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861 8th Ave

Forest Lake, MN 55025

2 bd 2 ba 1,587 sqft Built 1992 Lot 12,916 sqft condo
Most recent sale
$402,000
Jul 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 16, 2022 Sold $402,000 Public Record
Jul 13, 2022 Sold $402,000 MLS #6148782
May 18, 2022 Listed $400,000 MLS #6148782
Feb 1, 2016 Sold $260,000 Public Record
Jan 1, 2016 Sold $260,000 Public Record
Aug 25, 2000 Sold $195,000 Public Record
Mar 20, 1992 Sold $117,675 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $204,100 $215,900 $420,000 $4,614
2024 $197,700 $220,000 $417,700 $4,302
2023 $195,500 $219,800 $415,300 $4,246
2022 $157,400 $177,000 $334,400 $3,952
2021 $151,800 $177,000 $328,800 $3,936
2020 $151,800 $177,000 $328,800 $3,992
2019 $152,900 $175,000 $327,900 $3,986
2018 $145,500 $175,000 $320,500 $3,734
2017 $136,700 $175,000 $311,700 $3,272
2016 $130,900 $125,000 $255,900 $3,050
2015 $122,800 $125,400 $248,200 $2,656
2014 $118,800 $107,600 $226,400 $2,830
2013 $115,000 $108,300 $223,300 $2,842
2012 $114,000 $107,300 $221,300 $2,676
2011 $115,900 $122,500 $238,400 $2,444
2010 $123,100 $130,000 $253,100 $2,558

Property facts

Year built
1992
Property type
condo
Stories
1
Beds
2
Baths
2
Living area
1,587 sqft
Lot size
12,916 sqft
ZIP code
55025
City
Forest Lake
Street
8th Ave
Coordinates
45.27226, -92.97180

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
$2,381
Gross rental yield
7.11%
Implied cap rate
4.62%
Trend-extrapolated value

Frequently asked questions

When did 861 8th Ave last sell?
861 8th Ave most recently sold on Jul 13, 2022 for $402,000.
What is the current tax assessment for 861 8th Ave?
The most recent total assessment for 861 8th Ave (year 2025) is $420,000 with $4,614 in property tax.
How does 861 8th Ave's assessment compare to its last sale price?
The current assessment is 4.5% above the last sale price of $402,000.
When was 861 8th Ave built?
861 8th Ave was built in 1992.
How does 861 8th Ave compare to others on 8th Ave?
We track 8 other properties on 8th Ave. Browse the list under "Other properties on 8th Ave" to compare beds, baths, and sale history.
What are the property facts for 861 8th Ave?
861 8th Ave is a 2 bed, 2 bath, 1,587 sqft, 12,916 sqft lot condo.
Is 861 8th Ave a flip candidate?
No — 861 8th Ave does not appear in our flips dataset.
Is 861 8th Ave a tax-appeal candidate?
No — 861 8th 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
-2.2%
Implied 1-yr
-8.6%
2026 Q3
$405K
2026 Q4
$394.9K
ZIP 55025 — Median Price History + Forecast

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