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7241 Timber Ridge Cv

Cottage Grove, MN 55016

4 bd 4 ba 3,350 sqft Built 2003 Lot 37,962 sqft single_family
Most recent sale
$589,000
Aug 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 29, 2022 Sold $589,000 Public Record
May 17, 2022 Listed $589,000 MLS #6197294
Jun 27, 2003 Sold $346,880 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $395,900 $116,400 $512,300 $6,614
2024 $397,700 $156,500 $554,200 $6,800
2023 $370,300 $119,900 $490,200 $6,022
2022 $310,600 $99,500 $410,100 $5,662
2021 $300,000 $116,000 $416,000 $5,680
2020 $300,000 $116,000 $416,000 $5,518
2019 $299,400 $91,600 $391,000 $5,360
2018 $278,200 $91,100 $369,300 $5,246
2017 $260,700 $93,700 $354,400 $4,980
2016 $256,800 $83,500 $340,300 $5,186
2015 $240,900 $100,300 $341,200 $4,572
2014 $248,600 $89,300 $337,900 $4,376
2013 $231,500 $68,300 $299,800 $4,298
2012 $218,300 $67,300 $285,600 $4,180
2011 $218,400 $83,500 $301,900 $3,872
2010 $226,300 $78,400 $304,700 $4,010

Property facts

Year built
2003
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,350 sqft
Lot size
37,962 sqft
ZIP code
55016
City
Cottage Grove
Street
Timber Ridge Cv
Coordinates
44.84264, -92.96357

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,025
Gross rental yield
10.24%
Implied cap rate
6.65%
Trend-extrapolated value

Frequently asked questions

When did 7241 Timber Ridge Cv last sell?
7241 Timber Ridge Cv most recently sold on Aug 29, 2022 for $589,000.
What is the current tax assessment for 7241 Timber Ridge Cv?
The most recent total assessment for 7241 Timber Ridge Cv (year 2025) is $512,300 with $6,614 in property tax.
How does 7241 Timber Ridge Cv's assessment compare to its last sale price?
The current assessment is 13.0% below the last sale price of $589,000.
When was 7241 Timber Ridge Cv built?
7241 Timber Ridge Cv was built in 2003.
How does 7241 Timber Ridge Cv compare to others on Timber Ridge Cv?
We do not currently track other properties on Timber Ridge Cv.
What are the property facts for 7241 Timber Ridge Cv?
7241 Timber Ridge Cv is a 4 bed, 4 bath, 3,350 sqft, 37,962 sqft lot single_family.
Is 7241 Timber Ridge Cv a flip candidate?
No — 7241 Timber Ridge Cv does not appear in our flips dataset.
Is 7241 Timber Ridge Cv a tax-appeal candidate?
No — 7241 Timber Ridge Cv 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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