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18225 Justice Way

Lakeville, MN 55044

3 bd 3 ba 3,253 sqft Built 2006 Lot 5,401 sqft townhomes
Most recent sale
$637,000
Mar 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 10, 2022 Listed for rent $2,995 RentFeeder
Mar 30, 2022 Sold $637,000 MLS #6145209
Feb 19, 2022 Price changed $659,000 MLS #6145209
Jan 27, 2022 Listed $670,000 MLS #6145209
Nov 1, 2018 Sold $590,000 MLS #4981676
Aug 24, 2018 Listed $599,900 MLS #4981676
Mar 1, 2015 Listing removed $2,650 NorthstarMLS
Nov 12, 2014 Price changed for rent $2,650 NorthstarMLS
Sep 30, 2014 Listed for rent $2,795 NorthstarMLS
Sep 1, 2014 Listing removed $479,000 NorthstarMLS
Jul 1, 2014 Listing removed $499,900 NorthstarMLS
Jul 1, 2014 Listed $479,000 MLS #4500093
Feb 28, 2014 Listed $499,900 MLS #4451209
Jan 16, 2014 Listing removed $525,000 NorthstarMLS
Oct 9, 2013 Listing removed $525,000 Arrowhead
Jul 15, 2013 Listing removed $529,900 NorthstarMLS
Jul 15, 2013 Listed $525,000 MLS #1188499
May 24, 2013 Price changed $529,900 MLS #4329169
Jan 16, 2013 Listed $539,900 MLS #4329169
Jun 20, 2012 Listing removed $549,900 NorthstarMLS
Apr 5, 2012 Listed $549,900 MLS #4138472
Jul 11, 2008 Sold $488,600 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $502,300 $155,900 $658,200 $7,586
2023 $492,100 $187,000 $679,100 $7,660
2022 $451,200 $162,600 $613,800 $7,470
2021 $435,500 $154,900 $590,400 $7,396
2020 $435,000 $147,500 $582,500 $7,682
2019 $410,700 $136,600 $547,300 $6,920
2018 $398,300 $126,400 $524,700 $6,710
2017 $393,500 $120,400 $513,900 $6,630
2016 $374,300 $115,700 $490,000 $6,618
2015 $363,300 $111,700 $475,000 $6,150
2014 $375,200 $98,500 $473,700 $6,500
2013 $319,800 $96,500 $416,300 $5,593
2012 $323,000 $101,500 $424,500 $5,427
2011 $361,300 $106,900 $468,200 $5,841
2009 $401,700 $125,000 $526,700 $5,809
2008 $405,600 $100,000 $505,600 $5,429
2007 $29,700 $29,700 $369

Property facts

Year built
2006
Property type
townhomes
Stories
1
Beds
3
Baths
3
Living area
3,253 sqft
Lot size
5,401 sqft
ZIP code
55044
City
Lakeville
Street
Justice Way
Coordinates
44.68522, -93.31769

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
$4,880
Gross rental yield
9.19%
Implied cap rate
5.98%
Trend-extrapolated value

Frequently asked questions

When did 18225 Justice Way last sell?
18225 Justice Way most recently sold on Mar 30, 2022 for $637,000.
What is the current tax assessment for 18225 Justice Way?
The most recent total assessment for 18225 Justice Way (year 2025) is $658,200 with $7,586 in property tax.
How does 18225 Justice Way's assessment compare to its last sale price?
The current assessment is 3.3% above the last sale price of $637,000.
When was 18225 Justice Way built?
18225 Justice Way was built in 2006.
How does 18225 Justice Way compare to others on Justice Way?
We track 8 other properties on Justice Way. Browse the list under "Other properties on Justice Way" to compare beds, baths, and sale history.
What are the property facts for 18225 Justice Way?
18225 Justice Way is a 3 bed, 3 bath, 3,253 sqft, 5,401 sqft lot townhomes.
Is 18225 Justice Way a flip candidate?
No — 18225 Justice Way does not appear in our flips dataset.
Is 18225 Justice Way a tax-appeal candidate?
No — 18225 Justice Way 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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