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3414 Groveland Ln

Minnetonka, MN 55345

3 bd 3 ba 3,140 sqft Built 2016 single_family
Most recent sale
$920,000
Aug 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 31, 2022 Sold $920,000 MLS #6232685
Jul 9, 2022 Listed $899,900 MLS #6232685
Jan 14, 2017 Sold $725,454 MLS #4731794
Jul 15, 2016 Sold $195,000 Public Record
Jun 23, 2016 Listed $715,723 MLS #4731794

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $663,600 $259,600 $923,200 $13,275
2024 $622,800 $259,600 $882,400 $11,953
2023 $595,100 $259,600 $854,700 $11,613
2022 $517,400 $236,000 $753,400 $11,061
2021 $528,800 $236,000 $764,800 $11,209
2020 $528,800 $236,000 $764,800 $10,958
2019 $485,000 $236,000 $721,000 $11,001
2018 $485,000 $236,000 $721,000 $10,285
2017 $495,000 $225,000 $720,000 $2,478

Property facts

Year built
2016
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
3,140 sqft
Lot size
ZIP code
55345
City
Minnetonka
Street
Groveland Ln
Coordinates
44.94125, -93.49692

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
$4,710
Gross rental yield
6.14%
Implied cap rate
3.99%
Trend-extrapolated value

Frequently asked questions

When did 3414 Groveland Ln last sell?
3414 Groveland Ln most recently sold on Aug 31, 2022 for $920,000.
What is the current tax assessment for 3414 Groveland Ln?
The most recent total assessment for 3414 Groveland Ln (year 2025) is $923,200 with $13,275 in property tax.
How does 3414 Groveland Ln's assessment compare to its last sale price?
The current assessment is 0.3% above the last sale price of $920,000.
When was 3414 Groveland Ln built?
3414 Groveland Ln was built in 2016.
How does 3414 Groveland Ln compare to others on Groveland Ln?
We track 8 other properties on Groveland Ln. Browse the list under "Other properties on Groveland Ln" to compare beds, baths, and sale history.
What are the property facts for 3414 Groveland Ln?
3414 Groveland Ln is a 3 bed, 3 bath, 3,140 sqft single_family.
Is 3414 Groveland Ln a flip candidate?
No — 3414 Groveland Ln does not appear in our flips dataset.
Is 3414 Groveland Ln a tax-appeal candidate?
No — 3414 Groveland Ln 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
-1.3%
Implied 1-yr
-5.3%
2026 Q3
$617.1K
2026 Q4
$608K
ZIP 55345 — Median Price History + Forecast

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