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2131 Basswood Ln

Mound, MN 55364

7 bd 4 ba 3,560 sqft Built 1964 Lot 7,841 sqft multi_family
Most recent sale
$550,000
Mar 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 18, 2022 Sold $1,650,000 Public Record
Mar 16, 2022 Sold $550,000 MLS #6145015
Feb 11, 2022 Relisted $549,900 MLS #6145015
Jan 27, 2022 Listing removed $549,900 NorthstarMLS
Feb 13, 2021 Listing removed $384,900 NorthstarMLS
Feb 9, 2021 Sold $775,000 Public Record
May 11, 2020 Sold $332,941 Public Record
Jul 31, 2018 Sold $333,000 MLS #4960544
Jun 5, 2018 Relisted $340,000 MLS #4960544
Jun 3, 2018 Listing removed $300,000 NorthstarMLS
May 31, 2018 Listed $300,000 MLS #4960544
Aug 4, 2008 Sold $187,420 Public Record
Dec 20, 2005 Sold $390,000 Public Record
Dec 6, 2002 Sold $250,000 Public Record
Sep 1, 1985 Sold $132,000 Public Record
Feb 1, 1978 Sold $77,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $435,000 $75,000 $510,000 $6,857
2024 $454,000 $75,000 $529,000 $6,748
2023 $454,000 $75,000 $529,000 $6,375
2022 $305,000 $75,000 $380,000 $5,452
2021 $278,000 $75,000 $353,000 $5,082
2020 $278,000 $75,000 $353,000 $5,165
2019 $259,000 $75,000 $334,000 $4,552
2018 $215,000 $75,000 $290,000 $5,771
2017 $196,000 $75,000 $271,000 $5,315
2016 $161,000 $75,000 $236,000 $5,399
2015 $154,000 $75,000 $229,000 $5,316
2014 $145,000 $75,000 $220,000 $5,323
2013 $130,000 $75,000 $205,000 $5,304
2012 $130,000 $75,000 $205,000 $5,091
2011 $130,000 $75,000 $205,000 $4,898
2010 $130,000 $75,000 $205,000 $2,473
2009 $105,000 $75,000 $180,000 $1,929
2008 $75,000 $75,000 $150,000 $7,150
2007 $257,000 $100,000 $357,000 $4,655

Property facts

Year built
1964
Property type
multi_family
Stories
2
Beds
7
Baths
4
Living area
3,560 sqft
Lot size
7,841 sqft
ZIP code
55364
City
Mound
Street
Basswood Ln
Coordinates
44.94020, -93.66254

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
$5,340
Gross rental yield
11.65%
Implied cap rate
7.57%
Trend-extrapolated value

Frequently asked questions

When did 2131 Basswood Ln last sell?
2131 Basswood Ln most recently sold on Mar 16, 2022 for $550,000.
What is the current tax assessment for 2131 Basswood Ln?
The most recent total assessment for 2131 Basswood Ln (year 2025) is $510,000 with $6,857 in property tax.
How does 2131 Basswood Ln's assessment compare to its last sale price?
The current assessment is 7.3% below the last sale price of $550,000.
When was 2131 Basswood Ln built?
2131 Basswood Ln was built in 1964.
How does 2131 Basswood Ln compare to others on Basswood Ln?
We track 8 other properties on Basswood Ln. Browse the list under "Other properties on Basswood Ln" to compare beds, baths, and sale history.
What are the property facts for 2131 Basswood Ln?
2131 Basswood Ln is a 7 bed, 4 bath, 3,560 sqft, 7,841 sqft lot multi_family.
Is 2131 Basswood Ln a flip candidate?
Yes — 2131 Basswood Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2131 Basswood Ln a tax-appeal candidate?
No — 2131 Basswood 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
+4.1%
Implied 1-yr
+16.5%
2026 Q3
$976.4K
2026 Q4
$976.4K
ZIP 55364 — Median Price History + Forecast

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