40 Lakeview Ave
Tonka Bay, MN 55331
3 bd 2 ba 1,848 sqft Built 1920 Lot 11,326 sqft single_family
Most recent sale
$475,000
Aug 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 22, 2025 | Listing removed | $3,000 | NorthstarMLS |
| Apr 2, 2025 | Listed for rent | $3,000 | NorthstarMLS |
| Oct 24, 2024 | Listing removed | $3,000 | NorthstarMLS |
| Dec 18, 2023 | Price changed for rent | $2,800 | NorthstarMLS |
| Dec 4, 2023 | Listed for rent | $2,850 | NorthstarMLS |
| Oct 9, 2023 | Listed for rent | $2,900 | NorthstarMLS |
| Apr 28, 2023 | Sold | $465,000 | NorthstarMLS |
| Aug 19, 2022 | Sold | $475,000 | MLS #6222930 |
| Jun 26, 2022 | Price changed | $499,000 | MLS #6222930 |
| Jun 21, 2022 | Listed | $519,000 | MLS #6222930 |
| Jan 3, 2022 | Sold | $356,000 | Public Record |
| Nov 29, 2021 | Sold | $356,000 | MLS #6107571 |
| Oct 13, 2021 | Listed | $349,900 | MLS #6107571 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $232,800 | $223,200 | $456,000 | $4,968 |
| 2024 | $235,700 | $234,000 | $469,700 | $4,862 |
| 2020 | — | — | $285,400 | $3,444 |
| 2019 | — | — | $276,680 | $3,437 |
| 2018 | — | — | $272,320 | $3,251 |
| 2017 | — | — | $259,240 | $3,159 |
| 2016 | — | — | $248,340 | $2,776 |
| 2015 | — | — | $213,460 | $2,944 |
| 2014 | — | — | $227,630 | $2,748 |
| 2013 | — | — | $202,560 | $2,538 |
| 2012 | — | — | $192,750 | $2,547 |
| 2011 | — | — | $204,740 | $2,462 |
| 2010 | $112,000 | $113,000 | $225,000 | $2,401 |
| 2009 | $123,000 | $117,000 | $240,000 | $2,626 |
| 2008 | $135,000 | $135,000 | $270,000 | $2,618 |
| 2007 | $98,900 | $134,700 | $233,600 | $2,323 |
Property facts
Year built
1920
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,848 sqft
Lot size
11,326 sqft
ZIP code
55331
City
Tonka Bay
Street
Lakeview Ave
Coordinates
44.91572, -93.57917
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,772
Gross rental yield
7.00%
Implied cap rate
4.55%
Trend-extrapolated value
—
Frequently asked questions
When did 40 Lakeview Ave last sell?
40 Lakeview Ave most recently sold on Aug 19, 2022 for $475,000.
What is the current tax assessment for 40 Lakeview Ave?
The most recent total assessment for 40 Lakeview Ave (year 2025) is $456,000 with $4,968 in property tax.
How does 40 Lakeview Ave's assessment compare to its last sale price?
The current assessment is 4.0% below the last sale price of $475,000.
When was 40 Lakeview Ave built?
40 Lakeview Ave was built in 1920.
How does 40 Lakeview Ave compare to others on Lakeview Ave?
We track 8 other properties on Lakeview Ave. Browse the list under "Other properties on Lakeview Ave" to compare beds, baths, and sale history.
What are the property facts for 40 Lakeview Ave?
40 Lakeview Ave is a 3 bed, 2 bath, 1,848 sqft, 11,326 sqft lot single_family.
Is 40 Lakeview Ave a flip candidate?
Yes — 40 Lakeview Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 40 Lakeview Ave a tax-appeal candidate?
No — 40 Lakeview Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.5%
Implied 1-yr
-5.9%
2026 Q3
$1.05M
2026 Q4
$1.03M
ZIP 55331 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lakeview Ave