848 7th Ave
Faribault, MN 55021
2 bd 1 ba 1,651 sqft Built 1929 Lot 7,050 sqft single_family
Most recent sale
$223,500
Aug 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 16, 2022 | Sold | $223,500 | Public Record |
| Jul 8, 2022 | Listed | $223,500 | MLS #6232321 |
| May 27, 2020 | Sold | $185,000 | MLS #5497258 |
| Mar 6, 2020 | Listed | $174,900 | MLS #5497258 |
| Jan 28, 2005 | Sold | $152,150 | MLS #2901378 |
| Sep 16, 2004 | Listed | $147,600 | MLS #2901378 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $96,500 | $1,214 |
| 2019 | — | — | $87,900 | $1,018 |
| 2018 | — | — | $71,700 | $932 |
| 2017 | — | — | $63,400 | $930 |
| 2016 | — | — | $61,100 | $882 |
| 2015 | — | — | $55,700 | $842 |
| 2014 | — | — | $55,700 | $852 |
| 2013 | — | — | $51,800 | $828 |
| 2012 | — | — | $55,800 | $986 |
| 2011 | — | — | $76,600 | $880 |
| 2010 | — | — | $104,400 | $1,002 |
| 2009 | $87,500 | $34,300 | $121,800 | $890 |
| 2006 | — | — | $125,600 | $996 |
Property facts
Year built
1929
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,651 sqft
Lot size
7,050 sqft
ZIP code
55021
City
Faribault
Street
7th Ave
Coordinates
44.28176, -93.27909
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,477
Gross rental yield
13.30%
Implied cap rate
8.64%
Trend-extrapolated value
—
Frequently asked questions
When did 848 7th Ave last sell?
848 7th Ave most recently sold on Aug 16, 2022 for $223,500.
What is the current tax assessment for 848 7th Ave?
The most recent total assessment for 848 7th Ave (year 2020) is $96,500 with $1,214 in property tax.
How does 848 7th Ave's assessment compare to its last sale price?
The current assessment is 56.8% below the last sale price of $223,500.
When was 848 7th Ave built?
848 7th Ave was built in 1929.
How does 848 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 848 7th Ave?
848 7th Ave is a 2 bed, 1 bath, 1,651 sqft, 7,050 sqft lot single_family.
Is 848 7th Ave a flip candidate?
No — 848 7th Ave does not appear in our flips dataset.
Is 848 7th Ave a tax-appeal candidate?
No — 848 7th Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.9%
Implied 1-yr
+3.6%
2026 Q3
$338.9K
2026 Q4
$341.8K
ZIP 55021 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 7th Ave