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7589 Hilo Ln

Forest Lake, MN 55025

4 bd 3 ba 2,800 sqft Built 1987 Lot 20,473 sqft single_family
Most recent sale
$460,000
Jun 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 6, 2024 Sold $426,000 NorthstarMLS
Jul 7, 2023 Price changed for rent $2,895 Rently
Jun 23, 2023 Price changed for rent $3,095 Rently
Jun 2, 2023 Listed for rent $3,165 Rently
Jun 28, 2022 Sold $460,000 MLS #6192041
May 24, 2022 Price changed $449,900 MLS #6192041
May 8, 2022 Listed $459,900 MLS #6192041
Jun 5, 2020 Listing removed $339,900 NorthstarMLS
Mar 30, 2020 Sold $323,000 MLS #5485523
May 6, 2004 Sold $271,000 Public Record
Mar 30, 2000 Sold $220,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $332,900 $81,300 $414,200 $4,676
2024 $322,300 $82,000 $404,300 $4,164
2023 $322,300 $74,200 $396,500 $4,056
2022 $241,600 $56,200 $297,800 $3,534
2021 $247,700 $73,200 $320,900 $3,854
2020 $247,700 $73,200 $320,900 $4,128
2019 $251,300 $75,300 $326,600 $3,754
2018 $240,100 $60,100 $300,200 $3,876
2017 $221,400 $57,700 $279,100 $3,454
2016 $221,000 $47,900 $268,900 $3,118
2015 $208,300 $45,600 $253,900 $3,062
2014 $215,800 $45,800 $261,600 $3,026
2013 $196,500 $42,700 $239,200 $2,824
2012 $179,900 $39,900 $219,800 $2,518
2011 $189,600 $50,000 $239,600 $2,296
2010 $182,900 $56,900 $239,800 $2,262

Property facts

Year built
1987
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,800 sqft
Lot size
20,473 sqft
ZIP code
55025
City
Forest Lake
Street
Hilo Ln
Coordinates
45.26296, -92.95218

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,200
Gross rental yield
10.96%
Implied cap rate
7.12%
Trend-extrapolated value

Frequently asked questions

When did 7589 Hilo Ln last sell?
7589 Hilo Ln most recently sold on Jun 28, 2022 for $460,000.
What is the current tax assessment for 7589 Hilo Ln?
The most recent total assessment for 7589 Hilo Ln (year 2025) is $414,200 with $4,676 in property tax.
How does 7589 Hilo Ln's assessment compare to its last sale price?
The current assessment is 10.0% below the last sale price of $460,000.
When was 7589 Hilo Ln built?
7589 Hilo Ln was built in 1987.
How does 7589 Hilo Ln compare to others on Hilo Ln?
We track 8 other properties on Hilo Ln. Browse the list under "Other properties on Hilo Ln" to compare beds, baths, and sale history.
What are the property facts for 7589 Hilo Ln?
7589 Hilo Ln is a 4 bed, 3 bath, 2,800 sqft, 20,473 sqft lot single_family.
Is 7589 Hilo Ln a flip candidate?
No — 7589 Hilo Ln does not appear in our flips dataset.
Is 7589 Hilo Ln a tax-appeal candidate?
No — 7589 Hilo Ln 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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