7247 218th Street Way
Forest Lake, MN 55025
2 bd 2 ba 1,365 sqft Built 1990 Lot 1,960 sqft townhomes
Most recent sale
$319,000
Oct 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 25, 2022 | Sold | $319,000 | MLS #6262437 |
| Oct 15, 2022 | Listed | $279,900 | MLS #6262437 |
| Jun 10, 2006 | Sold | $210,000 | MLS #3199465 |
| May 11, 2006 | Listed | $210,000 | MLS #3199465 |
| May 10, 2006 | Sold | $175,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $182,700 | $60,400 | $243,100 | $2,694 |
| 2024 | $185,100 | $47,300 | $232,400 | $2,414 |
| 2023 | $176,200 | $63,700 | $239,900 | $2,474 |
| 2022 | $138,300 | $49,500 | $187,800 | $2,250 |
| 2021 | $132,000 | $56,100 | $188,100 | $2,284 |
| 2020 | $132,000 | $56,100 | $188,100 | $2,304 |
| 2019 | $133,700 | $52,700 | $186,400 | $2,456 |
| 2018 | $128,400 | $65,900 | $194,300 | $1,910 |
| 2017 | $114,000 | $43,200 | $157,200 | $1,996 |
| 2016 | $110,800 | $43,000 | $153,800 | $1,876 |
| 2015 | $107,300 | $43,700 | $151,000 | $1,850 |
| 2014 | $123,800 | $35,000 | $158,800 | $1,598 |
| 2013 | $96,900 | $30,200 | $127,100 | $1,550 |
| 2012 | $96,100 | $25,600 | $121,700 | $1,636 |
| 2011 | $113,800 | $33,000 | $146,800 | $1,580 |
| 2010 | $111,000 | $43,400 | $154,400 | $1,654 |
Property facts
Year built
1990
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
1,365 sqft
Lot size
1,960 sqft
ZIP code
55025
City
Forest Lake
Street
218th Street Way
Coordinates
45.26394, -92.95927
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,048
Gross rental yield
7.70%
Implied cap rate
5.01%
Trend-extrapolated value
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Frequently asked questions
When did 7247 218th Street Way last sell?
7247 218th Street Way most recently sold on Oct 25, 2022 for $319,000.
What is the current tax assessment for 7247 218th Street Way?
The most recent total assessment for 7247 218th Street Way (year 2025) is $243,100 with $2,694 in property tax.
How does 7247 218th Street Way's assessment compare to its last sale price?
The current assessment is 23.8% below the last sale price of $319,000.
When was 7247 218th Street Way built?
7247 218th Street Way was built in 1990.
How does 7247 218th Street Way compare to others on 218th Street Way?
We track 4 other properties on 218th Street Way. Browse the list under "Other properties on 218th Street Way" to compare beds, baths, and sale history.
What are the property facts for 7247 218th Street Way?
7247 218th Street Way is a 2 bed, 2 bath, 1,365 sqft, 1,960 sqft lot townhomes.
Is 7247 218th Street Way a flip candidate?
No — 7247 218th Street Way does not appear in our flips dataset.
Is 7247 218th Street Way a tax-appeal candidate?
No — 7247 218th Street Way 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 Street Way