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240 7th St

Milaca, MN 56353

1 bd 1 ba 588 sqft Built 1935 Lot 10,062 sqft single_family
Most recent sale
$48,001
Sep 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 12, 2022 Sold $48,001 MLS #6240224
Aug 16, 2022 Price changed $49,900 MLS #6240224
Jul 27, 2022 Listed $79,900 MLS #6240224

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $32,500 $28,000 $60,500 $1,052
2021 $32,700 $14,500 $47,200 $852
2020 $32,700 $14,500 $47,200 $880
2019 $31,100 $14,500 $45,600 $796
2018 $27,300 $14,500 $41,800 $786
2017 $26,400 $14,000 $40,400 $800
2016 $25,600 $14,000 $39,600 $752
2015 $24,700 $12,500 $37,200 $740
2014 $23,300 $12,500 $35,800 $656
2013 $18,700 $12,500 $31,200 $662
2012 $19,000 $12,500 $31,500 $702
2011 $19,200 $17,500 $36,700 $838
2010 $23,400 $20,200 $43,600 $692

Property facts

Year built
1935
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
588 sqft
Lot size
10,062 sqft
ZIP code
56353
City
Milaca
Street
7th St
Coordinates
45.76201, -93.65562

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$288
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 240 7th St last sell?
240 7th St most recently sold on Sep 12, 2022 for $48,001.
What is the current tax assessment for 240 7th St?
The most recent total assessment for 240 7th St (year 2022) is $60,500 with $1,052 in property tax.
How does 240 7th St's assessment compare to its last sale price?
The current assessment is 26.0% above the last sale price of $48,001.
When was 240 7th St built?
240 7th St was built in 1935.
How does 240 7th St compare to others on 7th St?
We track 7 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 240 7th St?
240 7th St is a 1 bed, 1 bath, 588 sqft, 10,062 sqft lot single_family.
Is 240 7th St a flip candidate?
No — 240 7th St does not appear in our flips dataset.
Is 240 7th St a tax-appeal candidate?
No — 240 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
+0.2%
Implied 1-yr
+1.0%
2026 Q3
$292.8K
2026 Q4
$293.5K
ZIP 56353 — Median Price History + Forecast

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