8623 242nd St
Chisago City, MN 55025
3 bd 2 ba 2,260 sqft Built 1993 Lot 108,900 sqft single_family
Most recent sale
$478,500
May 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 27, 2022 | Sold | $478,500 | MLS #6169371 |
| Mar 26, 2022 | Listed | $425,000 | MLS #6169371 |
| Nov 25, 2008 | Sold | $217,000 | Public Record |
| Jul 22, 2005 | Sold | $279,900 | Public Record |
| Mar 4, 1993 | Sold | $108,500 | Public Record |
| Mar 3, 1993 | Sold | $21,200 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $296,000 | $88,700 | $384,700 | $4,838 |
| 2023 | $246,300 | $86,200 | $332,500 | $4,144 |
| 2022 | $197,800 | $71,000 | $268,800 | $4,020 |
| 2021 | $189,200 | $70,500 | $259,700 | $3,934 |
| 2020 | $189,200 | $70,500 | $259,700 | $4,016 |
| 2019 | $167,700 | $65,800 | $233,500 | $3,760 |
| 2018 | $160,500 | $58,700 | $219,200 | $3,644 |
| 2017 | $152,700 | $55,500 | $208,200 | $3,396 |
| 2016 | $152,500 | $50,700 | $203,200 | $3,418 |
| 2015 | $151,300 | $41,100 | $192,400 | $3,316 |
| 2014 | $137,200 | $38,200 | $175,400 | $3,184 |
| 2013 | $137,400 | $38,200 | $175,600 | $3,084 |
| 2012 | — | — | $174,200 | $2,834 |
| 2011 | — | — | $249,100 | $2,960 |
| 2010 | — | — | $249,100 | $3,108 |
| 2009 | $168,200 | $95,000 | $263,200 | $2,998 |
| 2008 | $170,700 | $100,000 | $270,700 | $2,916 |
| 2007 | $182,000 | $100,000 | $282,000 | $2,810 |
Property facts
Year built
1993
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,260 sqft
Lot size
108,900 sqft
ZIP code
55025
City
Chisago City
Street
242nd St
Coordinates
45.29829, -92.93091
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,390
Gross rental yield
8.50%
Implied cap rate
5.53%
Trend-extrapolated value
—
Frequently asked questions
When did 8623 242nd St last sell?
8623 242nd St most recently sold on May 27, 2022 for $478,500.
What is the current tax assessment for 8623 242nd St?
The most recent total assessment for 8623 242nd St (year 2025) is $384,700 with $4,838 in property tax.
How does 8623 242nd St's assessment compare to its last sale price?
The current assessment is 19.6% below the last sale price of $478,500.
When was 8623 242nd St built?
8623 242nd St was built in 1993.
How does 8623 242nd St compare to others on 242nd St?
We track 2 other properties on 242nd St. Browse the list under "Other properties on 242nd St" to compare beds, baths, and sale history.
What are the property facts for 8623 242nd St?
8623 242nd St is a 3 bed, 2 bath, 2,260 sqft, 108,900 sqft lot single_family.
Is 8623 242nd St a flip candidate?
No — 8623 242nd St does not appear in our flips dataset.
Is 8623 242nd St a tax-appeal candidate?
No — 8623 242nd St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.2%
Implied 1-yr
-8.6%
2026 Q3
$405K
2026 Q4
$394.9K
ZIP 55025 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 242nd St