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2012 Lake Dr

Northfield, MN 55057

2 bd 2 ba 1,680 sqft Built 2002 Lot 2,856 sqft townhomes
Most recent sale
$170,000
Dec 17, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 17, 2021 Sold $170,000 Public Record
Nov 12, 2021 Sold $340,000 MLS #6107070
Nov 10, 2021 Listed $340,000 MLS #6107070
Jun 15, 2016 Sold $260,000 MLS #4708230
Apr 29, 2016 Listed $260,000 MLS #4708230
Oct 13, 2003 Sold $214,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $241,900 $4,194
2019 $237,900 $4,036
2018 $225,100 $3,858
2017 $210,300 $3,256
2016 $192,100 $3,202
2015 $178,800 $2,944
2014 $164,500 $2,850
2013 $154,200 $2,904
2012 $154,200 $2,790
2011 $167,200 $2,482
2010 $189,500 $2,572
2009 $231,600 $2,736
2006 $229,800 $2,716

Property facts

Year built
2002
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
1,680 sqft
Lot size
2,856 sqft
ZIP code
55057
City
Northfield
Street
Lake Dr
Coordinates
44.43776, -93.14964

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
$1,020
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2012 Lake Dr last sell?
2012 Lake Dr most recently sold on Dec 17, 2021 for $170,000.
What is the current tax assessment for 2012 Lake Dr?
The most recent total assessment for 2012 Lake Dr (year 2020) is $241,900 with $4,194 in property tax.
How does 2012 Lake Dr's assessment compare to its last sale price?
The current assessment is 42.3% above the last sale price of $170,000.
When was 2012 Lake Dr built?
2012 Lake Dr was built in 2002.
How does 2012 Lake Dr compare to others on Lake Dr?
We track 8 other properties on Lake Dr. Browse the list under "Other properties on Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 2012 Lake Dr?
2012 Lake Dr is a 2 bed, 2 bath, 1,680 sqft, 2,856 sqft lot townhomes.
Is 2012 Lake Dr a flip candidate?
No — 2012 Lake Dr does not appear in our flips dataset.
Is 2012 Lake Dr a tax-appeal candidate?
Yes — 2012 Lake Dr 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
+1.3%
Implied 1-yr
+5.2%
2026 Q3
$391.1K
2026 Q4
$395.8K
ZIP 55057 — Median Price History + Forecast

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