7124 218th St
Forest Lake, MN 55025
2 bd 2 ba 1,296 sqft Built 1988 Lot 1,307 sqft townhomes
Most recent sale
$229,000
Feb 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 11, 2022 | Sold | $229,000 | MLS #6110572 |
| Oct 11, 2021 | Listed | $234,900 | MLS #6110572 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $170,500 | $59,800 | $230,300 | $2,556 |
| 2024 | $165,500 | $46,700 | $212,200 | $2,208 |
| 2023 | $161,400 | $58,800 | $220,200 | $2,274 |
| 2022 | $126,300 | $45,500 | $171,800 | $2,062 |
| 2021 | $118,300 | $51,900 | $170,200 | $2,072 |
| 2020 | $120,900 | $58,000 | $178,900 | $2,180 |
| 2019 | $104,300 | $72,000 | $176,300 | $130 |
| 2018 | $106,200 | $49,000 | $155,200 | $1,860 |
| 2017 | $104,800 | $49,000 | $153,800 | $1,968 |
| 2016 | $105,400 | $50,000 | $155,400 | $1,898 |
| 2015 | $106,300 | $35,000 | $141,300 | $1,646 |
| 2014 | $73,600 | $30,200 | $103,800 | $2,006 |
| 2013 | $68,700 | $25,600 | $94,300 | $1,940 |
| 2012 | $68,700 | $25,600 | $94,300 | $2,052 |
| 2011 | $81,200 | $33,000 | $114,200 | $2,066 |
| 2010 | $78,400 | $43,400 | $121,800 | $2,196 |
| 2009 | — | — | $165,600 | $2,380 |
| 2007 | — | — | $161,200 | $2,382 |
| 2006 | — | — | $140,600 | $2,268 |
Property facts
Year built
1988
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,296 sqft
Lot size
1,307 sqft
ZIP code
55025
City
Forest Lake
Street
218th St
Coordinates
45.26508, -92.96113
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,944
Gross rental yield
10.19%
Implied cap rate
6.62%
Trend-extrapolated value
—
Frequently asked questions
When did 7124 218th St last sell?
7124 218th St most recently sold on Feb 11, 2022 for $229,000.
What is the current tax assessment for 7124 218th St?
The most recent total assessment for 7124 218th St (year 2025) is $230,300 with $2,556 in property tax.
How does 7124 218th St's assessment compare to its last sale price?
The current assessment is 0.6% above the last sale price of $229,000.
When was 7124 218th St built?
7124 218th St was built in 1988.
How does 7124 218th St compare to others on 218th St?
We track 8 other properties on 218th St. Browse the list under "Other properties on 218th St" to compare beds, baths, and sale history.
What are the property facts for 7124 218th St?
7124 218th St is a 2 bed, 2 bath, 1,296 sqft, 1,307 sqft lot townhomes.
Is 7124 218th St a flip candidate?
No — 7124 218th St does not appear in our flips dataset.
Is 7124 218th St a tax-appeal candidate?
No — 7124 218th 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
-2.2%
Implied 1-yr
-8.6%
2026 Q3
$405K
2026 Q4
$394.9K
ZIP 55025 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 218th St