $157,400 $2,054
2009 $143,200 $25,000 $168,200 $2,134
2008 $152,100 $25,000 $177,100 $2,154
2007 $153,700 $25,000 $178,700 $2,284

Property facts

Year built
2002
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
1,320 sqft
Lot size
1,960 sqft
ZIP code
55045
City
Lindstrom
Street
Lake Ln
Coordinates
45.39250, -92.86130

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
$1,980
Gross rental yield
10.80%
Implied cap rate
7.02%
Trend-extrapolated value

Frequently asked questions

When did 12088 Lake Ln last sell?
12088 Lake Ln most recently sold on May 24, 2022 for $220,000.
What is the current tax assessment for 12088 Lake Ln?
The most recent total assessment for 12088 Lake Ln (year 2025) is $202,300 with $2,708 in property tax.
How does 12088 Lake Ln's assessment compare to its last sale price?
The current assessment is 8.0% below the last sale price of $220,000.
When was 12088 Lake Ln built?
12088 Lake Ln was built in 2002.
How does 12088 Lake Ln compare to others on Lake Ln?
We track 8 other properties on Lake Ln. Browse the list under "Other properties on Lake Ln" to compare beds, baths, and sale history.
What are the property facts for 12088 Lake Ln?
12088 Lake Ln is a 2 bed, 2 bath, 1,320 sqft, 1,960 sqft lot townhomes.
Is 12088 Lake Ln a flip candidate?
Yes — 12088 Lake Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 12088 Lake Ln a tax-appeal candidate?
No — 12088 Lake Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.3%
Implied 1-yr
-1.1%
2026 Q3
$444.9K
2026 Q4
$443.7K
ZIP 55045 — Median Price History + Forecast

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