22340 Lilac Way
Forest Lake, MN 55025
3 bd 3 ba 1,622 sqft Built 2022 Lot 2,570 sqft townhomes
Most recent sale
$334,900
Aug 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 5, 2022 | Sold | $334,900 | MLS #6125175 |
| Nov 10, 2021 | Listed | $334,900 | MLS #6125175 |
| Jan 9, 2018 | Sold | $495,000 | Public Record |
| Dec 30, 2013 | Sold | $125,000 | Public Record |
| Jan 6, 2005 | Sold | $51,493 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $226,900 | $61,000 | $287,900 | $3,086 |
| 2024 | $235,500 | $58,000 | $293,500 | $2,942 |
| 2023 | $27,300 | $33,600 | $60,900 | $644 |
| 2022 | — | $40,000 | $40,000 | $554 |
| 2021 | — | $40,000 | $40,000 | $562 |
| 2020 | — | $40,000 | $40,000 | $290 |
| 2019 | — | $17,000 | $17,000 | $296 |
| 2018 | — | $17,000 | $17,000 | $272 |
| 2017 | — | $15,800 | $15,800 | $248 |
| 2016 | — | $15,800 | $15,800 | $236 |
| 2015 | — | $15,800 | $15,800 | $214 |
| 2014 | — | $15,000 | $15,000 | $232 |
| 2013 | — | $15,100 | $15,100 | $190 |
| 2012 | — | $12,300 | $12,300 | $218 |
| 2011 | — | $15,000 | $15,000 | $246 |
| 2010 | — | $19,300 | $19,300 | $578 |
| 2009 | — | — | $52,300 | $566 |
| 2007 | — | — | $38,900 | $408 |
| 2006 | — | — | $23,300 | $250 |
Property facts
Year built
2022
Property type
townhomes
Stories
1
Beds
3
Baths
3
Living area
1,622 sqft
Lot size
2,570 sqft
ZIP code
55025
City
Forest Lake
Street
Lilac Way
Coordinates
45.27334, -93.01407
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,433
Gross rental yield
8.72%
Implied cap rate
5.67%
Trend-extrapolated value
—
Frequently asked questions
When did 22340 Lilac Way last sell?
22340 Lilac Way most recently sold on Aug 5, 2022 for $334,900.
What is the current tax assessment for 22340 Lilac Way?
The most recent total assessment for 22340 Lilac Way (year 2025) is $287,900 with $3,086 in property tax.
How does 22340 Lilac Way's assessment compare to its last sale price?
The current assessment is 14.0% below the last sale price of $334,900.
When was 22340 Lilac Way built?
22340 Lilac Way was built in 2022.
How does 22340 Lilac Way compare to others on Lilac Way?
We track 8 other properties on Lilac Way. Browse the list under "Other properties on Lilac Way" to compare beds, baths, and sale history.
What are the property facts for 22340 Lilac Way?
22340 Lilac Way is a 3 bed, 3 bath, 1,622 sqft, 2,570 sqft lot townhomes.
Is 22340 Lilac Way a flip candidate?
No — 22340 Lilac Way does not appear in our flips dataset.
Is 22340 Lilac Way a tax-appeal candidate?
No — 22340 Lilac Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.2%
Implied 1-yr
-8.6%
2026 Q3
$405K
2026 Q4
$394.9K
ZIP 55025 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lilac Way