7120 196th St
Prior Lake, MN 55372
4 bd 5 ba 2,927 sqft Built 1998 Lot 222,156 sqft single_family
Most recent sale
$525,000
Oct 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 21, 2022 | Sold | $525,000 | MLS #6244851 |
| Sep 12, 2022 | Relisted | $525,000 | MLS #6244851 |
| Sep 2, 2022 | Price changed | $525,000 | MLS #6244851 |
| Aug 17, 2022 | Price changed | $540,000 | MLS #6244851 |
| Aug 5, 2022 | Listed | $550,000 | MLS #6244851 |
| Jun 17, 2011 | Listing removed | $279,900 | NorthstarMLS |
| Jun 13, 2011 | Listing removed | $369,900 | NorthstarMLS |
| Aug 18, 2010 | Price changed | $369,900 | MLS #3955336 |
| Aug 2, 2010 | Listed | $379,900 | MLS #3955336 |
| May 5, 2009 | Sold | $257,600 | Public Record |
| Mar 27, 2009 | Sold | $257,600 | MLS #3654924 |
| Mar 5, 2009 | Listed | $279,900 | MLS #3654924 |
| Dec 23, 2008 | Listed | $279,900 | MLS #3629967 |
| Mar 28, 2002 | Sold | $359,900 | MLS #1639330 |
| Dec 5, 2001 | Listed | $369,900 | MLS #1640168 |
| Nov 30, 2001 | Listed | $359,900 | MLS #1639330 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $315,700 | $285,200 | $600,900 | $5,018 |
| 2025 | $304,500 | $280,400 | $584,900 | $4,798 |
| 2024 | $271,900 | $258,900 | $530,800 | $4,522 |
| 2023 | $277,200 | $240,700 | $517,900 | $4,288 |
| 2022 | $230,300 | $197,300 | $427,600 | $4,320 |
| 2020 | — | — | $375,500 | $4,056 |
| 2019 | — | — | $380,230 | $4,096 |
| 2018 | — | — | $369,800 | $3,986 |
| 2017 | — | — | $337,000 | $4,050 |
| 2016 | — | — | $359,600 | $4,086 |
| 2015 | — | — | $358,900 | $3,830 |
| 2014 | — | — | $356,100 | $3,770 |
| 2013 | — | — | $327,300 | $3,980 |
| 2012 | — | — | $338,900 | $3,952 |
| 2011 | — | — | $355,500 | $3,902 |
| 2010 | $235,700 | $124,600 | $360,300 | $3,604 |
| 2009 | $238,300 | $126,000 | $364,300 | $3,934 |
Property facts
Year built
1998
Property type
single_family
Stories
2
Beds
4
Baths
5
Living area
2,927 sqft
Lot size
222,156 sqft
ZIP code
55372
City
Prior Lake
Street
196th St
Coordinates
44.66679, -93.37770
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,391
Gross rental yield
10.04%
Implied cap rate
6.52%
Trend-extrapolated value
—
Frequently asked questions
When did 7120 196th St last sell?
7120 196th St most recently sold on Oct 21, 2022 for $525,000.
What is the current tax assessment for 7120 196th St?
The most recent total assessment for 7120 196th St (year 2026) is $600,900 with $5,018 in property tax.
How does 7120 196th St's assessment compare to its last sale price?
The current assessment is 14.5% above the last sale price of $525,000.
When was 7120 196th St built?
7120 196th St was built in 1998.
How does 7120 196th St compare to others on 196th St?
We do not currently track other properties on 196th St.
What are the property facts for 7120 196th St?
7120 196th St is a 4 bed, 5 bath, 2,927 sqft, 222,156 sqft lot single_family.
Is 7120 196th St a flip candidate?
No — 7120 196th St does not appear in our flips dataset.
Is 7120 196th St a tax-appeal candidate?
No — 7120 196th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.1%
Implied 1-yr
+4.3%
2026 Q3
$886K
2026 Q4
$894.9K
ZIP 55372 — Median Price History + Forecast
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Geography