18985 Lake Ave
Deephaven, MN 55391
5 bd 5 ba 4,099 sqft Built 2004 Lot 21,344 sqft single_family
Most recent sale
$1,475,000
May 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 21, 2025 | Listed | $1,725,000 | NorthstarMLS |
| May 27, 2022 | Sold | $1,475,000 | MLS #6166707 |
| Mar 21, 2022 | Listed | $1,475,000 | MLS #6166707 |
| Sep 16, 2015 | Sold | $675,000 | MLS #4624007 |
| Jul 17, 2015 | Listing removed | $749,000 | NorthstarMLS |
| Jul 16, 2015 | Listed | $699,000 | MLS #4624007 |
| Jul 2, 2015 | Price changed | $749,000 | MLS #4592318 |
| Jun 4, 2015 | Price changed | $769,000 | MLS #4592318 |
| May 2, 2015 | Listing removed | $789,000 | NorthstarMLS |
| May 1, 2015 | Price changed | $789,000 | MLS #4572762 |
| May 1, 2015 | Listed | $789,000 | MLS #4592318 |
| Apr 15, 2015 | Price changed | $825,000 | MLS #4572762 |
| Mar 16, 2015 | Listed | $850,000 | MLS #4572762 |
| Jun 13, 2011 | Sold | $751,000 | MLS #3851844 |
| Jun 8, 2010 | Sold | $751,000 | Public Record |
| May 5, 2010 | Price changed | $769,900 | MLS #3851844 |
| Jan 20, 2010 | Relisted | $799,900 | MLS #3851844 |
| Dec 9, 2009 | Listing removed | $849,900 | NorthstarMLS |
| Oct 30, 2009 | Listed | $849,900 | MLS #3851844 |
| Aug 1, 1976 | Sold | $31,800 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $790,500 | $409,500 | $1,200,000 | $14,690 |
| 2024 | $933,300 | $266,800 | $1,200,100 | $14,002 |
| 2023 | $708,000 | $239,000 | $947,000 | $10,903 |
| 2022 | $544,000 | $186,000 | $730,000 | $9,090 |
| 2021 | $527,000 | $179,000 | $706,000 | $8,762 |
| 2020 | $520,000 | $175,000 | $695,000 | $8,960 |
| 2019 | $502,000 | $175,000 | $677,000 | $8,652 |
| 2018 | $514,000 | $175,000 | $689,000 | $8,856 |
| 2017 | $514,000 | $175,000 | $689,000 | $8,954 |
| 2016 | $583,000 | $152,000 | $735,000 | $9,817 |
| 2015 | $530,000 | $138,000 | $668,000 | $8,894 |
| 2014 | $502,000 | $120,000 | $622,000 | $8,588 |
| 2013 | $502,000 | $115,000 | $617,000 | $8,265 |
| 2012 | $489,000 | $128,000 | $617,000 | $7,869 |
| 2011 | $440,000 | $128,000 | $568,000 | $6,846 |
| 2010 | $444,000 | $142,000 | $586,000 | $6,443 |
| 2009 | $430,000 | $156,000 | $586,000 | $6,188 |
| 2008 | $430,000 | $175,000 | $605,000 | $6,349 |
| 2007 | $427,000 | $152,000 | $579,000 | $6,329 |
Property facts
Year built
2004
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
4,099 sqft
Lot size
21,344 sqft
ZIP code
55391
City
Deephaven
Street
Lake Ave
Coordinates
44.93465, -93.52151
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,149
Gross rental yield
5.00%
Implied cap rate
3.25%
Trend-extrapolated value
—
Frequently asked questions
When did 18985 Lake Ave last sell?
18985 Lake Ave most recently sold on May 27, 2022 for $1,475,000.
What is the current tax assessment for 18985 Lake Ave?
The most recent total assessment for 18985 Lake Ave (year 2025) is $1,200,000 with $14,690 in property tax.
How does 18985 Lake Ave's assessment compare to its last sale price?
The current assessment is 18.6% below the last sale price of $1,475,000.
When was 18985 Lake Ave built?
18985 Lake Ave was built in 2004.
How does 18985 Lake Ave compare to others on Lake Ave?
We track 6 other properties on Lake Ave. Browse the list under "Other properties on Lake Ave" to compare beds, baths, and sale history.
What are the property facts for 18985 Lake Ave?
18985 Lake Ave is a 5 bed, 5 bath, 4,099 sqft, 21,344 sqft lot single_family.
Is 18985 Lake Ave a flip candidate?
No — 18985 Lake Ave does not appear in our flips dataset.
Is 18985 Lake Ave a tax-appeal candidate?
No — 18985 Lake Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.7%
Implied 1-yr
+26.8%
2026 Q3
$2.76M
2026 Q4
$2.89M
ZIP 55391 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Ave