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4628 Lake Sarah Dr

Independence, MN 55359

4 bd 3 ba 3,240 sqft Built 1930 Lot 14,375 sqft single_family
Most recent sale
$840,000
Nov 12, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 17, 2023 Sold $1,200,000 NorthstarMLS
Nov 12, 2021 Sold $840,000 MLS #6108276
Oct 8, 2021 Listed $749,999 MLS #6108276
Sep 27, 2014 Sold $570,000 MLS #4494587
Aug 1, 2014 Price changed $595,800 MLS #4494587
Jun 17, 2014 Listed $639,000 MLS #4494587

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $467,800 $414,000 $881,800 $11,202
2024 $474,500 $333,500 $808,000 $9,932
2023 $414,000 $334,000 $748,000 $9,643
2022 $325,000 $264,000 $589,000 $8,308
2021 $326,000 $180,000 $506,000 $7,028
2020 $326,000 $180,000 $506,000 $7,030
2019 $319,000 $170,000 $489,000 $7,136
2018 $308,000 $168,000 $476,000 $7,253
2017 $296,000 $168,000 $464,000 $6,972
2016 $285,000 $158,000 $443,000 $7,004
2015 $271,000 $158,000 $429,000 $5,340
2014 $403,120 $5,330
2013 $386,770 $5,661
2012 $262,000 $152,000 $414,000 $5,450
2011 $268,000 $152,000 $420,000 $5,282
2010 $272,000 $152,000 $424,000 $5,331
2009 $276,000 $163,000 $439,000 $5,931
2008 $287,000 $210,000 $497,000 $5,807
2007 $285,000 $204,000 $489,000 $6,150

Property facts

Year built
1930
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,240 sqft
Lot size
14,375 sqft
ZIP code
55359
City
Independence
Street
Lake Sarah Dr
Coordinates
45.06286, -93.68166

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,860
Gross rental yield
6.94%
Implied cap rate
4.51%
Trend-extrapolated value

Frequently asked questions

When did 4628 Lake Sarah Dr last sell?
4628 Lake Sarah Dr most recently sold on Nov 12, 2021 for $840,000.
What is the current tax assessment for 4628 Lake Sarah Dr?
The most recent total assessment for 4628 Lake Sarah Dr (year 2025) is $881,800 with $11,202 in property tax.
How does 4628 Lake Sarah Dr's assessment compare to its last sale price?
The current assessment is 5.0% above the last sale price of $840,000.
When was 4628 Lake Sarah Dr built?
4628 Lake Sarah Dr was built in 1930.
How does 4628 Lake Sarah Dr compare to others on Lake Sarah Dr?
We track 8 other properties on Lake Sarah Dr. Browse the list under "Other properties on Lake Sarah Dr" to compare beds, baths, and sale history.
What are the property facts for 4628 Lake Sarah Dr?
4628 Lake Sarah Dr is a 4 bed, 3 bath, 3,240 sqft, 14,375 sqft lot single_family.
Is 4628 Lake Sarah Dr a flip candidate?
No — 4628 Lake Sarah Dr does not appear in our flips dataset.
Is 4628 Lake Sarah Dr a tax-appeal candidate?
No — 4628 Lake Sarah 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
-5.2%
Implied 1-yr
-20.6%
2026 Q3
$503.3K
2026 Q4
$503.3K
ZIP 55359 — Median Price History + Forecast

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