706 Cherrywood Ln
Isanti, MN 55040
2 bd 2 ba 1,220 sqft Built 2025 Lot 4,814 sqft single_family
Most recent sale
$400,000
May 25, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 8, 2025 | Sold | $319,900 | NorthstarMLS |
| Mar 16, 2025 | Listed | $319,900 | NorthstarMLS |
| Feb 10, 2024 | Listed | $319,900 | NorthstarMLS |
| May 25, 2023 | Sold | $400,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | — | $20,000 | $20,000 | $408 |
| 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
4,814 sqft
ZIP code
55040
City
Isanti
Street
Cherrywood Ln
Coordinates
45.49194, -93.22938
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
$1,830
Gross rental yield
5.49%
Implied cap rate
3.57%
Trend-extrapolated value
—
Frequently asked questions
When did 706 Cherrywood Ln last sell?
706 Cherrywood Ln most recently sold on May 25, 2023 for $400,000.
What is the current tax assessment for 706 Cherrywood Ln?
The most recent total assessment for 706 Cherrywood Ln (year 2023) is $20,000 with $408 in property tax.
How does 706 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 706 Cherrywood Ln built?
706 Cherrywood Ln was built in 2025.
How does 706 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 706 Cherrywood Ln?
706 Cherrywood Ln is a 2 bed, 2 bath, 1,220 sqft, 4,814 sqft lot single_family.
Is 706 Cherrywood Ln a flip candidate?
No — 706 Cherrywood Ln does not appear in our flips dataset.
Is 706 Cherrywood Ln a tax-appeal candidate?
No — 706 Cherrywood Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.7%
Implied 1-yr
-2.7%
2026 Q3
$327.2K
2026 Q4
$324.9K
ZIP 55040 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cherrywood Ln