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877 8th Ave

Forest Lake, MN 55025

2 bd 2 ba 1,345 sqft Built 1984 Lot 90,779 sqft townhomes
Most recent sale
$400,000
Aug 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2022 Sold $400,000 MLS #6229235
Jul 15, 2022 Price changed $398,900 MLS #6229235
Jul 1, 2022 Listed $424,000 MLS #6229235
Jun 19, 2020 Sold $325,000 MLS #5277552
May 2, 2020 Price changed $325,000 MLS #5277552
Aug 15, 2019 Listed $330,000 MLS #5277552
Aug 20, 2010 Sold $300,000 Public Record
Dec 13, 2004 Sold $325,000 Public Record
Jul 27, 2000 Sold $189,900 Public Record
Mar 30, 1999 Sold $155,000 MLS #1380860
Sep 28, 1998 Listed $159,900 MLS #1380860
Oct 1, 1987 Sold $95,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $189,400 $210,000 $399,400 $4,378
2024 $174,400 $213,000 $387,400 $3,990
2023 $172,000 $209,600 $381,600 $3,906
2022 $136,700 $164,900 $301,600 $3,578
2021 $119,200 $163,800 $283,000 $3,406
2020 $119,200 $163,800 $283,000 $3,464
2019 $119,200 $163,800 $283,000 $3,462
2018 $113,200 $163,300 $276,500 $3,378
2017 $112,000 $170,000 $282,000 $2,932
2016 $109,300 $120,000 $229,300 $2,524
2015 $108,900 $97,800 $206,700 $2,230
2014 $106,500 $85,000 $191,500 $2,362
2013 $102,300 $85,600 $187,900 $2,372
2012 $101,500 $85,000 $186,500 $2,460
2011 $101,000 $120,000 $221,000 $2,262
2010 $101,000 $120,000 $221,000 $2,488

Property facts

Year built
1984
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
1,345 sqft
Lot size
90,779 sqft
ZIP code
55025
City
Forest Lake
Street
8th Ave
Coordinates
45.27216, -92.97213

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,018
Gross rental yield
6.05%
Implied cap rate
3.94%
Trend-extrapolated value

Frequently asked questions

When did 877 8th Ave last sell?
877 8th Ave most recently sold on Aug 15, 2022 for $400,000.
What is the current tax assessment for 877 8th Ave?
The most recent total assessment for 877 8th Ave (year 2025) is $399,400 with $4,378 in property tax.
How does 877 8th Ave's assessment compare to its last sale price?
The current assessment is 0.1% below the last sale price of $400,000.
When was 877 8th Ave built?
877 8th Ave was built in 1984.
How does 877 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 877 8th Ave?
877 8th Ave is a 2 bed, 2 bath, 1,345 sqft, 90,779 sqft lot townhomes.
Is 877 8th Ave a flip candidate?
No — 877 8th Ave does not appear in our flips dataset.
Is 877 8th Ave a tax-appeal candidate?
No — 877 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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