404 Lake St
Waconia, MN 55387
2 bd 2 ba 1,248 sqft Built 1984 Lot 18,382 sqft condos
Most recent sale
$550,900
Oct 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 19, 2022 | Sold | $550,900 | MLS #6257845 |
| Sep 7, 2022 | Listed | $549,900 | MLS #6257845 |
| Nov 7, 2014 | Sold | $388,000 | Public Record |
| Aug 3, 2011 | Sold | $279,000 | Public Record |
| Sep 30, 2008 | Sold | $272,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $245,600 | $275,000 | $520,600 | $6,626 |
| 2023 | $189,200 | $240,600 | $429,800 | $5,112 |
| 2020 | — | — | $331,400 | $4,104 |
| 2019 | — | — | $296,700 | $4,140 |
Property facts
Year built
1984
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,248 sqft
Lot size
18,382 sqft
ZIP code
55387
City
Waconia
Street
Lake St
Coordinates
44.85184, -93.77960
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
$1,872
Gross rental yield
4.08%
Implied cap rate
2.65%
Trend-extrapolated value
—
Frequently asked questions
When did 404 Lake St last sell?
404 Lake St most recently sold on Oct 19, 2022 for $550,900.
What is the current tax assessment for 404 Lake St?
The most recent total assessment for 404 Lake St (year 2025) is $520,600 with $6,626 in property tax.
How does 404 Lake St's assessment compare to its last sale price?
The current assessment is 5.5% below the last sale price of $550,900.
When was 404 Lake St built?
404 Lake St was built in 1984.
How does 404 Lake St compare to others on Lake St?
We track 8 other properties on Lake St. Browse the list under "Other properties on Lake St" to compare beds, baths, and sale history.
What are the property facts for 404 Lake St?
404 Lake St is a 2 bed, 2 bath, 1,248 sqft, 18,382 sqft lot condos.
Is 404 Lake St a flip candidate?
No — 404 Lake St does not appear in our flips dataset.
Is 404 Lake St a tax-appeal candidate?
No — 404 Lake St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-5.3%
Implied 1-yr
-21.1%
2026 Q3
$388.2K
2026 Q4
$357.1K
ZIP 55387 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake St