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$229,900 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 1,127 Sq. Ft.
  • 1 Car Garage
  • Updated 6 days ago
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Full of character and charm, this Lake City home blends classic details with thoughtful updates and a functional layout. Step inside to beautiful hardwood floors, rich natural woodwork, a stained-glass window and plenty of natural light throughout the main level. The updated kitchen features white cabinetry, stainless steel appliances, tile backsplash and ample workspace, while the adjacent dining area and additional main-level family room/den offer flexible space for everyday living. Upstairs you'll find two comfortable bedrooms, including a primary with two walk-in closets. Outside, enjoy the covered front porch, full privacy-fenced backyard and detached garage. A park sits just behind the property, and Lake Pepin, downtown amenities, dining and recreation are all nearby. With historic character, useful updates and a great in-town location, this home is ready for its next chapter.

Full Property Details for 506 N 7th St

General

  • Price: $229,900
  • Taxes: $1,950 (2026)
  • Status: Pending
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7148339
  • Updated: 10/5/2026
  • Added to Site: 24 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Detached Garage

Location

  • County: Wabasha
  • Township: Lake City
  • Subdivision: Lake City
  • Driving Directions: Hwy 61 to Monroe to North 7th street

School Information

  • School District: 813 - Lake City
  • High School District: Lake City

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Basement: Yes
  • Basement Desc.: Block, Full, Unfinished
  • Foundation Size: 802
  • Disability Access: None
  • Square Feet: 1,127
  • Above Ground: 1,127 Sq. Ft.
  • Below Ground: 802 Sq. Ft.
  • Finished Down/Base.: 1,929 Sq. Ft.
  • Year Built: 1890

Lot Features

  • Lot Size (Acres): 0.163
  • Lot Dimensions: 50 x 142
  • Zoning: Residential-Single Family

Financial Considerations

  • Tax Amount: $1,950
  • Tax Year: 2026
  • Terms: Conventional, VA, FHA, Cash, USDA

Disclosures and Reports

  • Legal Description: SECT-05 TWP-111 RANGE-012 LAKE CITY LOT-010 BLOCK-148
  • Property ID: R220109000

Listed by MN WI Real Estate Hub

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— 506 N 7th St —

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NMLS#: 1598647

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Schools serving 506 N 7th St

School District:Lake City Public School District
NameGradesDistance
Bluff View Elementary School
1156 West Lakewood Avenue, Lake City, MN 55041
PK-60.8 mi
Lincoln Secondary, Lake City, MN
300 South Garden Street, Lake City, MN 55041
7-120.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 506 N 7th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/24/2026
Listed
$229,900
15.53%
MLS
7/08/2022
Sold
$199,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 506 N 7th St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,950
5%
$196,800
12%
2025
$1,860
-1%
$176,300
5%
2024
$1,874
—
$167,600
21%
2023
$1,874
50%
$138,100
29%
2021
$1,250
-23%
$106,700
-24%
2023
$1,622
30%
$139,900
34%
2021
$1,250
36%
$104,400
23%
2020
$918
-1%
$84,600
1%
2019
$930
12%
$84,100
7%
2017
$833
—
$78,300
100%
2015
$835
—
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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506 N 7th Street, Lake City, MN 55041 (MLS# 7148339) is a Single Family property with 2 bedrooms and 1 full bathroom. 506 N 7th Street is currently listed for $229,900 and was received on September 17, 2026. Want to learn more about 506 N 7th Street? Do you have questions about finding other Single Family real estate for sale in Lake City? You can browse all Lake City real estate or contact a Coldwell Banker agent to request more information.

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