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508 8th St

Olivia, MN 56277

3 bd 2 ba 3,868 sqft Built 1940 Lot 13,460 sqft single_family
Most recent sale
$140,000
Jan 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 20, 2022 Sold $140,000 MLS #6094175
Sep 2, 2021 Listed $155,000 MLS #6094175
Mar 5, 2020 Listing removed $133,000 NorthstarMLS
Feb 24, 2019 Listing removed $139,900 NorthstarMLS
Feb 23, 2019 Listing removed $139,900 NorthstarMLS
Aug 1, 2017 Sold $114,250 MLS #6026648
Apr 30, 2017 Listed $128,000 MLS #6026648
Jan 10, 2017 Listing removed $133,000 Willmar
Sep 28, 2016 Price changed $133,000 MLS #6024078
Jul 9, 2016 Listed $133,000 MLS #5166023
May 18, 2012 Listing removed $139,900 Willmar
Mar 23, 2012 Price changed $139,900 MLS #38233
Dec 5, 2011 Listed $158,000 MLS #38233
Dec 28, 2007 Sold $130,000 MLS #24248
Aug 31, 2007 Listed $134,900 MLS #24248
Aug 26, 2007 Listing removed $134,900 Willmar
Feb 24, 2006 Listed $134,900 MLS #18693

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $128,800 $11,100 $139,900 $2,560
2021 $128,800 $11,100 $139,900 $2,506
2020 $128,800 $11,100 $139,900 $2,388
2019 $114,500 $11,100 $125,600 $2,032
2018 $98,700 $11,100 $109,800 $1,590
2017 $82,442 $1,114
2016 $53,775 $1,762
2015 $102,934 $1,602
2014 $96,600 $1,560
2013 $93,800 $1,486
2012 $93,800 $1,620
2011 $98,400 $1,668
2010 $120,700 $11,100 $131,800 $1,728
2009 $120,700 $11,100 $131,800 $1,822

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
3,868 sqft
Lot size
13,460 sqft
ZIP code
56277
City
Olivia
Street
8th St
Coordinates
44.77146, -94.98834

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
$840
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 508 8th St last sell?
508 8th St most recently sold on Jan 20, 2022 for $140,000.
What is the current tax assessment for 508 8th St?
The most recent total assessment for 508 8th St (year 2022) is $139,900 with $2,560 in property tax.
How does 508 8th St's assessment compare to its last sale price?
The current assessment is 0.1% below the last sale price of $140,000.
When was 508 8th St built?
508 8th St was built in 1940.
How does 508 8th St compare to others on 8th St?
We track 8 other properties on 8th St. Browse the list under "Other properties on 8th St" to compare beds, baths, and sale history.
What are the property facts for 508 8th St?
508 8th St is a 3 bed, 2 bath, 3,868 sqft, 13,460 sqft lot single_family.
Is 508 8th St a flip candidate?
No — 508 8th St does not appear in our flips dataset.
Is 508 8th St a tax-appeal candidate?
No — 508 8th St 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
$198.8K
2026 Q4
$200.2K
ZIP 56277 — Median Price History + Forecast

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