3240 Lake Ridge Dr
Big Lake, MN 55309
3 bd 1 ba 1,513 sqft Built 1999 Lot 9,583 sqft single_family
Most recent sale
$311,500
Apr 11, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 11, 2024 | Sold | $311,500 | NorthstarMLS |
| Feb 1, 2024 | Listed | $315,000 | NorthstarMLS |
| Mar 17, 2023 | Sold | $299,000 | NorthstarMLS |
| Feb 1, 2023 | Listed | $299,000 | NorthstarMLS |
| Apr 17, 2018 | Sold | $184,900 | NorthstarMLS |
| Feb 20, 2018 | Listed | $184,900 | NorthstarMLS |
| Jan 31, 2003 | Sold | $151,000 | Public Record |
| Jun 23, 1999 | Sold | $108,400 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $184,353 | $67,430 | $251,783 | $3,188 |
| 2023 | $190,538 | $60,854 | $251,392 | $3,210 |
| 2022 | $152,695 | $41,145 | $193,840 | $2,890 |
| 2021 | $142,066 | $34,661 | $176,727 | $2,738 |
| 2020 | $133,806 | $30,386 | $164,192 | $2,644 |
| 2019 | $121,570 | $27,471 | $149,041 | $2,444 |
| 2018 | $104,397 | $24,261 | $128,658 | $2,216 |
| 2017 | $85,958 | $20,682 | $106,640 | $1,922 |
| 2016 | $86,500 | $21,900 | $108,400 | $1,940 |
| 2015 | $82,100 | $21,700 | $103,800 | $1,756 |
| 2014 | $68,200 | $20,600 | $88,800 | $1,582 |
| 2013 | $67,900 | $20,600 | $88,500 | $1,574 |
| 2012 | $73,900 | $22,100 | $96,000 | $1,624 |
| 2011 | $94,400 | $36,800 | $131,200 | $1,660 |
| 2009 | $114,400 | $49,600 | $164,000 | $1,856 |
| 2008 | $120,400 | $51,900 | $172,300 | $1,942 |
| 2007 | $119,600 | $44,400 | $164,000 | $1,828 |
Property facts
Year built
1999
Property type
single_family
Stories
—
Beds
3
Baths
1
Living area
1,513 sqft
Lot size
9,583 sqft
ZIP code
55309
City
Big Lake
Street
Lake Ridge Dr
Coordinates
45.35233, -93.76066
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,270
Gross rental yield
8.74%
Implied cap rate
5.68%
Trend-extrapolated value
—
Frequently asked questions
When did 3240 Lake Ridge Dr last sell?
3240 Lake Ridge Dr most recently sold on Apr 11, 2024 for $311,500.
What is the current tax assessment for 3240 Lake Ridge Dr?
The most recent total assessment for 3240 Lake Ridge Dr (year 2025) is $251,783 with $3,188 in property tax.
How does 3240 Lake Ridge Dr's assessment compare to its last sale price?
The current assessment is 19.2% below the last sale price of $311,500.
When was 3240 Lake Ridge Dr built?
3240 Lake Ridge Dr was built in 1999.
How does 3240 Lake Ridge Dr compare to others on Lake Ridge Dr?
We track 8 other properties on Lake Ridge Dr. Browse the list under "Other properties on Lake Ridge Dr" to compare beds, baths, and sale history.
What are the property facts for 3240 Lake Ridge Dr?
3240 Lake Ridge Dr is a 3 bed, 1 bath, 1,513 sqft, 9,583 sqft lot single_family.
Is 3240 Lake Ridge Dr a flip candidate?
No — 3240 Lake Ridge Dr does not appear in our flips dataset.
Is 3240 Lake Ridge Dr a tax-appeal candidate?
No — 3240 Lake Ridge Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.1%
Implied 1-yr
+4.5%
2026 Q3
$400.1K
2026 Q4
$404.3K
ZIP 55309 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Ridge Dr