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8489 Rice Lake Rd

Maple Grove, MN 55369

2 bd 3 ba 2,776 sqft Built 1992 Lot 23,522 sqft townhomes
Most recent sale
$400,000
Sep 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 8, 2022 Sold $400,000 MLS #6223793
Aug 9, 2022 Listed $395,000 MLS #6223793
May 1, 1991 Sold $226,740 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $348,511 $4,496
2019 $344,805 $4,463
2018 $322,569 $4,134
2017 $292,376 $4,153
2016 $281,476 $4,212
2015 $281,476 $4,001
2014 $259,458 $4,161
2013 $251,610 $3,484
2012 $219,564 $3,790
2011 $254,662 $3,744
2010 $194,800 $83,000 $277,800 $3,794
2009 $215,400 $88,000 $303,400 $3,800
2008 $231,500 $88,000 $319,500 $3,803
2007 $232,500 $88,000 $320,500 $3,738

Property facts

Year built
1992
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
2,776 sqft
Lot size
23,522 sqft
ZIP code
55369
City
Maple Grove
Street
Rice Lake Rd
Coordinates
45.10891, -93.45830

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
$4,164
Gross rental yield
12.49%
Implied cap rate
8.12%
Trend-extrapolated value

Frequently asked questions

When did 8489 Rice Lake Rd last sell?
8489 Rice Lake Rd most recently sold on Sep 8, 2022 for $400,000.
What is the current tax assessment for 8489 Rice Lake Rd?
The most recent total assessment for 8489 Rice Lake Rd (year 2020) is $348,511 with $4,496 in property tax.
How does 8489 Rice Lake Rd's assessment compare to its last sale price?
The current assessment is 12.9% below the last sale price of $400,000.
When was 8489 Rice Lake Rd built?
8489 Rice Lake Rd was built in 1992.
How does 8489 Rice Lake Rd compare to others on Rice Lake Rd?
We track 8 other properties on Rice Lake Rd. Browse the list under "Other properties on Rice Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 8489 Rice Lake Rd?
8489 Rice Lake Rd is a 2 bed, 3 bath, 2,776 sqft, 23,522 sqft lot townhomes.
Is 8489 Rice Lake Rd a flip candidate?
No — 8489 Rice Lake Rd does not appear in our flips dataset.
Is 8489 Rice Lake Rd a tax-appeal candidate?
No — 8489 Rice Lake Rd 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
-5.0%
Implied 1-yr
-20.0%
2026 Q3
$366.8K
2026 Q4
$351.1K
ZIP 55369 — Median Price History + Forecast

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