1040 Oakwood Rd
Newport, MN 55055
4 bd 3 ba 2,624 sqft Built 2021 Lot 10,342 sqft single_family
Most recent sale
$575,000
Jun 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 16, 2022 | Sold | $575,000 | MLS #6175952 |
| May 9, 2022 | Price changed | $600,000 | MLS #6175952 |
| Apr 7, 2022 | Listed | $625,000 | MLS #6175952 |
| May 17, 2021 | Sold | $512,921 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $409,000 | $130,000 | $539,000 | $7,896 |
| 2024 | $417,400 | $160,000 | $577,400 | $7,922 |
| 2023 | $378,300 | $199,000 | $577,300 | $8,200 |
| 2022 | $103,600 | $157,400 | $261,000 | $4,150 |
| 2021 | — | $57,900 | $57,900 | $1,104 |
| 2020 | — | $4,300 | $4,300 | $128 |
Property facts
Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,624 sqft
Lot size
10,342 sqft
ZIP code
55055
City
Newport
Street
Oakwood Rd
Coordinates
44.88740, -92.97875
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,936
Gross rental yield
8.21%
Implied cap rate
5.34%
Trend-extrapolated value
—
Frequently asked questions
When did 1040 Oakwood Rd last sell?
1040 Oakwood Rd most recently sold on Jun 16, 2022 for $575,000.
What is the current tax assessment for 1040 Oakwood Rd?
The most recent total assessment for 1040 Oakwood Rd (year 2025) is $539,000 with $7,896 in property tax.
How does 1040 Oakwood Rd's assessment compare to its last sale price?
The current assessment is 6.3% below the last sale price of $575,000.
When was 1040 Oakwood Rd built?
1040 Oakwood Rd was built in 2021.
How does 1040 Oakwood Rd compare to others on Oakwood Rd?
We track 8 other properties on Oakwood Rd. Browse the list under "Other properties on Oakwood Rd" to compare beds, baths, and sale history.
What are the property facts for 1040 Oakwood Rd?
1040 Oakwood Rd is a 4 bed, 3 bath, 2,624 sqft, 10,342 sqft lot single_family.
Is 1040 Oakwood Rd a flip candidate?
No — 1040 Oakwood Rd does not appear in our flips dataset.
Is 1040 Oakwood Rd a tax-appeal candidate?
No — 1040 Oakwood Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.0%
Implied 1-yr
+20.1%
2026 Q3
$466K
2026 Q4
$483.7K
ZIP 55055 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Oakwood Rd