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5816 Sheffield Ter

Prior Lake, MN 55372

2 bd 2 ba 1,890 sqft Built 2021 Lot 10,280 sqft single_family
Most recent sale
$517,415
Feb 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 18, 2022 Sold $517,415 MLS #6112273
Oct 10, 2021 Listed $517,415 MLS #6112273

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $389,900 $142,300 $532,200 $6,240
2025 $391,700 $142,300 $534,000 $5,982
2024 $366,700 $123,200 $489,900 $5,508
2023 $143,300 $123,200 $266,500 $2,966
2022 $106,100 $106,100 $1,630
2021 $31,500 $31,500 $456

Property facts

Year built
2021
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,890 sqft
Lot size
10,280 sqft
ZIP code
55372
City
Prior Lake
Street
Sheffield Ter
Coordinates
44.75231, -93.40174

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,835
Gross rental yield
6.57%
Implied cap rate
4.27%
Trend-extrapolated value

Frequently asked questions

When did 5816 Sheffield Ter last sell?
5816 Sheffield Ter most recently sold on Feb 18, 2022 for $517,415.
What is the current tax assessment for 5816 Sheffield Ter?
The most recent total assessment for 5816 Sheffield Ter (year 2026) is $532,200 with $6,240 in property tax.
How does 5816 Sheffield Ter's assessment compare to its last sale price?
The current assessment is 2.9% above the last sale price of $517,415.
When was 5816 Sheffield Ter built?
5816 Sheffield Ter was built in 2021.
How does 5816 Sheffield Ter compare to others on Sheffield Ter?
We track 8 other properties on Sheffield Ter. Browse the list under "Other properties on Sheffield Ter" to compare beds, baths, and sale history.
What are the property facts for 5816 Sheffield Ter?
5816 Sheffield Ter is a 2 bed, 2 bath, 1,890 sqft, 10,280 sqft lot single_family.
Is 5816 Sheffield Ter a flip candidate?
No — 5816 Sheffield Ter does not appear in our flips dataset.
Is 5816 Sheffield Ter a tax-appeal candidate?
No — 5816 Sheffield Ter 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
+1.1%
Implied 1-yr
+4.3%
2026 Q3
$886K
2026 Q4
$894.9K
ZIP 55372 — Median Price History + Forecast

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