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Sold for $545,000
    • $545,000

    3116 Lake St W #227, Minneapolis, MN 55416

    2beds
    1,662sqft
    Apartment
    Built in 2007
    -- sqft lot
    $503,300 Zestimate®
    $328/sqft
    $3,072 Estimated rent

    Home value

    $503,300

    $473,000 - $533,000

    $3,072/mo

    Zestimate® history
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    Rent Zestimate®

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    What's special

    3116 Lake St W #227, Minneapolis, MN 55416 is a apartment home that contains 1,662 sq ft and was built in 2007. It contains 2 bedrooms and 2 bathrooms. This home last sold for $545,000 in March 2024. The Zestimate for this house is $503,300. The Rent Zestimate for this home is $3,072/mo.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Heating
    • Forced air
    Cooling
    • Central
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 1,662 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: None
    Features
    • Exterior features: Stone, Brick
    Lot
    • Size: 2.14 Acres
    Details
    • Parcel number: 3202924340581

    Construction

    Type & style
    • Home type: Apartment
    Materials
    • Wood
    • Roof: Asphalt
    Condition
    • Year built: 2007

    Community & HOA

    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $328/sqft
    • Tax assessed value: $412,000
    • Annual tax amount: $6,108

    Price history

    DateEventPrice
    3/1/2024Sold$545,000+16931.3%$328/sqft
    Source: Public Record Report a problem
    4/7/2023Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID #6343592 Report a problem
    3/17/2023Listed for rent$2,995-7.8%$2/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6343592 Report a problem
    3/17/2023Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID #6336567 Report a problem
    10/31/2022Price change$3,250+10.2%$2/sqft
    Source: Zillow Rental Network Premium #6302648 Report a problem
    10/27/2022Price change$2,950-1.7%$2/sqft
    Source: Zillow Rental Manager Report a problem
    10/21/2022Price change$3,000-3.2%$2/sqft
    Source: Zillow Rental Manager Report a problem
    10/17/2022Listed for rent$3,100-5.9%$2/sqft
    Source: Zillow Rental Manager Report a problem
    4/7/2020Listing removed$3,295$2/sqft
    Source: DRG #5504194 Report a problem
    3/12/2020Listed for rent$3,295+11.7%$2/sqft
    Source: DRG #5504194 Report a problem
    2/20/2018Listing removed$2,950$2/sqft
    Source: Downtown Resource Group, LLC #4882949 Report a problem
    12/6/2017Price change$2,950-7.8%$2/sqft
    Source: Downtown Resource Group, LLC #4882949 Report a problem
    10/9/2017Listed for rent$3,200-1.5%$2/sqft
    Source: Downtown Resource Group, LLC #4882949 Report a problem
    6/1/2016Sold$3,200+16.4%$2/sqft
    Source: Agent Provided Report a problem
    4/15/2016Listing removed$3,250+18.2%$2/sqft
    Source: Downtown Resource Group, LLC #4697619 Report a problem
    6/1/2014Sold$2,750$2/sqft
    Source: Agent Provided Report a problem
    5/2/2014Listing removed$2,750$2/sqft
    Source: Downtown Resource Group, LLC #4470745 Report a problem
    4/24/2014Listed for rent$2,750$2/sqft
    Source: Downtown Resource Group, LLC #4470745 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,108 +13.2%$412,000
    2024$5,393 -2.7%$412,000 -0.5%
    2023$5,545 -1.7%$414,000 -1.9%
    2022$5,640 +3.1%$422,000 +3.7%
    2021$5,470 -7.7%$407,000 -0.4%
    2020$5,924 +8.3%$408,500
    2019$5,470 -7.7%$408,500 +3%
    2018$5,924 +6.4%$396,500 +12.6%
    2017$5,567 +2.7%$352,000 +4.6%
    2016$5,418 +1.4%$336,500 +7.9%
    2015$5,344 +2.8%$312,000 +4%
    2014$5,197 -15.4%$300,000 -12.4%
    2013$6,147 -5%$342,500 -8.3%
    2012$6,473 -1.2%$373,500 -5.2%
    2011$6,551 +5%$394,000 -8%
    2010$6,239 -6.4%$428,200 -5.3%
    2009$6,662 $452,200
    Find assessor info on the county website

    Neighborhood: Cedar-Isles-Dean

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    Estimated market value
    $503,300
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    Estimated market value
    $503,300

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