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2540 Itasca Ave

Lakeland, MN 55043

4 bd 6 ba 4,661 sqft Built 2000 Lot 130,650 sqft single_family
Most recent sale
$600,000
Jun 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 6, 2024 Sold $600,000 Public Record
Aug 31, 2022 Sold $600,000 Public Record
Jun 14, 2022 Sold $600,000 MLS #6172612
Apr 13, 2022 Listed $525,000 MLS #6172612
Feb 1, 2000 Sold $55,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $362,800 $231,200 $594,000 $5,278
2024 $343,600 $272,200 $615,800 $5,124
2023 $324,800 $227,500 $552,300 $4,478
2022 $271,400 $188,000 $459,400 $4,318
2021 $274,500 $176,000 $450,500 $4,162
2020 $279,600 $175,200 $454,800 $4,186
2019 $264,000 $168,000 $432,000 $4,244
2018 $295,600 $168,000 $463,600 $4,472
2017 $262,100 $147,000 $409,100 $4,086
2016 $253,400 $146,700 $400,100 $4,052
2015 $251,300 $134,200 $385,500 $3,898
2014 $251,100 $117,800 $368,900 $4,148
2013 $251,500 $123,900 $375,400 $3,954
2012 $251,500 $123,900 $375,400 $3,946
2011 $251,900 $139,200 $391,100 $3,864
2010 $238,600 $178,200 $416,800 $3,644
2009 $469,900 $3,740
2007 $500,800 $3,958
2006 $444,300 $3,808

Property facts

Year built
2000
Property type
single_family
Stories
1
Beds
4
Baths
6
Living area
4,661 sqft
Lot size
130,650 sqft
ZIP code
55043
City
Lakeland
Street
Itasca Ave
Coordinates
44.91232, -92.77349

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,992
Gross rental yield
13.98%
Implied cap rate
9.09%
Trend-extrapolated value

Frequently asked questions

When did 2540 Itasca Ave last sell?
2540 Itasca Ave most recently sold on Jun 14, 2022 for $600,000.
What is the current tax assessment for 2540 Itasca Ave?
The most recent total assessment for 2540 Itasca Ave (year 2025) is $594,000 with $5,278 in property tax.
How does 2540 Itasca Ave's assessment compare to its last sale price?
The current assessment is 1.0% below the last sale price of $600,000.
When was 2540 Itasca Ave built?
2540 Itasca Ave was built in 2000.
How does 2540 Itasca Ave compare to others on Itasca Ave?
We track 5 other properties on Itasca Ave. Browse the list under "Other properties on Itasca Ave" to compare beds, baths, and sale history.
What are the property facts for 2540 Itasca Ave?
2540 Itasca Ave is a 4 bed, 6 bath, 4,661 sqft, 130,650 sqft lot single_family.
Is 2540 Itasca Ave a flip candidate?
No — 2540 Itasca Ave does not appear in our flips dataset.
Is 2540 Itasca Ave a tax-appeal candidate?
No — 2540 Itasca Ave 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
+6.5%
Implied 1-yr
+25.9%
2026 Q1
$806.3K
2026 Q2
$806.3K
ZIP 55043 — Median Price History + Forecast

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