18850 Lake Ave
Minnetonka, MN 55391
3 bd 2 ba 2,680 sqft Built 1951 Lot 13,939 sqft single_family
Most recent sale
$660,000
Dec 6, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 6, 2021 | Sold | $660,000 | MLS #6106593 |
| Nov 4, 2021 | Listed | $650,000 | MLS #6106593 |
| Aug 25, 2020 | Sold | $600,000 | MLS #5619917 |
| Jul 31, 2020 | Relisted | $600,000 | MLS #5619917 |
| Jul 22, 2020 | Listing removed | $600,000 | NorthstarMLS |
| Jul 13, 2020 | Listed | $600,000 | MLS #5619917 |
| Feb 24, 2019 | Listing removed | $500,000 | NorthstarMLS |
| Feb 23, 2019 | Listing removed | $500,000 | NorthstarMLS |
| Aug 14, 2014 | Sold | $480,000 | Public Record |
| Jul 9, 2014 | Listing removed | $500,000 | Willmar |
| Apr 15, 2014 | Price changed | $500,000 | MLS #6005270 |
| Mar 21, 2014 | Price changed | $499,900 | MLS #6005270 |
| Mar 3, 2014 | Listing removed | $519,000 | Willmar |
| Feb 13, 2014 | Listed | $500,000 | MLS #5163618 |
| Oct 30, 2013 | Listing removed | $529,900 | Willmar |
| Oct 21, 2013 | Price changed | $529,900 | MLS #6003846 |
| Oct 9, 2013 | Listing removed | $529,900 | Arrowhead |
| Sep 9, 2013 | Price changed | $549,900 | MLS #6003846 |
| Aug 19, 2013 | Listed | $529,900 | MLS #5162725 |
| Oct 20, 2004 | Sold | $409,000 | Public Record |
| Nov 26, 1993 | Sold | $124,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $340,000 | $390,000 | $730,000 | $8,534 |
| 2024 | $473,500 | $255,200 | $728,700 | $8,127 |
| 2023 | $457,000 | $229,000 | $686,000 | $7,637 |
| 2022 | $397,000 | $178,000 | $575,000 | $6,931 |
| 2021 | $376,000 | $172,000 | $548,000 | $6,562 |
| 2020 | $341,000 | $167,000 | $508,000 | $6,250 |
| 2019 | $330,000 | $167,000 | $497,000 | $6,065 |
| 2018 | $328,000 | $167,000 | $495,000 | $6,050 |
| 2017 | $317,000 | $167,000 | $484,000 | $5,979 |
| 2016 | $326,000 | $145,000 | $471,000 | $5,930 |
| 2015 | $297,000 | $132,000 | $429,000 | $5,441 |
| 2014 | — | — | $403,120 | $5,359 |
| 2013 | — | — | $411,840 | $5,312 |
| 2012 | $295,000 | $122,000 | $417,000 | $5,120 |
| 2011 | $268,000 | $122,000 | $390,000 | $4,568 |
| 2010 | $235,000 | $136,000 | $371,000 | $3,923 |
| 2009 | $235,000 | $150,000 | $385,000 | $3,925 |
| 2008 | $240,000 | $167,000 | $407,000 | $4,124 |
| 2007 | $240,000 | $145,000 | $385,000 | $4,066 |
Property facts
Year built
1951
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,680 sqft
Lot size
13,939 sqft
ZIP code
55391
City
Minnetonka
Street
Lake Ave
Coordinates
44.93521, -93.51974
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,020
Gross rental yield
7.31%
Implied cap rate
4.75%
Trend-extrapolated value
—
Frequently asked questions
When did 18850 Lake Ave last sell?
18850 Lake Ave most recently sold on Dec 6, 2021 for $660,000.
What is the current tax assessment for 18850 Lake Ave?
The most recent total assessment for 18850 Lake Ave (year 2025) is $730,000 with $8,534 in property tax.
How does 18850 Lake Ave's assessment compare to its last sale price?
The current assessment is 10.6% above the last sale price of $660,000.
When was 18850 Lake Ave built?
18850 Lake Ave was built in 1951.
How does 18850 Lake Ave compare to others on Lake Ave?
We do not currently track other properties on Lake Ave.
What are the property facts for 18850 Lake Ave?
18850 Lake Ave is a 3 bed, 2 bath, 2,680 sqft, 13,939 sqft lot single_family.
Is 18850 Lake Ave a flip candidate?
No — 18850 Lake Ave does not appear in our flips dataset.
Is 18850 Lake Ave a tax-appeal candidate?
No — 18850 Lake Ave 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
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Geography