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18232 Justice Way

Lakeville, MN 55044

3 bd 3 ba 3,105 sqft Built 2011 Lot 5,227 sqft single_family
Most recent sale
$775,000
Oct 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 14, 2022 Sold $775,000 MLS #6252473
Aug 29, 2022 Listed $779,500 MLS #6252473
Mar 6, 2012 Sold $563,578 Public Record
Oct 25, 2011 Sold $170,000 Public Record
Jun 29, 2011 Listed $470,500 MLS #4063284

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $537,400 $155,900 $693,300 $8,046
2023 $513,700 $187,000 $700,700 $7,936
2022 $474,600 $162,600 $637,200 $7,798
2021 $450,400 $154,900 $605,300 $7,612
2020 $450,400 $154,900 $605,300 $8,372
2019 $450,500 $177,100 $627,600 $7,579
2018 $427,700 $163,900 $591,600 $7,473
2017 $423,300 $151,700 $575,000 $7,295
2016 $412,400 $144,600 $557,000 $7,472
2015 $405,500 $138,900 $544,400 $6,778
2014 $385,400 $134,100 $519,500 $6,997
2013 $390,100 $118,200 $508,300 $2,686
2012 $91,045 $106,174 $197,219 $1,673
2011 $9,000 $121,900 $130,900 $1,644
2009 $135,000 $135,000 $1,779
2008 $135,000 $135,000 $780
2007 $29,700 $29,700 $369

Property facts

Year built
2011
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
3,105 sqft
Lot size
5,227 sqft
ZIP code
55044
City
Lakeville
Street
Justice Way
Coordinates
44.68562, -93.31685

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
$4,658
Gross rental yield
7.21%
Implied cap rate
4.69%
Trend-extrapolated value

Frequently asked questions

When did 18232 Justice Way last sell?
18232 Justice Way most recently sold on Oct 14, 2022 for $775,000.
What is the current tax assessment for 18232 Justice Way?
The most recent total assessment for 18232 Justice Way (year 2025) is $693,300 with $8,046 in property tax.
How does 18232 Justice Way's assessment compare to its last sale price?
The current assessment is 10.5% below the last sale price of $775,000.
When was 18232 Justice Way built?
18232 Justice Way was built in 2011.
How does 18232 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 18232 Justice Way?
18232 Justice Way is a 3 bed, 3 bath, 3,105 sqft, 5,227 sqft lot single_family.
Is 18232 Justice Way a flip candidate?
No — 18232 Justice Way does not appear in our flips dataset.
Is 18232 Justice Way a tax-appeal candidate?
No — 18232 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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