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614 7th Ave

Faribault, MN 55021

3 bd 2 ba 1,362 sqft Built 1941 Lot 8,886 sqft single_family
Most recent sale
$184,000
May 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 30, 2025 Sold $200,000 NorthstarMLS
May 14, 2025 Listed $199,900 NorthstarMLS
May 6, 2022 Sold $184,000 MLS #6164097
Apr 12, 2022 Relisted $184,900 MLS #6164097
Mar 28, 2022 Listed $184,900 MLS #6164097
Sep 1, 2017 Sold $156,900 MLS #4859251
Jul 27, 2017 Listed $149,900 MLS #4859251
Jul 7, 2016 Sold $120,000 MLS #4718848
May 31, 2016 Listed $120,000 MLS #4071538
May 22, 2016 Listed $120,000 MLS #4718848
Jul 25, 2008 Sold $107,000 MLS #4001769
Mar 19, 2008 Listed $115,000 MLS #4001769
Mar 16, 2007 Listing removed $167,900 Southeastminnesota
Oct 16, 2006 Listed $167,900 MLS #2924378
Jul 7, 2005 Sold $156,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $113,200 $1,532
2019 $100,500 $1,386
2018 $74,000 $1,072
2017 $64,500 $978
2016 $62,900 $982
2015 $70,600 $1,038
2014 $66,100 $1,060
2013 $66,100 $968
2012 $102,000 $1,292
2011 $128,700 $1,166
2010 $128,700 $1,100
2009 $144,500 $1,146
2006 $140,000 $1,152
2005 $129,000 $914

Property facts

Year built
1941
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,362 sqft
Lot size
8,886 sqft
ZIP code
55021
City
Faribault
Street
7th Ave
Coordinates
44.29739, -93.28012

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
$2,043
Gross rental yield
13.32%
Implied cap rate
8.66%
Trend-extrapolated value

Frequently asked questions

When did 614 7th Ave last sell?
614 7th Ave most recently sold on May 6, 2022 for $184,000.
What is the current tax assessment for 614 7th Ave?
The most recent total assessment for 614 7th Ave (year 2020) is $113,200 with $1,532 in property tax.
How does 614 7th Ave's assessment compare to its last sale price?
The current assessment is 38.5% below the last sale price of $184,000.
When was 614 7th Ave built?
614 7th Ave was built in 1941.
How does 614 7th Ave compare to others on 7th Ave?
We track 8 other properties on 7th Ave. Browse the list under "Other properties on 7th Ave" to compare beds, baths, and sale history.
What are the property facts for 614 7th Ave?
614 7th Ave is a 3 bed, 2 bath, 1,362 sqft, 8,886 sqft lot single_family.
Is 614 7th Ave a flip candidate?
No — 614 7th Ave does not appear in our flips dataset.
Is 614 7th Ave a tax-appeal candidate?
No — 614 7th Ave 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
+0.9%
Implied 1-yr
+3.6%
2026 Q3
$338.9K
2026 Q4
$341.8K
ZIP 55021 — Median Price History + Forecast

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