1418 Preston Ln
Hopkins, MN 55343
3 bd 3 ba 3,050 sqft Built 1952 Lot 12,632 sqft single_family
Most recent sale
$600,000
Apr 5, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 5, 2024 | Sold | $600,000 | NorthstarMLS |
| Mar 11, 2024 | Listing removed | — | NorthstarMLS |
| Mar 10, 2024 | Listed | $599,900 | NorthstarMLS |
| Jan 12, 2024 | Listing removed | — | NorthstarMLS |
| Jan 12, 2024 | Listed | $599,900 | NorthstarMLS |
| Nov 13, 2023 | Price changed | $624,900 | NorthstarMLS |
| Oct 4, 2023 | Listed | $649,900 | NorthstarMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $366,700 | $258,000 | $624,700 | $9,678 |
| 2024 | $371,100 | $235,000 | $606,100 | $9,119 |
| 2023 | $358,000 | $223,000 | $581,000 | $8,724 |
| 2022 | $302,000 | $187,000 | $489,000 | $7,599 |
| 2021 | $293,000 | $170,000 | $463,000 | $7,220 |
| 2020 | $292,000 | $205,000 | $497,000 | $8,196 |
| 2019 | $279,000 | $181,000 | $460,000 | $7,608 |
| 2018 | — | — | $410,750 | $6,794 |
| 2017 | — | — | $380,230 | $6,212 |
| 2016 | — | — | $357,340 | $6,062 |
| 2015 | — | — | $374,780 | $6,328 |
| 2014 | — | — | $298,480 | $5,352 |
| 2013 | — | — | $309,380 | $5,307 |
| 2012 | — | — | $340,990 | $5,617 |
| 2011 | $211,000 | $138,000 | $349,000 | $5,327 |
| 2010 | $232,000 | $138,000 | $370,000 | $5,091 |
| 2009 | $253,000 | $135,000 | $388,000 | $5,050 |
| 2008 | $239,000 | $138,000 | $377,000 | $4,774 |
| 2007 | $238,000 | $138,000 | $376,000 | $4,783 |
Property facts
Year built
1952
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
3,050 sqft
Lot size
12,632 sqft
ZIP code
55343
City
Hopkins
Street
Preston Ln
Coordinates
44.92495, -93.38242
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,575
Gross rental yield
9.15%
Implied cap rate
5.95%
Trend-extrapolated value
—
Frequently asked questions
When did 1418 Preston Ln last sell?
1418 Preston Ln most recently sold on Apr 5, 2024 for $600,000.
What is the current tax assessment for 1418 Preston Ln?
The most recent total assessment for 1418 Preston Ln (year 2025) is $624,700 with $9,678 in property tax.
How does 1418 Preston Ln's assessment compare to its last sale price?
The current assessment is 4.1% above the last sale price of $600,000.
When was 1418 Preston Ln built?
1418 Preston Ln was built in 1952.
How does 1418 Preston Ln compare to others on Preston Ln?
We track 3 other properties on Preston Ln. Browse the list under "Other properties on Preston Ln" to compare beds, baths, and sale history.
What are the property facts for 1418 Preston Ln?
1418 Preston Ln is a 3 bed, 3 bath, 3,050 sqft, 12,632 sqft lot single_family.
Is 1418 Preston Ln a flip candidate?
No — 1418 Preston Ln does not appear in our flips dataset.
Is 1418 Preston Ln a tax-appeal candidate?
No — 1418 Preston Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.4%
Implied 1-yr
+9.5%
2026 Q3
$418K
2026 Q4
$426.6K
ZIP 55343 — Median Price History + Forecast
Explore nearby
Geography
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