Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $3,104 (2025).

What school district is this property in?

This property is in the 194 - Lakeville school district.

Does this home have a garage?

Yes, this home has a 2-car garage.

How long has this property been on the market?

This property was listed for 88 days.

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Sold / Closed

$399,000

Sold price · Closed Jun 3, 2026

20550 Iceland Avenue, Lakeville, MN, 55044

4 Bedrooms2 Bathrooms1,788 Square Feet0.278 Acres

Days on market88

Year built1968

Garage spaces2

Potential $9,000buyer credit when you buy with SODL

About this home

Completely updated and move-in ready, this welcoming home at 20550 Iceland Ave features modern finishes throughout and a comfortable layout with three bedrooms on one level. Set in the desirable Lakeville School District and within walking distance to downtown Lakeville’s restaurants and shopping, this home also offers a large backyard—perfect for relaxing, play, or entertaining. A great opportunity to enjoy easy, modern living in the heart of Lakeville.

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1968

LevelsOne

Living area1,788 sqft

Above-grade finished1,008 sqft

Below-grade finished780 sqft

Lot size0.278 acres (135x90)

Days on market88

ListedJan 27, 2026

MLS #NST7011212

CountyDakota

SubdivisionGlenn Add

Parcel #223020000060

Facts & features

Interior

Bedrooms: 4
Bathrooms: 2
Bath breakdown: 2 full
Heating: Forced Air
Cooling: Central Air
Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer

Property

Levels / stories: One
Garage: 2 spaces · 420 sqft
Parking features: Attached Garage
Exterior features: Wood
Fencing: None
Lot size: 0.278 acres

Construction

Property type: Residential
Property subtype: Single Family
Foundation: Block · 1,008 sqft
Roof: Age Over 8 Years, Asphalt
Year built: 1968

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Natural Gas
Electric: Circuit Breakers

Community & HOA

Subdivision: Glenn Add
HOA: No HOA
School district: 194 - Lakeville
High school district: Lakeville

Financial & listing details

Annual tax: $3,104 (2025)
Listed: Jan 27, 2026
Days on market: 88
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths2

3/4 baths0

Half baths0

1/4 baths0

BasementBlock, Daylight/Lookout Windows, Egress Window(s), Finished, Full, Storage Space, Sump Pump

HeatingForced Air

CoolingCentral Air

LaundryIn Basement

AppliancesDishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer

DiningBreakfast Bar, Eat In Kitchen

AmenitiesKitchen Center Island, Kitchen Window, Main Floor Primary Bedroom, Paneled Doors, Washer/Dryer Hookup

AccessibilityNone

Special features3 BR on One Level

Exterior & lot

ExteriorWood

RoofAge Over 8 Years, Asphalt

FoundationBlock

Foundation area1,008 sqft

Road frontageCity Street, Paved Streets

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingAttached Garage

Garage spaces2

Garage size420 sqft

Financial details

Annual taxes$3,104

Tax year2025

Taxes w/ assessments3104

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District194 - Lakeville

District number194

District phone9522322000

High schoolLakeville

SODL flat fee brokerage

$9,000Estimated buyer credit

SODL platform fee $3,000Your buyer credit $9,000

Buyer-side commission

3.0%

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

Tour homes with SODL’s flexible showing network
Submit offers and manage your transaction through the platform
Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$2,494/mo

Principal & interest$2,102

Property taxes$259

Home insurance (est.)$133

Down payment

$80,000

0%50%

Credit score

Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

20550 Iceland Avenue, Lakeville, MN, 55044

Street View

Listing information

MLS #NST7011212

Last reported MLS statusClosed

MLS record updatedJun 4, 2026, 3:45 PM

Originally listedFeb 5, 2026, 12:00 AM

Listing officeLPT Realty, LLC

Co-listing officeLPT Realty, LLC

Status reflects the latest MLS record available to SODL, not independently confirmed current availability. Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.