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7122 Jorgensen Ln

Cottage Grove, MN 55016

2 bd 2 ba 1,252 sqft Built 2002 Lot 1,612 sqft townhomes
Most recent sale
$234,100
Feb 14, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 4, 2024 Price changed $260,000 NorthstarMLS
Apr 2, 2024 Listed for rent $1,500 Zumper
Feb 22, 2024 Listed $266,000 NorthstarMLS
Feb 14, 2024 Sold $234,100 Public Record
Mar 2, 2019 Sold $165,000 NorthstarMLS
Jan 4, 2019 Listed $169,900 NorthstarMLS
Jun 13, 2011 Listing removed $114,900 NorthstarMLS
Oct 29, 2010 Sold $105,000 Public Record
Sep 24, 2010 Sold $105,000 NorthstarMLS
May 11, 2010 Relisted $109,900 NorthstarMLS
May 7, 2010 Listing removed $109,900 NorthstarMLS
Apr 7, 2010 Listed $109,900 NorthstarMLS
Jul 31, 2009 Listed $114,900 NorthstarMLS
Apr 18, 2003 Sold $158,750 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $138,800 $57,300 $196,100 $2,624
2024 $149,500 $52,000 $201,500 $2,504
2023 $143,000 $39,600 $182,600 $2,326
2022 $118,200 $31,700 $149,900 $2,170
2021 $107,600 $34,800 $142,400 $2,044
2020 $108,800 $32,300 $141,100 $2,092
2019 $98,400 $31,800 $130,200 $1,990
2018 $88,300 $21,600 $109,900 $1,738
2017 $85,400 $16,200 $101,600 $1,586
2016 $84,800 $16,200 $101,000 $1,640
2015 $76,700 $11,500 $88,200 $1,270
2014 $70,300 $11,300 $81,600 $1,270
2013 $63,100 $9,700 $72,800 $1,176
2011 $95,400 $30,000 $125,400 $1,518
2009 $160,200 $1,646
2007 $167,100 $1,732
2006 $167,200 $1,758

Property facts

Year built
2002
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,252 sqft
Lot size
1,612 sqft
ZIP code
55016
City
Cottage Grove
Street
Jorgensen Ln
Coordinates
44.84586, -92.90563

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
$1,878
Gross rental yield
9.63%
Implied cap rate
6.26%
Trend-extrapolated value

Frequently asked questions

When did 7122 Jorgensen Ln last sell?
7122 Jorgensen Ln most recently sold on Feb 14, 2024 for $234,100.
What is the current tax assessment for 7122 Jorgensen Ln?
The most recent total assessment for 7122 Jorgensen Ln (year 2025) is $196,100 with $2,624 in property tax.
How does 7122 Jorgensen Ln's assessment compare to its last sale price?
The current assessment is 16.2% below the last sale price of $234,100.
When was 7122 Jorgensen Ln built?
7122 Jorgensen Ln was built in 2002.
How does 7122 Jorgensen Ln compare to others on Jorgensen Ln?
We track 8 other properties on Jorgensen Ln. Browse the list under "Other properties on Jorgensen Ln" to compare beds, baths, and sale history.
What are the property facts for 7122 Jorgensen Ln?
7122 Jorgensen Ln is a 2 bed, 2 bath, 1,252 sqft, 1,612 sqft lot townhomes.
Is 7122 Jorgensen Ln a flip candidate?
No — 7122 Jorgensen Ln does not appear in our flips dataset.
Is 7122 Jorgensen Ln a tax-appeal candidate?
No — 7122 Jorgensen Ln 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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