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7260 Watermark Way

Hugo, MN 55038

5 bd 2,500 sqft Built 2019 Lot 17,424 sqft single_family
Most recent sale
$630,000
Jun 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 30, 2025 Sold $376,900 Public Record
Jun 24, 2022 Sold $630,000 MLS #6189510
May 3, 2022 Listed $615,000 MLS #6189510
May 1, 2020 Sold $425,000 Public Record
Apr 29, 2020 Sold $425,000 NorthstarMLS
Mar 18, 2020 Price changed $439,990 NorthstarMLS
Mar 13, 2020 Listed $449,872 NorthstarMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $456,800 $126,000 $582,800 $7,883
2025 $443,100 $119,900 $563,000 $7,247
2023 $412,000 $102,900 $514,900 $5,919
2022 $350,100 $84,000 $434,100 $5,584
2020 $76,338 $615

Property facts

Year built
2019
Property type
single_family
Stories
2
Beds
5
Baths
Living area
2,500 sqft
Lot size
17,424 sqft
ZIP code
55038
City
Hugo
Street
Watermark Way
Coordinates
45.16970, -93.03530

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,750
Gross rental yield
7.14%
Implied cap rate
4.64%
Trend-extrapolated value

Frequently asked questions

When did 7260 Watermark Way last sell?
7260 Watermark Way most recently sold on Jun 24, 2022 for $630,000.
What is the current tax assessment for 7260 Watermark Way?
The most recent total assessment for 7260 Watermark Way (year 2026) is $582,800 with $7,883 in property tax.
How does 7260 Watermark Way's assessment compare to its last sale price?
The current assessment is 7.5% below the last sale price of $630,000.
When was 7260 Watermark Way built?
7260 Watermark Way was built in 2019.
How does 7260 Watermark Way compare to others on Watermark Way?
We track 8 other properties on Watermark Way. Browse the list under "Other properties on Watermark Way" to compare beds, baths, and sale history.
What are the property facts for 7260 Watermark Way?
7260 Watermark Way is a 5 bed, 2,500 sqft, 17,424 sqft lot single_family.
Is 7260 Watermark Way a flip candidate?
No — 7260 Watermark Way does not appear in our flips dataset.
Is 7260 Watermark Way a tax-appeal candidate?
Yes — 7260 Watermark Way 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 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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