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5530 157th Way

Hugo, MN 55038

3 bd 3 ba 1,995 sqft Built 1999 Lot 15,072 sqft single_family
Most recent sale
$433,000
Aug 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 5, 2022 Sold $433,000 MLS #6220385
Jun 29, 2022 Relisted $400,000 MLS #6220385
Jun 17, 2022 Listed $400,000 MLS #6220385
Aug 15, 2013 Sold $229,900 MLS #4367621
May 15, 2013 Listed $229,900 MLS #4367621
Jun 13, 2011 Listing removed $249,900 NorthstarMLS
Sep 30, 2009 Listed $249,900 MLS #3842843
Nov 22, 1999 Sold $182,000 Public Record
Sep 22, 1999 Sold $44,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $253,600 $102,700 $356,300 $4,278
2024 $267,100 $120,800 $387,900 $4,380
2023 $244,900 $118,900 $363,800 $4,178
2022 $201,900 $96,900 $298,800 $3,772
2021 $196,500 $96,700 $293,200 $3,732
2020 $196,500 $96,700 $293,200 $3,632
2019 $195,900 $76,700 $272,600 $3,068
2018 $176,400 $76,000 $252,400 $2,880
2017 $166,700 $75,600 $242,300 $2,702
2016 $158,000 $66,100 $224,100 $2,732
2015 $150,400 $69,400 $219,800 $2,824
2014 $157,500 $69,700 $227,200 $2,390
2013 $124,600 $53,400 $178,000 $2,340
2012 $121,400 $52,100 $173,500 $2,340
2011 $132,500 $70,000 $202,500 $2,210
2010 $136,800 $70,900 $207,700 $2,206

Property facts

Year built
1999
Property type
single_family
Stories
4
Beds
3
Baths
3
Living area
1,995 sqft
Lot size
15,072 sqft
ZIP code
55038
City
Hugo
Street
157th Way
Coordinates
45.17513, -92.99448

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,993
Gross rental yield
8.29%
Implied cap rate
5.39%
Trend-extrapolated value

Frequently asked questions

When did 5530 157th Way last sell?
5530 157th Way most recently sold on Aug 5, 2022 for $433,000.
What is the current tax assessment for 5530 157th Way?
The most recent total assessment for 5530 157th Way (year 2025) is $356,300 with $4,278 in property tax.
How does 5530 157th Way's assessment compare to its last sale price?
The current assessment is 17.7% below the last sale price of $433,000.
When was 5530 157th Way built?
5530 157th Way was built in 1999.
How does 5530 157th Way compare to others on 157th Way?
We track 5 other properties on 157th Way. Browse the list under "Other properties on 157th Way" to compare beds, baths, and sale history.
What are the property facts for 5530 157th Way?
5530 157th Way is a 3 bed, 3 bath, 1,995 sqft, 15,072 sqft lot single_family.
Is 5530 157th Way a flip candidate?
No — 5530 157th Way does not appear in our flips dataset.
Is 5530 157th Way a tax-appeal candidate?
No — 5530 157th Way 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
-1.6%
Implied 1-yr
-6.2%
2026 Q3
$542.8K
2026 Q4
$533.4K
ZIP 55038 — Median Price History + Forecast

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