22631 Penn Ave
Lakeville, MN 55044
5 bd 4 ba 3,688 sqft Built 1990 Lot 154,202 sqft single_family
Most recent sale
$600,000
Apr 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 22, 2022 | Sold | $600,000 | MLS #6165311 |
| Mar 17, 2022 | Listed | $575,000 | MLS #6165311 |
| Dec 1, 2011 | Listing removed | $309,900 | NorthstarMLS |
| Aug 31, 2011 | Price changed | $309,900 | MLS #3981196 |
| Aug 4, 2011 | Price changed | $319,900 | MLS #3981196 |
| Jul 14, 2011 | Price changed | $330,000 | MLS #3981196 |
| Jun 13, 2011 | Price changed | $335,000 | MLS #3981196 |
| May 13, 2011 | Price changed | $340,000 | MLS #3981196 |
| Apr 23, 2011 | Price changed | $354,900 | MLS #3981196 |
| Mar 4, 2011 | Price changed | $359,900 | MLS #3981196 |
| Jan 5, 2011 | Price changed | $365,000 | MLS #3981196 |
| Oct 14, 2010 | Listed | $370,000 | MLS #3981196 |
| Sep 1, 1989 | Sold | $40,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $395,500 | $251,600 | $647,100 | $6,340 |
| 2024 | $374,800 | $239,900 | $614,700 | $6,128 |
| 2023 | $374,800 | $226,700 | $601,500 | $5,776 |
| 2022 | $302,600 | $170,500 | $473,100 | $4,822 |
| 2021 | $301,000 | $160,400 | $461,400 | $4,898 |
| 2020 | $301,200 | $145,200 | $446,400 | $5,190 |
| 2019 | $301,600 | $141,400 | $443,000 | $5,076 |
| 2018 | $279,800 | $135,200 | $415,000 | $4,898 |
| 2017 | $379,200 | $116,500 | $495,700 | $6,218 |
| 2016 | $347,900 | $111,300 | $459,200 | $5,398 |
| 2015 | $371,300 | $104,000 | $475,300 | $5,312 |
| 2014 | $361,100 | $96,000 | $457,100 | $5,408 |
| 2013 | $361,700 | $96,000 | $457,700 | $5,148 |
| 2012 | $361,700 | $96,000 | $457,700 | $5,022 |
| 2011 | $321,500 | $89,000 | $410,500 | $4,222 |
| 2010 | $321,500 | $89,000 | $410,500 | $4,886 |
Property facts
Year built
1990
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,688 sqft
Lot size
154,202 sqft
ZIP code
55044
City
Lakeville
Street
Penn Ave
Coordinates
44.62244, -93.30782
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,532
Gross rental yield
11.06%
Implied cap rate
7.19%
Trend-extrapolated value
—
Frequently asked questions
When did 22631 Penn Ave last sell?
22631 Penn Ave most recently sold on Apr 22, 2022 for $600,000.
What is the current tax assessment for 22631 Penn Ave?
The most recent total assessment for 22631 Penn Ave (year 2025) is $647,100 with $6,340 in property tax.
How does 22631 Penn Ave's assessment compare to its last sale price?
The current assessment is 7.9% above the last sale price of $600,000.
When was 22631 Penn Ave built?
22631 Penn Ave was built in 1990.
How does 22631 Penn Ave compare to others on Penn Ave?
We track 3 other properties on Penn Ave. Browse the list under "Other properties on Penn Ave" to compare beds, baths, and sale history.
What are the property facts for 22631 Penn Ave?
22631 Penn Ave is a 5 bed, 4 bath, 3,688 sqft, 154,202 sqft lot single_family.
Is 22631 Penn Ave a flip candidate?
No — 22631 Penn Ave does not appear in our flips dataset.
Is 22631 Penn Ave a tax-appeal candidate?
No — 22631 Penn 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 Penn Ave