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7950 242nd Ln

Stacy, MN 55079

3 bd 2 ba 1,478 sqft Built 1989 Lot 19,602 sqft single_family
Most recent sale
$255,000
Mar 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 3, 2026 Sold $349,900 NorthstarMLS
Feb 9, 2026 Listed $349,900 NorthstarMLS
Mar 25, 2022 Sold $255,000 MLS #6168707
Mar 24, 2022 Listed $255,000 MLS #6168707
May 4, 2007 Sold $203,500 Public Record
Jan 20, 2006 Sold $125,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $169,533 $1,629
2019 $113,548 $28,408 $141,956 $1,621
2018 $113,548 $28,408 $141,956 $1,372
2017 $101,466 $22,287 $123,753 $1,405
2016 $89,940 $25,638 $115,578 $1,263
2015 $83,579 $23,279 $106,858 $1,102
2014 $79,683 $15,185 $94,868 $1,039
2013 $65,132 $13,931 $79,063 $1,299
2012 $73,451 $24,905 $98,356 $1,250
2011 $78,667 $27,864 $106,531 $1,344
2010 $103,000 $43,000 $146,000 $1,351
2009 $110,700 $59,900 $170,600 $1,389
2008 $122,300 $64,100 $186,400 $1,488
2007 $118,600 $57,100 $175,700 $1,325

Property facts

Year built
1989
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,478 sqft
Lot size
19,602 sqft
ZIP code
55079
City
Stacy
Street
242nd Ln
Coordinates
45.40728, -93.06672

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,217
Gross rental yield
10.43%
Implied cap rate
6.78%
Trend-extrapolated value

Frequently asked questions

When did 7950 242nd Ln last sell?
7950 242nd Ln most recently sold on Mar 25, 2022 for $255,000.
What is the current tax assessment for 7950 242nd Ln?
The most recent total assessment for 7950 242nd Ln (year 2020) is $169,533 with $1,629 in property tax.
How does 7950 242nd Ln's assessment compare to its last sale price?
The current assessment is 33.5% below the last sale price of $255,000.
When was 7950 242nd Ln built?
7950 242nd Ln was built in 1989.
How does 7950 242nd Ln compare to others on 242nd Ln?
We track 8 other properties on 242nd Ln. Browse the list under "Other properties on 242nd Ln" to compare beds, baths, and sale history.
What are the property facts for 7950 242nd Ln?
7950 242nd Ln is a 3 bed, 2 bath, 1,478 sqft, 19,602 sqft lot single_family.
Is 7950 242nd Ln a flip candidate?
No — 7950 242nd Ln does not appear in our flips dataset.
Is 7950 242nd Ln a tax-appeal candidate?
No — 7950 242nd 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
+4.8%
Implied 1-yr
+19.3%
2026 Q3
$452.2K
2026 Q4
$468.8K
ZIP 55079 — Median Price History + Forecast

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