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21278 Independence Ave

Lakeville, MN 55044

3 bd 3 ba 2,536 sqft Built 2004 Lot 7,492 sqft single_family
Most recent sale
$460,000
Oct 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 4, 2022 Sold $460,000 MLS #6250364
Aug 18, 2022 Listed $460,000 MLS #6250364
May 26, 2018 Sold $328,500 MLS #4934372
Apr 26, 2018 Relisted $325,000 MLS #4934372
Apr 10, 2018 Listing removed $325,000 NorthstarMLS
Apr 6, 2018 Listed $325,000 MLS #4934372
Oct 19, 2015 Sold $299,900 MLS #4642899
Sep 8, 2015 Listed $299,900 MLS #4642899
Jul 9, 2014 Listing removed $289,900 NorthstarMLS
Apr 24, 2014 Listed $289,900 MLS #4471589
Sep 28, 2004 Sold $76,900 Public Record
Mar 5, 2004 Sold $987,360 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $337,423 $92,248 $429,671 $4,760
2023 $330,900 $89,300 $420,200 $4,528
2022 $286,516 $76,819 $363,335 $4,290
2021 $264,431 $72,635 $337,066 $4,130
2020 $264,431 $72,635 $337,066 $4,158
2019 $251,972 $68,853 $320,825 $3,817
2018 $238,881 $65,158 $304,039 $3,566
2017 $216,671 $61,426 $278,097 $3,435
2016 $206,168 $58,086 $264,254 $3,516
2015 $200,676 $56,166 $256,842 $3,151
2014 $185,575 $54,154 $239,729 $2,927
2013 $160,539 $48,670 $209,209 $2,938
2012 $167,920 $47,393 $215,313 $3,053
2011 $184,938 $50,540 $235,478 $3,037
2009 $237,400 $66,100 $303,500 $3,231
2008 $237,400 $66,100 $303,500 $3,303
2007 $201,200 $66,100 $267,300 $2,644

Property facts

Year built
2004
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,536 sqft
Lot size
7,492 sqft
ZIP code
55044
City
Lakeville
Street
Independence Ave
Coordinates
44.64134, -93.25719

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
$3,804
Gross rental yield
9.92%
Implied cap rate
6.45%
Trend-extrapolated value

Frequently asked questions

When did 21278 Independence Ave last sell?
21278 Independence Ave most recently sold on Oct 4, 2022 for $460,000.
What is the current tax assessment for 21278 Independence Ave?
The most recent total assessment for 21278 Independence Ave (year 2025) is $429,671 with $4,760 in property tax.
How does 21278 Independence Ave's assessment compare to its last sale price?
The current assessment is 6.6% below the last sale price of $460,000.
When was 21278 Independence Ave built?
21278 Independence Ave was built in 2004.
How does 21278 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 21278 Independence Ave?
21278 Independence Ave is a 3 bed, 3 bath, 2,536 sqft, 7,492 sqft lot single_family.
Is 21278 Independence Ave a flip candidate?
No — 21278 Independence Ave does not appear in our flips dataset.
Is 21278 Independence Ave a tax-appeal candidate?
No — 21278 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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