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1508 Independence Dr

Northfield, MN 55057

2 bd 3 ba 1,813 sqft Built 2002 townhomes
Most recent sale
$271,900
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 15, 2022 Sold $271,900 MLS #6214080
Jun 6, 2022 Listed $249,900 MLS #6214080
Jun 11, 2021 Sold $244,700 MLS #5747198
May 31, 2021 Relisted $244,700 MLS #5747198
May 12, 2021 Listing removed $244,700 NorthstarMLS
Apr 30, 2021 Listed $244,700 MLS #5747198
Jan 21, 2004 Sold $172,315 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $214,800 $43,600 $258,400 $4,042
2023 $195,600 $40,700 $236,300 $3,352
2022 $164,100 $38,800 $202,900 $2,988
2021 $136,556 $32,977 $169,533 $2,624
2020 $136,556 $32,977 $169,533 $2,644
2019 $133,128 $31,282 $164,410 $2,464
2018 $120,191 $28,414 $148,605 $2,251
2017 $106,349 $25,143 $131,492 $1,843
2016 $92,849 $23,274 $116,123 $1,907
2015 $91,226 $22,499 $113,725 $1,828
2014 $86,049 $21,027 $107,076 $1,895
2013 $85,107 $20,552 $105,659 $1,994
2012 $87,593 $20,682 $108,275 $1,842
2011 $89,230 $21,879 $111,109 $1,770
2009 $138,600 $33,000 $171,600 $1,911
2008 $138,600 $33,000 $171,600 $2,011
2007 $135,900 $33,000 $168,900 $1,850

Property facts

Year built
2002
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
1,813 sqft
Lot size
ZIP code
55057
City
Northfield
Street
Independence Dr
Coordinates
44.47587, -93.17986

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
$2,720
Gross rental yield
12.00%
Implied cap rate
7.80%
Trend-extrapolated value

Frequently asked questions

When did 1508 Independence Dr last sell?
1508 Independence Dr most recently sold on Jul 15, 2022 for $271,900.
What is the current tax assessment for 1508 Independence Dr?
The most recent total assessment for 1508 Independence Dr (year 2025) is $258,400 with $4,042 in property tax.
How does 1508 Independence Dr's assessment compare to its last sale price?
The current assessment is 5.0% below the last sale price of $271,900.
When was 1508 Independence Dr built?
1508 Independence Dr was built in 2002.
How does 1508 Independence Dr compare to others on Independence Dr?
We track 8 other properties on Independence Dr. Browse the list under "Other properties on Independence Dr" to compare beds, baths, and sale history.
What are the property facts for 1508 Independence Dr?
1508 Independence Dr is a 2 bed, 3 bath, 1,813 sqft townhomes.
Is 1508 Independence Dr a flip candidate?
No — 1508 Independence Dr does not appear in our flips dataset.
Is 1508 Independence Dr a tax-appeal candidate?
No — 1508 Independence 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
+1.3%
Implied 1-yr
+5.2%
2026 Q3
$391.1K
2026 Q4
$395.8K
ZIP 55057 — Median Price History + Forecast

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