56 7th St
Forest Lake, MN 55025
2 bd 2 ba 1,638 sqft Built 1955 Lot 8,276 sqft single_family
Most recent sale
$248,000
Nov 19, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 19, 2021 | Sold | $248,000 | MLS #6112391 |
| Oct 11, 2021 | Listed | $259,900 | MLS #6112391 |
| Sep 16, 2016 | Sold | $170,000 | MLS #4732662 |
| Jul 8, 2016 | Price changed | $170,000 | MLS #4732662 |
| Jun 24, 2016 | Listed | $175,000 | MLS #4732662 |
| Oct 30, 1996 | Sold | $84,900 | Public Record |
| Jul 28, 1993 | Sold | $66,000 | Public Record |
| Apr 1, 1989 | Sold | $57,380 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $149,100 | $76,800 | $225,900 | $2,508 |
| 2024 | $157,900 | $79,100 | $237,000 | $2,460 |
| 2023 | $158,300 | $76,200 | $234,500 | $2,418 |
| 2022 | $111,400 | $56,200 | $167,600 | $2,014 |
| 2021 | $105,400 | $55,800 | $161,200 | $1,966 |
| 2020 | $105,400 | $55,800 | $161,200 | $1,964 |
| 2019 | $102,500 | $55,600 | $158,100 | $18 |
| 2018 | $88,900 | $49,800 | $138,700 | $1,566 |
| 2017 | $83,400 | $44,800 | $128,200 | $1,488 |
| 2016 | $79,200 | $34,500 | $113,700 | $1,376 |
| 2015 | $75,400 | $34,200 | $109,600 | $1,788 |
Property facts
Year built
1955
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,638 sqft
Lot size
8,276 sqft
ZIP code
55025
City
Forest Lake
Street
7th St
Coordinates
45.28005, -92.99321
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
$2,457
Gross rental yield
11.89%
Implied cap rate
7.73%
Trend-extrapolated value
—
Frequently asked questions
When did 56 7th St last sell?
56 7th St most recently sold on Nov 19, 2021 for $248,000.
What is the current tax assessment for 56 7th St?
The most recent total assessment for 56 7th St (year 2025) is $225,900 with $2,508 in property tax.
How does 56 7th St's assessment compare to its last sale price?
The current assessment is 8.9% below the last sale price of $248,000.
When was 56 7th St built?
56 7th St was built in 1955.
How does 56 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 56 7th St?
56 7th St is a 2 bed, 2 bath, 1,638 sqft, 8,276 sqft lot single_family.
Is 56 7th St a flip candidate?
No — 56 7th St does not appear in our flips dataset.
Is 56 7th St a tax-appeal candidate?
No — 56 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
-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 7th St