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8971 Packard Ave

Otsego, MN 55330

4 bd 2 ba 1,981 sqft Built 1991 Lot 128,938 sqft single_family
Most recent sale
$411,000
Aug 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 26, 2022 Sold $411,000 MLS #6236448
Jul 19, 2022 Listed $399,900 MLS #6236448
Feb 17, 2015 Sold $231,500 Public Record
Jan 3, 2015 Sold $231,500 MLS #4547157
Dec 1, 2014 Listed $224,900 MLS #4547157

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $301,900 $4,154
2019 $265,800 $3,606
2018 $247,100 $3,390
2017 $161,075 $70,025 $231,100 $3,168
2016 $152,527 $57,973 $210,500 $2,840
2015 $205,400 $2,396
2014 $164,100 $2,572
2013 $165,800 $2,520
2012 $156,500 $2,634
2011 $173,000 $2,670
2010 $124,600 $78,500 $203,100 $2,780
2008 $162,900 $65,000 $227,900 $2,372

Property facts

Year built
1991
Property type
single_family
Stories
4
Beds
4
Baths
2
Living area
1,981 sqft
Lot size
128,938 sqft
ZIP code
55330
City
Otsego
Street
Packard Ave
Coordinates
45.28088, -93.58018

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,972
Gross rental yield
8.68%
Implied cap rate
5.64%
Trend-extrapolated value

Frequently asked questions

When did 8971 Packard Ave last sell?
8971 Packard Ave most recently sold on Aug 26, 2022 for $411,000.
What is the current tax assessment for 8971 Packard Ave?
The most recent total assessment for 8971 Packard Ave (year 2020) is $301,900 with $4,154 in property tax.
How does 8971 Packard Ave's assessment compare to its last sale price?
The current assessment is 26.5% below the last sale price of $411,000.
When was 8971 Packard Ave built?
8971 Packard Ave was built in 1991.
How does 8971 Packard Ave compare to others on Packard Ave?
We track 8 other properties on Packard Ave. Browse the list under "Other properties on Packard Ave" to compare beds, baths, and sale history.
What are the property facts for 8971 Packard Ave?
8971 Packard Ave is a 4 bed, 2 bath, 1,981 sqft, 128,938 sqft lot single_family.
Is 8971 Packard Ave a flip candidate?
No — 8971 Packard Ave does not appear in our flips dataset.
Is 8971 Packard Ave a tax-appeal candidate?
No — 8971 Packard Ave 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
+0.0%
Implied 1-yr
+0.0%
2026 Q3
$403.1K
2026 Q4
$403.2K
ZIP 55330 — Median Price History + Forecast

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