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701 Cherrywood Ln

Isanti, MN 55040

2 bd 2 ba 1,220 sqft Built 2025 Lot 13,656 sqft single_family
Most recent sale
$400,000
May 25, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 13, 2025 Sold $312,450 NorthstarMLS
Aug 3, 2025 Price changed $312,450 NorthstarMLS
Jul 31, 2025 Sold $312,450 Public Record
Apr 30, 2025 Price changed $311,875 NorthstarMLS
Mar 28, 2025 Price changed $310,748 NorthstarMLS
Jan 7, 2025 Listed $299,900 NorthstarMLS
Feb 10, 2024 Listed $299,900 NorthstarMLS
May 25, 2023 Sold $400,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $20,000 $20,000 $354
2021 $12,200 $95
2020 $2,500 $2,500 $54

Property facts

Year built
2025
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,220 sqft
Lot size
13,656 sqft
ZIP code
55040
City
Isanti
Street
Cherrywood Ln
Coordinates
45.49246, -93.22985

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,830
Gross rental yield
5.49%
Implied cap rate
3.57%
Trend-extrapolated value

Frequently asked questions

When did 701 Cherrywood Ln last sell?
701 Cherrywood Ln most recently sold on May 25, 2023 for $400,000.
What is the current tax assessment for 701 Cherrywood Ln?
The most recent total assessment for 701 Cherrywood Ln (year 2023) is $20,000 with $354 in property tax.
How does 701 Cherrywood Ln's assessment compare to its last sale price?
The current assessment is 95.0% below the last sale price of $400,000.
When was 701 Cherrywood Ln built?
701 Cherrywood Ln was built in 2025.
How does 701 Cherrywood Ln compare to others on Cherrywood Ln?
We track 8 other properties on Cherrywood Ln. Browse the list under "Other properties on Cherrywood Ln" to compare beds, baths, and sale history.
What are the property facts for 701 Cherrywood Ln?
701 Cherrywood Ln is a 2 bed, 2 bath, 1,220 sqft, 13,656 sqft lot single_family.
Is 701 Cherrywood Ln a flip candidate?
No — 701 Cherrywood Ln does not appear in our flips dataset.
Is 701 Cherrywood Ln a tax-appeal candidate?
No — 701 Cherrywood Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.7%
Implied 1-yr
-2.7%
2026 Q3
$327.2K
2026 Q4
$324.9K
ZIP 55040 — Median Price History + Forecast

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