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8318 16th Ave

Bloomington, MN 55425

4 bd 2 ba 2,472 sqft Built 1948 Lot 10,890 sqft single_family
Most recent sale
$365,000
Apr 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 12, 2022 Sold $365,000 MLS #6151268
Feb 28, 2022 Listed $330,000 MLS #6151268
Jul 21, 2016 Sold $220,000 MLS #4685525
Mar 3, 2016 Listed $234,500 MLS #4685525
Jun 1, 1975 Sold $27,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $246,487 $3,128
2019 $238,748 $2,924
2018 $218,365 $2,731
2017 $199,617 $2,631
2016 $192,205 $2,552
2015 $176,182 $2,287
2014 $151,003 $2,245
2013 $138,032 $2,265
2012 $144,681 $2,339
2011 $159,832 $2,334
2010 $87,000 $98,300 $185,300 $2,247
2009 $86,500 $106,600 $193,100 $2,365
2008 $101,700 $115,100 $216,800 $2,305
2007 $126,800 $99,000 $225,800 $2,304

Property facts

Year built
1948
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,472 sqft
Lot size
10,890 sqft
ZIP code
55425
City
Bloomington
Street
16th Ave
Coordinates
44.85250, -93.25209

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,708
Gross rental yield
12.19%
Implied cap rate
7.92%
Trend-extrapolated value

Frequently asked questions

When did 8318 16th Ave last sell?
8318 16th Ave most recently sold on Apr 12, 2022 for $365,000.
What is the current tax assessment for 8318 16th Ave?
The most recent total assessment for 8318 16th Ave (year 2020) is $246,487 with $3,128 in property tax.
How does 8318 16th Ave's assessment compare to its last sale price?
The current assessment is 32.5% below the last sale price of $365,000.
When was 8318 16th Ave built?
8318 16th Ave was built in 1948.
How does 8318 16th Ave compare to others on 16th Ave?
We track 8 other properties on 16th Ave. Browse the list under "Other properties on 16th Ave" to compare beds, baths, and sale history.
What are the property facts for 8318 16th Ave?
8318 16th Ave is a 4 bed, 2 bath, 2,472 sqft, 10,890 sqft lot single_family.
Is 8318 16th Ave a flip candidate?
No — 8318 16th Ave does not appear in our flips dataset.
Is 8318 16th Ave a tax-appeal candidate?
No — 8318 16th Ave 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
+0.6%
Implied 1-yr
+2.4%
2026 Q2
$339.2K
2026 Q3
$341.2K
ZIP 55425 — Median Price History + Forecast

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