8516 Xerxes Ave
Bloomington, MN 55431
3 bd 3 ba 2,409 sqft Built 1960 Lot 12,632 sqft single_family
Most recent sale
$275,000
Jan 19, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 5, 2024 | Sold | $400,000 | NorthstarMLS |
| Aug 19, 2024 | Relisted | $400,000 | NorthstarMLS |
| Aug 1, 2024 | Price changed | $400,000 | NorthstarMLS |
| Jul 11, 2024 | Price changed | $409,900 | NorthstarMLS |
| Jun 27, 2024 | Price changed | $417,500 | NorthstarMLS |
| Jun 12, 2024 | Listed | $425,000 | NorthstarMLS |
| Jan 19, 2024 | Sold | $275,000 | NorthstarMLS |
| Dec 6, 2023 | Price changed | $325,000 | NorthstarMLS |
| Dec 1, 2023 | Listed | $349,900 | NorthstarMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $279,296 | $3,608 |
| 2021 | — | — | $258,804 | $3,317 |
| 2020 | — | — | $253,899 | $3,351 |
| 2019 | — | — | $216,185 | $2,920 |
| 2018 | — | — | $208,773 | $2,879 |
| 2017 | — | — | $192,423 | $2,657 |
| 2016 | — | — | $183,158 | $2,673 |
| 2015 | — | — | $172,040 | $2,618 |
| 2014 | — | — | $152,420 | $2,495 |
| 2013 | — | — | $164,410 | $2,587 |
| 2012 | — | — | $175,746 | $2,589 |
| 2011 | $88,300 | $113,100 | $201,400 | $2,595 |
| 2010 | $97,700 | $123,700 | $221,400 | $2,659 |
| 2009 | $105,400 | $131,000 | $236,400 | $2,641 |
| 2008 | $112,500 | $123,700 | $236,200 | $2,429 |
| 2007 | $124,000 | $109,300 | $233,300 | $2,419 |
Property facts
Year built
1960
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,409 sqft
Lot size
12,632 sqft
ZIP code
55431
City
Bloomington
Street
Xerxes Ave
Coordinates
44.84924, -93.31936
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,650
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 8516 Xerxes Ave last sell?
8516 Xerxes Ave most recently sold on Jan 19, 2024 for $275,000.
What is the current tax assessment for 8516 Xerxes Ave?
The most recent total assessment for 8516 Xerxes Ave (year 2022) is $279,296 with $3,608 in property tax.
How does 8516 Xerxes Ave's assessment compare to its last sale price?
The current assessment is 1.6% above the last sale price of $275,000.
When was 8516 Xerxes Ave built?
8516 Xerxes Ave was built in 1960.
How does 8516 Xerxes Ave compare to others on Xerxes Ave?
We track 8 other properties on Xerxes Ave. Browse the list under "Other properties on Xerxes Ave" to compare beds, baths, and sale history.
What are the property facts for 8516 Xerxes Ave?
8516 Xerxes Ave is a 3 bed, 3 bath, 2,409 sqft, 12,632 sqft lot single_family.
Is 8516 Xerxes Ave a flip candidate?
Yes — 8516 Xerxes Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8516 Xerxes Ave a tax-appeal candidate?
No — 8516 Xerxes Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-4.8%
Implied 1-yr
-19.1%
2026 Q3
$309.1K
2026 Q4
$287.7K
ZIP 55431 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Xerxes Ave