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2045 Forest Ln

Hugo, MN 55038

3 bd 1,772 sqft Built 2021 Lot 7,407 sqft single_family
Most recent sale
$484,264
May 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 2, 2022 Sold $484,264 Public Record
Mar 28, 2022 Sold $484,265 MLS #6108555
Oct 22, 2021 Listing removed $482,265 NorthstarMLS
Oct 22, 2021 Listed $484,265 MLS #6108555
Oct 1, 2021 Listing removed $480,265 NorthstarMLS
Oct 1, 2021 Listed $482,265 MLS #6108778
Sep 24, 2021 Price changed $480,265 MLS #6086609
Aug 18, 2021 Listed $483,485 MLS #6086609

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $407,600 $120,000 $527,600 $7,005
2023 $333,100 $98,000 $431,100 $4,931

Property facts

Year built
2021
Property type
single_family
Stories
1
Beds
3
Baths
Living area
1,772 sqft
Lot size
7,407 sqft
ZIP code
55038
City
Hugo
Street
Forest Ln
Coordinates
45.17371, -93.03856

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,658
Gross rental yield
6.59%
Implied cap rate
4.28%
Trend-extrapolated value

Frequently asked questions

When did 2045 Forest Ln last sell?
2045 Forest Ln most recently sold on May 2, 2022 for $484,264.
What is the current tax assessment for 2045 Forest Ln?
The most recent total assessment for 2045 Forest Ln (year 2026) is $527,600 with $7,005 in property tax.
How does 2045 Forest Ln's assessment compare to its last sale price?
The current assessment is 8.9% above the last sale price of $484,264.
When was 2045 Forest Ln built?
2045 Forest Ln was built in 2021.
How does 2045 Forest Ln compare to others on Forest Ln?
We track 8 other properties on Forest Ln. Browse the list under "Other properties on Forest Ln" to compare beds, baths, and sale history.
What are the property facts for 2045 Forest Ln?
2045 Forest Ln is a 3 bed, 1,772 sqft, 7,407 sqft lot single_family.
Is 2045 Forest Ln a flip candidate?
No — 2045 Forest Ln does not appear in our flips dataset.
Is 2045 Forest Ln a tax-appeal candidate?
No — 2045 Forest 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
-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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