42280 Grace Lake Rd
Hinckley, MN 55037
2 bd 1 ba 1,120 sqft Built 2006 Lot 653,400 sqft mobile
Most recent sale
$195,000
Dec 9, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 9, 2021 | Sold | $195,000 | MLS #6101647 |
| Sep 17, 2021 | Listed | $204,900 | MLS #6101647 |
| Apr 2, 2020 | Sold | $122,000 | MLS #5328166 |
| Oct 31, 2019 | Listed | $125,000 | MLS #5328166 |
| Jul 26, 2012 | Listing removed | $94,900 | Mankato |
| May 31, 2012 | Listing removed | $94,900 | NorthstarMLS |
| Nov 19, 2011 | Listed | $94,900 | MLS #4090137 |
| Sep 12, 2002 | Sold | $35,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $155,000 | $74,300 | $229,300 | $2,030 |
| 2023 | $111,700 | $56,100 | $167,800 | $1,780 |
| 2022 | $77,600 | $43,500 | $121,100 | $1,508 |
| 2020 | — | — | $86,900 | $938 |
| 2019 | — | — | $69,700 | $880 |
| 2018 | — | — | $63,100 | $858 |
| 2017 | $40,324 | $22,476 | $62,800 | $836 |
| 2016 | $38,156 | $21,544 | $59,700 | $768 |
| 2015 | $34,030 | $20,370 | $54,400 | $730 |
| 2014 | $33,010 | $20,190 | $53,200 | $630 |
| 2013 | $30,726 | $19,774 | $50,500 | $682 |
| 2012 | $33,629 | $21,371 | $55,000 | $770 |
| 2011 | $38,574 | $31,026 | $69,600 | $736 |
| 2010 | $56,300 | $46,000 | $102,300 | $776 |
| 2009 | $62,000 | $48,600 | $110,600 | $900 |
Property facts
Year built
2006
Property type
mobile
Stories
1
Beds
2
Baths
1
Living area
1,120 sqft
Lot size
653,400 sqft
ZIP code
55037
City
Hinckley
Street
Grace Lake Rd
Coordinates
46.04041, -92.45045
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,680
Gross rental yield
10.34%
Implied cap rate
6.72%
Trend-extrapolated value
—
Frequently asked questions
When did 42280 Grace Lake Rd last sell?
42280 Grace Lake Rd most recently sold on Dec 9, 2021 for $195,000.
What is the current tax assessment for 42280 Grace Lake Rd?
The most recent total assessment for 42280 Grace Lake Rd (year 2025) is $229,300 with $2,030 in property tax.
How does 42280 Grace Lake Rd's assessment compare to its last sale price?
The current assessment is 17.6% above the last sale price of $195,000.
When was 42280 Grace Lake Rd built?
42280 Grace Lake Rd was built in 2006.
How does 42280 Grace Lake Rd compare to others on Grace Lake Rd?
We track 6 other properties on Grace Lake Rd. Browse the list under "Other properties on Grace Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 42280 Grace Lake Rd?
42280 Grace Lake Rd is a 2 bed, 1 bath, 1,120 sqft, 653,400 sqft lot mobile.
Is 42280 Grace Lake Rd a flip candidate?
Yes — 42280 Grace Lake Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 42280 Grace Lake Rd a tax-appeal candidate?
Yes — 42280 Grace Lake Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.3%
Implied 1-yr
+21.1%
2026 Q3
$288K
2026 Q4
$288K
ZIP 55037 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Grace Lake Rd