408 Parkers Lake Rd
Wayzata, MN 55391
2 bd 2 ba 1,903 sqft Built 2005 Lot 371,520 sqft condo
Most recent sale
$665,000
Jul 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 8, 2022 | Sold | $660,000 | Public Record |
| Jul 7, 2022 | Sold | $665,000 | MLS #6224692 |
| Jun 22, 2022 | Listed | $600,000 | MLS #6224692 |
| Sep 17, 2015 | Listing removed | $557,000 | NorthstarMLS |
| Mar 16, 2012 | Listing removed | $599,000 | NorthstarMLS |
| Feb 2, 2011 | Sold | $395,000 | Public Record |
| Jan 19, 2011 | Listing removed | $445,000 | NorthstarMLS |
| Aug 12, 2010 | Price changed | $445,000 | MLS #3891216 |
| Mar 4, 2010 | Listed | $557,000 | MLS #3891216 |
| Nov 13, 2006 | Listed | $557,000 | MLS #3294045 |
| Aug 13, 2005 | Listed | $599,000 | MLS #3250971 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $501,900 | $99,000 | $600,900 | $7,716 |
| 2024 | $526,300 | $99,000 | $625,300 | $7,675 |
| 2023 | $444,500 | $99,000 | $543,500 | $6,573 |
| 2022 | $412,800 | $90,000 | $502,800 | $6,704 |
| 2021 | $387,700 | $90,000 | $477,700 | $6,335 |
| 2020 | $387,700 | $90,000 | $477,700 | $6,451 |
| 2019 | $378,800 | $90,000 | $468,800 | $6,243 |
| 2018 | $366,400 | $90,000 | $456,400 | $5,662 |
| 2017 | $314,800 | $90,000 | $404,800 | $5,227 |
| 2016 | — | — | $375,826 | $5,339 |
| 2015 | — | — | $378,551 | $5,137 |
| 2014 | — | — | $354,898 | $5,715 |
| 2013 | $336,500 | $50,000 | $386,500 | $5,634 |
| 2012 | $336,500 | $50,000 | $386,500 | $6,410 |
| 2011 | $404,700 | $50,000 | $454,700 | $6,195 |
| 2010 | $413,700 | $50,000 | $463,700 | $6,068 |
| 2009 | $438,100 | $50,000 | $488,100 | $5,866 |
| 2008 | $448,000 | $50,000 | $498,000 | $5,580 |
Property facts
Year built
2005
Property type
condo
Stories
—
Beds
2
Baths
2
Living area
1,903 sqft
Lot size
371,520 sqft
ZIP code
55391
City
Wayzata
Street
Parkers Lake Rd
Coordinates
44.97578, -93.47293
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
$2,855
Gross rental yield
5.15%
Implied cap rate
3.35%
Trend-extrapolated value
—
Frequently asked questions
When did 408 Parkers Lake Rd last sell?
408 Parkers Lake Rd most recently sold on Jul 7, 2022 for $665,000.
What is the current tax assessment for 408 Parkers Lake Rd?
The most recent total assessment for 408 Parkers Lake Rd (year 2025) is $600,900 with $7,716 in property tax.
How does 408 Parkers Lake Rd's assessment compare to its last sale price?
The current assessment is 9.6% below the last sale price of $665,000.
When was 408 Parkers Lake Rd built?
408 Parkers Lake Rd was built in 2005.
How does 408 Parkers Lake Rd compare to others on Parkers Lake Rd?
We track 8 other properties on Parkers Lake Rd. Browse the list under "Other properties on Parkers Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 408 Parkers Lake Rd?
408 Parkers Lake Rd is a 2 bed, 2 bath, 1,903 sqft, 371,520 sqft lot condo.
Is 408 Parkers Lake Rd a flip candidate?
No — 408 Parkers Lake Rd does not appear in our flips dataset.
Is 408 Parkers Lake Rd a tax-appeal candidate?
No — 408 Parkers Lake Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.7%
Implied 1-yr
+26.8%
2026 Q3
$2.76M
2026 Q4
$2.89M
ZIP 55391 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Parkers Lake Rd