321 Lake St
Sherburn, MN 56171
4 bd 4,016 sqft Built 1960 Lot 33,880 sqft other
Most recent sale
$375,000
Mar 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 5, 2022 | Sold | $400,000 | Public Record |
| Mar 11, 2022 | Sold | $375,000 | MLS #6103117 |
| Jan 22, 2022 | Price changed | $375,000 | MLS #6103117 |
| Oct 1, 2021 | Listed | $388,000 | MLS #6103117 |
| Feb 11, 2021 | Sold | $30,000 | Public Record |
| Dec 13, 2018 | Sold | $30,000 | Public Record |
| May 5, 2009 | Listing removed | $149,000 | Mankato |
| Oct 29, 2004 | Listed | $149,000 | MLS #100500 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $300,900 | $16,600 | $317,500 | $6,740 |
Property facts
Year built
1960
Property type
other
Stories
1
Beds
4
Baths
—
Living area
4,016 sqft
Lot size
33,880 sqft
ZIP code
56171
City
Sherburn
Street
Lake St
Coordinates
43.65746, -94.72593
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
$2,250
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 321 Lake St last sell?
321 Lake St most recently sold on Mar 11, 2022 for $375,000.
What is the current tax assessment for 321 Lake St?
The most recent total assessment for 321 Lake St (year 2025) is $317,500 with $6,740 in property tax.
How does 321 Lake St's assessment compare to its last sale price?
The current assessment is 15.3% below the last sale price of $375,000.
When was 321 Lake St built?
321 Lake St was built in 1960.
How does 321 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 321 Lake St?
321 Lake St is a 4 bed, 4,016 sqft, 33,880 sqft lot other.
Is 321 Lake St a flip candidate?
No — 321 Lake St does not appear in our flips dataset.
Is 321 Lake St a tax-appeal candidate?
No — 321 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