31039 Magnolia Ridge Way
Lindstrom, MN 55045
3 bd 3 ba 1,777 sqft Built 2017 Lot 3,049 sqft townhomes
Most recent sale
$390,000
Jun 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 30, 2022 | Sold | $390,000 | MLS #6199975 |
| May 21, 2022 | Listed | $400,000 | MLS #6199975 |
| Aug 12, 2017 | Sold | $335,905 | MLS #4807263 |
| Mar 22, 2017 | Listed | $340,705 | MLS #4807263 |
| Feb 11, 2017 | Sold | $20,000 | MLS #4681695 |
| Jan 1, 2017 | Sold | $333,405 | Public Record |
| Feb 23, 2016 | Listed | $25,000 | MLS #4681695 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $351,000 | $69,700 | $420,700 | $5,562 |
| 2023 | $351,200 | $71,000 | $422,200 | $5,382 |
| 2022 | $278,800 | $54,900 | $333,700 | $5,092 |
| 2021 | $273,600 | $53,800 | $327,400 | $5,068 |
| 2020 | $273,600 | $53,800 | $327,400 | $5,016 |
| 2019 | $223,400 | $40,100 | $263,500 | $4,364 |
| 2018 | — | $13,500 | $13,500 | $246 |
| 2017 | — | $22,500 | $22,500 | $472 |
| 2016 | — | $22,500 | $22,500 | $482 |
| 2015 | — | $18,000 | $18,000 | $388 |
| 2014 | — | $18,000 | $18,000 | $398 |
| 2013 | — | $18,000 | $18,000 | $386 |
| 2012 | — | — | $25,500 | $512 |
| 2011 | — | — | $19,500 | $458 |
| 2010 | — | — | $19,500 | $318 |
| 2009 | — | $20,400 | $20,400 | $322 |
| 2008 | — | $14,200 | $14,200 | $216 |
| 2007 | — | $45,000 | $45,000 | $128 |
Property facts
Year built
2017
Property type
townhomes
Stories
1
Beds
3
Baths
3
Living area
1,777 sqft
Lot size
3,049 sqft
ZIP code
55045
City
Lindstrom
Street
Magnolia Ridge Way
Coordinates
45.39685, -92.84429
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,666
Gross rental yield
8.20%
Implied cap rate
5.33%
Trend-extrapolated value
—
Frequently asked questions
When did 31039 Magnolia Ridge Way last sell?
31039 Magnolia Ridge Way most recently sold on Jun 30, 2022 for $390,000.
What is the current tax assessment for 31039 Magnolia Ridge Way?
The most recent total assessment for 31039 Magnolia Ridge Way (year 2025) is $420,700 with $5,562 in property tax.
How does 31039 Magnolia Ridge Way's assessment compare to its last sale price?
The current assessment is 7.9% above the last sale price of $390,000.
When was 31039 Magnolia Ridge Way built?
31039 Magnolia Ridge Way was built in 2017.
How does 31039 Magnolia Ridge Way compare to others on Magnolia Ridge Way?
We track 7 other properties on Magnolia Ridge Way. Browse the list under "Other properties on Magnolia Ridge Way" to compare beds, baths, and sale history.
What are the property facts for 31039 Magnolia Ridge Way?
31039 Magnolia Ridge Way is a 3 bed, 3 bath, 1,777 sqft, 3,049 sqft lot townhomes.
Is 31039 Magnolia Ridge Way a flip candidate?
No — 31039 Magnolia Ridge Way does not appear in our flips dataset.
Is 31039 Magnolia Ridge Way a tax-appeal candidate?
No — 31039 Magnolia Ridge Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.3%
Implied 1-yr
-1.1%
2026 Q3
$444.9K
2026 Q4
$443.7K
ZIP 55045 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Magnolia Ridge Way