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16023 62nd St

Otsego, MN 55330

4 bd 2 ba 1,918 sqft Built 1967 Lot 347,609 sqft single_family
Most recent sale
$424,900
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 8, 2025 Sold $63,206 Public Record
Jun 16, 2023 Sold $491,877 NorthstarMLS
Apr 13, 2023 Price changed $484,000 NorthstarMLS
Mar 3, 2023 Listed $494,000 NorthstarMLS
Dec 12, 2022 Listed for rent $3,500 NorthstarMLS
May 20, 2022 Sold $424,900 Public Record
Mar 23, 2022 Sold $424,900 MLS #6147176
Feb 4, 2022 Listed $424,900 MLS #6147176
Oct 31, 1989 Sold $83,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $254,600 $3,612
2019 $248,300 $2,872
2018 $214,100 $2,642
2017 $88,752 $108,648 $197,400 $2,538
2016 $83,289 $104,111 $187,400 $2,546
2015 $183,700 $2,618
2014 $179,700 $2,654
2013 $171,200 $2,884
2012 $179,700 $3,108
2011 $205,100 $3,102
2010 $84,400 $148,500 $232,900 $5,218
2008 $111,500 $318,500 $430,000 $3,598

Property facts

Year built
1967
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,918 sqft
Lot size
347,609 sqft
ZIP code
55330
City
Otsego
Street
62nd St
Coordinates
45.23933, -93.55967

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,877
Gross rental yield
8.13%
Implied cap rate
5.28%
Trend-extrapolated value

Frequently asked questions

When did 16023 62nd St last sell?
16023 62nd St most recently sold on May 20, 2022 for $424,900.
What is the current tax assessment for 16023 62nd St?
The most recent total assessment for 16023 62nd St (year 2020) is $254,600 with $3,612 in property tax.
How does 16023 62nd St's assessment compare to its last sale price?
The current assessment is 40.1% below the last sale price of $424,900.
When was 16023 62nd St built?
16023 62nd St was built in 1967.
How does 16023 62nd St compare to others on 62nd St?
We track 8 other properties on 62nd St. Browse the list under "Other properties on 62nd St" to compare beds, baths, and sale history.
What are the property facts for 16023 62nd St?
16023 62nd St is a 4 bed, 2 bath, 1,918 sqft, 347,609 sqft lot single_family.
Is 16023 62nd St a flip candidate?
No — 16023 62nd St does not appear in our flips dataset.
Is 16023 62nd St a tax-appeal candidate?
Yes — 16023 62nd St 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
+0.0%
Implied 1-yr
+0.0%
2026 Q3
$403.1K
2026 Q4
$403.2K
ZIP 55330 — Median Price History + Forecast

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