16587 Norwood Ln
Pine City, MN 55063
4 bd 3 ba 2,450 sqft Built 1999 Lot 14,810 sqft single_family
Most recent sale
$670,000
Apr 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 29, 2022 | Sold | $670,000 | MLS #6164612 |
| Mar 15, 2022 | Listed | $699,000 | MLS #6164612 |
| Jan 11, 2022 | Listing removed | $659,000 | NorthstarMLS |
| Oct 20, 2021 | Price changed | $659,000 | MLS #6107462 |
| Sep 29, 2021 | Listed | $674,900 | MLS #6107462 |
| Jun 13, 2011 | Listing removed | $395,000 | NorthstarMLS |
| Jun 13, 2011 | Sold | $360,000 | MLS #3806330 |
| Nov 9, 2009 | Sold | $360,000 | Public Record |
| Jul 1, 2009 | Listed | $395,000 | MLS #3806330 |
| Mar 24, 2009 | Listed | $395,000 | MLS #3662560 |
| Jun 13, 2003 | Sold | $319,000 | Public Record |
| Feb 1, 2002 | Sold | $281,000 | MLS #1631214 |
| Oct 24, 2001 | Listed | $289,999 | MLS #1631214 |
| Jul 8, 1996 | Sold | $67,000 | MLS #1190014 |
| May 9, 1996 | Listed | $64,900 | MLS #1190014 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $398,400 | $192,800 | $591,200 | $5,240 |
| 2023 | $293,600 | $237,000 | $530,600 | $4,976 |
| 2022 | $254,100 | $128,000 | $382,100 | $4,366 |
| 2021 | $214,300 | $118,300 | $332,600 | $4,046 |
| 2020 | $194,700 | $125,500 | $320,200 | $4,070 |
| 2019 | $171,700 | $113,500 | $285,200 | $3,764 |
| 2018 | $171,600 | $116,000 | $287,600 | $3,902 |
| 2017 | $167,400 | $116,000 | $283,400 | $3,918 |
| 2016 | $149,100 | $116,000 | $265,100 | $3,828 |
| 2015 | $131,000 | $122,500 | $253,500 | $3,522 |
| 2014 | $132,100 | $122,500 | $254,600 | $3,416 |
| 2013 | $133,000 | $126,300 | $259,300 | $3,268 |
| 2012 | $143,600 | $128,500 | $272,100 | $3,104 |
| 2011 | $150,600 | $135,500 | $286,100 | $2,942 |
| 2010 | $150,600 | $135,500 | $286,100 | $2,970 |
Property facts
Year built
1999
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,450 sqft
Lot size
14,810 sqft
ZIP code
55063
City
Pine City
Street
Norwood Ln
Coordinates
45.85081, -92.93858
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,675
Gross rental yield
6.58%
Implied cap rate
4.28%
Trend-extrapolated value
—
Frequently asked questions
When did 16587 Norwood Ln last sell?
16587 Norwood Ln most recently sold on Apr 29, 2022 for $670,000.
What is the current tax assessment for 16587 Norwood Ln?
The most recent total assessment for 16587 Norwood Ln (year 2025) is $591,200 with $5,240 in property tax.
How does 16587 Norwood Ln's assessment compare to its last sale price?
The current assessment is 11.8% below the last sale price of $670,000.
When was 16587 Norwood Ln built?
16587 Norwood Ln was built in 1999.
How does 16587 Norwood Ln compare to others on Norwood Ln?
We track 6 other properties on Norwood Ln. Browse the list under "Other properties on Norwood Ln" to compare beds, baths, and sale history.
What are the property facts for 16587 Norwood Ln?
16587 Norwood Ln is a 4 bed, 3 bath, 2,450 sqft, 14,810 sqft lot single_family.
Is 16587 Norwood Ln a flip candidate?
No — 16587 Norwood Ln does not appear in our flips dataset.
Is 16587 Norwood Ln a tax-appeal candidate?
No — 16587 Norwood 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
-1.8%
Implied 1-yr
-7.3%
2026 Q3
$238.3K
2026 Q4
$233.4K
ZIP 55063 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Norwood Ln