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420 Murray Hill Way

Waconia, MN 55387

3 bd 3 ba 1,719 sqft Built 2022 Lot 2,178 sqft townhomes
Most recent sale
$2,247,300
Dec 6, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2025 Sold $352,000 NorthstarMLS
Dec 11, 2024 Listed $349,900 NorthstarMLS
Dec 6, 2023 Sold $2,247,300 Public Record
Feb 27, 2023 Sold $350,806 Public Record
Jan 17, 2023 Listing removed NorthstarMLS
Jan 10, 2023 Listing removed Lennar
Dec 16, 2022 Listed $386,807 NorthstarMLS
Dec 8, 2022 Listed $386,807 Lennar
Dec 2, 2022 Listing removed NorthstarMLS
Nov 22, 2022 Price changed $354,990 NorthstarMLS
Oct 24, 2022 Price changed $359,907 MLS #6273011
Oct 18, 2022 Listed $386,807 MLS #6273011
Oct 14, 2022 Listing removed NorthstarMLS
Sep 28, 2022 Price changed $359,990 MLS #6259986
Sep 21, 2022 Price changed $369,990 MLS #6259986
Sep 16, 2022 Listed $379,990 MLS #6259986
Oct 27, 2021 Sold $332,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $277,300 $45,000 $322,300 $4,082
2023 $23,400 $35,000 $58,400 $724
2022 $18,000 $18,000 $302

Property facts

Year built
2022
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,719 sqft
Lot size
2,178 sqft
ZIP code
55387
City
Waconia
Street
Murray Hill Way
Coordinates
44.83054, -93.79094

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
$13,484
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 420 Murray Hill Way last sell?
420 Murray Hill Way most recently sold on Dec 6, 2023 for $2,247,300.
What is the current tax assessment for 420 Murray Hill Way?
The most recent total assessment for 420 Murray Hill Way (year 2025) is $322,300 with $4,082 in property tax.
How does 420 Murray Hill Way's assessment compare to its last sale price?
The current assessment is 85.7% below the last sale price of $2,247,300.
When was 420 Murray Hill Way built?
420 Murray Hill Way was built in 2022.
How does 420 Murray Hill Way compare to others on Murray Hill Way?
We track 8 other properties on Murray Hill Way. Browse the list under "Other properties on Murray Hill Way" to compare beds, baths, and sale history.
What are the property facts for 420 Murray Hill Way?
420 Murray Hill Way is a 3 bed, 3 bath, 1,719 sqft, 2,178 sqft lot townhomes.
Is 420 Murray Hill Way a flip candidate?
Yes — 420 Murray Hill Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 420 Murray Hill Way a tax-appeal candidate?
No — 420 Murray Hill Way 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
-5.3%
Implied 1-yr
-21.1%
2026 Q3
$388.2K
2026 Q4
$357.1K
ZIP 55387 — Median Price History + Forecast

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