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3412 Oak Ridge Rd

Minnetonka, MN 55305

2 bd 2 ba 1,463 sqft Built 1971 condos
Most recent sale
$220,000
May 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 23, 2025 Listed $235,000 NorthstarMLS
Jun 24, 2025 Listed $245,000 NorthstarMLS
May 5, 2022 Sold $220,000 MLS #6145998
Apr 12, 2022 Relisted $225,000 MLS #6145998
Feb 16, 2022 Price changed $225,000 MLS #6145998
Feb 3, 2022 Listed $230,000 MLS #6145998
Nov 18, 2016 Sold $135,000 MLS #4754537
Aug 24, 2016 Listed $135,000 MLS #4754537
Jan 16, 1996 Sold $87,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $199,572 $2,483
2024 $203,105 $2,425
2023 $168,225 $1,999
2022 $152,747 $1,952
2021 $139,558 $1,769
2020 $126,369 $1,697
2019 $113,616 $1,517
2018 $93,451 $1,306
2017 $71,869 $1,039
2016 $76,883 $1,139
2015 $69,253 $1,054
2014 $46,690 $781
2013 $49,960 $782
2012 $71,760 $1,067
2011 $92,000 $30,000 $122,000 $1,359
2010 $95,000 $30,000 $125,000 $1,259
2009 $99,600 $30,000 $129,600 $1,215
2008 $109,200 $30,000 $139,200 $1,293
2007 $146,900 $30,000 $176,900 $1,765

Property facts

Year built
1971
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,463 sqft
Lot size
ZIP code
55305
City
Minnetonka
Street
Oak Ridge Rd
Coordinates
44.94185, -93.40646

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
$2,195
Gross rental yield
11.97%
Implied cap rate
7.78%
Trend-extrapolated value

Frequently asked questions

When did 3412 Oak Ridge Rd last sell?
3412 Oak Ridge Rd most recently sold on May 5, 2022 for $220,000.
What is the current tax assessment for 3412 Oak Ridge Rd?
The most recent total assessment for 3412 Oak Ridge Rd (year 2025) is $199,572 with $2,483 in property tax.
How does 3412 Oak Ridge Rd's assessment compare to its last sale price?
The current assessment is 9.3% below the last sale price of $220,000.
When was 3412 Oak Ridge Rd built?
3412 Oak Ridge Rd was built in 1971.
How does 3412 Oak Ridge Rd compare to others on Oak Ridge Rd?
We track 8 other properties on Oak Ridge Rd. Browse the list under "Other properties on Oak Ridge Rd" to compare beds, baths, and sale history.
What are the property facts for 3412 Oak Ridge Rd?
3412 Oak Ridge Rd is a 2 bed, 2 bath, 1,463 sqft condos.
Is 3412 Oak Ridge Rd a flip candidate?
No — 3412 Oak Ridge Rd does not appear in our flips dataset.
Is 3412 Oak Ridge Rd a tax-appeal candidate?
No — 3412 Oak Ridge 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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