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120 Addison Way

Big Lake, MN 55309

5 bd 3 ba 2,540 sqft Built 2002 Lot 11,761 sqft single_family
Most recent sale
$365,000
Jun 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 8, 2022 Sold $365,000 MLS #6175963
May 1, 2022 Price changed $364,900 MLS #6175963
Apr 13, 2022 Listed $374,900 MLS #6175963
Mar 30, 2011 Sold $153,700 MLS #3968583
Dec 8, 2010 Price changed $160,000 MLS #3968583
Oct 22, 2010 Price changed $170,000 MLS #3968583
Oct 8, 2010 Price changed $180,000 MLS #3968583
Sep 28, 2010 Price changed $190,000 MLS #3968583
Sep 18, 2010 Price changed $200,000 MLS #3968583
Sep 8, 2010 Listed $210,000 MLS #3968583
Jan 24, 2005 Sold $236,500 Public Record
Sep 14, 2004 Sold $198,000 Public Record
Feb 5, 2003 Sold $219,000 Public Record
Jun 5, 2002 Sold $206,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $251,256 $79,007 $330,263 $4,156
2023 $254,734 $66,418 $321,152 $4,084
2022 $209,610 $45,270 $254,880 $3,780
2021 $187,902 $36,458 $224,360 $3,460
2020 $177,601 $33,352 $210,953 $3,378
2019 $167,615 $30,367 $197,982 $3,226
2018 $157,502 $27,400 $184,902 $3,156
2017 $142,129 $24,134 $166,263 $2,958
2016 $141,800 $25,600 $167,400 $2,958
2015 $137,700 $25,500 $163,200 $2,736
2014 $111,200 $24,400 $135,600 $3,872
2013 $111,200 $24,400 $135,600 $2,386
2012 $118,800 $26,800 $145,600 $2,436
2011 $137,200 $40,600 $177,800 $2,378
2010 $137,200 $40,600 $177,800 $2,682
2009 $155,300 $56,700 $212,000 $2,508
2008 $163,500 $59,400 $222,900 $2,618
2007 $163,500 $54,300 $217,800 $2,548

Property facts

Year built
2002
Property type
single_family
Stories
1
Beds
5
Baths
3
Living area
2,540 sqft
Lot size
11,761 sqft
ZIP code
55309
City
Big Lake
Street
Addison Way
Coordinates
45.35916, -93.75413

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,810
Gross rental yield
12.53%
Implied cap rate
8.14%
Trend-extrapolated value

Frequently asked questions

When did 120 Addison Way last sell?
120 Addison Way most recently sold on Jun 8, 2022 for $365,000.
What is the current tax assessment for 120 Addison Way?
The most recent total assessment for 120 Addison Way (year 2025) is $330,263 with $4,156 in property tax.
How does 120 Addison Way's assessment compare to its last sale price?
The current assessment is 9.5% below the last sale price of $365,000.
When was 120 Addison Way built?
120 Addison Way was built in 2002.
How does 120 Addison Way compare to others on Addison Way?
We track 8 other properties on Addison Way. Browse the list under "Other properties on Addison Way" to compare beds, baths, and sale history.
What are the property facts for 120 Addison Way?
120 Addison Way is a 5 bed, 3 bath, 2,540 sqft, 11,761 sqft lot single_family.
Is 120 Addison Way a flip candidate?
No — 120 Addison Way does not appear in our flips dataset.
Is 120 Addison Way a tax-appeal candidate?
No — 120 Addison 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
+1.1%
Implied 1-yr
+4.5%
2026 Q3
$400.1K
2026 Q4
$404.3K
ZIP 55309 — Median Price History + Forecast

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