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8031 Covered Bridge Rd

Prior Lake, MN 55372

6 bd 5 ba 4,797 sqft Built 2013 Lot 29,621 sqft single_family
Most recent sale
$859,000
May 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 25, 2022 Sold $859,000 MLS #6157981
Apr 15, 2022 Price changed $865,000 MLS #6157981
Mar 31, 2022 Listed $875,000 MLS #6157981
Jun 1, 2018 Sold $660,000 MLS #4907423
Mar 13, 2018 Price changed $674,900 MLS #4907423
Feb 13, 2018 Listed $699,900 MLS #4907423
Oct 21, 2014 Sold $583,000 MLS #4499230
Oct 2, 2014 Relisted $645,000 MLS #4499230
Sep 29, 2014 Listing removed $645,000 NorthstarMLS
Sep 5, 2014 Price changed $645,000 MLS #4499230
Aug 11, 2014 Price changed $647,500 MLS #4499230
Jun 27, 2014 Listed $650,000 MLS #4499230
Jun 21, 2014 Listing removed $674,900 NorthstarMLS
May 27, 2014 Price changed $674,900 MLS #4464780
May 5, 2014 Price changed $679,900 MLS #4464780
Apr 22, 2014 Price changed $685,000 MLS #4464780
Apr 8, 2014 Listed $690,000 MLS #4464780
Apr 7, 2014 Listing removed $735,000 NorthstarMLS
Jan 27, 2014 Listed $735,000 MLS #4442971
Jan 16, 2014 Listing removed $735,000 NorthstarMLS
Dec 20, 2013 Listed $735,000 MLS #4436381
Dec 20, 2013 Listing removed $735,000 NorthstarMLS
Oct 9, 2013 Listed $735,000 MLS #4420383
Oct 9, 2013 Listing removed $735,000 NorthstarMLS
Jul 25, 2013 Listed $735,000 MLS #1158603
Jan 29, 2013 Sold $125,000 MLS #4320141
Oct 21, 2011 Listed $150,000 MLS #4097094
Dec 1, 2010 Listed $150,000 MLS #3993947
Dec 19, 2005 Sold $1,395,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $722,400 $207,400 $929,800 $10,488
2024 $726,100 $207,400 $933,500 $10,558
2023 $751,100 $8,148
2022 $558,600 $6,250
2021 $527,400 $5,920
2020 $518,400 $128,100 $646,500 $7,884
2019 $515,700 $128,100 $643,800 $7,464
2018 $499,400 $119,800 $619,200 $7,330
2017 $535,000 $115,000 $650,000 $7,650
2016 $528,200 $111,400 $639,600 $7,836
2015 $558,400 $143,700 $702,100 $8,226
2014 $137,100 $137,100 $1,926
2013 $137,100 $137,100 $1,860
2012 $137,100 $137,100 $1,772
2011 $148,500 $148,500 $1,930
2010 $148,500 $148,500 $1,702

Property facts

Year built
2013
Property type
single_family
Stories
2
Beds
6
Baths
5
Living area
4,797 sqft
Lot size
29,621 sqft
ZIP code
55372
City
Prior Lake
Street
Covered Bridge Rd
Coordinates
44.63841, -93.35842

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,196
Gross rental yield
10.05%
Implied cap rate
6.53%
Trend-extrapolated value

Frequently asked questions

When did 8031 Covered Bridge Rd last sell?
8031 Covered Bridge Rd most recently sold on May 25, 2022 for $859,000.
What is the current tax assessment for 8031 Covered Bridge Rd?
The most recent total assessment for 8031 Covered Bridge Rd (year 2025) is $929,800 with $10,488 in property tax.
How does 8031 Covered Bridge Rd's assessment compare to its last sale price?
The current assessment is 8.2% above the last sale price of $859,000.
When was 8031 Covered Bridge Rd built?
8031 Covered Bridge Rd was built in 2013.
How does 8031 Covered Bridge Rd compare to others on Covered Bridge Rd?
We track 3 other properties on Covered Bridge Rd. Browse the list under "Other properties on Covered Bridge Rd" to compare beds, baths, and sale history.
What are the property facts for 8031 Covered Bridge Rd?
8031 Covered Bridge Rd is a 6 bed, 5 bath, 4,797 sqft, 29,621 sqft lot single_family.
Is 8031 Covered Bridge Rd a flip candidate?
No — 8031 Covered Bridge Rd does not appear in our flips dataset.
Is 8031 Covered Bridge Rd a tax-appeal candidate?
No — 8031 Covered Bridge Rd 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
+1.1%
Implied 1-yr
+4.3%
2026 Q3
$886K
2026 Q4
$894.9K
ZIP 55372 — Median Price History + Forecast

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