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38 Somerset Dr

Waconia, MN 55387

2 bd 1 ba 844 sqft Built 1982 Lot 1,045 sqft townhomes
Most recent sale
$207,500
Dec 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 7, 2022 Sold $207,500 NorthstarMLS
Nov 8, 2022 Relisted $189,850 NorthstarMLS
Oct 25, 2022 Listing removed NorthstarMLS
Oct 13, 2022 Listed $189,850 NorthstarMLS
Mar 30, 2012 Sold $83,700 NorthstarMLS
Oct 7, 2011 Price changed $99,900 NorthstarMLS
Oct 1, 2011 Listed $109,900 NorthstarMLS
May 27, 2004 Sold $130,000 Public Record
Aug 7, 1995 Sold $74,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $105,200 $1,556
2021 $100,900 $1,520
2020 $93,800 $1,364
2019 $81,100 $1,282
2018 $78,000 $1,152
2017 $71,200 $1,054
2016 $75,400 $1,100
2015 $65,700 $986
2014 $54,500 $878
2013 $51,500 $868
2012 $68,200 $1,018
2011 $70,100 $31,600 $101,700 $1,126
2010 $75,800 $35,700 $111,500 $1,082
2009 $79,100 $35,700 $114,800 $1,066
2008 $84,200 $37,600 $121,800 $1,186
2007 $85,100 $37,600 $122,700 $1,204

Property facts

Year built
1982
Property type
townhomes
Stories
1
Beds
2
Baths
1
Living area
844 sqft
Lot size
1,045 sqft
ZIP code
55387
City
Waconia
Street
Somerset Dr
Coordinates
44.83888, -93.78760

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
$1,266
Gross rental yield
7.32%
Implied cap rate
4.76%
Trend-extrapolated value

Frequently asked questions

When did 38 Somerset Dr last sell?
38 Somerset Dr most recently sold on Dec 7, 2022 for $207,500.
What is the current tax assessment for 38 Somerset Dr?
The most recent total assessment for 38 Somerset Dr (year 2022) is $105,200 with $1,556 in property tax.
How does 38 Somerset Dr's assessment compare to its last sale price?
The current assessment is 49.3% below the last sale price of $207,500.
When was 38 Somerset Dr built?
38 Somerset Dr was built in 1982.
How does 38 Somerset Dr compare to others on Somerset Dr?
We track 8 other properties on Somerset Dr. Browse the list under "Other properties on Somerset Dr" to compare beds, baths, and sale history.
What are the property facts for 38 Somerset Dr?
38 Somerset Dr is a 2 bed, 1 bath, 844 sqft, 1,045 sqft lot townhomes.
Is 38 Somerset Dr a flip candidate?
No — 38 Somerset Dr does not appear in our flips dataset.
Is 38 Somerset Dr a tax-appeal candidate?
No — 38 Somerset Dr 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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