408 Richard Dr
Elko New Market, MN 55054
3 bd 3 ba 2,889 sqft Built 2003 Lot 12,197 sqft single_family
Most recent sale
$395,000
Jan 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 28, 2022 | Sold | $395,000 | MLS #6136326 |
| Dec 20, 2021 | Listed | $394,900 | MLS #6136326 |
| Nov 10, 2021 | Sold | $391,900 | Public Record |
| Jul 2, 2016 | Sold | $290,000 | MLS #4712504 |
| May 9, 2016 | Listed | $285,000 | MLS #4712504 |
| Aug 8, 2011 | Sold | $187,000 | MLS #4018474 |
| Mar 1, 2011 | Listed | $199,900 | MLS #4018474 |
| Jan 26, 2004 | Sold | $291,607 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $292,594 | $3,948 |
| 2019 | — | — | $279,600 | $3,860 |
| 2018 | — | — | $293,500 | $4,252 |
| 2017 | — | — | $236,700 | $3,422 |
| 2016 | — | — | $246,400 | $3,530 |
| 2015 | — | — | $252,500 | $3,436 |
| 2014 | — | — | $237,300 | $3,564 |
| 2013 | — | — | $237,300 | $3,738 |
| 2012 | — | — | $256,400 | $3,604 |
| 2011 | $231,800 | $40,000 | $271,800 | $3,502 |
| 2010 | $231,800 | $40,000 | $271,800 | $3,542 |
Property facts
Year built
2003
Property type
single_family
Stories
4
Beds
3
Baths
3
Living area
2,889 sqft
Lot size
12,197 sqft
ZIP code
55054
City
Elko New Market
Street
Richard Dr
Coordinates
44.56699, -93.35794
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,334
Gross rental yield
13.17%
Implied cap rate
8.56%
Trend-extrapolated value
—
Frequently asked questions
When did 408 Richard Dr last sell?
408 Richard Dr most recently sold on Jan 28, 2022 for $395,000.
What is the current tax assessment for 408 Richard Dr?
The most recent total assessment for 408 Richard Dr (year 2020) is $292,594 with $3,948 in property tax.
How does 408 Richard Dr's assessment compare to its last sale price?
The current assessment is 25.9% below the last sale price of $395,000.
When was 408 Richard Dr built?
408 Richard Dr was built in 2003.
How does 408 Richard Dr compare to others on Richard Dr?
We track 6 other properties on Richard Dr. Browse the list under "Other properties on Richard Dr" to compare beds, baths, and sale history.
What are the property facts for 408 Richard Dr?
408 Richard Dr is a 3 bed, 3 bath, 2,889 sqft, 12,197 sqft lot single_family.
Is 408 Richard Dr a flip candidate?
No — 408 Richard Dr does not appear in our flips dataset.
Is 408 Richard Dr a tax-appeal candidate?
No — 408 Richard Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.3%
Implied 1-yr
-13.4%
2026 Q2
$322.7K
2026 Q3
$308.9K
ZIP 55054 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Richard Dr