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7260 61st St

Cottage Grove, MN 55016

4 bd 4 ba 3,442 sqft Built 2022 Lot 8,276 sqft single_family
Most recent sale
$781,627
Sep 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 22, 2022 Sold $781,627 MLS #6159605
Mar 3, 2022 Listed $781,077 MLS #6159605
Feb 18, 2022 Sold $165,000 Public Record
Dec 20, 2021 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $559,800 $160,000 $719,800 $9,766
2024 $555,900 $180,000 $735,900 $9,384
2023 $137,800 $137,800 $1,796
2022 $59,300 $59,300 $1,014
2021 $22,300 $22,300 $412

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,442 sqft
Lot size
8,276 sqft
ZIP code
55016
City
Cottage Grove
Street
61st St
Coordinates
44.86150, -92.95841

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
$5,163
Gross rental yield
7.93%
Implied cap rate
5.15%
Trend-extrapolated value

Frequently asked questions

When did 7260 61st St last sell?
7260 61st St most recently sold on Sep 22, 2022 for $781,627.
What is the current tax assessment for 7260 61st St?
The most recent total assessment for 7260 61st St (year 2025) is $719,800 with $9,766 in property tax.
How does 7260 61st St's assessment compare to its last sale price?
The current assessment is 7.9% below the last sale price of $781,627.
When was 7260 61st St built?
7260 61st St was built in 2022.
How does 7260 61st St compare to others on 61st St?
We track 8 other properties on 61st St. Browse the list under "Other properties on 61st St" to compare beds, baths, and sale history.
What are the property facts for 7260 61st St?
7260 61st St is a 4 bed, 4 bath, 3,442 sqft, 8,276 sqft lot single_family.
Is 7260 61st St a flip candidate?
Yes — 7260 61st St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7260 61st St a tax-appeal candidate?
No — 7260 61st St 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
-1.3%
Implied 1-yr
-5.1%
2026 Q3
$433.8K
2026 Q4
$427.8K
ZIP 55016 — Median Price History + Forecast

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