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407 7th St

Red Wing, MN 55066

3 bd 3 ba 1,950 sqft Built 1890 Lot 17,860 sqft single_family
Most recent sale
$299,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2022 Sold $299,000 MLS #6190973
May 5, 2022 Listed $299,000 MLS #6190973

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $186,377 $38,923 $225,300 $3,082
2022 $148,924 $37,876 $186,800 $2,830
2021 $135,793 $37,407 $173,200 $2,600
2020 $135,793 $37,407 $173,200 $2,536
2019 $120,079 $36,721 $156,800 $2,464
2018 $120,349 $33,851 $154,200 $1,962
2017 $97,864 $32,736 $130,600 $1,908
2016 $95,763 $32,637 $128,400 $1,722
2015 $121,200 $1,650
2014 $114,900 $1,702
2013 $83,076 $31,824 $114,900 $1,806
2012 $91,423 $32,377 $123,800 $1,926
2011 $92,555 $32,445 $125,000 $1,798
2010 $100,800 $45,800 $146,600 $2,042
2009 $160,200 $2,030

Property facts

Year built
1890
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,950 sqft
Lot size
17,860 sqft
ZIP code
55066
City
Red Wing
Street
7th St
Coordinates
44.56477, -92.52192

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
$2,925
Gross rental yield
11.74%
Implied cap rate
7.63%
Trend-extrapolated value

Frequently asked questions

When did 407 7th St last sell?
407 7th St most recently sold on Jun 30, 2022 for $299,000.
What is the current tax assessment for 407 7th St?
The most recent total assessment for 407 7th St (year 2023) is $225,300 with $3,082 in property tax.
How does 407 7th St's assessment compare to its last sale price?
The current assessment is 24.6% below the last sale price of $299,000.
When was 407 7th St built?
407 7th St was built in 1890.
How does 407 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 407 7th St?
407 7th St is a 3 bed, 3 bath, 1,950 sqft, 17,860 sqft lot single_family.
Is 407 7th St a flip candidate?
No — 407 7th St does not appear in our flips dataset.
Is 407 7th St a tax-appeal candidate?
No — 407 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
+1.2%
Implied 1-yr
+5.0%
2026 Q3
$291.2K
2026 Q4
$294.5K
ZIP 55066 — Median Price History + Forecast

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