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16721 7th St

Lakeland, MN 55043

3 bd 3 ba 2,823 sqft Built 1956 Lot 20,604 sqft single_family
Most recent sale
$435,000
Apr 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 14, 2022 Sold $435,000 MLS #6152645
Feb 25, 2022 Listed $400,000 MLS #6152645
Nov 2, 2015 Listing removed $269,900 NorthstarMLS
Sep 17, 2015 Price changed $269,900 MLS #4632973
Aug 10, 2015 Listed $274,900 MLS #4632973
Jun 29, 2001 Sold $211,000 Public Record
Dec 30, 1996 Sold $127,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $257,300 $96,300 $353,600 $3,442
2024 $263,600 $121,400 $385,000 $3,502
2023 $225,300 $120,300 $345,600 $2,930
2022 $188,200 $100,400 $288,600 $2,840
2021 $180,600 $95,100 $275,700 $2,712
2020 $170,900 $78,700 $249,600 $2,544
2019 $171,300 $78,700 $250,000 $2,586
2018 $152,100 $60,300 $212,400 $2,332
2017 $138,900 $61,500 $200,400 $2,402
2016 $133,900 $72,700 $206,600 $2,458
2015 $128,000 $54,800 $182,800 $2,200
2014 $122,300 $54,500 $176,800 $2,334
2013 $121,600 $49,200 $170,800 $2,160
2012 $121,600 $49,200 $170,800 $2,312
2011 $136,600 $72,300 $208,900 $2,296
2010 $145,200 $80,200 $225,400 $2,156
2009 $239,400 $2,100
2007 $227,600 $1,948
2006 $209,200 $1,838

Property facts

Year built
1956
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,823 sqft
Lot size
20,604 sqft
ZIP code
55043
City
Lakeland
Street
7th St
Coordinates
44.95944, -92.76688

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,235
Gross rental yield
11.68%
Implied cap rate
7.59%
Trend-extrapolated value

Frequently asked questions

When did 16721 7th St last sell?
16721 7th St most recently sold on Apr 14, 2022 for $435,000.
What is the current tax assessment for 16721 7th St?
The most recent total assessment for 16721 7th St (year 2025) is $353,600 with $3,442 in property tax.
How does 16721 7th St's assessment compare to its last sale price?
The current assessment is 18.7% below the last sale price of $435,000.
When was 16721 7th St built?
16721 7th St was built in 1956.
How does 16721 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 16721 7th St?
16721 7th St is a 3 bed, 3 bath, 2,823 sqft, 20,604 sqft lot single_family.
Is 16721 7th St a flip candidate?
No — 16721 7th St does not appear in our flips dataset.
Is 16721 7th St a tax-appeal candidate?
No — 16721 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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