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206 7th St

Lake City, MN 55041

3 bd 2 ba 1,456 sqft Built 1915 Lot 9,017 sqft single_family
Most recent sale
$241,550
Jul 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 14, 2022 Sold $241,550 MLS #6202635
May 28, 2022 Listed $234,900 MLS #6202635
May 31, 2017 Sold $125,000 Public Record
Jan 1, 2017 Sold $125,000 Public Record
Jun 20, 2011 Listing removed $139,900 NorthstarMLS
Jun 13, 2011 Listing removed $149,900 NorthstarMLS
Apr 29, 2011 Price changed $139,900 MLS #4018534
Apr 28, 2011 Price changed $139,900 MLS #4026960
Mar 1, 2011 Listed $149,900 MLS #4026960
Jul 9, 2010 Listing removed $149,900 Southeastminnesota
Jun 4, 2010 Price changed $149,900 MLS #3899244
Jun 3, 2010 Price changed $149,900 MLS #4019304
May 6, 2010 Price changed $159,900 MLS #3899244
May 5, 2010 Price changed $159,900 MLS #4019304
Mar 21, 2010 Listed $164,900 MLS #4019304
Mar 19, 2010 Listed $164,900 MLS #3899244
Dec 1, 1995 Sold $67,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $115,500 $1,676
2019 $103,900 $1,702
2018 $102,700 $1,558
2017 $74,915 $17,485 $92,400 $1,904
2016 $97,000 $22,500 $119,500 $1,930
2015 $95,000 $22,500 $117,500 $1,898
2014 $95,600 $22,500 $118,100 $1,832
2013 $96,800 $22,500 $119,300 $1,812
2012 $97,300 $22,500 $119,800 $1,878
2011 $102,200 $22,500 $124,700 $754
2010 $101,000 $22,500 $123,500 $1,430

Property facts

Year built
1915
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,456 sqft
Lot size
9,017 sqft
ZIP code
55041
City
Lake City
Street
7th St
Coordinates
44.44362, -92.27110

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
$2,184
Gross rental yield
10.85%
Implied cap rate
7.05%
Trend-extrapolated value

Frequently asked questions

When did 206 7th St last sell?
206 7th St most recently sold on Jul 14, 2022 for $241,550.
What is the current tax assessment for 206 7th St?
The most recent total assessment for 206 7th St (year 2020) is $115,500 with $1,676 in property tax.
How does 206 7th St's assessment compare to its last sale price?
The current assessment is 52.2% below the last sale price of $241,550.
When was 206 7th St built?
206 7th St was built in 1915.
How does 206 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 206 7th St?
206 7th St is a 3 bed, 2 bath, 1,456 sqft, 9,017 sqft lot single_family.
Is 206 7th St a flip candidate?
No — 206 7th St does not appear in our flips dataset.
Is 206 7th St a tax-appeal candidate?
No — 206 7th St 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
+8.5%
Implied 1-yr
+34.1%
2026 Q3
$595.5K
2026 Q4
$628.1K
ZIP 55041 — Median Price History + Forecast

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