3131 228th Ln
Oak Grove, MN 55005
3 bd 2 ba 2,609 sqft Built 2021 Lot 16,988 sqft single_family
Most recent sale
$400,000
Feb 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 4, 2022 | Sold | $400,000 | MLS #6082598 |
| Aug 11, 2021 | Listed | $389,900 | MLS #6082598 |
| Aug 9, 2021 | Sold | $72,500 | Public Record |
| Jun 16, 2003 | Sold | $63,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $311,200 | $63,600 | $374,800 | $2,595 |
| 2022 | — | $41,900 | $41,900 | $411 |
| 2021 | — | $41,900 | $41,900 | $444 |
| 2019 | — | $37,400 | $37,400 | $432 |
| 2018 | — | $41,500 | $41,500 | $501 |
| 2017 | — | $41,500 | $41,500 | $538 |
| 2016 | — | $50,600 | $50,600 | $681 |
| 2015 | — | $38,300 | $38,300 | $512 |
| 2014 | — | $23,900 | $23,900 | $360 |
| 2013 | — | $30,700 | $30,700 | $472 |
| 2012 | — | $38,400 | $38,400 | $569 |
| 2011 | — | $48,000 | $48,000 | $709 |
| 2009 | — | $83,100 | $83,100 | $939 |
| 2008 | — | $72,300 | $72,300 | $855 |
| 2007 | — | $65,700 | $65,700 | $780 |
Property facts
Year built
2021
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,609 sqft
Lot size
16,988 sqft
ZIP code
55005
City
Oak Grove
Street
228th Ln
Coordinates
45.38117, -93.34594
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,914
Gross rental yield
11.74%
Implied cap rate
7.63%
Trend-extrapolated value
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Frequently asked questions
When did 3131 228th Ln last sell?
3131 228th Ln most recently sold on Feb 4, 2022 for $400,000.
What is the current tax assessment for 3131 228th Ln?
The most recent total assessment for 3131 228th Ln (year 2023) is $374,800 with $2,595 in property tax.
How does 3131 228th Ln's assessment compare to its last sale price?
The current assessment is 6.3% below the last sale price of $400,000.
When was 3131 228th Ln built?
3131 228th Ln was built in 2021.
How does 3131 228th Ln compare to others on 228th Ln?
We track 5 other properties on 228th Ln. Browse the list under "Other properties on 228th Ln" to compare beds, baths, and sale history.
What are the property facts for 3131 228th Ln?
3131 228th Ln is a 3 bed, 2 bath, 2,609 sqft, 16,988 sqft lot single_family.
Is 3131 228th Ln a flip candidate?
Yes — 3131 228th Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3131 228th Ln a tax-appeal candidate?
No — 3131 228th Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.7%
Implied 1-yr
+2.9%
2026 Q3
$431.7K
2026 Q4
$434.7K
ZIP 55005 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 228th Ln