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504 Willoughby Way

Minnetonka, MN 55305

3 bd 2 ba 1,640 sqft Built 1999 townhomes
Most recent sale
$339,900
Jun 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 28, 2022 Sold $339,900 MLS #6196589
May 27, 2022 Relisted $339,900 MLS #6196589
May 16, 2022 Listed $339,900 MLS #6196589
Dec 21, 2012 Sold $172,000 MLS #4187022
Aug 30, 2012 Listed $169,900 MLS #4187022

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $221,500 $50,000 $271,500 $3,410
2021 $198,200 $50,000 $248,200 $3,076
2020 $198,200 $50,000 $248,200 $3,279
2019 $200,600 $50,000 $250,600 $2,970
2018 $179,000 $50,000 $229,000 $2,884
2017 $164,400 $50,000 $214,400 $2,658
2016 $119,900 $75,000 $194,900 $2,647
2015 $113,500 $75,000 $188,500 $2,619
2014 $117,300 $65,000 $182,300 $2,687
2013 $110,700 $65,000 $175,700 $2,586
2012 $175,528 $2,839
2011 $199,072 $2,851
2010 $163,100 $65,000 $228,100 $2,716
2009 $172,600 $65,000 $237,600 $2,612
2008 $179,900 $65,000 $244,900 $2,635
2007 $187,400 $65,000 $252,400 $2,659

Property facts

Year built
1999
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,640 sqft
Lot size
ZIP code
55305
City
Minnetonka
Street
Willoughby Way
Coordinates
44.97621, -93.42001

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
$2,460
Gross rental yield
8.68%
Implied cap rate
5.65%
Trend-extrapolated value

Frequently asked questions

When did 504 Willoughby Way last sell?
504 Willoughby Way most recently sold on Jun 28, 2022 for $339,900.
What is the current tax assessment for 504 Willoughby Way?
The most recent total assessment for 504 Willoughby Way (year 2022) is $271,500 with $3,410 in property tax.
How does 504 Willoughby Way's assessment compare to its last sale price?
The current assessment is 20.1% below the last sale price of $339,900.
When was 504 Willoughby Way built?
504 Willoughby Way was built in 1999.
How does 504 Willoughby Way compare to others on Willoughby Way?
We track 8 other properties on Willoughby Way. Browse the list under "Other properties on Willoughby Way" to compare beds, baths, and sale history.
What are the property facts for 504 Willoughby Way?
504 Willoughby Way is a 3 bed, 2 bath, 1,640 sqft townhomes.
Is 504 Willoughby Way a flip candidate?
No — 504 Willoughby Way does not appear in our flips dataset.
Is 504 Willoughby Way a tax-appeal candidate?
No — 504 Willoughby Way 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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