7124 Ballard Trl
Inver Grove Heights, MN 55077
2 bd 3 ba 2,588 sqft Built 2004 Lot 4,617 sqft townhomes
Most recent sale
$470,000
Aug 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 15, 2022 | Sold | $470,000 | MLS #6180542 |
| May 4, 2022 | Listed | $470,000 | MLS #6180542 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $347,203 | $69,715 | $416,918 | $4,740 |
| 2023 | $375,300 | $71,400 | $446,700 | $4,602 |
| 2022 | $344,491 | $62,008 | $406,499 | $4,632 |
| 2021 | $312,754 | $58,647 | $371,401 | $4,320 |
| 2020 | $312,754 | $58,647 | $371,401 | $4,330 |
| 2019 | $314,452 | $55,859 | $370,311 | $4,187 |
| 2018 | $280,999 | $51,162 | $332,161 | $3,823 |
| 2017 | $252,851 | $46,828 | $299,679 | $3,852 |
| 2016 | $258,083 | $44,648 | $302,731 | $3,868 |
| 2015 | $261,829 | $42,537 | $304,366 | $3,948 |
| 2014 | $244,827 | $38,829 | $283,656 | $3,464 |
| 2013 | $225,392 | $35,483 | $260,875 | $3,257 |
| 2012 | $211,475 | $35,230 | $246,705 | $3,230 |
| 2011 | $216,090 | $37,155 | $253,245 | $3,037 |
| 2009 | $284,400 | $50,800 | $335,200 | $3,321 |
| 2008 | $284,400 | $50,800 | $335,200 | $3,031 |
| 2007 | $247,600 | $50,800 | $298,400 | $2,786 |
Property facts
Year built
2004
Property type
townhomes
Stories
1
Beds
2
Baths
3
Living area
2,588 sqft
Lot size
4,617 sqft
ZIP code
55077
City
Inver Grove Heights
Street
Ballard Trl
Coordinates
44.84610, -93.06262
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
$3,882
Gross rental yield
9.91%
Implied cap rate
6.44%
Trend-extrapolated value
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Frequently asked questions
When did 7124 Ballard Trl last sell?
7124 Ballard Trl most recently sold on Aug 15, 2022 for $470,000.
What is the current tax assessment for 7124 Ballard Trl?
The most recent total assessment for 7124 Ballard Trl (year 2025) is $416,918 with $4,740 in property tax.
How does 7124 Ballard Trl's assessment compare to its last sale price?
The current assessment is 11.3% below the last sale price of $470,000.
When was 7124 Ballard Trl built?
7124 Ballard Trl was built in 2004.
How does 7124 Ballard Trl compare to others on Ballard Trl?
We track 8 other properties on Ballard Trl. Browse the list under "Other properties on Ballard Trl" to compare beds, baths, and sale history.
What are the property facts for 7124 Ballard Trl?
7124 Ballard Trl is a 2 bed, 3 bath, 2,588 sqft, 4,617 sqft lot townhomes.
Is 7124 Ballard Trl a flip candidate?
No — 7124 Ballard Trl does not appear in our flips dataset.
Is 7124 Ballard Trl a tax-appeal candidate?
No — 7124 Ballard Trl is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.5%
Implied 1-yr
+1.8%
2026 Q3
$559.9K
2026 Q4
$562.3K
ZIP 55077 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Ballard Trl