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12898 Essex Way

Apple Valley, MN 55124

4 bd 4 ba 2,916 sqft Built 1987 Lot 13,504 sqft single_family
Most recent sale
$450,000
Oct 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 7, 2022 Sold $450,000 MLS #6240649
Jul 28, 2022 Listed $450,000 MLS #6240649
Jul 2, 2022 Listed $483,000 MLS #6229832
Jun 16, 2022 Listed $495,000 MLS #6221161

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $373,207 $105,296 $478,503 $5,642
2023 $348,100 $102,700 $450,800 $4,796
2022 $279,736 $88,395 $368,131 $4,298
2021 $275,894 $84,062 $359,956 $4,302
2020 $275,894 $84,062 $359,956 $4,280
2019 $267,039 $79,728 $346,767 $4,017
2018 $264,053 $75,738 $339,791 $3,860
2017 $239,786 $71,556 $311,342 $4,087
2016 $244,151 $68,172 $312,323 $3,929
2015 $229,875 $66,425 $296,300 $3,556
2014 $206,185 $63,301 $269,486 $3,549
2013 $191,483 $57,947 $249,430 $3,417
2012 $181,977 $55,790 $237,767 $3,500
2011 $194,689 $59,319 $254,008 $3,282
2009 $231,800 $76,800 $308,600 $3,409
2008 $231,800 $76,800 $308,600 $3,387
2007 $237,500 $76,800 $314,300 $3,421

Property facts

Year built
1987
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,916 sqft
Lot size
13,504 sqft
ZIP code
55124
City
Apple Valley
Street
Essex Way
Coordinates
44.76218, -93.17641

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,374
Gross rental yield
11.66%
Implied cap rate
7.58%
Trend-extrapolated value

Frequently asked questions

When did 12898 Essex Way last sell?
12898 Essex Way most recently sold on Oct 7, 2022 for $450,000.
What is the current tax assessment for 12898 Essex Way?
The most recent total assessment for 12898 Essex Way (year 2025) is $478,503 with $5,642 in property tax.
How does 12898 Essex Way's assessment compare to its last sale price?
The current assessment is 6.3% above the last sale price of $450,000.
When was 12898 Essex Way built?
12898 Essex Way was built in 1987.
How does 12898 Essex Way compare to others on Essex Way?
We track 3 other properties on Essex Way. Browse the list under "Other properties on Essex Way" to compare beds, baths, and sale history.
What are the property facts for 12898 Essex Way?
12898 Essex Way is a 4 bed, 4 bath, 2,916 sqft, 13,504 sqft lot single_family.
Is 12898 Essex Way a flip candidate?
No — 12898 Essex Way does not appear in our flips dataset.
Is 12898 Essex Way a tax-appeal candidate?
No — 12898 Essex Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.8%
Implied 1-yr
-3.3%
2026 Q3
$337.9K
2026 Q4
$334.9K
ZIP 55124 — Median Price History + Forecast

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