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16563 State Highway 27

Hoffman, MN 56339

5 bd 1 ba 1,792 sqft Built 1905 Lot 812,830 sqft single_family
Most recent sale
$175,000
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 29, 2022 Sold $175,000 MLS #6213553
Jun 4, 2022 Listed $199,900 MLS #6213553

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $99,300 $110,600 $209,900 $1,526
2025 $9,000 $106,800 $115,800 $788
2024 $9,400 $94,600 $104,000 $754
2023 $55,300 $84,100 $139,400 $1,102
2022 $53,900 $80,500 $134,400 $1,140
2021 $44,100 $77,300 $121,400 $1,034
2020 $44,100 $77,300 $121,400 $1,040
2019 $44,300 $76,600 $120,900 $1,000
2018 $40,300 $78,400 $118,700 $480
2017 $91,740 $518
2016 $89,020 $388
2015 $93,960 $418
2014 $32,900 $54,700 $87,600 $418
2013 $32,400 $42,100 $74,500 $498
2012 $32,400 $33,600 $66,000 $504
2011 $33,500 $32,200 $65,700 $406
2010 $33,500 $52,100 $85,600 $340
2009 $33,500 $49,700 $83,200 $454

Property facts

Year built
1905
Property type
single_family
Stories
2
Beds
5
Baths
1
Living area
1,792 sqft
Lot size
812,830 sqft
ZIP code
56339
City
Hoffman
Street
State Highway 27
Coordinates
45.83071, -95.89348

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,050
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 16563 State Highway 27 last sell?
16563 State Highway 27 most recently sold on Jul 29, 2022 for $175,000.
What is the current tax assessment for 16563 State Highway 27?
The most recent total assessment for 16563 State Highway 27 (year 2026) is $209,900 with $1,526 in property tax.
How does 16563 State Highway 27's assessment compare to its last sale price?
The current assessment is 19.9% above the last sale price of $175,000.
When was 16563 State Highway 27 built?
16563 State Highway 27 was built in 1905.
How does 16563 State Highway 27 compare to others on State Highway 27?
We track 3 other properties on State Highway 27. Browse the list under "Other properties on State Highway 27" to compare beds, baths, and sale history.
What are the property facts for 16563 State Highway 27?
16563 State Highway 27 is a 5 bed, 1 bath, 1,792 sqft, 812,830 sqft lot single_family.
Is 16563 State Highway 27 a flip candidate?
No — 16563 State Highway 27 does not appear in our flips dataset.
Is 16563 State Highway 27 a tax-appeal candidate?
No — 16563 State Highway 27 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
+2.8%
Implied 1-yr
+11.3%
2026 Q1
$189.5K
2026 Q2
$194.1K
ZIP 56339 — Median Price History + Forecast

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