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721 Independence Dr

Big Lake, MN 55309

3 bd 2 ba 1,692 sqft Built 2003 Lot 1,742 sqft townhomes
Most recent sale
$235,000
Oct 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 3, 2022 Sold $235,000 MLS #6235506
Aug 5, 2022 Listed $235,000 MLS #6235506
Jan 15, 2021 Sold $207,000 MLS #5693362
Dec 12, 2020 Listed $200,000 MLS #5693362
Sep 2, 2017 Sold $165,000 MLS #4850846
Jul 6, 2017 Listed $165,000 MLS #4850846
May 18, 2007 Sold $148,000 Public Record
May 12, 2006 Listed $156,900 MLS #3200871
Nov 22, 2004 Sold $194,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $195,085 $29,339 $224,424 $3,004
2023 $175,300 $31,402 $206,702 $2,650
2022 $137,201 $22,086 $159,287 $2,486
2021 $127,732 $19,129 $146,861 $2,288
2020 $127,732 $19,129 $146,861 $2,192
2019 $120,883 $14,533 $135,416 $1,990
2018 $108,100 $12,492 $120,592 $1,994
2017 $104,401 $10,959 $115,360 $1,944
2016 $98,790 $9,158 $107,948 $2,038
2015 $104,800 $9,300 $114,100 $1,890
2014 $98,100 $13,800 $111,900 $1,910
2013 $94,000 $13,600 $107,600 $1,904
2012 $94,000 $13,600 $107,600 $1,976
2011 $101,500 $16,000 $117,500 $1,914
2010 $123,200 $24,400 $147,600 $2,558
2009 $182,700 $35,500 $218,200 $2,592
2008 $199,100 $38,900 $238,000 $2,820
2007 $199,100 $35,700 $234,800 $2,776

Property facts

Year built
2003
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,692 sqft
Lot size
1,742 sqft
ZIP code
55309
City
Big Lake
Street
Independence Dr
Coordinates
45.32401, -93.75583

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
$2,538
Gross rental yield
12.96%
Implied cap rate
8.42%
Trend-extrapolated value

Frequently asked questions

When did 721 Independence Dr last sell?
721 Independence Dr most recently sold on Oct 3, 2022 for $235,000.
What is the current tax assessment for 721 Independence Dr?
The most recent total assessment for 721 Independence Dr (year 2025) is $224,424 with $3,004 in property tax.
How does 721 Independence Dr's assessment compare to its last sale price?
The current assessment is 4.5% below the last sale price of $235,000.
When was 721 Independence Dr built?
721 Independence Dr was built in 2003.
How does 721 Independence Dr compare to others on Independence Dr?
We track 8 other properties on Independence Dr. Browse the list under "Other properties on Independence Dr" to compare beds, baths, and sale history.
What are the property facts for 721 Independence Dr?
721 Independence Dr is a 3 bed, 2 bath, 1,692 sqft, 1,742 sqft lot townhomes.
Is 721 Independence Dr a flip candidate?
No — 721 Independence Dr does not appear in our flips dataset.
Is 721 Independence Dr a tax-appeal candidate?
No — 721 Independence 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
+1.1%
Implied 1-yr
+4.5%
2026 Q3
$400.1K
2026 Q4
$404.3K
ZIP 55309 — Median Price History + Forecast

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