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1309 Drake Cv

Mayer, MN 55360

4 bd 3 ba 2,335 sqft Built 2004 Lot 9,365 sqft single_family
Most recent sale
$295,000
Sep 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 9, 2022 Sold $295,000 MLS #6241915
Jul 29, 2022 Listed $299,900 MLS #6241915
May 25, 2022 Listed $320,000 MLS #6201504
Sep 8, 2005 Sold $52,900 Public Record
Jul 27, 2005 Sold $92,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $270,000 $3,938
2019 $272,800 $3,676
2018 $258,700 $3,920
2017 $231,300 $3,860
2016 $222,100 $3,894
2015 $216,900 $3,442
2014 $212,000 $3,218
2013 $164,700 $3,010
2012 $164,700 $3,096
2011 $179,600 $3,048
2010 $170,500 $40,700 $211,200 $3,448
2009 $190,400 $46,300 $236,700 $3,408
2008 $202,300 $46,300 $248,600 $3,602
2007 $206,000 $48,700 $254,700 $3,560

Property facts

Year built
2004
Property type
single_family
Stories
4
Beds
4
Baths
3
Living area
2,335 sqft
Lot size
9,365 sqft
ZIP code
55360
City
Mayer
Street
Drake Cv
Coordinates
44.88178, -93.89284

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
$3,503
Gross rental yield
14.25%
Implied cap rate
9.26%
Trend-extrapolated value

Frequently asked questions

When did 1309 Drake Cv last sell?
1309 Drake Cv most recently sold on Sep 9, 2022 for $295,000.
What is the current tax assessment for 1309 Drake Cv?
The most recent total assessment for 1309 Drake Cv (year 2020) is $270,000 with $3,938 in property tax.
How does 1309 Drake Cv's assessment compare to its last sale price?
The current assessment is 8.5% below the last sale price of $295,000.
When was 1309 Drake Cv built?
1309 Drake Cv was built in 2004.
How does 1309 Drake Cv compare to others on Drake Cv?
We track 5 other properties on Drake Cv. Browse the list under "Other properties on Drake Cv" to compare beds, baths, and sale history.
What are the property facts for 1309 Drake Cv?
1309 Drake Cv is a 4 bed, 3 bath, 2,335 sqft, 9,365 sqft lot single_family.
Is 1309 Drake Cv a flip candidate?
No — 1309 Drake Cv does not appear in our flips dataset.
Is 1309 Drake Cv a tax-appeal candidate?
No — 1309 Drake Cv 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
-2.8%
Implied 1-yr
-11.4%
2026 Q1
$273.1K
2026 Q2
$263.6K
ZIP 55360 — Median Price History + Forecast

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