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18416 Lafayette Way

Lakeville, MN 55044

3 bd 3 ba 1,809 sqft Built 2007 townhomes
Most recent sale
$335,000
May 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 16, 2022 Sold $335,000 MLS #6165917
Mar 22, 2022 Listed $299,000 MLS #6165917
May 15, 2020 Sold $260,000 MLS #5482975
Apr 4, 2020 Price changed $260,000 MLS #5482975
Feb 15, 2020 Listed $265,000 MLS #5482975
Dec 9, 2019 Sold $240,100 Public Record
Sep 16, 2015 Sold $188,000 MLS #4558392
Apr 20, 2015 Sold $188,000 Public Record
Feb 1, 2015 Listed $189,900 MLS #4558392
Aug 7, 2007 Sold $216,300 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $230,449 $61,773 $292,222 $3,670
2023 $222,854 $62,873 $285,727 $3,106
2022 $186,659 $53,506 $240,165 $2,866
2021 $166,185 $50,218 $216,403 $2,686
2020 $159,873 $47,592 $207,465 $2,726
2019 $140,355 $43,130 $183,485 $2,340
2018 $136,501 $39,681 $176,182 $2,292
2017 $122,390 $37,115 $159,505 $2,107
2016 $119,008 $35,483 $154,491 $2,153
2015 $136,400 $39,000 $175,400 $2,279
2014 $113,600 $34,400 $148,000 $2,038
2013 $113,200 $33,600 $146,800 $1,979
2012 $124,900 $35,400 $160,300 $2,057
2011 $132,000 $37,300 $169,300 $2,121
2009 $156,100 $43,600 $199,700 $1,998
2008 $7,500 $43,600 $51,100 $346

Property facts

Year built
2007
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,809 sqft
Lot size
ZIP code
55044
City
Lakeville
Street
Lafayette Way
Coordinates
44.68200, -93.30208

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
$2,714
Gross rental yield
9.72%
Implied cap rate
6.32%
Trend-extrapolated value

Frequently asked questions

When did 18416 Lafayette Way last sell?
18416 Lafayette Way most recently sold on May 16, 2022 for $335,000.
What is the current tax assessment for 18416 Lafayette Way?
The most recent total assessment for 18416 Lafayette Way (year 2025) is $292,222 with $3,670 in property tax.
How does 18416 Lafayette Way's assessment compare to its last sale price?
The current assessment is 12.8% below the last sale price of $335,000.
When was 18416 Lafayette Way built?
18416 Lafayette Way was built in 2007.
How does 18416 Lafayette Way compare to others on Lafayette Way?
We track 8 other properties on Lafayette Way. Browse the list under "Other properties on Lafayette Way" to compare beds, baths, and sale history.
What are the property facts for 18416 Lafayette Way?
18416 Lafayette Way is a 3 bed, 3 bath, 1,809 sqft townhomes.
Is 18416 Lafayette Way a flip candidate?
No — 18416 Lafayette Way does not appear in our flips dataset.
Is 18416 Lafayette Way a tax-appeal candidate?
No — 18416 Lafayette 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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