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20882 Hardwood Rd

Forest Lake, MN 55025

2 bd 2 ba 1,413 sqft Built 2022 Lot 24,394 sqft single_family
Most recent sale
$374,900
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 1, 2022 Sold $374,900 MLS #6146557
Feb 7, 2022 Listed $374,900 MLS #6146557
Jan 1, 2022 Listing removed $374,900 NorthstarMLS
Aug 10, 2021 Price changed $374,900 MLS #5753113
May 12, 2021 Listed $389,900 MLS #5753113
May 6, 2021 Listing removed $359,900 NorthstarMLS
Jan 11, 2021 Listed $359,900 MLS #5699690

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $246,600 $120,900 $367,500 $4,044
2024 $242,900 $149,300 $392,200 $4,040
2023 $31,600 $108,400 $140,000 $1,464
2022 $105,000 $105,000 $1,510
2021 $105,000 $105,000 $1,526
2020 $105,000 $105,000 $1,698
2019 $115,000 $115,000 $1,404
2018 $93,500 $93,500 $396
2017 $27,000 $27,000 $62

Property facts

Year built
2022
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,413 sqft
Lot size
24,394 sqft
ZIP code
55025
City
Forest Lake
Street
Hardwood Rd
Coordinates
45.25171, -92.96035

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
$2,120
Gross rental yield
6.79%
Implied cap rate
4.41%
Trend-extrapolated value

Frequently asked questions

When did 20882 Hardwood Rd last sell?
20882 Hardwood Rd most recently sold on Jul 1, 2022 for $374,900.
What is the current tax assessment for 20882 Hardwood Rd?
The most recent total assessment for 20882 Hardwood Rd (year 2025) is $367,500 with $4,044 in property tax.
How does 20882 Hardwood Rd's assessment compare to its last sale price?
The current assessment is 2.0% below the last sale price of $374,900.
When was 20882 Hardwood Rd built?
20882 Hardwood Rd was built in 2022.
How does 20882 Hardwood Rd compare to others on Hardwood Rd?
We track 8 other properties on Hardwood Rd. Browse the list under "Other properties on Hardwood Rd" to compare beds, baths, and sale history.
What are the property facts for 20882 Hardwood Rd?
20882 Hardwood Rd is a 2 bed, 2 bath, 1,413 sqft, 24,394 sqft lot single_family.
Is 20882 Hardwood Rd a flip candidate?
No — 20882 Hardwood Rd does not appear in our flips dataset.
Is 20882 Hardwood Rd a tax-appeal candidate?
No — 20882 Hardwood Rd 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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