Property Address: Property ID: 3202924440010
2622 LAKE ST W 55416
Valuation History
Estimated Market Value
Year Homestead Exempt TOH* Land Building Machinery Total Total Taxable Value
2021 0%    Current Taxable Value
2020 0%    $2,890,800 $43,254,200 $46,145,000 $0
2019 0%    $44,800,000 $44,800,000
2018 0%    $2,890,800 $42,609,200 $45,500,000 $45,500,000
2017 0%    $2,529,400 $40,820,600 $43,350,000 $43,350,000
2016 0%    $3,300,000 $9,200,000 $12,500,000 $12,500,000
2015 0%    $1,875,000 $1,875,000 $1,875,000
2014 0%    $1,875,000 $1,875,000 $1,875,000
2013 0%    $1,875,000 $1,875,000 $1,875,000
2012 0%    $1,875,000 $1,875,000 $1,875,000
Tax Exemption
-- No tax exemptions found for this property--
Sales History
Date Seller Buyer Price
2015-02-17 The Lakes LTD Partnership 2622 West Lake Holdings LLC $5,243,336
1990-05-01 Mutual Service Life Insurance Co. Lakes Limited Partnership $2,325,000

* Explanation of TOH

"This Old House" (M.S. 273.11, Subd. 16): This applies only to homestead property with structures 45 years of age or older and valued at less than $400,000. Improvements that increase the estimated market value by $5,000 or more may some of the value exempted. Only improvements made before Jan. 2, 2003, and first assessed before or during the 2003 assessment will qualify for this exclusion. Value that has been deferred for 10 years will begin to be phased in with the 2004 assessment. More information on the is available at the Minneapolis Assessor's Office.