1011 7th St
Farmington, MN 55024
3 bd 2 ba 2,084 sqft Built 1957 Lot 12,240 sqft single_family
Most recent sale
$305,900
Jan 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 30, 2025 | Sold | $319,900 | NorthstarMLS |
| Dec 3, 2025 | Listed | $319,999 | NorthstarMLS |
| Jan 18, 2022 | Sold | $305,900 | MLS #6107756 |
| Dec 10, 2021 | Price changed | $309,900 | MLS #6107756 |
| Oct 21, 2021 | Price changed | $319,900 | MLS #6107756 |
| Sep 30, 2021 | Listed | $325,000 | MLS #6107756 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $228,048 | $56,871 | $284,919 | $3,562 |
| 2023 | $230,493 | $58,613 | $289,106 | $3,660 |
| 2022 | $200,511 | $50,009 | $250,520 | $3,600 |
| 2021 | $195,093 | $47,143 | $242,236 | $3,512 |
| 2020 | $195,093 | $47,143 | $242,236 | $3,308 |
| 2019 | $174,239 | $44,235 | $218,474 | $3,070 |
| 2018 | $156,830 | $41,479 | $198,309 | $2,994 |
| 2017 | $147,797 | $39,176 | $186,973 | $2,913 |
| 2016 | $139,395 | $36,896 | $176,291 | $2,464 |
| 2015 | $109,627 | $34,291 | $143,918 | $2,064 |
| 2014 | $96,229 | $31,121 | $127,350 | $1,893 |
| 2013 | $83,187 | $27,050 | $110,237 | $2,248 |
| 2012 | $97,913 | $27,039 | $124,952 | $2,309 |
| 2011 | $106,019 | $28,961 | $134,980 | $2,343 |
| 2009 | $155,400 | $46,600 | $202,000 | $2,577 |
| 2008 | $155,400 | $46,600 | $202,000 | $2,589 |
| 2007 | $160,800 | $46,600 | $207,400 | $2,326 |
Property facts
Year built
1957
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,084 sqft
Lot size
12,240 sqft
ZIP code
55024
City
Farmington
Street
7th St
Coordinates
44.63131, -93.13812
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,126
Gross rental yield
12.26%
Implied cap rate
7.97%
Trend-extrapolated value
—
Frequently asked questions
When did 1011 7th St last sell?
1011 7th St most recently sold on Jan 18, 2022 for $305,900.
What is the current tax assessment for 1011 7th St?
The most recent total assessment for 1011 7th St (year 2025) is $284,919 with $3,562 in property tax.
How does 1011 7th St's assessment compare to its last sale price?
The current assessment is 6.9% below the last sale price of $305,900.
When was 1011 7th St built?
1011 7th St was built in 1957.
How does 1011 7th St compare to others on 7th St?
We track 8 other properties on 7th St. Browse the list under "Other properties on 7th St" to compare beds, baths, and sale history.
What are the property facts for 1011 7th St?
1011 7th St is a 3 bed, 2 bath, 2,084 sqft, 12,240 sqft lot single_family.
Is 1011 7th St a flip candidate?
No — 1011 7th St does not appear in our flips dataset.
Is 1011 7th St a tax-appeal candidate?
No — 1011 7th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.2%
Implied 1-yr
+4.7%
2026 Q3
$446.6K
2026 Q4
$451.5K
ZIP 55024 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 7th St