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1012 7th Ave

Rice, MN 56367

3 bd 2 ba 1,344 sqft Built 2022 Lot 14,070 sqft single_family
Most recent sale
$315,000
May 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 21, 2025 Sold $311,000 NorthstarMLS
Apr 1, 2025 Price changed $315,000 NorthstarMLS
Mar 13, 2025 Listed $320,000 NorthstarMLS
Aug 21, 2023 Sold $300,000 NorthstarMLS
May 26, 2022 Sold $315,000 MLS #6172294
Apr 19, 2022 Price changed $317,900 MLS #6172294
Apr 1, 2022 Listed $324,900 MLS #6172294
May 28, 2021 Listed $324,900 MLS #5765114
Apr 14, 2021 Sold $32,000 MLS #5705923
Jan 28, 2021 Listed $35,000 MLS #5705923
Sep 21, 2017 Sold $21,468 MLS #4088248
Jan 1, 2017 Sold $21,468 Public Record
Jun 30, 2016 Price changed $24,000 MLS #4088248
Oct 9, 2013 Listing removed $19,900 Arrowhead
May 21, 2013 Price changed $19,900 MLS #4088248
Sep 20, 2011 Listed $19,900 MLS #867975
Jun 17, 2011 Listing removed $159,900 NorthstarMLS
Apr 4, 2009 Listing removed $159,900 stcloud
Aug 20, 2008 Listed $159,900 MLS #3587888
Nov 15, 2006 Listed $156,900 MLS #3294644
Oct 20, 2006 Sold $532,600 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $280,000 $3,266
2023 $20,900 $280
2022 $20,000 $20,000 $268
2021 $18,000 $18,000 $248
2020 $18,000 $18,000 $256
2019 $18,000 $18,000 $260
2018 $18,000 $18,000 $268
2017 $18,000 $18,000 $330
2016 $18,000 $18,000 $332
2015 $18,000 $18,000 $352
2014 $18,000 $18,000 $364
2013 $18,000 $18,000 $364
2012 $20,000 $20,000 $372
2011 $19,200 $326
2010 $14,700 $246

Property facts

Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,344 sqft
Lot size
14,070 sqft
ZIP code
56367
City
Rice
Street
7th Ave
Coordinates
45.75770, -94.22820

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
$2,016
Gross rental yield
7.68%
Implied cap rate
4.99%
Trend-extrapolated value

Frequently asked questions

When did 1012 7th Ave last sell?
1012 7th Ave most recently sold on May 26, 2022 for $315,000.
What is the current tax assessment for 1012 7th Ave?
The most recent total assessment for 1012 7th Ave (year 2025) is $280,000 with $3,266 in property tax.
How does 1012 7th Ave's assessment compare to its last sale price?
The current assessment is 11.1% below the last sale price of $315,000.
When was 1012 7th Ave built?
1012 7th Ave was built in 2022.
How does 1012 7th Ave compare to others on 7th Ave?
We track 8 other properties on 7th Ave. Browse the list under "Other properties on 7th Ave" to compare beds, baths, and sale history.
What are the property facts for 1012 7th Ave?
1012 7th Ave is a 3 bed, 2 bath, 1,344 sqft, 14,070 sqft lot single_family.
Is 1012 7th Ave a flip candidate?
Yes — 1012 7th Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1012 7th Ave a tax-appeal candidate?
No — 1012 7th Ave 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
+12.1%
2026 Q3
$391.2K
2026 Q4
$401.1K
ZIP 56367 — Median Price History + Forecast

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