7618 116th Ave
Champlin, MN 55316
3 bd 2 ba 1,690 sqft Built 1988 Lot 12,240 sqft single_family
Most recent sale
$340,000
May 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 2, 2022 | Sold | $340,000 | Public Record |
| Apr 28, 2022 | Listed | $335,000 | MLS #6148227 |
| Nov 18, 2016 | Sold | $234,900 | MLS #4733588 |
| Aug 15, 2016 | Price changed | $234,900 | MLS #4733588 |
| Aug 3, 2016 | Price changed | $239,900 | MLS #4733588 |
| Jun 27, 2016 | Listed | $245,000 | MLS #4733588 |
| Feb 24, 2016 | Sold | $94,887 | Public Record |
| Feb 3, 2016 | Sold | $90,371 | Public Record |
| Jan 1, 1988 | Sold | $85,685 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $256,800 | $103,000 | $359,800 | $4,307 |
| 2024 | $260,200 | $93,000 | $353,200 | $4,047 |
| 2020 | — | — | $250,520 | $3,153 |
| 2019 | — | — | $239,620 | $3,074 |
| 2018 | — | — | $222,180 | $2,847 |
| 2017 | — | — | $197,110 | $2,338 |
| 2016 | — | — | $167,680 | $2,291 |
| 2015 | — | — | $157,870 | $2,161 |
| 2014 | — | — | $148,060 | $2,138 |
| 2013 | — | — | $133,890 | $2,306 |
| 2012 | — | — | $140,430 | $2,393 |
| 2011 | — | — | $154,600 | $2,462 |
| 2010 | $131,000 | $53,000 | $184,000 | $2,373 |
| 2009 | $138,000 | $55,000 | $193,000 | $2,602 |
| 2008 | $162,000 | $60,000 | $222,000 | $2,554 |
| 2007 | $171,400 | $50,000 | $221,400 | $2,372 |
Property facts
Year built
1988
Property type
single_family
Stories
3
Beds
3
Baths
2
Living area
1,690 sqft
Lot size
12,240 sqft
ZIP code
55316
City
Champlin
Street
116th Ave
Coordinates
45.16419, -93.37788
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,535
Gross rental yield
8.95%
Implied cap rate
5.82%
Trend-extrapolated value
—
Frequently asked questions
When did 7618 116th Ave last sell?
7618 116th Ave most recently sold on May 2, 2022 for $340,000.
What is the current tax assessment for 7618 116th Ave?
The most recent total assessment for 7618 116th Ave (year 2025) is $359,800 with $4,307 in property tax.
How does 7618 116th Ave's assessment compare to its last sale price?
The current assessment is 5.8% above the last sale price of $340,000.
When was 7618 116th Ave built?
7618 116th Ave was built in 1988.
How does 7618 116th Ave compare to others on 116th Ave?
We track 8 other properties on 116th Ave. Browse the list under "Other properties on 116th Ave" to compare beds, baths, and sale history.
What are the property facts for 7618 116th Ave?
7618 116th Ave is a 3 bed, 2 bath, 1,690 sqft, 12,240 sqft lot single_family.
Is 7618 116th Ave a flip candidate?
No — 7618 116th Ave does not appear in our flips dataset.
Is 7618 116th Ave a tax-appeal candidate?
No — 7618 116th Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.5%
Implied 1-yr
+6.2%
2026 Q3
$430.7K
2026 Q4
$436.7K
ZIP 55316 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 116th Ave