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124 7th Ave

Shakopee, MN 55379

3 bd 2 ba 2,175 sqft Built 1940 Lot 8,494 sqft single_family
Most recent sale
$315,000
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 3, 2022 Sold $315,000 MLS #6165363
Apr 28, 2022 Price changed $325,000 MLS #6165363
Apr 18, 2022 Listed $349,850 MLS #6165363

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $342,580 $3,638
2024 $336,630 $3,616
2023 $365,100 $3,978
2022 $251,610 $3,232
2021 $239,400 $2,802
2020 $237,767 $3,166
2019 $234,400 $3,290
2018 $188,900 $2,740
2017 $177,900 $2,526
2016 $167,700 $2,478
2015 $162,800 $2,080
2014 $130,500 $1,830
2013 $131,600 $1,928
2012 $158,000 $2,078
2011 $118,700 $65,000 $183,700 $2,014
2010 $118,700 $65,000 $183,700 $1,906

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,175 sqft
Lot size
8,494 sqft
ZIP code
55379
City
Shakopee
Street
7th Ave
Coordinates
44.79194, -93.52580

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,263
Gross rental yield
12.43%
Implied cap rate
8.08%
Trend-extrapolated value

Frequently asked questions

When did 124 7th Ave last sell?
124 7th Ave most recently sold on Jun 3, 2022 for $315,000.
What is the current tax assessment for 124 7th Ave?
The most recent total assessment for 124 7th Ave (year 2025) is $342,580 with $3,638 in property tax.
How does 124 7th Ave's assessment compare to its last sale price?
The current assessment is 8.8% above the last sale price of $315,000.
When was 124 7th Ave built?
124 7th Ave was built in 1940.
How does 124 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 124 7th Ave?
124 7th Ave is a 3 bed, 2 bath, 2,175 sqft, 8,494 sqft lot single_family.
Is 124 7th Ave a flip candidate?
No — 124 7th Ave does not appear in our flips dataset.
Is 124 7th Ave a tax-appeal candidate?
No — 124 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
-0.7%
Implied 1-yr
-2.7%
2026 Q3
$461.9K
2026 Q4
$458.6K
ZIP 55379 — Median Price History + Forecast

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