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3140 228th Ln

Oak Grove, MN 55005

4 bd 4 ba 3,230 sqft Built 2003 Lot 15,682 sqft single_family
Most recent sale
$450,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 30, 2025 Sold $482,500 NorthstarMLS
Nov 19, 2025 Listed $489,900 NorthstarMLS
May 31, 2022 Sold $450,000 MLS #6170850
Apr 5, 2022 Listed $419,900 MLS #6170850
Mar 13, 2019 Sold $279,900 Public Record
Mar 11, 2019 Listing removed $284,900 NorthstarMLS
Mar 9, 2019 Sold $279,900 MLS #5142359
Jan 26, 2019 Listed $279,900 MLS #5142359
Oct 29, 2018 Listing removed $284,900 GreaterLakes
Oct 15, 2018 Listing removed $294,900 GreaterLakes
Aug 13, 2018 Listed $284,900 MLS #4991921
Aug 13, 2018 Listing removed $294,900 NorthstarMLS
Jun 29, 2018 Listed $294,900 MLS #4974202
Sep 1, 2011 Sold $175,000 Public Record
Jun 30, 2005 Sold $302,036 Public Record
Nov 13, 2002 Sold $141,800 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $433,595 $3,845
2025 $437,301 $3,571
2023 $401,158 $2,777
2022 $321,479 $2,601
2021 $292,594 $2,562
2019 $268,259 $36,325 $304,584 $2,916
2018 $249,891 $40,087 $289,978 $2,893
2017 $240,455 $39,931 $280,386 $3,001
2016 $230,738 $48,667 $279,405 $3,102
2015 $222,737 $36,503 $259,240 $2,862
2014 $194,606 $22,233 $216,839 $2,706
2013 $199,835 $28,776 $228,611 $2,896
2012 $209,911 $36,358 $246,269 $3,000
2011 $232,400 $48,000 $280,400 $3,288
2010 $232,400 $48,000 $280,400 $2,795
2009 $271,300 $87,700 $359,000 $3,251
2008 $277,100 $76,300 $353,400 $3,394
2007 $279,400 $69,400 $348,800 $3,355

Property facts

Year built
2003
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,230 sqft
Lot size
15,682 sqft
ZIP code
55005
City
Oak Grove
Street
228th Ln
Coordinates
45.38044, -93.34615

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,845
Gross rental yield
12.92%
Implied cap rate
8.40%
Trend-extrapolated value

Frequently asked questions

When did 3140 228th Ln last sell?
3140 228th Ln most recently sold on May 31, 2022 for $450,000.
What is the current tax assessment for 3140 228th Ln?
The most recent total assessment for 3140 228th Ln (year 2026) is $433,595 with $3,845 in property tax.
How does 3140 228th Ln's assessment compare to its last sale price?
The current assessment is 3.6% below the last sale price of $450,000.
When was 3140 228th Ln built?
3140 228th Ln was built in 2003.
How does 3140 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 3140 228th Ln?
3140 228th Ln is a 4 bed, 4 bath, 3,230 sqft, 15,682 sqft lot single_family.
Is 3140 228th Ln a flip candidate?
No — 3140 228th Ln does not appear in our flips dataset.
Is 3140 228th Ln a tax-appeal candidate?
No — 3140 228th 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
+0.7%
Implied 1-yr
+2.9%
2026 Q3
$431.7K
2026 Q4
$434.7K
ZIP 55005 — Median Price History + Forecast

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