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4840 Morris Thomas Rd

Hermantown, MN 55811

3 bd 4 ba 3,487 sqft Built 2008 Lot 72,745 sqft single_family
Most recent sale
$487,000
Dec 17, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 17, 2021 Sold $487,000 MLS #6099878
Oct 12, 2021 Price changed $499,900 MLS #6099878
Sep 27, 2021 Listed $525,000 MLS #6099878
Jun 13, 2018 Price changed $479,000 MLS #6074794
May 7, 2018 Listed $489,000 MLS #6074794
Oct 6, 2008 Sold $387,500 MLS #3571128
Jul 12, 2008 Listed $394,500 MLS #3571128

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $470,700 $74,800 $545,500 $7,620
2023 $374,600 $66,200 $440,800 $6,422
2022 $348,541 $64,389 $412,930 $6,542
2021 $348,541 $64,389 $412,930 $6,372
2020 $372,000 $63,600 $435,600 $6,866
2019 $344,021 $56,372 $400,393 $6,190
2018 $327,329 $52,436 $379,765 $5,856
2017 $301,926 $52,097 $354,023 $5,336
2016 $298,100 $52,000 $350,100 $4,914
2015 $259,000 $47,900 $306,900 $4,448
2014 $245,400 $45,000 $290,400 $4,191
2013 $245,400 $45,000 $290,400 $3,596
2012 $245,400 $45,000 $290,400 $3,649
2011 $256,300 $46,800 $303,100 $3,365
2010 $266,300 $48,500 $314,800 $3,359
2009 $35,800 $44,600 $80,400 $570
2008 $15,200 $15,200 $165

Property facts

Year built
2008
Property type
single_family
Stories
2
Beds
3
Baths
4
Living area
3,487 sqft
Lot size
72,745 sqft
ZIP code
55811
City
Hermantown
Street
Morris Thomas Rd
Coordinates
46.77767, -92.18941

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,231
Gross rental yield
12.89%
Implied cap rate
8.38%
Trend-extrapolated value

Frequently asked questions

When did 4840 Morris Thomas Rd last sell?
4840 Morris Thomas Rd most recently sold on Dec 17, 2021 for $487,000.
What is the current tax assessment for 4840 Morris Thomas Rd?
The most recent total assessment for 4840 Morris Thomas Rd (year 2025) is $545,500 with $7,620 in property tax.
How does 4840 Morris Thomas Rd's assessment compare to its last sale price?
The current assessment is 12.0% above the last sale price of $487,000.
When was 4840 Morris Thomas Rd built?
4840 Morris Thomas Rd was built in 2008.
How does 4840 Morris Thomas Rd compare to others on Morris Thomas Rd?
We track 8 other properties on Morris Thomas Rd. Browse the list under "Other properties on Morris Thomas Rd" to compare beds, baths, and sale history.
What are the property facts for 4840 Morris Thomas Rd?
4840 Morris Thomas Rd is a 3 bed, 4 bath, 3,487 sqft, 72,745 sqft lot single_family.
Is 4840 Morris Thomas Rd a flip candidate?
No — 4840 Morris Thomas Rd does not appear in our flips dataset.
Is 4840 Morris Thomas Rd a tax-appeal candidate?
No — 4840 Morris Thomas 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
+4.8%
Implied 1-yr
+19.2%
2026 Q3
$482.6K
2026 Q4
$500.2K
ZIP 55811 — Median Price History + Forecast

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