16720 Markley Lake Dr
Prior Lake, MN 55372
5 bd 4 ba 3,112 sqft Built 2014 Lot 18,731 sqft single_family
Most recent sale
$600,000
May 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 27, 2022 | Sold | $600,000 | MLS #6159607 |
| Mar 30, 2022 | Relisted | $595,000 | MLS #6159607 |
| Mar 18, 2022 | Price changed | $595,000 | MLS #6159607 |
| Mar 4, 2022 | Listed | $625,000 | MLS #6159607 |
| Aug 25, 2014 | Sold | $347,576 | Public Record |
| Apr 25, 2014 | Sold | $75,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $387,100 | $163,800 | $550,900 | $5,426 |
| 2024 | $371,600 | $156,000 | $527,600 | $5,308 |
| 2023 | $357,200 | $152,300 | $509,500 | $4,928 |
| 2022 | — | — | $413,693 | $4,694 |
| 2021 | — | — | $395,200 | $4,588 |
| 2020 | — | — | $393,310 | $4,756 |
| 2019 | — | — | $378,400 | $4,766 |
| 2018 | — | — | $371,400 | $4,874 |
| 2017 | — | — | $337,800 | $4,374 |
| 2016 | — | — | $331,300 | $4,310 |
| 2015 | — | — | $19,600 | $288 |
| 2014 | — | $18,900 | $18,900 | $214 |
Property facts
Year built
2014
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,112 sqft
Lot size
18,731 sqft
ZIP code
55372
City
Prior Lake
Street
Markley Lake Dr
Coordinates
44.70787, -93.40845
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,668
Gross rental yield
9.34%
Implied cap rate
6.07%
Trend-extrapolated value
—
Frequently asked questions
When did 16720 Markley Lake Dr last sell?
16720 Markley Lake Dr most recently sold on May 27, 2022 for $600,000.
What is the current tax assessment for 16720 Markley Lake Dr?
The most recent total assessment for 16720 Markley Lake Dr (year 2025) is $550,900 with $5,426 in property tax.
How does 16720 Markley Lake Dr's assessment compare to its last sale price?
The current assessment is 8.2% below the last sale price of $600,000.
When was 16720 Markley Lake Dr built?
16720 Markley Lake Dr was built in 2014.
How does 16720 Markley Lake Dr compare to others on Markley Lake Dr?
We track 5 other properties on Markley Lake Dr. Browse the list under "Other properties on Markley Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 16720 Markley Lake Dr?
16720 Markley Lake Dr is a 5 bed, 4 bath, 3,112 sqft, 18,731 sqft lot single_family.
Is 16720 Markley Lake Dr a flip candidate?
No — 16720 Markley Lake Dr does not appear in our flips dataset.
Is 16720 Markley Lake Dr a tax-appeal candidate?
No — 16720 Markley Lake Dr 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
Explore nearby
Geography
Other properties on Markley Lake Dr