24449 State Highway 16
Preston, MN 55965
3 bd 2 ba 1,344 sqft Built 1999 Lot 2,813,976 sqft farm
Most recent sale
$501,000
Nov 12, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 12, 2021 | Sold | $501,000 | MLS #6105185 |
| Sep 24, 2021 | Listed | $499,500 | MLS #6105185 |
| Jun 21, 2018 | Sold | $280,000 | Public Record |
| Apr 26, 2017 | Sold | $78,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | $193,000 | $193,000 | $386 |
| 2024 | — | $193,000 | $193,000 | $352 |
| 2021 | — | $119,600 | $119,600 | $330 |
| 2020 | — | $126,300 | $126,300 | $332 |
| 2019 | $33,213 | $435,387 | $468,600 | $1,036 |
| 2018 | — | $117,800 | $117,800 | $340 |
Property facts
Year built
1999
Property type
farm
Stories
—
Beds
3
Baths
2
Living area
1,344 sqft
Lot size
2,813,976 sqft
ZIP code
55965
City
Preston
Street
State Highway 16
Coordinates
43.68238, -92.16811
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,016
Gross rental yield
4.83%
Implied cap rate
3.14%
Trend-extrapolated value
—
Frequently asked questions
When did 24449 State Highway 16 last sell?
24449 State Highway 16 most recently sold on Nov 12, 2021 for $501,000.
What is the current tax assessment for 24449 State Highway 16?
The most recent total assessment for 24449 State Highway 16 (year 2025) is $193,000 with $386 in property tax.
How does 24449 State Highway 16's assessment compare to its last sale price?
The current assessment is 61.5% below the last sale price of $501,000.
When was 24449 State Highway 16 built?
24449 State Highway 16 was built in 1999.
How does 24449 State Highway 16 compare to others on State Highway 16?
We track 1 other property on State Highway 16. Browse the list under "Other properties on State Highway 16" to compare beds, baths, and sale history.
What are the property facts for 24449 State Highway 16?
24449 State Highway 16 is a 3 bed, 2 bath, 1,344 sqft, 2,813,976 sqft lot farm.
Is 24449 State Highway 16 a flip candidate?
No — 24449 State Highway 16 does not appear in our flips dataset.
Is 24449 State Highway 16 a tax-appeal candidate?
No — 24449 State Highway 16 is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.3%
Implied 1-yr
-1.3%
2026 Q3
$215.8K
2026 Q4
$215K
ZIP 55965 — Median Price History + Forecast
Explore nearby
Geography
Other properties on State Highway 16