10028 Somerset Ln
Monticello, MN 55362
4 bd 2 ba 1,763 sqft Built 2001 Lot 12,197 sqft single_family
Most recent sale
$320,000
Jul 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 30, 2025 | Sold | $330,000 | NorthstarMLS |
| May 21, 2025 | Listed | $320,000 | NorthstarMLS |
| May 8, 2025 | Listed | $320,000 | NorthstarMLS |
| Apr 24, 2025 | Price changed | $349,900 | NorthstarMLS |
| Apr 7, 2025 | Listed | $355,000 | NorthstarMLS |
| Aug 5, 2024 | Price changed | $369,900 | NorthstarMLS |
| Jul 24, 2024 | Listed | $379,900 | NorthstarMLS |
| Jul 17, 2024 | Listed | $369,900 | NorthstarMLS |
| Jul 1, 2022 | Sold | $320,000 | MLS #6173607 |
| May 5, 2022 | Price changed | $320,000 | MLS #6173607 |
| Apr 13, 2022 | Listed | $330,000 | MLS #6173607 |
| Jun 30, 2020 | Sold | $249,000 | MLS #5566826 |
| May 22, 2020 | Price changed | $249,900 | MLS #5566826 |
| May 14, 2020 | Listed | $259,900 | MLS #5566826 |
| Mar 9, 2020 | Sold | $138,500 | Public Record |
| Feb 7, 2002 | Sold | $151,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $278,379 | $2,968 |
| 2024 | — | — | $278,379 | $3,112 |
| 2023 | — | — | $275,100 | $2,904 |
| 2022 | $172,100 | $55,000 | $227,100 | $2,608 |
| 2021 | — | — | $189,900 | $2,226 |
| 2020 | — | — | $189,900 | $2,198 |
| 2019 | — | — | $165,700 | $3,484 |
| 2018 | $112,661 | $41,239 | $153,900 | $2,618 |
| 2017 | $102,804 | $34,296 | $137,100 | $2,528 |
| 2016 | — | — | $129,100 | $2,270 |
| 2015 | — | — | $119,100 | $1,420 |
| 2014 | — | — | $108,400 | $1,518 |
| 2013 | — | — | $103,000 | $1,438 |
| 2012 | — | — | $120,400 | $1,822 |
| 2011 | $100,700 | $45,000 | $145,700 | $1,770 |
| 2010 | $112,700 | $46,000 | $158,700 | $1,846 |
| 2008 | $124,500 | $51,000 | $175,500 | $2,000 |
| 2007 | — | — | $173,000 | $1,612 |
Property facts
Year built
2001
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,763 sqft
Lot size
12,197 sqft
ZIP code
55362
City
Monticello
Street
Somerset Ln
Coordinates
45.29596, -93.81186
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
$2,645
Gross rental yield
9.92%
Implied cap rate
6.45%
Trend-extrapolated value
—
Frequently asked questions
When did 10028 Somerset Ln last sell?
10028 Somerset Ln most recently sold on Jul 1, 2022 for $320,000.
What is the current tax assessment for 10028 Somerset Ln?
The most recent total assessment for 10028 Somerset Ln (year 2025) is $278,379 with $2,968 in property tax.
How does 10028 Somerset Ln's assessment compare to its last sale price?
The current assessment is 13.0% below the last sale price of $320,000.
When was 10028 Somerset Ln built?
10028 Somerset Ln was built in 2001.
How does 10028 Somerset Ln compare to others on Somerset Ln?
We track 5 other properties on Somerset Ln. Browse the list under "Other properties on Somerset Ln" to compare beds, baths, and sale history.
What are the property facts for 10028 Somerset Ln?
10028 Somerset Ln is a 4 bed, 2 bath, 1,763 sqft, 12,197 sqft lot single_family.
Is 10028 Somerset Ln a flip candidate?
Yes — 10028 Somerset Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 10028 Somerset Ln a tax-appeal candidate?
No — 10028 Somerset 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
+1.9%
Implied 1-yr
+7.7%
2026 Q3
$487.5K
2026 Q4
$487.5K
ZIP 55362 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Somerset Ln