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225 Manitoba Ave

Wayzata, MN 55391

3 bd 2 ba 1,689 sqft Built 1927 Lot 7,841 sqft single_family
Most recent sale
$1,450,000
Jun 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 24, 2022 Sold $1,450,000 Public Record
Jan 13, 2022 Sold $1,060,000 MLS #6124483
Nov 5, 2021 Listed $949,000 MLS #6124483
Oct 18, 2021 Price changed for rent $3,200 RentFeeder
Oct 1, 2021 Listed for rent $3,400 RentFeeder
Nov 8, 2001 Sold $330,000 Public Record
Dec 7, 1993 Sold $90,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $188,600 $710,000 $898,600 $10,411
2024 $192,300 $700,000 $892,300 $9,917
2023 $177,000 $490,000 $667,000 $7,354
2022 $150,000 $490,000 $640,000 $7,912
2021 $143,000 $467,000 $610,000 $7,470
2020 $143,000 $467,000 $610,000 $7,122
2019 $233,000 $334,000 $567,000 $6,560
2018 $223,000 $304,000 $527,000 $6,673
2017 $223,000 $304,000 $527,000 $5,906
2016 $215,000 $255,000 $470,000 $5,863
2015 $219,000 $232,000 $451,000 $5,728
2014 $208,000 $220,000 $428,000 $5,430
2013 $193,000 $205,000 $398,000 $5,348
2012 $192,000 $205,000 $397,000 $5,268
2011 $201,000 $205,000 $406,000 $4,995
2010 $201,000 $205,000 $406,000 $4,723
2009 $225,000 $190,000 $415,000 $3,965
2008 $198,500 $167,700 $366,200 $3,339
2007 $138,500 $131,000 $269,500 $2,875

Property facts

Year built
1927
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,689 sqft
Lot size
7,841 sqft
ZIP code
55391
City
Wayzata
Street
Manitoba Ave
Coordinates
44.97155, -93.51619

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$8,700
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 225 Manitoba Ave last sell?
225 Manitoba Ave most recently sold on Jun 24, 2022 for $1,450,000.
What is the current tax assessment for 225 Manitoba Ave?
The most recent total assessment for 225 Manitoba Ave (year 2025) is $898,600 with $10,411 in property tax.
How does 225 Manitoba Ave's assessment compare to its last sale price?
The current assessment is 38.0% below the last sale price of $1,450,000.
When was 225 Manitoba Ave built?
225 Manitoba Ave was built in 1927.
How does 225 Manitoba Ave compare to others on Manitoba Ave?
We track 4 other properties on Manitoba Ave. Browse the list under "Other properties on Manitoba Ave" to compare beds, baths, and sale history.
What are the property facts for 225 Manitoba Ave?
225 Manitoba Ave is a 3 bed, 2 bath, 1,689 sqft, 7,841 sqft lot single_family.
Is 225 Manitoba Ave a flip candidate?
Yes — 225 Manitoba Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 225 Manitoba Ave a tax-appeal candidate?
No — 225 Manitoba Ave 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
+6.7%
Implied 1-yr
+26.8%
2026 Q3
$2.76M
2026 Q4
$2.89M
ZIP 55391 — Median Price History + Forecast

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