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308 Iowa St

Lake City, MN 55041

4 bd 3 ba 3,717 sqft Built 2003 Lot 8,276 sqft townhomes
Most recent sale
$419,000
Apr 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 10, 2025 Sold $470,000 NorthstarMLS
Aug 6, 2025 Price changed $475,000 NorthstarMLS
Jul 4, 2025 Price changed $485,000 NorthstarMLS
Jun 18, 2025 Listed $499,000 NorthstarMLS
Apr 27, 2022 Sold $419,000 MLS #6155074
Feb 25, 2022 Listed $415,000 MLS #6155074
Aug 31, 2015 Sold $250,000 MLS #4053495
May 11, 2015 Relisted $299,900 MLS #4053495
May 9, 2015 Listing removed $299,900 Southeastminnesota
Jan 1, 2015 Sold $250,000 Public Record
Dec 15, 2014 Price changed $299,900 MLS #4053495
Nov 10, 2014 Price changed $350,000 MLS #4053495
May 9, 2014 Listed $375,000 MLS #4053495
Mar 16, 2012 Listing removed $395,000 NorthstarMLS
Oct 10, 2008 Listed $399,900 MLS #3608858

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $422,600 $5,612
2023 $360,500 $4,920
2022 $287,300 $4,452
2021 $259,300 $4,068
2020 $260,900 $4,106
2019 $248,100 $4,022
2018 $231,198 $18,302 $249,500 $4,100
2017 $232,678 $18,322 $251,000 $4,024
2016 $205,865 $18,035 $223,900 $3,710
2015 $207,150 $18,050 $225,200 $3,648
2014 $209,623 $18,077 $227,700 $3,528
2013 $210,909 $18,091 $229,000 $3,496
2012 $238,600 $24,800 $263,400 $3,792
2011 $241,300 $24,800 $266,100 $3,678
2010 $241,300 $24,800 $266,100 $3,570

Property facts

Year built
2003
Property type
townhomes
Stories
1
Beds
4
Baths
3
Living area
3,717 sqft
Lot size
8,276 sqft
ZIP code
55041
City
Lake City
Street
Iowa St
Coordinates
44.44004, -92.25881

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,514
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 308 Iowa St last sell?
308 Iowa St most recently sold on Apr 27, 2022 for $419,000.
What is the current tax assessment for 308 Iowa St?
The most recent total assessment for 308 Iowa St (year 2025) is $422,600 with $5,612 in property tax.
How does 308 Iowa St's assessment compare to its last sale price?
The current assessment is 0.9% above the last sale price of $419,000.
When was 308 Iowa St built?
308 Iowa St was built in 2003.
How does 308 Iowa St compare to others on Iowa St?
We track 8 other properties on Iowa St. Browse the list under "Other properties on Iowa St" to compare beds, baths, and sale history.
What are the property facts for 308 Iowa St?
308 Iowa St is a 4 bed, 3 bath, 3,717 sqft, 8,276 sqft lot townhomes.
Is 308 Iowa St a flip candidate?
No — 308 Iowa St does not appear in our flips dataset.
Is 308 Iowa St a tax-appeal candidate?
No — 308 Iowa St 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
+8.5%
Implied 1-yr
+34.1%
2026 Q3
$595.5K
2026 Q4
$628.1K
ZIP 55041 — Median Price History + Forecast

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