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702 7th St

Willmar, MN 56201

3 bd 2 ba 1,516 sqft Built 1910 Lot 15,594 sqft single_family
Most recent sale
$195,000
Dec 20, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 20, 2021 Sold $195,000 MLS #6123412
Nov 3, 2021 Listed $187,000 MLS #6123412

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $72,100 $15,800 $87,900 $902
2020 $48,652 $748
2019 $47,889 $726
2018 $46,145 $46,145 $710
2017 $45,709 $45,709 $662
2016 $41,400 $41,400 $630
2015 $41,400 $41,400 $568
2014 $41,400 $41,400 $566
2013 $39,600 $39,600 $682
2012 $43,500 $43,500 $738
2011 $46,500 $46,500 $706

Property facts

Year built
1910
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,516 sqft
Lot size
15,594 sqft
ZIP code
56201
City
Willmar
Street
7th St
Coordinates
45.12773, -95.05381

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,274
Gross rental yield
13.99%
Implied cap rate
9.10%
Trend-extrapolated value

Frequently asked questions

When did 702 7th St last sell?
702 7th St most recently sold on Dec 20, 2021 for $195,000.
What is the current tax assessment for 702 7th St?
The most recent total assessment for 702 7th St (year 2022) is $87,900 with $902 in property tax.
How does 702 7th St's assessment compare to its last sale price?
The current assessment is 54.9% below the last sale price of $195,000.
When was 702 7th St built?
702 7th St was built in 1910.
How does 702 7th St compare to others on 7th St?
We track 8 other properties on 7th St. Browse the list under "Other properties on 7th St" to compare beds, baths, and sale history.
What are the property facts for 702 7th St?
702 7th St is a 3 bed, 2 bath, 1,516 sqft, 15,594 sqft lot single_family.
Is 702 7th St a flip candidate?
No — 702 7th St does not appear in our flips dataset.
Is 702 7th St a tax-appeal candidate?
No — 702 7th St 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
-0.4%
Implied 1-yr
-1.7%
2026 Q3
$232.2K
2026 Q4
$231.2K
ZIP 56201 — Median Price History + Forecast

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