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38260 Timber Ln

North Branch, MN 55056

2 bd 2 ba 1,824 sqft Built 1968 Lot 48,352 sqft single_family
Most recent sale
$272,500
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $272,500 MLS #6215562
Jun 30, 2022 Listed $285,000 MLS #6215562
Oct 1, 1994 Sold $86,900 Public Record
Jun 23, 1988 Sold $67,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $146,300 $53,300 $199,600 $2,566
2022 $119,500 $49,100 $168,600 $2,582
2021 $113,300 $48,700 $162,000 $2,580
2020 $113,300 $48,700 $162,000 $2,426
2019 $107,200 $35,400 $142,600 $2,316
2018 $97,500 $34,900 $132,400 $1,832
2017 $69,100 $28,400 $97,500 $1,670
2016 $61,900 $26,000 $87,900 $2,254
2015 $57,600 $25,600 $83,200 $2,078
2014 $53,500 $17,100 $70,600 $1,978
2013 $50,500 $15,300 $65,800 $1,994
2012 $53,000 $16,300 $69,300 $1,514
2011 $83,400 $2,340
2010 $137,900 $2,436
2009 $102,900 $54,000 $156,900 $2,572
2008 $111,000 $60,000 $171,000 $2,562
2007 $112,400 $60,000 $172,400 $2,626

Property facts

Year built
1968
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,824 sqft
Lot size
48,352 sqft
ZIP code
55056
City
North Branch
Street
Timber Ln
Coordinates
45.50316, -92.97960

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,736
Gross rental yield
12.05%
Implied cap rate
7.83%
Trend-extrapolated value

Frequently asked questions

When did 38260 Timber Ln last sell?
38260 Timber Ln most recently sold on Sep 30, 2022 for $272,500.
What is the current tax assessment for 38260 Timber Ln?
The most recent total assessment for 38260 Timber Ln (year 2023) is $199,600 with $2,566 in property tax.
How does 38260 Timber Ln's assessment compare to its last sale price?
The current assessment is 26.8% below the last sale price of $272,500.
When was 38260 Timber Ln built?
38260 Timber Ln was built in 1968.
How does 38260 Timber Ln compare to others on Timber Ln?
We track 3 other properties on Timber Ln. Browse the list under "Other properties on Timber Ln" to compare beds, baths, and sale history.
What are the property facts for 38260 Timber Ln?
38260 Timber Ln is a 2 bed, 2 bath, 1,824 sqft, 48,352 sqft lot single_family.
Is 38260 Timber Ln a flip candidate?
No — 38260 Timber Ln does not appear in our flips dataset.
Is 38260 Timber Ln a tax-appeal candidate?
No — 38260 Timber Ln 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
+6.0%
Implied 1-yr
+23.8%
2026 Q3
$517.2K
2026 Q4
$539.4K
ZIP 55056 — Median Price History + Forecast

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