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7040 Cedar Rd

Virginia, MN 55792

5 bd 3 ba 3,520 sqft Built 1985 Lot 5,227,200 sqft single_family
Most recent sale
$470,000
Mar 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 16, 2022 Sold $470,000 MLS #141641
Mar 9, 2020 Sold $420,000 Public Record
Mar 4, 2020 Listed $420,000 MLS #138990
Nov 7, 2018 Listing removed $449,000 NorthstarMLS
Nov 6, 2018 Listing removed $449,000 GreaterLakes
Oct 22, 2018 Listing removed $599,999 NorthstarMLS
Oct 15, 2018 Listing removed $499,000 GreaterLakes
Oct 9, 2018 Listing removed $449,000 RangeMLS
Aug 8, 2018 Listing removed $499,000 LakeSuperiorAreaRealtors
Jul 31, 2018 Listing removed $499,000 NorthstarMLS
Jul 30, 2018 Listing removed $499,000 GreaterLakes
Jul 28, 2018 Listed $449,000 MLS #135315
Jul 26, 2018 Listing removed $499,000 RangeMLS
Jul 20, 2018 Price changed $499,000 MLS #6076776
Jul 12, 2018 Price changed $499,000 MLS #4974722
Jul 11, 2018 Price changed $499,000 MLS #135066
Jul 10, 2018 Price changed $549,000 MLS #6076776
Jul 9, 2018 Price changed $549,000 MLS #135066
Jul 6, 2018 Listed $599,999 MLS #6076776
Jul 1, 2018 Listed $599,999 MLS #135066
Jul 1, 2018 Listing removed $599,999 RangeMLS
Jun 30, 2018 Listing removed $599,999 NorthstarMLS
Jun 29, 2018 Listed $499,000 MLS #4974722
Jun 29, 2018 Listing removed $599,999 GreaterLakes
Jun 13, 2018 Listed $599,999 MLS #4967050
May 29, 2018 Listed $599,999 MLS #134689
Dec 10, 2014 Sold $350,000 Public Record
Nov 4, 2014 Listing removed $328,000 RangeMLS
Aug 26, 2014 Price changed $328,000 MLS #124530
Jul 10, 2014 Listed $349,000 MLS #124530

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $350,483 $58,711 $409,194 $3,680
2023 $340,207 $51,359 $391,566 $3,868
2022 $319,313 $57,300 $376,613 $2,042
2021 $271,690 $51,276 $322,966 $3,412
2020 $271,690 $51,276 $322,966 $3,762
2019 $249,700 $52,400 $302,100 $3,328
2018 $249,700 $52,400 $302,100 $3,408
2017 $249,700 $52,300 $302,000 $3,402
2016 $249,700 $52,300 $302,000 $3,008
2015 $222,900 $52,300 $275,200 $1,756
2014 $128,800 $49,300 $178,100 $1,716
2013 $128,800 $49,700 $178,500 $2,296
2012 $154,100 $52,200 $206,300 $2,185
2011 $154,100 $52,200 $206,300 $1,809
2010 $164,200 $46,000 $210,200 $1,753
2009 $138,400 $74,500 $212,900 $1,788
2008 $138,400 $74,500 $212,900 $1,440
2007 $108,500 $58,300 $166,800 $1,386

Property facts

Year built
1985
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
3,520 sqft
Lot size
5,227,200 sqft
ZIP code
55792
City
Virginia
Street
Cedar Rd
Coordinates
47.62700, -92.47038

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,280
Gross rental yield
13.48%
Implied cap rate
8.76%
Trend-extrapolated value

Frequently asked questions

When did 7040 Cedar Rd last sell?
7040 Cedar Rd most recently sold on Mar 16, 2022 for $470,000.
What is the current tax assessment for 7040 Cedar Rd?
The most recent total assessment for 7040 Cedar Rd (year 2025) is $409,194 with $3,680 in property tax.
How does 7040 Cedar Rd's assessment compare to its last sale price?
The current assessment is 12.9% below the last sale price of $470,000.
When was 7040 Cedar Rd built?
7040 Cedar Rd was built in 1985.
How does 7040 Cedar Rd compare to others on Cedar Rd?
We do not currently track other properties on Cedar Rd.
What are the property facts for 7040 Cedar Rd?
7040 Cedar Rd is a 5 bed, 3 bath, 3,520 sqft, 5,227,200 sqft lot single_family.
Is 7040 Cedar Rd a flip candidate?
No — 7040 Cedar Rd does not appear in our flips dataset.
Is 7040 Cedar Rd a tax-appeal candidate?
No — 7040 Cedar Rd 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
+1.6%
Implied 1-yr
+6.3%
2026 Q2
$152.5K
2026 Q3
$154.6K
ZIP 55792 — Median Price History + Forecast

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