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705 Carter Dr

Northfield, MN 55057

5 bd 3 ba 3,292 sqft Built 2005 Lot 10,803 sqft single_family
Most recent sale
$485,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $485,000 MLS #6167975
Mar 26, 2022 Listed $474,900 MLS #6167975
Jun 19, 2018 Sold $300,000 MLS #2377558
Sep 10, 2013 Sold $330,000 MLS #4367094
May 15, 2013 Listed $330,000 MLS #4367094
Jul 26, 2012 Listing removed $379,900 Mankato
Mar 15, 2012 Relisted $399,900 MLS #2377558
Jul 7, 2009 Sold $300,000 Public Record
May 28, 2009 Listing removed $379,900 NorthstarMLS
Feb 22, 2005 Listed $379,900 MLS #4355291

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $445,900 $87,900 $533,800 $9,482
2023 $386,200 $81,600 $467,800 $7,554
2022 $343,500 $75,300 $418,800 $6,986
2021 $328,000 $75,300 $403,300 $6,832
2020 $317,900 $75,300 $393,200 $6,808
2019 $365,100 $6,428
2018 $360,400 $6,476
2017 $353,200 $5,854
2016 $324,100 $5,668
2015 $313,100 $5,448
2014 $269,000 $4,830
2013 $269,000 $4,926
2012 $291,400 $4,730
2011 $296,700 $4,134
2010 $296,700 $4,346
2009 $370,400 $4,636
2006 $338,100 $4,230
2005 $40,000 $476

Property facts

Year built
2005
Property type
single_family
Stories
1
Beds
5
Baths
3
Living area
3,292 sqft
Lot size
10,803 sqft
ZIP code
55057
City
Northfield
Street
Carter Dr
Coordinates
44.43596, -93.17047

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
$4,938
Gross rental yield
12.22%
Implied cap rate
7.94%
Trend-extrapolated value

Frequently asked questions

When did 705 Carter Dr last sell?
705 Carter Dr most recently sold on Apr 29, 2022 for $485,000.
What is the current tax assessment for 705 Carter Dr?
The most recent total assessment for 705 Carter Dr (year 2025) is $533,800 with $9,482 in property tax.
How does 705 Carter Dr's assessment compare to its last sale price?
The current assessment is 10.1% above the last sale price of $485,000.
When was 705 Carter Dr built?
705 Carter Dr was built in 2005.
How does 705 Carter Dr compare to others on Carter Dr?
We track 8 other properties on Carter Dr. Browse the list under "Other properties on Carter Dr" to compare beds, baths, and sale history.
What are the property facts for 705 Carter Dr?
705 Carter Dr is a 5 bed, 3 bath, 3,292 sqft, 10,803 sqft lot single_family.
Is 705 Carter Dr a flip candidate?
No — 705 Carter Dr does not appear in our flips dataset.
Is 705 Carter Dr a tax-appeal candidate?
No — 705 Carter 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
+1.3%
Implied 1-yr
+5.2%
2026 Q3
$391.1K
2026 Q4
$395.8K
ZIP 55057 — Median Price History + Forecast

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