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240 7th St

Pine Island, MN 55963

4 bd 2 ba 2,219 sqft Built 2001 Lot 6,534 sqft townhomes
Most recent sale
$285,000
Jun 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 6, 2022 Sold $285,000 MLS #6168570
Mar 25, 2022 Listed $282,500 MLS #6168570
Mar 7, 2019 Listing removed $209,900 NorthstarMLS
Dec 10, 2018 Listing removed $209,900 GreaterLakes
Jun 1, 2010 Listing removed $209,900 Southeastminnesota
May 3, 2010 Price changed $209,900 MLS #4019025
Mar 12, 2010 Listed $219,900 MLS #4019025
Aug 24, 2000 Sold $167,457 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $269,986 $4,384
2024 $268,300 $4,344
2023 $215,169 $29,131 $244,300 $4,132
2022 $181,700 $30,800 $212,500 $3,990
2021 $178,400 $24,600 $203,000 $3,586
2020 $165,300 $24,600 $189,900 $3,386
2019 $165,500 $24,600 $190,100 $3,394
2018 $145,000 $24,600 $169,600 $3,072
2017 $130,000 $24,600 $154,600 $2,704
2016 $124,700 $24,600 $149,300 $2,664
2015 $113,800 $24,600 $138,400 $2,376
2014 $112,200 $27,700 $139,900 $2,070
2013 $108,700 $27,700 $136,400 $2,166
2012 $110,400 $30,800 $141,200 $2,406
2011 $126,200 $39,000 $165,200 $2,464
2010 $126,200 $39,000 $165,200 $2,604
2008 $180,200 $2,638
2006 $180,200 $2,141

Property facts

Year built
2001
Property type
townhomes
Stories
1
Beds
4
Baths
2
Living area
2,219 sqft
Lot size
6,534 sqft
ZIP code
55963
City
Pine Island
Street
7th St
Coordinates
44.19601, -92.65071

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
$3,329
Gross rental yield
14.02%
Implied cap rate
9.11%
Trend-extrapolated value

Frequently asked questions

When did 240 7th St last sell?
240 7th St most recently sold on Jun 6, 2022 for $285,000.
What is the current tax assessment for 240 7th St?
The most recent total assessment for 240 7th St (year 2025) is $269,986 with $4,384 in property tax.
How does 240 7th St's assessment compare to its last sale price?
The current assessment is 5.3% below the last sale price of $285,000.
When was 240 7th St built?
240 7th St was built in 2001.
How does 240 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 240 7th St?
240 7th St is a 4 bed, 2 bath, 2,219 sqft, 6,534 sqft lot townhomes.
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
-3.0%
Implied 1-yr
-12.0%
2026 Q3
$292.5K
2026 Q4
$281.6K
ZIP 55963 — Median Price History + Forecast

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