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7040 157th Ln

Ramsey, MN 55303

3 bd 1 ba 1,476 sqft Built 1966 Lot 102,366 sqft single_family
Most recent sale
$325,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2022 Sold $325,000 MLS #6173150
May 6, 2022 Listed $290,000 MLS #6173150

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $198,963 $2,164
2019 $104,089 $62,828 $166,917 $2,117
2018 $104,089 $62,828 $166,917 $2,053
2017 $94,482 $61,317 $155,799 $1,762
2016 $80,489 $54,600 $135,089 $1,759
2015 $76,304 $52,136 $128,440 $1,656
2014 $73,891 $48,009 $121,900 $1,602
2013 $63,593 $42,611 $106,204 $1,741
2012 $66,355 $45,190 $111,545 $1,738
2011 $70,318 $45,805 $116,123 $1,820
2010 $97,700 $51,300 $149,000 $1,912
2009 $105,200 $61,700 $166,900 $2,153
2008 $123,900 $79,700 $203,600 $2,249
2007 $130,600 $72,800 $203,400 $2,059

Property facts

Year built
1966
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,476 sqft
Lot size
102,366 sqft
ZIP code
55303
City
Ramsey
Street
157th Ln
Coordinates
45.25589, -93.44687

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,214
Gross rental yield
8.17%
Implied cap rate
5.31%
Trend-extrapolated value

Frequently asked questions

When did 7040 157th Ln last sell?
7040 157th Ln most recently sold on Jun 30, 2022 for $325,000.
What is the current tax assessment for 7040 157th Ln?
The most recent total assessment for 7040 157th Ln (year 2020) is $198,963 with $2,164 in property tax.
How does 7040 157th Ln's assessment compare to its last sale price?
The current assessment is 38.8% below the last sale price of $325,000.
When was 7040 157th Ln built?
7040 157th Ln was built in 1966.
How does 7040 157th Ln compare to others on 157th Ln?
We track 8 other properties on 157th Ln. Browse the list under "Other properties on 157th Ln" to compare beds, baths, and sale history.
What are the property facts for 7040 157th Ln?
7040 157th Ln is a 3 bed, 1 bath, 1,476 sqft, 102,366 sqft lot single_family.
Is 7040 157th Ln a flip candidate?
No — 7040 157th Ln does not appear in our flips dataset.
Is 7040 157th Ln a tax-appeal candidate?
No — 7040 157th Ln 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
+0.5%
Implied 1-yr
+1.9%
2026 Q3
$430.6K
2026 Q4
$432.6K
ZIP 55303 — Median Price History + Forecast

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