987 Spruce St
Newport, MN 55055
3 bd 3 ba 3,246 sqft Built 2021 Lot 6,970 sqft single_family
Most recent sale
$633,278
Apr 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 5, 2022 | Sold | $633,278 | MLS #6122893 |
| Nov 2, 2021 | Listed | $633,278 | MLS #6122893 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $448,400 | $130,000 | $578,400 | $8,572 |
| 2024 | $462,200 | $185,900 | $648,100 | $9,044 |
| 2023 | $165,900 | $218,900 | $384,800 | $5,344 |
| 2022 | — | $128,000 | $128,000 | $2,426 |
| 2021 | — | $57,900 | $57,900 | $1,104 |
| 2020 | — | $57,900 | $57,900 | $112 |
Property facts
Year built
2021
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
3,246 sqft
Lot size
6,970 sqft
ZIP code
55055
City
Newport
Street
Spruce St
Coordinates
44.88459, -92.97808
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,869
Gross rental yield
9.23%
Implied cap rate
6.00%
Trend-extrapolated value
—
Frequently asked questions
When did 987 Spruce St last sell?
987 Spruce St most recently sold on Apr 5, 2022 for $633,278.
What is the current tax assessment for 987 Spruce St?
The most recent total assessment for 987 Spruce St (year 2025) is $578,400 with $8,572 in property tax.
How does 987 Spruce St's assessment compare to its last sale price?
The current assessment is 8.7% below the last sale price of $633,278.
When was 987 Spruce St built?
987 Spruce St was built in 2021.
How does 987 Spruce St compare to others on Spruce St?
We track 8 other properties on Spruce St. Browse the list under "Other properties on Spruce St" to compare beds, baths, and sale history.
What are the property facts for 987 Spruce St?
987 Spruce St is a 3 bed, 3 bath, 3,246 sqft, 6,970 sqft lot single_family.
Is 987 Spruce St a flip candidate?
No — 987 Spruce St does not appear in our flips dataset.
Is 987 Spruce St a tax-appeal candidate?
No — 987 Spruce St 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
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Geography
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