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7242 Fall Dr

Lino Lakes, MN 55038

3 bd 3 ba 1,800 sqft Built 2022 Lot 2,526 sqft townhomes
Most recent sale
$342,990
Sep 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 28, 2022 Sold $342,990 MLS #6206592
Aug 26, 2022 Price changed $342,990 MLS #20744543370
Aug 25, 2022 Price changed $342,990 MLS #6206592
Aug 6, 2022 Price changed $344,990 MLS #20744543370
Aug 5, 2022 Price changed $344,990 MLS #6206592
Jul 22, 2022 Price changed $349,990 MLS #6206592
Jul 21, 2022 Price changed $349,990 MLS #20744543370
Jul 16, 2022 Price changed $354,990 MLS #20744543370
Jul 15, 2022 Price changed $354,990 MLS #6206592
Jul 9, 2022 Price changed $359,990 MLS #20744543370
Jul 8, 2022 Price changed $359,990 MLS #6206592
Jun 3, 2022 Price changed $364,990 MLS #20744543370
Jun 2, 2022 Listed $364,990 MLS #6206592
Apr 30, 2022 Price changed $369,590 MLS #20744543370
Apr 29, 2022 Listed $366,590 MLS #20744543370

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $83,400 $55,000 $138,400 $1,362
2021 $13,300 $13,300 $226

Property facts

Year built
2022
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,800 sqft
Lot size
2,526 sqft
ZIP code
55038
City
Lino Lakes
Street
Fall Dr
Coordinates
45.16901, -93.03252

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
$2,700
Gross rental yield
9.45%
Implied cap rate
6.14%
Trend-extrapolated value

Frequently asked questions

When did 7242 Fall Dr last sell?
7242 Fall Dr most recently sold on Sep 28, 2022 for $342,990.
What is the current tax assessment for 7242 Fall Dr?
The most recent total assessment for 7242 Fall Dr (year 2023) is $138,400 with $1,362 in property tax.
How does 7242 Fall Dr's assessment compare to its last sale price?
The current assessment is 59.6% below the last sale price of $342,990.
When was 7242 Fall Dr built?
7242 Fall Dr was built in 2022.
How does 7242 Fall Dr compare to others on Fall Dr?
We track 3 other properties on Fall Dr. Browse the list under "Other properties on Fall Dr" to compare beds, baths, and sale history.
What are the property facts for 7242 Fall Dr?
7242 Fall Dr is a 3 bed, 3 bath, 1,800 sqft, 2,526 sqft lot townhomes.
Is 7242 Fall Dr a flip candidate?
No — 7242 Fall Dr does not appear in our flips dataset.
Is 7242 Fall Dr a tax-appeal candidate?
No — 7242 Fall Dr 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
-1.6%
Implied 1-yr
-6.2%
2026 Q3
$542.8K
2026 Q4
$533.4K
ZIP 55038 — Median Price History + Forecast

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