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8871 Highway DR

Lexington, MN 55014

3 bd 2 ba 2,452 sqft Built 1950 Lot 19,602 sqft single_family
Most recent sale
$250,000
Apr 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 8, 2022 Sold $250,000 MLS #6165172
Mar 17, 2022 Listed $250,000 MLS #6165172
Sep 16, 2016 Sold $144,900 MLS #4738759
Jul 12, 2016 Listed $144,900 MLS #4738759

Tax assessment history

YearBuildingLandTotal assessedTax paid
2019 $112,815 $62,386 $175,201 $2,891
2018 $97,962 $45,520 $143,482 $2,372
2017 $83,491 $44,404 $127,895 $2,040
2016 $96,100 $54,800 $150,900 $2,676
2015 $94,600 $45,700 $140,300 $2,440
2014 $79,000 $49,800 $128,800 $2,583
2013 $82,400 $60,800 $143,200 $2,719
2012 $85,600 $65,000 $150,600 $2,668
2011 $90,200 $77,900 $168,100 $2,796
2010 $90,200 $77,900 $168,100 $2,760
2009 $107,900 $96,300 $204,200 $2,826
2008 $110,700 $87,500 $198,200 $2,757
2007 $103,600 $81,300 $184,900 $2,626

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,452 sqft
Lot size
19,602 sqft
ZIP code
55014
City
Lexington
Street
Highway DR
Coordinates
45.13324, -93.17537

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,500
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 8871 Highway DR last sell?
8871 Highway DR most recently sold on Apr 8, 2022 for $250,000.
What is the current tax assessment for 8871 Highway DR?
The most recent total assessment for 8871 Highway DR (year 2019) is $175,201 with $2,891 in property tax.
How does 8871 Highway DR's assessment compare to its last sale price?
The current assessment is 29.9% below the last sale price of $250,000.
When was 8871 Highway DR built?
8871 Highway DR was built in 1950.
How does 8871 Highway DR compare to others on Highway DR?
We do not currently track other properties on Highway DR.
What are the property facts for 8871 Highway DR?
8871 Highway DR is a 3 bed, 2 bath, 2,452 sqft, 19,602 sqft lot single_family.
Is 8871 Highway DR a flip candidate?
No — 8871 Highway DR does not appear in our flips dataset.
Is 8871 Highway DR a tax-appeal candidate?
No — 8871 Highway DR 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
-1.3%
Implied 1-yr
-5.1%
2026 Q3
$322K
2026 Q4
$317.6K
ZIP 55014 — Median Price History + Forecast

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