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12705 Cedar Lake Rd

Minnetonka, MN 55305

3 bd 4 ba 2,730 sqft Built 1988 Lot 23,087 sqft single_family
Most recent sale
$485,000
Nov 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 1, 2022 Sold $485,000 MLS #6263967
Sep 29, 2022 Listed for rent $3,290 Zumper
Sep 22, 2022 Listed $496,000 MLS #6263967
Sep 8, 2022 Price changed $535,000 MLS #6223107
Jul 19, 2022 Price changed $575,000 MLS #6223107
Jul 8, 2022 Listed $599,900 MLS #6223107
Apr 10, 2017 Sold $360,500 MLS #4773930
Jan 13, 2017 Relisted $379,900 MLS #4773930
Jan 11, 2017 Listing removed $379,900 NorthstarMLS
Jan 9, 2017 Price changed $379,900 MLS #4773930
Oct 28, 2016 Listing removed $444,000 NorthstarMLS
Oct 27, 2016 Listed $398,000 MLS #4773930
Oct 4, 2016 Listed $444,000 MLS #4767341
Jun 13, 2011 Listing removed $389,900 NorthstarMLS
Nov 20, 2009 Price changed $389,900 MLS #3832619
Sep 18, 2009 Price changed $399,000 MLS #3832619
Sep 8, 2009 Listed $429,900 MLS #3832619
Nov 12, 1997 Sold $217,500 Public Record
Mar 16, 1992 Sold $200,000 Public Record
Dec 29, 1989 Sold $184,320 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $339,300 $196,300 $535,600 $6,660
2024 $333,000 $196,300 $529,300 $6,332
2023 $281,300 $196,300 $477,600 $5,589
2022 $251,000 $178,400 $429,400 $5,404
2021 $228,000 $178,400 $406,400 $5,053
2020 $228,000 $178,400 $406,400 $5,372
2019 $231,000 $178,400 $409,400 $4,968
2018 $203,800 $178,100 $381,900 $5,209
2017 $206,300 $179,400 $385,700 $5,233
2016 $207,300 $175,000 $382,300 $5,526
2015 $230,300 $161,700 $392,000 $5,079
2014 $205,000 $147,000 $352,000 $5,084
2013 $183,900 $147,000 $330,900 $5,105
2012 $349,165 $4,971
2011 $349,928 $4,854
2010 $221,000 $147,000 $368,000 $4,872
2009 $254,600 $147,000 $401,600 $5,139
2008 $280,400 $147,000 $427,400 $5,079
2007 $296,800 $130,000 $426,800 $5,092

Property facts

Year built
1988
Property type
single_family
Stories
2
Beds
3
Baths
4
Living area
2,730 sqft
Lot size
23,087 sqft
ZIP code
55305
City
Minnetonka
Street
Cedar Lake Rd
Coordinates
44.94907, -93.44069

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,095
Gross rental yield
10.13%
Implied cap rate
6.59%
Trend-extrapolated value

Frequently asked questions

When did 12705 Cedar Lake Rd last sell?
12705 Cedar Lake Rd most recently sold on Nov 1, 2022 for $485,000.
What is the current tax assessment for 12705 Cedar Lake Rd?
The most recent total assessment for 12705 Cedar Lake Rd (year 2025) is $535,600 with $6,660 in property tax.
How does 12705 Cedar Lake Rd's assessment compare to its last sale price?
The current assessment is 10.4% above the last sale price of $485,000.
When was 12705 Cedar Lake Rd built?
12705 Cedar Lake Rd was built in 1988.
How does 12705 Cedar Lake Rd compare to others on Cedar Lake Rd?
We track 8 other properties on Cedar Lake Rd. Browse the list under "Other properties on Cedar Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 12705 Cedar Lake Rd?
12705 Cedar Lake Rd is a 3 bed, 4 bath, 2,730 sqft, 23,087 sqft lot single_family.
Is 12705 Cedar Lake Rd a flip candidate?
No — 12705 Cedar Lake Rd does not appear in our flips dataset.
Is 12705 Cedar Lake Rd a tax-appeal candidate?
No — 12705 Cedar Lake Rd 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
+2.6%
2026 Q3
$610.3K
2026 Q4
$614.1K
ZIP 55305 — Median Price History + Forecast

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