Investment Opportunity in Prime Lakeville Location – 4BR/2BA – 1,700 Sq Ft
Unlock the potential of this spacious 4-bedroom, 2-bathroom home nestled in a desirable Lakeville neighborhood. Offering 1,700 square feet of living space across three well-designed levels, this property is ideal for investor opportunity. The home's multi-level layout provides functional separation of living spaces, with generous bedrooms, a comfortable living area, and ample storage throughout. With some cosmetic updates, this property can truly shine—whether as a long-term rental, flip, or even owner-occupied investment.
Located close to schools, parks, shopping, and major commuter routes, the location adds even more appeal for future homeowners. Don’t miss your chance to add this versatile Lakeville property to your portfolio!
Closed
$287,500
20814 Italy Ave, Lakeville, MN 55044
4beds
1,700sqft
Single Family Residence
Built in 1976
0.38 Acres Lot
$291,700 Zestimate®
$169/sqft
$2,557 Estimated rent
Home value
$291,700
$271,000 - $315,000
$2,557/mo
Zestimate® history
Owner options
List your home for rent
$2,557/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,557/mo
Rent Zestimate®
Refinance and save
$1,809/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,809/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Hope Palmer 612-859-4646,
Real Broker, LLC
Bought with:
Lori Oelrich
RE/MAX Results
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6795378
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Upper
- Area: 165 Square Feet
- Dimensions: 15x11
Bedroom 2
- Level: Upper
- Area: 121 Square Feet
- Dimensions: 11x11
Bedroom 3
- Level: Lower
- Area: 110 Square Feet
- Dimensions: 11x10
Deck
- Level: Main
- Area: 224 Square Feet
- Dimensions: 14x16
Dining room
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Family room
- Level: Lower
- Area: 299 Square Feet
- Dimensions: 23x13
Kitchen
- Level: Main
- Area: 99 Square Feet
- Dimensions: 9x11
Laundry
- Level: Lower
- Area: 56 Square Feet
- Dimensions: 8x7
Patio
- Level: Main
- Area: 81 Square Feet
- Dimensions: 9x9
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Lower Level, Laundry Room
Features
- Basement: Block,Egress Window(s),Finished,Sump Pump
- Has fireplace: No
Interior area
- Total structure area: 1,700
- Total interior livable area: 1,700 sqft
- Finished area above ground: 1,152
- Finished area below ground: 548
Property
Parking
- Total spaces: 2
- Parking features: Attached, Asphalt, Insulated Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Three Level Split
- Patio & porch: Deck, Patio
- Pool features: None
- Fencing: Chain Link,Full
Lot
- Size: 0.38 Acres
- Dimensions: 100 x 165 x 100 x 165
- Features: Tree Coverage - Medium
Details
- Additional structures: Storage Shed
- Foundation area: 1152
- Parcel number: 221775004010
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block
Condition
- New construction: No
- Year built: 1976
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Clays Acres
HOA
- Has HOA: No
Location
- Region: Lakeville
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $338,000
- Annual tax amount: $3,588
- Date on market: 9/29/2025
- Cumulative days on market: 7 days
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2025 | Sold | $287,500-4.1%$169/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6795378 Report a problem | ||
| 10/8/2025 | Pending sale | $299,900$176/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6795378 Report a problem | ||
| 9/30/2025 | Listed for sale | $299,900+93.5%$176/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6795378 Report a problem | ||
| 12/16/2011 | Sold | $155,000-3.1%$91/sqft |
Source: Public Record Report a problem | ||
| 5/29/2011 | Price change | $160,000+3.2%$94/sqft |
Source: EXIT Realty NEXUS #4012753 Report a problem | ||
| 4/13/2011 | Price change | $155,000-6.1%$91/sqft |
Source: EXIT Realty NEXUS #4012753 Report a problem | ||
| 4/1/2011 | Price change | $165,000-5.7%$97/sqft |
Source: EXIT Realty NEXUS #4012753 Report a problem | ||
| 3/30/2011 | Price change | $175,000-7.4%$103/sqft |
Source: EXIT Realty NEXUS #4012753 Report a problem | ||
| 3/16/2011 | Price change | $189,000-5.5%$111/sqft |
Source: EXIT Realty NEXUS #4012753 Report a problem | ||
| 2/11/2011 | Listed for sale | $200,000-12.9%$118/sqft |
Source: EXIT Realty NEXUS #4012753 Report a problem | ||
| 5/12/2008 | Sold | $229,500+34.2%$135/sqft |
Source: Public Record Report a problem | ||
| 6/14/2001 | Sold | $171,000+40.3%$101/sqft |
Source: Public Record Report a problem | ||
| 10/29/1996 | Sold | $121,900$72/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,054 +1.6% | $338,000 +1.1% |
| 2023 | $3,990 +4.6% | $334,200 +3.8% |
| 2022 | $3,814 +4.6% | $322,100 +13.8% |
| 2021 | $3,646 +4.6% | $283,000 +14.6% |
| 2020 | $3,484 -2.8% | $247,032 -3% |
| 2019 | $3,586 | $254,800 +7.6% |
| 2018 | $3,586 +10.4% | $236,700 +9.3% |
| 2017 | $3,249 +7% | $216,600 +5.6% |
| 2016 | $3,038 +4% | $205,200 +11.4% |
| 2015 | $2,920 -3.7% | $184,248 +7% |
| 2014 | $3,031 +9% | $172,258 +8.4% |
| 2013 | $2,780 +30.4% | $158,960 |
| 2012 | $2,131 -2% | -- |
| 2011 | $2,175 -2.9% | -- |
| 2010 | $2,239 -1.4% | -- |
| 2009 | $2,271 -2.1% | -- |
| 2008 | $2,319 +4% | -- |
| 2007 | $2,229 +5.5% | -- |
| 2006 | $2,112 +24.2% | -- |
| 2004 | $1,701 +13.2% | -- |
| 2003 | $1,503 +13.8% | -- |
| 2002 | $1,321 -23.9% | -- |
| 2001 | $1,737 | -- |
Find assessor info on the county website
Neighborhood: 55044
Nearby homes
- $361,8004 bd2 ba1.7k sqft20814 Italy Ave S, Lakeville, MN 55044Off Market
- $389,5005 bd2 ba1.3k sqft20828 Italy Ave, Lakeville, MN 55044Off Market
- $501,7003 bd2 ba1.6k sqft20815 Isle Ave, Lakeville, MN 55044Off Market
- $490,7004 bd3 ba1.7k sqft9789 208th St W, Lakeville, MN 55044Off Market
- $475,9005 bd2 ba2.5k sqft9757 208th St W, Lakeville, MN 55044Off Market
- $432,8004 bd2 ba1.3k sqft20842 Italy Ave, Lakeville, MN 55044Off Market
- $405,0005 bd3 ba2.2k sqft20815 Italy Ave, Lakeville, MN 55044Sold
- $493,4003 bd4 ba3k sqft9725 208th St W, Lakeville, MN 55044Off Market
Nearby schools
GreatSchools rating
- 8/10Lakeview Elementary SchoolGrades: K-5Distance: 0.4 mi
- 7/10McGuire Middle SchoolGrades: 6-8Distance: 1.1 mi
- 10/10Lakeville South High SchoolGrades: 9-12Distance: 0.5 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$291,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$291,700
- Minnesota
- Dakota County
- Lakeville
- 55044
- 20814 Italy Ave
Nearby cities
Nearby zip codes
Other Lakeville Topics
