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8705 Baxter Way

Inver Grove Heights, MN 55076

2 bd 2 ba 1,280 sqft Built 1995 Lot 43,560 sqft townhomes
Most recent sale
$289,900
Apr 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2022 Sold $289,900 MLS #6161679
Mar 9, 2022 Listed $279,900 MLS #6161679
Feb 24, 2020 Sold $245,000 Public Record
Apr 26, 2016 Sold $178,600 Public Record
May 26, 2011 Sold $180,000 Public Record
Oct 13, 2006 Sold $219,900 Public Record
Sep 13, 1995 Sold $113,340 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $207,873 $40,858 $248,731 $2,848
2023 $214,182 $42,551 $256,733 $2,648
2022 $186,824 $36,337 $223,161 $2,508
2021 $178,071 $34,408 $212,479 $2,434
2020 $178,071 $34,408 $212,479 $2,270
2019 $164,960 $32,368 $197,328 $2,245
2018 $151,524 $29,563 $181,087 $1,997
2017 $132,185 $26,666 $158,851 $1,889
2016 $121,503 $25,031 $146,534 $1,917
2015 $123,669 $23,846 $147,515 $1,968
2014 $120,091 $21,756 $141,847 $1,639
2013 $99,091 $19,321 $118,412 $1,595
2012 $96,161 $19,199 $115,360 $1,728
2011 $109,314 $20,761 $130,075 $1,692
2009 $169,500 $31,800 $201,300 $1,891
2008 $169,500 $31,800 $201,300 $1,886
2007 $166,100 $31,800 $197,900 $1,767

Property facts

Year built
1995
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
1,280 sqft
Lot size
43,560 sqft
ZIP code
55076
City
Inver Grove Heights
Street
Baxter Way
Coordinates
44.82363, -93.04949

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,920
Gross rental yield
7.95%
Implied cap rate
5.17%
Trend-extrapolated value

Frequently asked questions

When did 8705 Baxter Way last sell?
8705 Baxter Way most recently sold on Apr 19, 2022 for $289,900.
What is the current tax assessment for 8705 Baxter Way?
The most recent total assessment for 8705 Baxter Way (year 2025) is $248,731 with $2,848 in property tax.
How does 8705 Baxter Way's assessment compare to its last sale price?
The current assessment is 14.2% below the last sale price of $289,900.
When was 8705 Baxter Way built?
8705 Baxter Way was built in 1995.
How does 8705 Baxter Way compare to others on Baxter Way?
We track 8 other properties on Baxter Way. Browse the list under "Other properties on Baxter Way" to compare beds, baths, and sale history.
What are the property facts for 8705 Baxter Way?
8705 Baxter Way is a 2 bed, 2 bath, 1,280 sqft, 43,560 sqft lot townhomes.
Is 8705 Baxter Way a flip candidate?
No — 8705 Baxter Way does not appear in our flips dataset.
Is 8705 Baxter Way a tax-appeal candidate?
No — 8705 Baxter 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
-1.2%
Implied 1-yr
-4.6%
2026 Q3
$302.8K
2026 Q4
$299K
ZIP 55076 — Median Price History + Forecast

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