8040 Padre Way
Otsego, MN 55330
5 bd 4 ba 2,701 sqft Built 2001 Lot 18,861 sqft single_family
Most recent sale
$449,950
Sep 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 30, 2022 | Sold | $449,950 | MLS #6203964 |
| Aug 11, 2022 | Price changed | $449,950 | MLS #6203964 |
| Jul 22, 2022 | Relisted | $460,000 | MLS #6203964 |
| May 31, 2022 | Listed | $460,000 | MLS #6203964 |
| May 1, 2002 | Sold | $254,578 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $348,600 | $95,000 | $443,600 | $4,902 |
| 2024 | $348,600 | $95,000 | $443,600 | $4,950 |
| 2020 | — | — | $330,900 | $4,518 |
| 2019 | — | — | $312,300 | $4,176 |
| 2018 | — | — | $313,600 | $3,830 |
| 2017 | $245,051 | $43,449 | $288,500 | $3,730 |
| 2016 | $234,544 | $43,256 | $277,800 | $3,668 |
| 2015 | — | — | $266,800 | $3,620 |
| 2014 | — | — | $250,200 | $3,824 |
| 2013 | — | — | $226,900 | $3,314 |
| 2012 | — | — | $207,000 | $2,970 |
| 2011 | — | — | $195,700 | $2,920 |
| 2010 | $165,400 | $55,000 | $220,400 | $2,980 |
| 2008 | $210,100 | $65,000 | $275,100 | $2,924 |
Property facts
Year built
2001
Property type
single_family
Stories
4
Beds
5
Baths
4
Living area
2,701 sqft
Lot size
18,861 sqft
ZIP code
55330
City
Otsego
Street
Padre Way
Coordinates
45.26736, -93.57655
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,052
Gross rental yield
10.81%
Implied cap rate
7.02%
Trend-extrapolated value
—
Frequently asked questions
When did 8040 Padre Way last sell?
8040 Padre Way most recently sold on Sep 30, 2022 for $449,950.
What is the current tax assessment for 8040 Padre Way?
The most recent total assessment for 8040 Padre Way (year 2025) is $443,600 with $4,902 in property tax.
How does 8040 Padre Way's assessment compare to its last sale price?
The current assessment is 1.4% below the last sale price of $449,950.
When was 8040 Padre Way built?
8040 Padre Way was built in 2001.
How does 8040 Padre Way compare to others on Padre Way?
We track 1 other property on Padre Way. Browse the list under "Other properties on Padre Way" to compare beds, baths, and sale history.
What are the property facts for 8040 Padre Way?
8040 Padre Way is a 5 bed, 4 bath, 2,701 sqft, 18,861 sqft lot single_family.
Is 8040 Padre Way a flip candidate?
No — 8040 Padre Way does not appear in our flips dataset.
Is 8040 Padre Way a tax-appeal candidate?
No — 8040 Padre Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.0%
Implied 1-yr
+0.0%
2026 Q3
$403.1K
2026 Q4
$403.2K
ZIP 55330 — Median Price History + Forecast
Explore nearby
Geography
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