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387 Orono Orchards Rd

Orono, MN 55391

6 bd 7 ba 7,931 sqft Built 1992 Lot 300,564 sqft single_family
Most recent sale
$2,800,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $2,800,000 MLS #6172697
Apr 16, 2022 Relisted $2,749,000 MLS #6172697
Apr 6, 2022 Listed $2,749,000 MLS #6172697
Jan 10, 2020 Sold $1,600,000 Public Record
Dec 2, 2019 Sold $1,600,000 Public Record
Oct 9, 2019 Sold $1,414,000 Public Record
Jul 9, 2019 Sold $798,824 Public Record
May 30, 2019 Sold $1,414,000 Public Record
Aug 30, 2018 Sold $3,350,000 Public Record
Dec 17, 2003 Sold $3,000,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $2,220,100 $1,072,500 $3,292,600 $38,094
2024 $1,799,300 $1,155,000 $2,954,300 $32,817
2023 $1,073,000 $963,000 $2,036,000 $22,722
2022 $798,000 $855,000 $1,653,000 $20,384
2021 $791,000 $823,000 $1,614,000 $19,819
2020 $1,296,000 $1,496,000 $2,792,000 $36,666
2019 $509,000 $1,452,000 $1,961,000 $25,828
2018 $524,000 $1,452,000 $1,976,000 $26,449
2017 $1,092,000 $1,254,000 $2,346,000 $32,144
2016 $976,000 $1,270,000 $2,246,000 $30,749
2015 $976,000 $1,210,000 $2,186,000 $29,874
2014 $943,000 $1,210,000 $2,153,000 $30,433
2013 $949,000 $1,210,000 $2,159,000 $29,261
2012 $955,000 $1,375,000 $2,330,000 $29,842
2011 $964,000 $1,525,000 $2,489,000 $30,056
2010 $1,084,000 $1,650,000 $2,734,000 $30,501
2009 $1,100,000 $1,750,000 $2,850,000 $31,195
2008 $960,400 $1,527,900 $2,488,300 $25,009
2007 $846,800 $1,317,000 $2,163,800 $21,889

Property facts

Year built
1992
Property type
single_family
Stories
2
Beds
6
Baths
7
Living area
7,931 sqft
Lot size
300,564 sqft
ZIP code
55391
City
Orono
Street
Orono Orchards Rd
Coordinates
44.97246, -93.56068

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
$11,897
Gross rental yield
5.10%
Implied cap rate
3.31%
Trend-extrapolated value

Frequently asked questions

When did 387 Orono Orchards Rd last sell?
387 Orono Orchards Rd most recently sold on Apr 29, 2022 for $2,800,000.
What is the current tax assessment for 387 Orono Orchards Rd?
The most recent total assessment for 387 Orono Orchards Rd (year 2025) is $3,292,600 with $38,094 in property tax.
How does 387 Orono Orchards Rd's assessment compare to its last sale price?
The current assessment is 17.6% above the last sale price of $2,800,000.
When was 387 Orono Orchards Rd built?
387 Orono Orchards Rd was built in 1992.
How does 387 Orono Orchards Rd compare to others on Orono Orchards Rd?
We track 2 other properties on Orono Orchards Rd. Browse the list under "Other properties on Orono Orchards Rd" to compare beds, baths, and sale history.
What are the property facts for 387 Orono Orchards Rd?
387 Orono Orchards Rd is a 6 bed, 7 bath, 7,931 sqft, 300,564 sqft lot single_family.
Is 387 Orono Orchards Rd a flip candidate?
Yes — 387 Orono Orchards Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 387 Orono Orchards Rd a tax-appeal candidate?
Yes — 387 Orono Orchards Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.7%
Implied 1-yr
+26.8%
2026 Q3
$2.76M
2026 Q4
$2.89M
ZIP 55391 — Median Price History + Forecast

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