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  • $470,000

    308 W Iowa St, Lake City, MN 55041

    4beds
    3,717sqft
    Townhouse Side x Side
    Built in 2003
    8,276 Square Feet Lot
    $478,600 Zestimate®
    $126/sqft
    $3,219 Estimated rent

    Home value

    $478,600

    Estimated sales range

    Not available

    $3,219/mo

    Zestimate® history
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    What's special

    Third gas fireplaceFenced backyardRich wood floorsNew flooringCozy gas fireplaceHeated floorsBright open main level
    Gorgeous 4-Bed, 3-Bath Townhome Just 2 Blocks from Lake Pepin – No HOA! This beautifully updated townhome offers the perfect mix of comfort, space, and location—with no HOA fees and just two blocks from Lake Pepin. Thoughtfully refreshed throughout with new flooring, lighting, appliances, furnace, and fresh paint, it’s truly move-in ready. Step inside to a bright, open main level featuring vaulted ceilings, rich wood floors, and a cozy gas fireplace that anchors the spacious living and dining area. The updated kitchen is both stylish and functional, with high-end stainless steel appliances, eye-catching new countertops and backsplash, and plenty of cabinet space. Enjoy your morning coffee or unwind in the evening on the large deck just off the dining area. The main floor also includes two bedrooms, including a serene primary suite complete with its own gas fireplace, walk-in closet, heated floors, a jetted soaking tub, and separate walk-in shower. The convenient main floor laundry/mudroom adds even more storage and everyday function. The fully finished lower level is perfect for entertaining or multi-generational living, offering a large family room, second kitchen, third gas fireplace, two more bedrooms, a full bath, media room, and ample storage space. Outside, you’ll find a fenced backyard, a storage shed, and a heated, insulated garage. With tasteful upgrades throughout and a prime location near the lake, this townhome checks all the boxes.

    Zillow last checked:

    Listing updated:

    Listed by:

    Vicki Krage 651-380-8516,

    Lakeshore Real Estate Krage & Associates, LLC.,

    Erika Blim 651-380-0151

    Bought with:

    Vicki Krage

    Lakeshore Real Estate Krage & Associates, LLC.

    Erika Blim

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6739141MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Bedroom
    • Level: Main
    • Area: 240 Square Feet
    • Dimensions: 15 x 16
    Bedroom 2
    • Level: Main
    • Area: 138 Square Feet
    • Dimensions: 11.5 x 12
    Bedroom 3
    • Level: Lower
    • Area: 157.5 Square Feet
    • Dimensions: 15 x 10.5
    Bedroom 4
    • Level: Lower
    • Area: 172.5 Square Feet
    • Dimensions: 11.5 x 15
    Primary bathroom
    • Level: Main
    • Area: 210 Square Feet
    • Dimensions: 15 x 14
    Bathroom
    • Level: Main
    Bathroom
    • Level: Lower
    Deck
    • Level: Main
    Dining room
    • Level: Main
    • Area: 70 Square Feet
    • Dimensions: 14 x 5
    Family room
    • Level: Lower
    • Area: 378 Square Feet
    • Dimensions: 13.5 x 28
    Foyer
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 10 x 11
    Garage
    • Level: Main
    Kitchen
    • Level: Main
    • Area: 345 Square Feet
    • Dimensions: 15 x 23
    Kitchen 2nd
    • Level: Lower
    • Area: 90 Square Feet
    • Dimensions: 10 x 9
    Laundry
    • Level: Main
    • Area: 224.75 Square Feet
    • Dimensions: 15.5 x 14.5
    Living room
    • Level: Main
    • Area: 290.25 Square Feet
    • Dimensions: 13.5 x 21.5
    Media room
    • Level: Lower
    • Area: 330 Square Feet
    • Dimensions: 22 x 15
    Storage
    • Level: Main
    • Area: 315 Square Feet
    • Dimensions: 21 x 15
    Heating
    • Forced Air, Fireplace(s), In-Floor Heating
    Cooling
    • Central Air
    Appliances
    • Included: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Rented
    • Laundry: Laundry Room, Main Level
    Features
    • Basement: Block,Daylight,Finished,Storage Space
    • Number of fireplaces: 3
    • Fireplace features: Family Room, Gas, Living Room, Primary Bedroom
    Interior area
    • Total structure area: 3,717
    • Total interior livable area: 3,717 sqft
    • Finished area above ground: 2,016
    • Finished area below ground: 1,701

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Concrete, Garage Door Opener, Insulated Garage
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions (22 x 26)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Patio
    • Fencing: Vinyl
    Lot
    • Size: 8,276 Square Feet
    • Dimensions: 55 x 150
    • Features: Tree Coverage - Medium
    Details
    • Additional structures: Storage Shed
    • Foundation area: 2016
    • Parcel number: R220218300
    • Zoning description: Residential-Multi-Family,Residential-Single Family

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse Side x Side
    • Attached to another structure: Yes
    Materials
    • Block, Frame
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 2003

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: South Oak Ridge Twnhms
    HOA
    • Has HOA: No
    Location
    • Region: Lake City

    Financial & listing details

    • Price per square foot: $126/sqft
    • Tax assessed value: $464,800
    • Annual tax amount: $5,310
    • Date on market: 6/18/2025
    • Cumulative days on market: 76 days
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/10/2025Sold$470,000-1.1%$126/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6739141 Report a problem
    9/2/2025Pending sale$475,000$128/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6739141 Report a problem
    8/6/2025Price change$475,000-2.1%$128/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6739141 Report a problem
    7/4/2025Price change$485,000-2.8%$130/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6739141 Report a problem
    6/18/2025Listed for sale$499,000+19.1%$134/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6739141 Report a problem
    4/27/2022Sold$419,000+1%$113/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6155074 Report a problem
    2/28/2022Pending sale$415,000$112/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6155074 Report a problem
    2/25/2022Listed for sale$415,000+66%$112/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6155074 Report a problem
    8/31/2015Sold$250,000-16.6%$67/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5086892 Report a problem
    4/9/2015Listing removed$299,900$81/sqft
    Source: Meincke-Schurhammer Real Estate, LLC #4053495 Report a problem
    12/16/2014Price change$299,900-14.3%$81/sqft
    Source: Meincke-Schurhammer Real Estate, LLC #4053495 Report a problem
    10/22/2014Price change$350,000-6.7%$94/sqft
    Source: Meincke-Schurhammer Real Estate, LLC #4053495 Report a problem
    5/10/2014Listed for sale$375,000$101/sqft
    Source: Meincke-Schurhammer Real Estate, LLC #4053495 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,612 +5.7%$464,800 +8%
    2024$5,310 +7.9%$430,400 +18%
    2023$4,920 +10.5%$364,900 +22.6%
    2022$4,452 +9.4%$297,700
    2021$4,068 -0.9%$297,700 +9.4%
    2020$4,106 +2.1%$272,100 -0.5%
    2019$4,022 $273,500 +4.5%
    2018$4,022 0%$261,800 -0.5%
    2017$4,024 +8.5%$263,100
    2016$3,710 --
    2015$3,710 -2.2%--
    2012$3,792 --
    2011-- --
    2010-- --
    Find assessor info on the county website

    Neighborhood: 55041

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $478,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $478,600