20048 Italy Ave
Lakeville, MN 55044
4 bd 3 ba 2,106 sqft Built 2005 Lot 7,710 sqft single_family
Most recent sale
$435,000
May 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 26, 2022 | Sold | $435,000 | MLS #6175568 |
| Apr 12, 2022 | Listed | $384,900 | MLS #6175568 |
| Jun 25, 2018 | Sold | $245,000 | Public Record |
| Sep 21, 2015 | Listing removed | $239,900 | NorthstarMLS |
| Aug 26, 2015 | Price changed | $239,900 | MLS #4622323 |
| Aug 16, 2015 | Price changed | $249,900 | MLS #4622323 |
| Jul 30, 2015 | Price changed | $255,000 | MLS #4622323 |
| Jul 11, 2015 | Listed | $269,000 | MLS #4622323 |
| Aug 5, 2012 | Listing removed | $249,000 | NorthstarMLS |
| Apr 22, 2012 | Price changed | $249,000 | MLS #4076799 |
| Jan 28, 2012 | Price changed | $259,000 | MLS #4076799 |
| Aug 11, 2011 | Listed | $269,000 | MLS #4076799 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $286,175 | $97,498 | $383,673 | $4,262 |
| 2023 | $289,220 | $105,071 | $394,291 | $4,252 |
| 2022 | $222,596 | $89,291 | $311,887 | $3,694 |
| 2021 | $200,919 | $84,263 | $285,182 | $3,510 |
| 2020 | $211,195 | $80,418 | $291,613 | $3,788 |
| 2019 | $190,061 | $75,719 | $265,780 | $3,348 |
| 2018 | $197,100 | $75,400 | $272,500 | $3,464 |
| 2017 | $189,200 | $71,800 | $261,000 | $3,361 |
| 2016 | $178,400 | $69,700 | $248,100 | $3,362 |
| 2015 | $169,254 | $63,717 | $232,971 | $3,064 |
| 2014 | $152,793 | $57,506 | $210,299 | $2,941 |
| 2013 | $159,685 | $55,955 | $215,640 | $2,942 |
| 2012 | $172,233 | $59,539 | $231,772 | $3,006 |
| 2011 | $182,800 | $66,700 | $249,500 | $2,978 |
| 2009 | $220,100 | $78,000 | $298,100 | $3,167 |
| 2008 | $233,500 | $78,000 | $311,500 | $3,264 |
| 2007 | $160,300 | $78,000 | $238,300 | $2,317 |
Property facts
Year built
2005
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,106 sqft
Lot size
7,710 sqft
ZIP code
55044
City
Lakeville
Street
Italy Ave
Coordinates
44.65895, -93.26360
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,159
Gross rental yield
8.71%
Implied cap rate
5.66%
Trend-extrapolated value
—
Frequently asked questions
When did 20048 Italy Ave last sell?
20048 Italy Ave most recently sold on May 26, 2022 for $435,000.
What is the current tax assessment for 20048 Italy Ave?
The most recent total assessment for 20048 Italy Ave (year 2025) is $383,673 with $4,262 in property tax.
How does 20048 Italy Ave's assessment compare to its last sale price?
The current assessment is 11.8% below the last sale price of $435,000.
When was 20048 Italy Ave built?
20048 Italy Ave was built in 2005.
How does 20048 Italy Ave compare to others on Italy Ave?
We track 8 other properties on Italy Ave. Browse the list under "Other properties on Italy Ave" to compare beds, baths, and sale history.
What are the property facts for 20048 Italy Ave?
20048 Italy Ave is a 4 bed, 3 bath, 2,106 sqft, 7,710 sqft lot single_family.
Is 20048 Italy Ave a flip candidate?
No — 20048 Italy Ave does not appear in our flips dataset.
Is 20048 Italy Ave a tax-appeal candidate?
No — 20048 Italy Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.6%
Implied 1-yr
-2.5%
2026 Q3
$506.9K
2026 Q4
$503.6K
ZIP 55044 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Italy Ave