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721 Mechanic St

Edgerton, MN 56128

3 bd 2 ba 1,838 sqft Built 1900 Lot 11,238 sqft single_family
Most recent sale
$80,000
Dec 1, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 1, 2021 Sold $80,000 Public Record
Nov 30, 2021 Sold $80,000 MLS #6084856
Sep 29, 2021 Price changed $115,900 MLS #22104856
Aug 31, 2021 Price changed $139,900 MLS #22104856
Aug 20, 2021 Listed $144,900 MLS #6084856
Aug 16, 2021 Listed $144,900 MLS #22104856
Mar 15, 2019 Sold $35,000 MLS #5155464
Mar 5, 2019 Listing removed $39,900 Willmar
Aug 15, 2018 Price changed $39,900 MLS #6029920
Mar 19, 2018 Listed $39,900 MLS #5155464

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $113,700 $13,100 $126,800 $1,820
2025 $91,400 $13,100 $104,500 $1,424
2024 $89,300 $13,100 $102,400 $1,338
2023 $84,000 $9,400 $93,400 $1,456
2021 $58,600 $9,400 $68,000 $1,034
2020 $58,600 $9,400 $68,000 $1,198
2019 $62,120 $794
2018 $41,020 $726
2017 $39,720 $960
2016 $39,820 $934
2015 $39,820 $948
2014 $33,726 $6,674 $40,400 $460
2013 $23,803 $4,497 $28,300 $458
2012 $20,804 $4,496 $25,300 $542
2011 $23,897 $4,503 $28,400 $496

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,838 sqft
Lot size
11,238 sqft
ZIP code
56128
City
Edgerton
Street
Mechanic St
Coordinates
43.87429, -96.12747

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$480
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 721 Mechanic St last sell?
721 Mechanic St most recently sold on Dec 1, 2021 for $80,000.
What is the current tax assessment for 721 Mechanic St?
The most recent total assessment for 721 Mechanic St (year 2026) is $126,800 with $1,820 in property tax.
How does 721 Mechanic St's assessment compare to its last sale price?
The current assessment is 58.5% above the last sale price of $80,000.
When was 721 Mechanic St built?
721 Mechanic St was built in 1900.
How does 721 Mechanic St compare to others on Mechanic St?
We track 8 other properties on Mechanic St. Browse the list under "Other properties on Mechanic St" to compare beds, baths, and sale history.
What are the property facts for 721 Mechanic St?
721 Mechanic St is a 3 bed, 2 bath, 1,838 sqft, 11,238 sqft lot single_family.
Is 721 Mechanic St a flip candidate?
No — 721 Mechanic St does not appear in our flips dataset.
Is 721 Mechanic St a tax-appeal candidate?
Yes — 721 Mechanic St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-6.2%
Implied 1-yr
-24.6%
2026 Q1
$81.9K
2026 Q2
$73.5K
ZIP 56128 — Median Price History + Forecast

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