116 Summit St
Sleepy Eye, MN 56085
3 bd 1 ba 2,498 sqft Built 1898 Lot 8,712 sqft single_family
Most recent sale
$151,900
Mar 29, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 29, 2023 | Sold | $151,900 | Mankato |
| Jan 19, 2023 | Price changed | $154,900 | Mankato |
| Nov 4, 2022 | Price changed | $162,900 | Mankato |
| Oct 9, 2022 | Price changed | $169,900 | Mankato |
| Sep 25, 2022 | Listed | $174,900 | Mankato |
| Jun 30, 2010 | Sold | $90,000 | Public Record |
| Jul 27, 2001 | Sold | $81,700 | Public Record |
| Mar 16, 1994 | Sold | $48,500 | Public Record |
| Jun 15, 1992 | Sold | $36,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $75,944 | $14,756 | $90,700 | $1,458 |
| 2021 | $81,382 | $15,018 | $96,400 | $1,510 |
| 2020 | $76,176 | $14,124 | $90,300 | $1,424 |
| 2019 | $74,935 | $14,065 | $89,000 | $1,348 |
| 2018 | $66,525 | $11,975 | $78,500 | $1,230 |
| 2017 | $60,968 | $10,532 | $71,500 | $1,108 |
| 2016 | $50,678 | $9,422 | $60,100 | $950 |
| 2015 | $53,303 | $10,097 | $63,400 | $966 |
| 2014 | $55,469 | $10,231 | $65,700 | $940 |
| 2013 | $57,557 | $10,343 | $67,900 | $994 |
| 2012 | $74,400 | $12,200 | $86,600 | $882 |
Property facts
Year built
1898
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
2,498 sqft
Lot size
8,712 sqft
ZIP code
56085
City
Sleepy Eye
Street
Summit St
Coordinates
44.29228, -94.72172
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
$911
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 116 Summit St last sell?
116 Summit St most recently sold on Mar 29, 2023 for $151,900.
What is the current tax assessment for 116 Summit St?
The most recent total assessment for 116 Summit St (year 2022) is $90,700 with $1,458 in property tax.
How does 116 Summit St's assessment compare to its last sale price?
The current assessment is 40.3% below the last sale price of $151,900.
When was 116 Summit St built?
116 Summit St was built in 1898.
How does 116 Summit St compare to others on Summit St?
We track 8 other properties on Summit St. Browse the list under "Other properties on Summit St" to compare beds, baths, and sale history.
What are the property facts for 116 Summit St?
116 Summit St is a 3 bed, 1 bath, 2,498 sqft, 8,712 sqft lot single_family.
Is 116 Summit St a flip candidate?
No — 116 Summit St does not appear in our flips dataset.
Is 116 Summit St a tax-appeal candidate?
No — 116 Summit 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
-3.5%
Implied 1-yr
-13.9%
2026 Q3
$131.6K
2026 Q4
$125.7K
ZIP 56085 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Summit St