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1401 Cedar Ln

Litchfield, MN 55355

3 bd 2 ba 1,623 sqft Built 2022 Lot 20,038 sqft single_family
Most recent sale
$96,000
Apr 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 10, 2023 Sold $375,000 NorthstarMLS
Aug 31, 2022 Listed $379,900 MLS #6255504
Apr 7, 2022 Sold $96,000 Public Record
Jan 1, 2022 Listing removed $43,000 NorthstarMLS
Mar 27, 2021 Listing removed $43,000 NorthstarMLS
Jan 12, 2021 Listed $43,000 MLS #5700694
Jul 16, 2015 Listing removed $49,900 NorthstarMLS
Jul 30, 2012 Listing removed $49,900 Mankato
Jul 15, 2012 Listed $49,900 MLS #4344966
Jul 1, 2012 Listing removed $49,900 NorthstarMLS
Jun 10, 2011 Listing removed $49,900 NorthstarMLS
Jun 8, 2011 Listed $49,900 MLS #4056027
May 12, 2010 Listed $49,900 MLS #3925139

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $32,600 $642
2019 $32,600 $568
2018 $32,600 $560
2017 $32,600 $32,600 $554
2016 $31,000 $31,000 $594
2015 $31,000 $31,000 $582
2014 $31,000 $31,000 $534
2013 $31,000 $31,000 $564
2012 $31,000 $31,000 $464
2011 $25,800 $25,800 $408
2010 $24,200 $24,200 $376
2009 $21,200 $334

Property facts

Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,623 sqft
Lot size
20,038 sqft
ZIP code
55355
City
Litchfield
Street
Cedar Ln
Coordinates
45.12714, -94.50116

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
$576
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1401 Cedar Ln last sell?
1401 Cedar Ln most recently sold on Apr 7, 2022 for $96,000.
What is the current tax assessment for 1401 Cedar Ln?
The most recent total assessment for 1401 Cedar Ln (year 2020) is $32,600 with $642 in property tax.
How does 1401 Cedar Ln's assessment compare to its last sale price?
The current assessment is 66.0% below the last sale price of $96,000.
When was 1401 Cedar Ln built?
1401 Cedar Ln was built in 2022.
How does 1401 Cedar Ln compare to others on Cedar Ln?
We track 8 other properties on Cedar Ln. Browse the list under "Other properties on Cedar Ln" to compare beds, baths, and sale history.
What are the property facts for 1401 Cedar Ln?
1401 Cedar Ln is a 3 bed, 2 bath, 1,623 sqft, 20,038 sqft lot single_family.
Is 1401 Cedar Ln a flip candidate?
Yes — 1401 Cedar Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1401 Cedar Ln a tax-appeal candidate?
No — 1401 Cedar 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
-2.3%
Implied 1-yr
-9.0%
2026 Q3
$189.1K
2026 Q4
$184.1K
ZIP 55355 — Median Price History + Forecast

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