408 Parkers Lake Rd
Minnetonka, MN 55391
1 bd 1 ba 843 sqft Built 2005 Lot 854 sqft condos
Most recent sale
$255,600
Jun 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 17, 2022 | Sold | $255,600 | MLS #6196600 |
| May 17, 2022 | Listed | $255,600 | MLS #6196600 |
| Jan 18, 2019 | Sold | $170,000 | MLS #4988438 |
| Dec 18, 2018 | Listed | $184,900 | MLS #4988438 |
| Dec 5, 2018 | Sold | $184,900 | MLS #4988438 |
| Oct 19, 2018 | Price changed | $184,900 | MLS #4988438 |
| Oct 13, 2018 | Price changed | $194,900 | MLS #4988438 |
| Sep 21, 2018 | Price changed | $199,900 | MLS #4988438 |
| Aug 17, 2018 | Listed | $213,600 | MLS #4988438 |
| Apr 12, 2006 | Sold | $193,700 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $171,000 | $45,000 | $216,000 | $2,876 |
| 2021 | $160,400 | $45,000 | $205,400 | $2,724 |
| 2020 | $160,400 | $45,000 | $205,400 | $2,782 |
| 2019 | $157,200 | $45,000 | $202,200 | $2,455 |
| 2018 | — | — | $176,115 | $2,392 |
| 2017 | — | — | $167,613 | $1,989 |
| 2016 | — | — | $139,818 | $2,119 |
| 2015 | — | — | $147,012 | $2,069 |
| 2014 | — | — | $139,600 | $2,113 |
| 2013 | — | — | $139,600 | $2,088 |
| 2012 | — | — | $140,050 | $2,018 |
| 2011 | — | — | $140,050 | $1,940 |
| 2010 | $110,900 | $50,000 | $160,900 | $1,903 |
| 2009 | $119,300 | $50,000 | $169,300 | $1,835 |
| 2008 | $122,700 | $50,000 | $172,700 | $1,736 |
Property facts
Year built
2005
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
843 sqft
Lot size
854 sqft
ZIP code
55391
City
Minnetonka
Street
Parkers Lake Rd
Coordinates
44.97578, -93.47293
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
$1,265
Gross rental yield
5.94%
Implied cap rate
3.86%
Trend-extrapolated value
—
Frequently asked questions
When did 408 Parkers Lake Rd last sell?
408 Parkers Lake Rd most recently sold on Jun 17, 2022 for $255,600.
What is the current tax assessment for 408 Parkers Lake Rd?
The most recent total assessment for 408 Parkers Lake Rd (year 2022) is $216,000 with $2,876 in property tax.
How does 408 Parkers Lake Rd's assessment compare to its last sale price?
The current assessment is 15.5% below the last sale price of $255,600.
When was 408 Parkers Lake Rd built?
408 Parkers Lake Rd was built in 2005.
How does 408 Parkers Lake Rd compare to others on Parkers Lake Rd?
We track 8 other properties on Parkers Lake Rd. Browse the list under "Other properties on Parkers Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 408 Parkers Lake Rd?
408 Parkers Lake Rd is a 1 bed, 1 bath, 843 sqft, 854 sqft lot condos.
Is 408 Parkers Lake Rd a flip candidate?
No — 408 Parkers Lake Rd does not appear in our flips dataset.
Is 408 Parkers Lake Rd a tax-appeal candidate?
No — 408 Parkers Lake 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 Parkers Lake Rd