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11518 Lakewood Dr

Albertville, MN 55301

5 bd 4 ba 3,631 sqft Built 2018 Lot 16,771 sqft single_family
Most recent sale
$640,000
Apr 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 11, 2022 Sold $640,000 MLS #6140159
Mar 3, 2022 Relisted $639,900 MLS #6140159
Feb 23, 2022 Price changed $639,900 MLS #6140159
Jan 21, 2022 Listed $660,000 MLS #6140159
Nov 18, 2020 Sold $510,000 Public Record
Oct 9, 2020 Sold $510,000 MLS #5623968
Jul 15, 2020 Listing removed $558,500 NorthstarMLS
Jul 15, 2020 Listed $519,900 MLS #5623968
Jan 6, 2020 Price changed $558,500 MLS #5349119
Dec 18, 2019 Listed $545,000 MLS #5349119
Oct 11, 2019 Listing removed $545,000 NorthstarMLS
Mar 1, 2019 Listed $545,000 MLS #5150018

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $482,900 $100,000 $582,900 $7,736
2024 $482,900 $100,000 $582,900 $7,964
2022 $342,400 $80,000 $422,400 $6,322
2021 $338,900 $80,000 $418,900 $6,402
2020 $338,900 $80,000 $418,900 $4,238
2019 $222,000 $50,000 $272,000 $208
2018 $50,000 $50,000 $96

Property facts

Year built
2018
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,631 sqft
Lot size
16,771 sqft
ZIP code
55301
City
Albertville
Street
Lakewood Dr
Coordinates
45.25210, -93.65411

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
$5,447
Gross rental yield
10.21%
Implied cap rate
6.64%
Trend-extrapolated value

Frequently asked questions

When did 11518 Lakewood Dr last sell?
11518 Lakewood Dr most recently sold on Apr 11, 2022 for $640,000.
What is the current tax assessment for 11518 Lakewood Dr?
The most recent total assessment for 11518 Lakewood Dr (year 2025) is $582,900 with $7,736 in property tax.
How does 11518 Lakewood Dr's assessment compare to its last sale price?
The current assessment is 8.9% below the last sale price of $640,000.
When was 11518 Lakewood Dr built?
11518 Lakewood Dr was built in 2018.
How does 11518 Lakewood Dr compare to others on Lakewood Dr?
We track 8 other properties on Lakewood Dr. Browse the list under "Other properties on Lakewood Dr" to compare beds, baths, and sale history.
What are the property facts for 11518 Lakewood Dr?
11518 Lakewood Dr is a 5 bed, 4 bath, 3,631 sqft, 16,771 sqft lot single_family.
Is 11518 Lakewood Dr a flip candidate?
Yes — 11518 Lakewood Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 11518 Lakewood Dr a tax-appeal candidate?
No — 11518 Lakewood Dr 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
-1.1%
Implied 1-yr
-4.6%
2026 Q3
$371.3K
2026 Q4
$371.3K
ZIP 55301 — Median Price History + Forecast

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