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16128 331st Ave

Preston, MN 55939

4 bd 2 ba 2,464 sqft Built 1968 Lot 756,202 sqft single_family
Most recent sale
$435,000
Dec 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 10, 2026 Listed $446,900 NorthstarMLS
Feb 6, 2026 Sold $185,000 Public Record
Jan 5, 2026 Price changed $429,000 NorthstarMLS
Sep 9, 2025 Price changed $429,900 NorthstarMLS
Aug 23, 2025 Price changed $449,900 NorthstarMLS
Jul 23, 2025 Listed $475,000 NorthstarMLS
Jun 19, 2025 Listed $750,000 NorthstarMLS
Feb 17, 2024 Listing removed NorthstarMLS
Dec 5, 2023 Listed $499,000 NorthstarMLS
Dec 16, 2022 Sold $435,000 NorthstarMLS
Oct 3, 2022 Listed $455,000 MLS #6260013
Sep 5, 2022 Listing removed NorthstarMLS
Sep 4, 2022 Listing removed MetroMLS
Jul 28, 2022 Price changed $460,000 MLS #6215093
Jun 24, 2022 Price changed $499,000 MLS #6215093
Jun 8, 2022 Listed $525,000 MLS #6215093
Jun 7, 2022 Listed $525,000 MLS #1796367

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $196,500 $362,600 $559,100 $2,488
2024 $196,500 $362,600 $559,100 $2,248
2021 $132,000 $252,500 $384,500 $866
2020 $73,232 $241,568 $314,800 $772
2019 $73,232 $224,668 $297,900 $870
2018 $66,872 $220,128 $287,000 $814
2017 $66,115 $209,385 $275,500 $814
2016 $66,872 $243,028 $309,900 $802
2015 $66,872 $244,128 $311,000 $738
2014 $66,872 $211,328 $278,200 $940
2013 $66,236 $180,864 $247,100 $866
2012 $72,147 $151,353 $223,500 $954

Property facts

Year built
1968
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,464 sqft
Lot size
756,202 sqft
ZIP code
55939
City
Preston
Street
331st Ave
Coordinates
43.58928, -91.98696

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,696
Gross rental yield
10.20%
Implied cap rate
6.63%
Trend-extrapolated value

Frequently asked questions

When did 16128 331st Ave last sell?
16128 331st Ave most recently sold on Dec 16, 2022 for $435,000.
What is the current tax assessment for 16128 331st Ave?
The most recent total assessment for 16128 331st Ave (year 2025) is $559,100 with $2,488 in property tax.
How does 16128 331st Ave's assessment compare to its last sale price?
The current assessment is 28.5% above the last sale price of $435,000.
When was 16128 331st Ave built?
16128 331st Ave was built in 1968.
How does 16128 331st Ave compare to others on 331st Ave?
We do not currently track other properties on 331st Ave.
What are the property facts for 16128 331st Ave?
16128 331st Ave is a 4 bed, 2 bath, 2,464 sqft, 756,202 sqft lot single_family.
Is 16128 331st Ave a flip candidate?
No — 16128 331st Ave does not appear in our flips dataset.
Is 16128 331st Ave a tax-appeal candidate?
No — 16128 331st Ave 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
-2.7%
Implied 1-yr
-10.8%
2026 Q3
$147.9K
2026 Q4
$143.1K
ZIP 55939 — Median Price History + Forecast

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