3116 Groveland School Rd
Minnetonka, MN 55391
5 bd 4 ba 5,038 sqft Built 2001 Lot 40,511 sqft single_family
Most recent sale
$1,100,000
Mar 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 4, 2022 | Sold | $1,100,000 | Public Record |
| Feb 28, 2022 | Sold | $1,100,000 | MLS #6131033 |
| Jan 28, 2022 | Listed | $945,000 | MLS #6131033 |
| Jun 16, 2011 | Sold | $566,000 | MLS #3998737 |
| Jun 13, 2011 | Listing removed | $750,000 | NorthstarMLS |
| Feb 11, 2011 | Price changed | $600,000 | MLS #3998737 |
| Jan 21, 2011 | Price changed | $615,000 | MLS #3998737 |
| Jan 4, 2011 | Price changed | $699,900 | MLS #3998737 |
| Dec 17, 2010 | Listed | $750,000 | MLS #3998737 |
| Nov 5, 2010 | Price changed | $750,000 | MLS #3981784 |
| Oct 15, 2010 | Listed | $799,900 | MLS #3981784 |
| Jun 3, 1992 | Sold | $90,000 | Public Record |
| May 1, 1973 | Sold | $33,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $730,200 | $225,500 | $955,700 | $13,711 |
| 2024 | $689,900 | $225,500 | $915,400 | $12,383 |
| 2023 | $638,600 | $225,500 | $864,100 | $11,702 |
| 2022 | $552,300 | $205,000 | $757,300 | $11,075 |
| 2021 | $528,300 | $205,000 | $733,300 | $10,648 |
| 2020 | $518,500 | $205,000 | $723,500 | $10,948 |
| 2019 | $492,800 | $205,000 | $697,800 | $10,555 |
| 2018 | $459,500 | $195,000 | $654,500 | $9,887 |
| 2017 | $463,300 | $185,000 | $648,300 | $9,888 |
| 2016 | $431,500 | $190,500 | $622,000 | $9,476 |
| 2015 | $442,200 | $175,000 | $617,200 | $9,458 |
| 2014 | $381,500 | $175,000 | $556,500 | $8,689 |
| 2013 | $404,400 | $175,000 | $579,400 | $8,880 |
| 2012 | $416,500 | $175,000 | $591,500 | $8,673 |
| 2011 | $480,700 | $175,000 | $655,700 | $9,325 |
| 2010 | $513,500 | $175,000 | $688,500 | $8,982 |
| 2009 | $559,500 | $175,000 | $734,500 | $9,217 |
| 2008 | $595,500 | $177,600 | $773,100 | $9,595 |
| 2007 | $520,800 | $165,000 | $685,800 | $8,694 |
Property facts
Year built
2001
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
5,038 sqft
Lot size
40,511 sqft
ZIP code
55391
City
Minnetonka
Street
Groveland School Rd
Coordinates
44.94539, -93.50031
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$7,557
Gross rental yield
8.24%
Implied cap rate
5.36%
Trend-extrapolated value
—
Frequently asked questions
When did 3116 Groveland School Rd last sell?
3116 Groveland School Rd most recently sold on Mar 4, 2022 for $1,100,000.
What is the current tax assessment for 3116 Groveland School Rd?
The most recent total assessment for 3116 Groveland School Rd (year 2025) is $955,700 with $13,711 in property tax.
How does 3116 Groveland School Rd's assessment compare to its last sale price?
The current assessment is 13.1% below the last sale price of $1,100,000.
When was 3116 Groveland School Rd built?
3116 Groveland School Rd was built in 2001.
How does 3116 Groveland School Rd compare to others on Groveland School Rd?
We track 2 other properties on Groveland School Rd. Browse the list under "Other properties on Groveland School Rd" to compare beds, baths, and sale history.
What are the property facts for 3116 Groveland School Rd?
3116 Groveland School Rd is a 5 bed, 4 bath, 5,038 sqft, 40,511 sqft lot single_family.
Is 3116 Groveland School Rd a flip candidate?
No — 3116 Groveland School Rd does not appear in our flips dataset.
Is 3116 Groveland School Rd a tax-appeal candidate?
No — 3116 Groveland School Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.7%
Implied 1-yr
+26.8%
2026 Q3
$2.76M
2026 Q4
$2.89M
ZIP 55391 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Groveland School Rd