NOT LISTED FOR SALE

901 N 7th St Lake City, MN 55041

Estimated Value: $39,758

-- Bed
-- Bath
4,340 Sq Ft
$9/Sq Ft Est. Value

About This Home

This home is located at 901 N 7th St, Lake City, MN 55041 and is currently estimated at $39,758, approximately $9 per square foot. 901 N 7th St is a home located in Wabasha County with nearby schools including Bluff View Elementary School, Lincoln Secondary School, and St. John's Lutheran School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2025
Sold by
Redmond Properties Llc
Bought by
Hansen Homes Llc
Current Estimated Value
$39,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Outstanding Balance
$48,064
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
-$8,306

Purchase Details

Closed on
Jul 30, 2020
Sold by
Banks Rodney and Berktold Banks Heather
Bought by
Redmond John M

Purchase Details

Closed on
Feb 2, 2018
Sold by
Pinnacle Agriculture Distribution Inc
Bought by
Banks Rodney and Berktold Banks Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 18, 2014
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hansen Homes Llc $65,000 None Listed On Document
Redmond John M $30,000 Knight Barry Ttl United Llc
Banks Rodney $250,000 None Available
-- $165,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hansen Homes Llc $48,750
Previous Owner Banks Rodney $160,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $712 $37,800 $28,200 $9,600
2024 $712 $37,500 $28,200 $9,300
2023 $682 $35,200 $26,300 $8,900
2022 $748 $35,600 $26,300 $9,300
2021 $1,934 $34,000 $26,300 $7,700
2020 $1,930 $86,500 $74,600 $11,900
2019 $3,466 $85,800 $74,600 $11,200
2018 $3,446 $138,500 $74,600 $63,900
2017 $3,868 $136,000 $74,600 $61,400
2016 $3,556 $0 $0 $0
2015 $3,556 $0 $0 $0
2012 $3,158 $0 $0 $0
Source: Public Records

Map

Minnesota Wabasha County Lake City 55041

901 N 7th St, Lake City, MN

Not Listed for Sale

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