315 Lake St
Sherburn, MN 56171
3 bd 2 ba 1,825 sqft Built 1959 Lot 11,195 sqft single_family
Most recent sale
$175,000
Oct 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 22, 2023 | Sold | $189,900 | NorthstarMLS |
| Oct 7, 2022 | Sold | $175,000 | MLS #6249005 |
| Aug 15, 2022 | Listed | $169,900 | MLS #6249005 |
| Feb 24, 2019 | Listing removed | $89,900 | NorthstarMLS |
| Feb 23, 2019 | Listing removed | $89,900 | NorthstarMLS |
| Sep 4, 2018 | Sold | $125,000 | MLS #5190902 |
| Jun 15, 2018 | Listed | $128,000 | MLS #5190902 |
| Nov 30, 2012 | Sold | $74,000 | Public Record |
| Nov 29, 2012 | Listing removed | $89,900 | Willmar |
| Oct 31, 2012 | Listed | $89,900 | MLS #6001031 |
| Aug 7, 2003 | Sold | $52,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $169,300 | $5,500 | $174,800 | $3,724 |
| 2020 | — | — | $89,400 | $1,760 |
| 2019 | — | — | $68,900 | $1,646 |
| 2018 | — | — | $64,300 | $1,574 |
| 2017 | $57,915 | $2,085 | $60,000 | $1,294 |
| 2016 | $46,527 | $1,473 | $48,000 | $1,272 |
| 2015 | $44,059 | $1,441 | $45,500 | $1,292 |
| 2014 | $44,160 | $1,440 | $45,600 | $1,254 |
| 2013 | $42,060 | $2,340 | $44,400 | $1,344 |
| 2012 | $42,060 | $2,340 | $44,400 | $1,326 |
| 2011 | $71,700 | $3,900 | $75,600 | $1,323 |
| 2010 | $61,700 | $3,100 | $648 | $1,180 |
Property facts
Year built
1959
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,825 sqft
Lot size
11,195 sqft
ZIP code
56171
City
Sherburn
Street
Lake St
Coordinates
43.65673, -94.72576
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,050
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 315 Lake St last sell?
315 Lake St most recently sold on Oct 7, 2022 for $175,000.
What is the current tax assessment for 315 Lake St?
The most recent total assessment for 315 Lake St (year 2025) is $174,800 with $3,724 in property tax.
How does 315 Lake St's assessment compare to its last sale price?
The current assessment is 0.1% below the last sale price of $175,000.
When was 315 Lake St built?
315 Lake St was built in 1959.
How does 315 Lake St compare to others on Lake St?
We track 8 other properties on Lake St. Browse the list under "Other properties on Lake St" to compare beds, baths, and sale history.
What are the property facts for 315 Lake St?
315 Lake St is a 3 bed, 2 bath, 1,825 sqft, 11,195 sqft lot single_family.
Is 315 Lake St a flip candidate?
No — 315 Lake St does not appear in our flips dataset.
Is 315 Lake St a tax-appeal candidate?
No — 315 Lake 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
-5.6%
Implied 1-yr
-22.5%
2026 Q3
$138K
2026 Q4
$125.8K
ZIP 56171 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake St