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20867 Independence Ave

Lakeville, MN 55044

4 bd 3 ba 3,000 sqft Built 2001 Lot 15,899 sqft single_family
Most recent sale
$460,000
Mar 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 25, 2022 Sold $460,000 MLS #6122132
Feb 15, 2022 Price changed $460,000 MLS #6122132
Feb 10, 2022 Listed $369,900 MLS #6122132

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $324,988 $112,204 $437,192 $4,842
2023 $303,102 $88,791 $391,893 $4,228
2022 $261,537 $76,183 $337,720 $3,994
2021 $246,204 $72,114 $318,318 $3,906
2020 $246,204 $72,114 $318,318 $3,964
2019 $237,059 $68,397 $305,456 $3,816
2018 $238,872 $65,058 $303,930 $3,405
2017 $204,255 $60,980 $265,235 $3,312
2016 $196,834 $57,719 $254,553 $3,318
2015 $186,178 $55,731 $241,909 $3,131
2014 $184,096 $54,107 $238,203 $3,012
2013 $166,737 $48,794 $215,531 $2,777
2012 $156,326 $46,888 $203,214 $2,839
2011 $168,664 $49,919 $218,583 $2,828
2009 $223,700 $66,000 $289,700 $3,067
2008 $223,700 $66,000 $289,700 $3,198
2007 $239,800 $66,000 $305,800 $3,078

Property facts

Year built
2001
Property type
single_family
Stories
4
Beds
4
Baths
3
Living area
3,000 sqft
Lot size
15,899 sqft
ZIP code
55044
City
Lakeville
Street
Independence Ave
Coordinates
44.64797, -93.25790

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
$4,500
Gross rental yield
11.74%
Implied cap rate
7.63%
Trend-extrapolated value

Frequently asked questions

When did 20867 Independence Ave last sell?
20867 Independence Ave most recently sold on Mar 25, 2022 for $460,000.
What is the current tax assessment for 20867 Independence Ave?
The most recent total assessment for 20867 Independence Ave (year 2025) is $437,192 with $4,842 in property tax.
How does 20867 Independence Ave's assessment compare to its last sale price?
The current assessment is 5.0% below the last sale price of $460,000.
When was 20867 Independence Ave built?
20867 Independence Ave was built in 2001.
How does 20867 Independence Ave compare to others on Independence Ave?
We track 8 other properties on Independence Ave. Browse the list under "Other properties on Independence Ave" to compare beds, baths, and sale history.
What are the property facts for 20867 Independence Ave?
20867 Independence Ave is a 4 bed, 3 bath, 3,000 sqft, 15,899 sqft lot single_family.
Is 20867 Independence Ave a flip candidate?
No — 20867 Independence Ave does not appear in our flips dataset.
Is 20867 Independence Ave a tax-appeal candidate?
No — 20867 Independence 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
-0.6%
Implied 1-yr
-2.5%
2026 Q3
$506.9K
2026 Q4
$503.6K
ZIP 55044 — Median Price History + Forecast

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