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8216 Rhode Island Ave

Bloomington, MN 55438

4 bd 3 ba 2,831 sqft Built 1977 Lot 17,424 sqft single_family
Most recent sale
$615,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2022 Sold $615,000 MLS #6223669
Jun 21, 2022 Listed $550,000 MLS #6223669

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $390,300 $170,800 $561,100 $7,468
2024 $390,300 $179,700 $570,000 $7,053
2023 $396,300 $179,700 $576,000 $6,968
2022 $357,800 $137,000 $494,800 $6,358
2021 $318,800 $133,200 $452,000 $5,752
2020 $318,800 $133,200 $452,000 $6,034
2019 $327,500 $133,200 $460,700 $5,478
2018 $410,096 $5,430
2017 $398,433 $5,082
2016 $372,164 $5,601
2015 $388,514 $5,345
2014 $355,814 $5,072
2013 $314,285 $5,387
2012 $347,094 $5,312
2011 $365,079 $5,243
2010 $253,700 $127,300 $381,000 $5,012
2009 $253,900 $139,300 $393,200 $4,832
2008 $260,600 $147,600 $408,200 $4,373
2007 $295,700 $123,100 $418,800 $4,634

Property facts

Year built
1977
Property type
single_family
Stories
4
Beds
4
Baths
3
Living area
2,831 sqft
Lot size
17,424 sqft
ZIP code
55438
City
Bloomington
Street
Rhode Island Ave
Coordinates
44.85387, -93.38212

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,247
Gross rental yield
8.29%
Implied cap rate
5.39%
Trend-extrapolated value

Frequently asked questions

When did 8216 Rhode Island Ave last sell?
8216 Rhode Island Ave most recently sold on Jun 30, 2022 for $615,000.
What is the current tax assessment for 8216 Rhode Island Ave?
The most recent total assessment for 8216 Rhode Island Ave (year 2025) is $561,100 with $7,468 in property tax.
How does 8216 Rhode Island Ave's assessment compare to its last sale price?
The current assessment is 8.8% below the last sale price of $615,000.
When was 8216 Rhode Island Ave built?
8216 Rhode Island Ave was built in 1977.
How does 8216 Rhode Island Ave compare to others on Rhode Island Ave?
We track 8 other properties on Rhode Island Ave. Browse the list under "Other properties on Rhode Island Ave" to compare beds, baths, and sale history.
What are the property facts for 8216 Rhode Island Ave?
8216 Rhode Island Ave is a 4 bed, 3 bath, 2,831 sqft, 17,424 sqft lot single_family.
Is 8216 Rhode Island Ave a flip candidate?
No — 8216 Rhode Island Ave does not appear in our flips dataset.
Is 8216 Rhode Island Ave a tax-appeal candidate?
No — 8216 Rhode Island 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
+2.5%
2026 Q3
$393.2K
2026 Q4
$395.6K
ZIP 55438 — Median Price History + Forecast

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