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8083 Highway 7

Montevideo, MN 56265

3 bd 3 ba 3,144 sqft Built 1998 Lot 871,200 sqft single_family
Most recent sale
$505,000
May 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 26, 2022 Sold $505,000 MLS #6140171
Jan 7, 2022 Listing removed $530,000 NorthstarMLS
Jan 7, 2022 Listed $530,000 MLS #6140171
Dec 21, 2021 Sold $225,000 Public Record
Oct 8, 2021 Price changed $530,000 MLS #6021813
Jul 9, 2021 Listed $549,000 MLS #6021813

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $72,700 $72,700 $462
2024 $69,600 $69,600 $418
2022 $222,444 $139,753 $362,197 $2,280
2021 $199,298 $191,555 $390,853 $2,194
2020 $199,498 $163,655 $363,153 $2,202
2019 $167,091 $163,126 $330,217 $1,872
2018 $165,786 $192,696 $358,482 $1,776
2017 $165,986 $192,696 $358,682 $1,784
2016 $166,200 $193,700 $359,900 $1,740
2015 $166,400 $193,700 $360,100 $1,624
2014 $168,600 $193,700 $362,300 $2,044
2013 $155,300 $166,600 $321,900 $2,166
2012 $177,000 $148,200 $325,200 $2,594
2011 $194,200 $146,600 $340,800 $2,222
2010 $344,100 $2,192

Property facts

Year built
1998
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
3,144 sqft
Lot size
871,200 sqft
ZIP code
56265
City
Montevideo
Street
Highway 7
Coordinates
44.99395, -95.77642

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,716
Gross rental yield
11.21%
Implied cap rate
7.28%
Trend-extrapolated value

Frequently asked questions

When did 8083 Highway 7 last sell?
8083 Highway 7 most recently sold on May 26, 2022 for $505,000.
What is the current tax assessment for 8083 Highway 7?
The most recent total assessment for 8083 Highway 7 (year 2025) is $72,700 with $462 in property tax.
How does 8083 Highway 7's assessment compare to its last sale price?
The current assessment is 85.6% below the last sale price of $505,000.
When was 8083 Highway 7 built?
8083 Highway 7 was built in 1998.
How does 8083 Highway 7 compare to others on Highway 7?
We track 5 other properties on Highway 7. Browse the list under "Other properties on Highway 7" to compare beds, baths, and sale history.
What are the property facts for 8083 Highway 7?
8083 Highway 7 is a 3 bed, 3 bath, 3,144 sqft, 871,200 sqft lot single_family.
Is 8083 Highway 7 a flip candidate?
Yes — 8083 Highway 7 appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8083 Highway 7 a tax-appeal candidate?
No — 8083 Highway 7 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
-1.1%
Implied 1-yr
-4.5%
2026 Q3
$186.8K
2026 Q4
$184.5K
ZIP 56265 — Median Price History + Forecast

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