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4940 Underwood Ln

Plymouth, MN 55442

3 bd 3 ba 1,908 sqft Built 2005 Lot 22,782 sqft townhomes
Most recent sale
$325,000
Jun 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2023 Listed for rent $2,495 AppfolioUnits
Jul 21, 2023 Listed for rent $2,495 AppfolioUnits
Jun 26, 2022 Price changed for rent $2,495 AppfolioUnits
Jun 22, 2022 Price changed for rent $2,595 AppfolioUnits
Jun 21, 2022 Sold $325,000 Public Record
Jun 19, 2022 Price changed for rent $2,795 AppfolioUnits
Jun 15, 2022 Listed for rent $2,995 AppfolioUnits
Jun 10, 2022 Sold $325,000 MLS #6198444
May 19, 2022 Listed $325,000 MLS #6198444
Mar 23, 2021 Listing removed $2,195 NorthstarMLS
Aug 31, 2020 Sold $295,000 Public Record
Apr 16, 2018 Sold $230,000 Public Record
Nov 29, 2012 Sold $180,000 Public Record
Jun 13, 2011 Listing removed $239,900 NorthstarMLS
Nov 28, 2009 Price changed $244,900 MLS #3853991
Nov 6, 2009 Listed $254,900 MLS #3853991
Dec 28, 2006 Sold $249,361 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $301,800 $10,000 $311,800 $3,661
2024 $300,400 $10,000 $310,400 $3,504
2020 $215,640 $2,828
2019 $218,910 $3,218
2018 $237,440 $2,810
2017 $205,830 $2,878
2016 $205,830 $2,859
2015 $192,750 $2,230
2014 $147,079 $1,825
2013 $111,763 $1,795
2012 $113,071 $2,106
2011 $137,923 $2,047
2010 $134,700 $26,000 $160,700 $2,942
2009 $167,000 $73,000 $240,000 $2,984
2008 $177,100 $73,000 $250,100 $3,076
2007 $200,000 $70,000 $270,000 $3,288

Property facts

Year built
2005
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,908 sqft
Lot size
22,782 sqft
ZIP code
55442
City
Plymouth
Street
Underwood Ln
Coordinates
45.04335, -93.44852

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
$2,862
Gross rental yield
10.57%
Implied cap rate
6.87%
Trend-extrapolated value

Frequently asked questions

When did 4940 Underwood Ln last sell?
4940 Underwood Ln most recently sold on Jun 21, 2022 for $325,000.
What is the current tax assessment for 4940 Underwood Ln?
The most recent total assessment for 4940 Underwood Ln (year 2025) is $311,800 with $3,661 in property tax.
How does 4940 Underwood Ln's assessment compare to its last sale price?
The current assessment is 4.1% below the last sale price of $325,000.
When was 4940 Underwood Ln built?
4940 Underwood Ln was built in 2005.
How does 4940 Underwood Ln compare to others on Underwood Ln?
We track 8 other properties on Underwood Ln. Browse the list under "Other properties on Underwood Ln" to compare beds, baths, and sale history.
What are the property facts for 4940 Underwood Ln?
4940 Underwood Ln is a 3 bed, 3 bath, 1,908 sqft, 22,782 sqft lot townhomes.
Is 4940 Underwood Ln a flip candidate?
No — 4940 Underwood Ln does not appear in our flips dataset.
Is 4940 Underwood Ln a tax-appeal candidate?
No — 4940 Underwood 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
+3.3%
Implied 1-yr
+13.1%
2026 Q1
$1.14M
2026 Q2
$1.14M
ZIP 55442 — Median Price History + Forecast

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