4940 Underwood Ln
Plymouth, MN 55442
2 bd 3 ba 1,796 sqft Built 2005 Lot 22,782 sqft townhomes
Most recent sale
$313,000
Jul 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 11, 2026 | Price changed | $290,000 | NorthstarMLS |
| Apr 1, 2026 | Listed | $300,000 | NorthstarMLS |
| Jul 22, 2022 | Sold | $313,000 | MLS #6224347 |
| Jun 23, 2022 | Listed | $310,000 | MLS #6224347 |
| Jun 11, 2018 | Sold | $232,500 | Public Record |
| May 23, 2008 | Sold | $189,000 | Public Record |
| Nov 15, 2006 | Sold | $216,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $286,500 | $10,000 | $296,500 | $3,347 |
| 2023 | $286,000 | $13,000 | $299,000 | $3,354 |
| 2022 | $232,000 | $20,000 | $252,000 | $3,091 |
| 2021 | $211,000 | $14,000 | $225,000 | $2,772 |
| 2020 | $211,000 | $14,000 | $225,000 | $2,878 |
| 2019 | $176,000 | $50,000 | $226,000 | $2,846 |
| 2018 | — | — | $209,100 | $2,478 |
| 2017 | — | — | $180,760 | $2,539 |
| 2016 | — | — | $180,760 | $2,515 |
| 2015 | — | — | $168,770 | $1,955 |
| 2014 | — | — | $128,113 | $1,563 |
| 2013 | — | — | $94,759 | $1,539 |
| 2012 | — | — | $95,958 | $1,828 |
| 2011 | — | — | $118,848 | $1,784 |
| 2010 | $117,200 | $26,000 | $143,200 | $2,657 |
| 2009 | $161,400 | $58,000 | $219,400 | $2,681 |
| 2008 | $169,600 | $58,000 | $227,600 | $2,624 |
| 2007 | $165,000 | $55,000 | $220,000 | $2,537 |
Property facts
Year built
2005
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
1,796 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 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,694
Gross rental yield
10.33%
Implied cap rate
6.71%
Trend-extrapolated value
—
Frequently asked questions
When did 4940 Underwood Ln last sell?
4940 Underwood Ln most recently sold on Jul 22, 2022 for $313,000.
What is the current tax assessment for 4940 Underwood Ln?
The most recent total assessment for 4940 Underwood Ln (year 2024) is $296,500 with $3,347 in property tax.
How does 4940 Underwood Ln's assessment compare to its last sale price?
The current assessment is 5.3% below the last sale price of $313,000.
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 2 bed, 3 bath, 1,796 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 valuationQuarterly trend
+3.3%
Implied 1-yr
+13.1%
2026 Q1
$1.14M
2026 Q2
$1.14M
ZIP 55442 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Underwood Ln