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16688 7th St

Lakeland, MN 55043

5 bd 5 ba 8,177 sqft Built 2002 Lot 65,079 sqft single_family
Most recent sale
$3,020,000
Jun 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 15, 2022 Sold $3,020,000 MLS #6122678
Apr 21, 2022 Price changed $3,250,000 MLS #6122678
Apr 8, 2022 Relisted $3,400,000 MLS #6122678
Jan 8, 2022 Listed $3,400,000 MLS #6122678
Oct 21, 2017 Sold $2,295,000 MLS #4836001
Oct 9, 2017 Relisted $2,295,000 MLS #4836001
Aug 4, 2017 Listing removed $2,295,000 NorthstarMLS
Jul 11, 2017 Listing removed $2,295,000 NorthstarMLS
May 31, 2017 Listed $2,295,000 MLS #4836001
Dec 21, 2013 Listing removed $2,249,000 NorthstarMLS
Oct 9, 2013 Listing removed $2,249,000 Arrowhead
Jul 1, 2013 Relisted $2,249,000 MLS #4381522
Jun 29, 2013 Listing removed $2,249,000 NorthstarMLS
Jun 18, 2013 Listed $2,249,000 MLS #1143560
Nov 16, 2012 Listing removed $2,249,000 NorthstarMLS
May 3, 2012 Listing removed $3,395,000 NorthstarMLS
Apr 11, 2012 Listing removed $2,485,000 NorthstarMLS
Apr 11, 2012 Listed $2,249,000 MLS #4140308
Mar 22, 2012 Listing removed $2,485,000 LakeSuperiorAreaRealtors
Dec 15, 2011 Price changed $2,485,000 MLS #4033860
Apr 12, 2011 Listed $2,485,000 MLS #1592123
Feb 14, 2008 Listed $3,395,000 MLS #3498794
Sep 18, 2002 Sold $575,000 Public Record
May 31, 2002 Sold $500,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $2,151,600 $846,300 $2,997,900 $34,048
2024 $1,875,900 $869,100 $2,745,000 $29,208
2023 $1,670,700 $861,600 $2,532,300 $24,894
2022 $1,437,400 $733,300 $2,170,700 $24,500
2021 $1,437,400 $718,300 $2,155,700 $24,364
2020 $1,429,800 $709,300 $2,139,100 $24,972
2019 $1,467,000 $709,300 $2,176,300 $25,724
2018 $1,483,100 $679,300 $2,162,400 $27,072
2017 $1,392,400 $654,300 $2,046,700 $27,942
2016 $1,292,600 $654,300 $1,946,900 $26,270
2015 $1,292,600 $654,300 $1,946,900 $26,512
2014 $1,251,300 $654,300 $1,905,600 $28,362
2013 $1,251,300 $767,600 $2,018,900 $29,196
2012 $1,251,300 $767,600 $2,018,900 $29,270
2011 $1,277,000 $831,000 $2,108,000 $30,646
2010 $1,501,000 $899,200 $2,400,200 $29,822
2009 $2,619,100 $28,992
2007 $2,454,000 $26,760
2006 $2,245,700 $25,306

Property facts

Year built
2002
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
8,177 sqft
Lot size
65,079 sqft
ZIP code
55043
City
Lakeland
Street
7th St
Coordinates
44.93888, -92.76767

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$12,266
Gross rental yield
4.87%
Implied cap rate
3.17%
Trend-extrapolated value

Frequently asked questions

When did 16688 7th St last sell?
16688 7th St most recently sold on Jun 15, 2022 for $3,020,000.
What is the current tax assessment for 16688 7th St?
The most recent total assessment for 16688 7th St (year 2025) is $2,997,900 with $34,048 in property tax.
How does 16688 7th St's assessment compare to its last sale price?
The current assessment is 0.7% below the last sale price of $3,020,000.
When was 16688 7th St built?
16688 7th St was built in 2002.
How does 16688 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 16688 7th St?
16688 7th St is a 5 bed, 5 bath, 8,177 sqft, 65,079 sqft lot single_family.
Is 16688 7th St a flip candidate?
No — 16688 7th St does not appear in our flips dataset.
Is 16688 7th St a tax-appeal candidate?
No — 16688 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
+6.5%
Implied 1-yr
+25.9%
2026 Q1
$806.3K
2026 Q2
$806.3K
ZIP 55043 — Median Price History + Forecast

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