1587 Prosperity Ln
Waconia, MN 55387
2 bd 2 ba 1,220 sqft Built 2003 Lot 436 sqft townhomes
Most recent sale
$211,000
May 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 25, 2022 | Sold | $211,000 | MLS #6175826 |
| Apr 25, 2022 | Relisted | $200,000 | MLS #6175826 |
| Apr 7, 2022 | Listed | $200,000 | MLS #6175826 |
| Jun 15, 2018 | Sold | $164,900 | MLS #4936563 |
| Apr 19, 2018 | Listed | $169,900 | MLS #4936563 |
| Aug 31, 2011 | Sold | $84,000 | MLS #4045370 |
| May 27, 2011 | Price changed | $89,900 | MLS #4045370 |
| May 10, 2011 | Listed | $94,900 | MLS #4045370 |
| May 28, 2004 | Sold | $138,400 | Public Record |
| Aug 29, 2003 | Sold | $1,088,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $138,500 | $1,888 |
| 2019 | — | — | $132,600 | $1,794 |
| 2018 | — | — | $116,200 | $1,552 |
| 2017 | — | — | $106,900 | $1,408 |
| 2016 | — | — | $96,700 | $1,178 |
| 2015 | — | — | $81,100 | $998 |
| 2014 | — | — | $66,500 | $748 |
| 2013 | — | — | $45,700 | $902 |
| 2012 | — | — | $53,700 | $1,134 |
| 2011 | — | — | $76,600 | $1,342 |
| 2010 | $83,900 | $23,200 | $107,100 | $1,352 |
| 2009 | $95,900 | $26,300 | $122,200 | $1,364 |
| 2008 | $102,400 | $26,300 | $128,700 | $1,454 |
| 2007 | $112,800 | $29,300 | $142,100 | $1,450 |
Property facts
Year built
2003
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,220 sqft
Lot size
436 sqft
ZIP code
55387
City
Waconia
Street
Prosperity Ln
Coordinates
44.83116, -93.81376
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,830
Gross rental yield
10.41%
Implied cap rate
6.76%
Trend-extrapolated value
—
Frequently asked questions
When did 1587 Prosperity Ln last sell?
1587 Prosperity Ln most recently sold on May 25, 2022 for $211,000.
What is the current tax assessment for 1587 Prosperity Ln?
The most recent total assessment for 1587 Prosperity Ln (year 2020) is $138,500 with $1,888 in property tax.
How does 1587 Prosperity Ln's assessment compare to its last sale price?
The current assessment is 34.4% below the last sale price of $211,000.
When was 1587 Prosperity Ln built?
1587 Prosperity Ln was built in 2003.
How does 1587 Prosperity Ln compare to others on Prosperity Ln?
We track 8 other properties on Prosperity Ln. Browse the list under "Other properties on Prosperity Ln" to compare beds, baths, and sale history.
What are the property facts for 1587 Prosperity Ln?
1587 Prosperity Ln is a 2 bed, 2 bath, 1,220 sqft, 436 sqft lot townhomes.
Is 1587 Prosperity Ln a flip candidate?
No — 1587 Prosperity Ln does not appear in our flips dataset.
Is 1587 Prosperity Ln a tax-appeal candidate?
No — 1587 Prosperity Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-5.3%
Implied 1-yr
-21.1%
2026 Q3
$388.2K
2026 Q4
$357.1K
ZIP 55387 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Prosperity Ln