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5118 Willow Ln

Minnetonka, MN 55345

3 bd 2 ba 1,892 sqft Built 1950 Lot 22,216 sqft single_family
Most recent sale
$400,000
Oct 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 14, 2022 Sold $400,000 MLS #6262945
Sep 25, 2022 Relisted $399,900 MLS #6262945
Sep 20, 2022 Listed $399,900 MLS #6262945
Aug 9, 2019 Sold $335,000 MLS #5223431
Jul 9, 2019 Relisted $334,900 MLS #5223431
Jun 28, 2019 Listing removed $334,900 NorthstarMLS
Jun 25, 2019 Price changed $334,900 MLS #5223431
Jun 17, 2019 Price changed $349,900 MLS #5223431
May 11, 2019 Price changed $359,900 MLS #5223431
May 8, 2019 Price changed $385,000 MLS #5223431
May 1, 2019 Listed $399,900 MLS #5223431
Jul 24, 2014 Sold $250,000 MLS #4472770
Apr 28, 2014 Listed $249,900 MLS #4472770
Oct 27, 2012 Listing removed $258,900 NorthstarMLS
Aug 23, 2012 Price changed $258,900 MLS #4176840
Jul 30, 2012 Listing removed $269,000 Mankato
Jul 27, 2012 Listed $269,000 MLS #4381305
Sep 5, 2009 Listing removed $274,500 NorthstarMLS
Aug 14, 2009 Price changed $274,500 MLS #3593933
Aug 1, 2009 Price changed $289,000 MLS #3593933
Jul 11, 2009 Price changed $297,500 MLS #3593933
Jun 9, 2009 Price changed $309,900 MLS #3593933
May 10, 2009 Price changed $315,900 MLS #3593933
Apr 4, 2009 Price changed $319,900 MLS #3593933
Sep 5, 2008 Listed $328,900 MLS #3593933
Mar 2, 2007 Sold $186,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $341,426 $4,970
2019 $344,805 $4,531
2018 $312,105 $4,020
2017 $274,718 $3,647
2016 $246,378 $3,548
2015 $238,748 $3,466
2014 $231,881 $3,771
2013 $96,400 $150,000 $246,400 $3,696
2012 $98,400 $150,000 $248,400 $4,345
2011 $108,000 $150,000 $258,000 $3,546
2010 $112,000 $150,000 $262,000 $3,259
2009 $114,400 $150,000 $264,400 $2,447
2008 $58,000 $150,000 $208,000 $2,514
2007 $116,800 $96,700 $213,500 $2,372

Property facts

Year built
1950
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,892 sqft
Lot size
22,216 sqft
ZIP code
55345
City
Minnetonka
Street
Willow Ln
Coordinates
44.91058, -93.51656

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,838
Gross rental yield
8.51%
Implied cap rate
5.53%
Trend-extrapolated value

Frequently asked questions

When did 5118 Willow Ln last sell?
5118 Willow Ln most recently sold on Oct 14, 2022 for $400,000.
What is the current tax assessment for 5118 Willow Ln?
The most recent total assessment for 5118 Willow Ln (year 2020) is $341,426 with $4,970 in property tax.
How does 5118 Willow Ln's assessment compare to its last sale price?
The current assessment is 14.6% below the last sale price of $400,000.
When was 5118 Willow Ln built?
5118 Willow Ln was built in 1950.
How does 5118 Willow Ln compare to others on Willow Ln?
We track 2 other properties on Willow Ln. Browse the list under "Other properties on Willow Ln" to compare beds, baths, and sale history.
What are the property facts for 5118 Willow Ln?
5118 Willow Ln is a 3 bed, 2 bath, 1,892 sqft, 22,216 sqft lot single_family.
Is 5118 Willow Ln a flip candidate?
No — 5118 Willow Ln does not appear in our flips dataset.
Is 5118 Willow Ln a tax-appeal candidate?
No — 5118 Willow Ln 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
-1.3%
Implied 1-yr
-5.3%
2026 Q3
$617.1K
2026 Q4
$608K
ZIP 55345 — Median Price History + Forecast

Explore nearby

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