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2031 Pine Island Rd

Minnetonka, MN 55305

5 bd 4 ba 4,576 sqft Built 1983 Lot 22,216 sqft single_family
Most recent sale
$850,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2022 Sold $850,000 MLS #6187165
May 27, 2022 Listed $850,000 MLS #6187165

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $798,300 $213,400 $1,011,700 $13,887
2024 $668,000 $213,400 $881,400 $11,317
2023 $653,400 $213,400 $866,800 $11,232
2022 $550,000 $194,000 $744,000 $10,587
2021 $532,300 $194,000 $726,300 $10,226
2020 $532,300 $194,000 $726,300 $9,942
2019 $491,900 $194,000 $685,900 $9,463
2018 $467,100 $194,000 $661,100 $9,160
2017 $445,600 $185,000 $630,600 $8,329
2016 $405,000 $178,500 $583,500 $8,484
2015 $420,900 $165,000 $585,900 $8,416
2014 $420,000 $150,000 $570,000 $8,731
2013 $427,200 $150,000 $577,200 $10,238
2012 $519,300 $150,000 $669,300 $10,218
2011 $538,600 $150,000 $688,600 $10,196
2010 $570,000 $150,000 $720,000 $10,256
2009 $620,800 $150,000 $770,800 $10,158
2008 $653,900 $150,000 $803,900 $9,870
2007 $667,800 $130,000 $797,800 $9,768

Property facts

Year built
1983
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
4,576 sqft
Lot size
22,216 sqft
ZIP code
55305
City
Minnetonka
Street
Pine Island Rd
Coordinates
44.96176, -93.43708

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,864
Gross rental yield
9.69%
Implied cap rate
6.30%
Trend-extrapolated value

Frequently asked questions

When did 2031 Pine Island Rd last sell?
2031 Pine Island Rd most recently sold on Jun 30, 2022 for $850,000.
What is the current tax assessment for 2031 Pine Island Rd?
The most recent total assessment for 2031 Pine Island Rd (year 2025) is $1,011,700 with $13,887 in property tax.
How does 2031 Pine Island Rd's assessment compare to its last sale price?
The current assessment is 19.0% above the last sale price of $850,000.
When was 2031 Pine Island Rd built?
2031 Pine Island Rd was built in 1983.
How does 2031 Pine Island Rd compare to others on Pine Island Rd?
We track 6 other properties on Pine Island Rd. Browse the list under "Other properties on Pine Island Rd" to compare beds, baths, and sale history.
What are the property facts for 2031 Pine Island Rd?
2031 Pine Island Rd is a 5 bed, 4 bath, 4,576 sqft, 22,216 sqft lot single_family.
Is 2031 Pine Island Rd a flip candidate?
No — 2031 Pine Island Rd does not appear in our flips dataset.
Is 2031 Pine Island Rd a tax-appeal candidate?
Yes — 2031 Pine Island Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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