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406 7th Ave

Saint James, MN 56081

3 bd 1 ba 2,305 sqft Built 1961 Lot 5,227 sqft single_family
Most recent sale
$109,000
Nov 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 10, 2022 Sold $109,000 Mankato
Sep 30, 2022 Listed $109,500 Mankato
Oct 5, 2000 Sold $49,000 Public Record
Nov 25, 1994 Sold $33,490 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $127,000 $8,800 $135,800 $1,810
2022 $36,200 $788
2021 $38,500 $814
2019 $35,400 $760
2018 $28,020 $4,380 $32,400 $694
2017 $25,526 $4,374 $29,900 $662
2016 $24,617 $4,383 $29,000 $600
2015 $31,722 $4,378 $36,100 $636
2014 $27,617 $4,383 $32,000 $600
2013 $33,515 $4,385 $37,900 $720
2011 $59,800 $7,300 $67,100 $770
2010 $59,800 $7,300 $67,100 $676
2009 $60,200 $73 $67,500 $726

Property facts

Year built
1961
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
2,305 sqft
Lot size
5,227 sqft
ZIP code
56081
City
Saint James
Street
7th Ave
Coordinates
43.98712, -94.63346

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
$654
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 406 7th Ave last sell?
406 7th Ave most recently sold on Nov 10, 2022 for $109,000.
What is the current tax assessment for 406 7th Ave?
The most recent total assessment for 406 7th Ave (year 2025) is $135,800 with $1,810 in property tax.
How does 406 7th Ave's assessment compare to its last sale price?
The current assessment is 24.6% above the last sale price of $109,000.
When was 406 7th Ave built?
406 7th Ave was built in 1961.
How does 406 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 406 7th Ave?
406 7th Ave is a 3 bed, 1 bath, 2,305 sqft, 5,227 sqft lot single_family.
Is 406 7th Ave a flip candidate?
No — 406 7th Ave does not appear in our flips dataset.
Is 406 7th Ave a tax-appeal candidate?
Yes — 406 7th Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+7.5%
Implied 1-yr
+30.1%
2026 Q1
$391.9K
2026 Q2
$391.9K
ZIP 56081 — Median Price History + Forecast

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