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8577 Gatewater Dr

Monticello, MN 55362

4 bd 2 ba 2,140 sqft Built 2005 Lot 8,712 sqft single_family
Most recent sale
$375,000
Jul 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 8, 2022 Sold $375,000 MLS #6214826
Jun 7, 2022 Listed $375,000 MLS #6214826
May 25, 2022 Listed $375,000 MLS #6198730
May 15, 2013 Sold $149,901 MLS #4351862
Apr 3, 2013 Listed $149,900 MLS #4351862
Sep 7, 2005 Sold $233,763 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $278,500 $90,000 $368,500 $3,884
2024 $278,500 $90,000 $368,500 $3,766
2022 $212,500 $60,000 $272,500 $3,130
2021 $208,200 $55,000 $263,200 $3,036
2020 $208,200 $55,000 $263,200 $2,944
2019 $198,700 $55,000 $253,700 $2,822
2018 $188,000 $50,000 $238,000 $2,458
2017 $177,300 $47,000 $224,300 $2,308
2016 $167,400 $40,000 $207,400 $2,240
2015 $158,500 $38,000 $196,500 $2,148
2014 $151,400 $34,000 $185,400 $2,238
2013 $131,100 $34,000 $165,100 $2,020
2012 $148,500 $2,536
2011 $171,800 $2,438
2010 $139,600 $45,000 $184,600 $2,574
2008 $173,100 $51,000 $224,100 $2,650

Property facts

Year built
2005
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,140 sqft
Lot size
8,712 sqft
ZIP code
55362
City
Monticello
Street
Gatewater Dr
Coordinates
45.27541, -93.75883

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
$3,210
Gross rental yield
10.27%
Implied cap rate
6.68%
Trend-extrapolated value

Frequently asked questions

When did 8577 Gatewater Dr last sell?
8577 Gatewater Dr most recently sold on Jul 8, 2022 for $375,000.
What is the current tax assessment for 8577 Gatewater Dr?
The most recent total assessment for 8577 Gatewater Dr (year 2025) is $368,500 with $3,884 in property tax.
How does 8577 Gatewater Dr's assessment compare to its last sale price?
The current assessment is 1.7% below the last sale price of $375,000.
When was 8577 Gatewater Dr built?
8577 Gatewater Dr was built in 2005.
How does 8577 Gatewater Dr compare to others on Gatewater Dr?
We track 8 other properties on Gatewater Dr. Browse the list under "Other properties on Gatewater Dr" to compare beds, baths, and sale history.
What are the property facts for 8577 Gatewater Dr?
8577 Gatewater Dr is a 4 bed, 2 bath, 2,140 sqft, 8,712 sqft lot single_family.
Is 8577 Gatewater Dr a flip candidate?
No — 8577 Gatewater Dr does not appear in our flips dataset.
Is 8577 Gatewater Dr a tax-appeal candidate?
No — 8577 Gatewater 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
+1.9%
Implied 1-yr
+7.7%
2026 Q3
$487.5K
2026 Q4
$487.5K
ZIP 55362 — Median Price History + Forecast

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