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722 Cherrywood Ln

Isanti, MN 55040

3 bd 2 ba 1,183 sqft Built 2002 townhomes
Most recent sale
$220,000
Dec 10, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 10, 2021 Sold $220,000 MLS #6099924
Oct 5, 2021 Price changed $225,000 MLS #6099924
Sep 28, 2021 Price changed $235,000 MLS #6099924
Sep 14, 2021 Listed $250,000 MLS #6099924
Apr 29, 2021 Sold $163,000 Public Record
Nov 21, 2003 Sold $154,400 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $155,900 $20,000 $175,900 $2,852
2019 $139,400 $2,248
2018 $130,400 $2,166
2017 $111,000 $1,772
2016 $84,200 $1,732
2015 $83,100 $1,674
2014 $80,000 $990
2013 $49,900 $1,018
2012 $59,800 $1,142
2011 $69,100 $1,348
2010 $84,900 $30,200 $115,100 $1,492
2009 $102,800 $30,200 $133,000 $1,706

Property facts

Year built
2002
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,183 sqft
Lot size
ZIP code
55040
City
Isanti
Street
Cherrywood Ln
Coordinates
45.49219, -93.25824

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
$1,775
Gross rental yield
9.68%
Implied cap rate
6.29%
Trend-extrapolated value

Frequently asked questions

When did 722 Cherrywood Ln last sell?
722 Cherrywood Ln most recently sold on Dec 10, 2021 for $220,000.
What is the current tax assessment for 722 Cherrywood Ln?
The most recent total assessment for 722 Cherrywood Ln (year 2021) is $175,900 with $2,852 in property tax.
How does 722 Cherrywood Ln's assessment compare to its last sale price?
The current assessment is 20.0% below the last sale price of $220,000.
When was 722 Cherrywood Ln built?
722 Cherrywood Ln was built in 2002.
How does 722 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 722 Cherrywood Ln?
722 Cherrywood Ln is a 3 bed, 2 bath, 1,183 sqft townhomes.
Is 722 Cherrywood Ln a flip candidate?
Yes — 722 Cherrywood Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 722 Cherrywood Ln a tax-appeal candidate?
No — 722 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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