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616 Lake St

River Falls, WI 54022

3 bd 2 ba 1,872 sqft Built 1885 Lot 6,970 sqft single_family
Most recent sale
$290,000
Mar 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 21, 2022 Sold $290,000 MLS #6149785
Feb 7, 2022 Listed $274,900 MLS #6149785
Feb 6, 2019 Listing removed $192,000 NorthstarMLS
Sep 26, 2017 Sold $191,000 MLS #4845459
Aug 9, 2017 Price changed $191,000 MLS #4845459
Jun 26, 2017 Price changed $196,000 MLS #4845459
Jun 24, 2017 Price changed $184,990 MLS #4845459
Jun 21, 2017 Listing removed $192,000 NorthstarMLS
Jun 21, 2017 Listed $196,000 MLS #4845459
May 31, 2017 Price changed $192,000 MLS #4825282
May 4, 2017 Listed $196,000 MLS #4825282

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $287,100 $45,900 $333,000 $4,800
2023 $154,000 $35,300 $189,300 $3,321
2022 $154,000 $35,300 $189,300 $3,154
2021 $154,000 $35,300 $189,300 $3,143
2020 $108,300 $27,500 $135,800 $3,191
2019 $108,300 $27,500 $135,800 $2,965
2018 $108,300 $27,500 $135,800 $2,984
2017 $108,300 $27,500 $135,800 $2,912
2016 $108,300 $27,500 $135,800 $2,780
2015 $108,300 $27,500 $135,800 $2,875
2014 $123,500 $29,300 $152,800 $2,831
2013 $123,500 $29,300 $152,800 $2,905
2012 $123,500 $29,300 $152,800 $2,886
2011 $123,500 $29,300 $152,800 $2,839
2010 $123,500 $29,300 $152,800 $2,761
2008 $123,500 $29,300 $152,800 $2,621
2007 $123,500 $29,300 $152,800 $2,683

Property facts

Year built
1885
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,872 sqft
Lot size
6,970 sqft
ZIP code
54022
City
River Falls
Street
Lake St
Coordinates
44.85599, -92.61832

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
$2,808
Gross rental yield
11.62%
Implied cap rate
7.55%
Trend-extrapolated value

Frequently asked questions

When did 616 Lake St last sell?
616 Lake St most recently sold on Mar 21, 2022 for $290,000.
What is the current tax assessment for 616 Lake St?
The most recent total assessment for 616 Lake St (year 2025) is $333,000 with $4,800 in property tax.
How does 616 Lake St's assessment compare to its last sale price?
The current assessment is 14.8% above the last sale price of $290,000.
When was 616 Lake St built?
616 Lake St was built in 1885.
How does 616 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 616 Lake St?
616 Lake St is a 3 bed, 2 bath, 1,872 sqft, 6,970 sqft lot single_family.
Is 616 Lake St a flip candidate?
No — 616 Lake St does not appear in our flips dataset.
Is 616 Lake St a tax-appeal candidate?
No — 616 Lake St 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
-1.0%
Implied 1-yr
-4.0%
2026 Q3
$390.8K
2026 Q4
$386.7K
ZIP 54022 — Median Price History + Forecast

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