118 E 7th St, Monticello, MN 55362 Property Records

Wright County property record for 118 E 7th St, Monticello, MN 55362

Property Summary

Property Type	Motel
Details	8,726 sqft · built 1982
Lot Size	1.1 acres (47,960 sqft)
Owner	Company Name on Record
Last Sale	$504,000 (Sep 2012)
Tax Bill	$16,008 (2026)
Deeds & Mortgages	May 2026 Construction Loan Jan 2026 Line of Credit + 5 more
Flood Zone	Zone X (minimal risk)
APN	`155-010-003040`

Property Details

APN / Parcel Number

Primary APN	`155-010-003040`

Interior

Building Area	8,726 sqft Total Area
1st Floor Area	8,726 sqft

Exterior

Year Built	Built 1982
Effective Year Built	Effective 1995
Exterior Material	Wood
Construction Type	Wood
Roof Type	Gable
Roof Material	Composition Shingle
Lot Area	47,960 sqft (1.1 acres)

Utilities, Heating & Cooling

Cooling System	Wall Unit
Heating System	Forced Air with A/C

Location & Zoning

Street Address	118 E 7TH ST
City	MONTICELLO
State	MN
Zip	55362-4508
Property Category	Commercial
Property Type	Commercial > Retail > Motel
Legal Description	SECT-11 TWP-121 RANGE-025 ORIGINAL PLAT MONTICELLO BLOCK-003 LTS4,5,6&7BLK3ALSO VAC8TH ST LY NELY OF I-94&LY SELY OF SWLY EXT
Legal Range	025
Legal Township	121
Legal Section	11
Legal Subdivision	ORIGINAL PLAT MONTICELLO
Legal Block	3,3
Legal Lot Number	4,3
Jurisdiction	WRIGHT MN
Township / Civil Division	MONTICELLO
Census Block Group	1
Census Block	1029
Census Tract	100205

Owner

Source: Wright County records, as of July 20, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	118 W 7TH ST, MONTICELLO, MN 55362-8556
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
May 13, 2026	Deed of Trust, Mortgage · Construction Mortgage STAR BANK
Jan 20, 2026	Deed of Trust, Mortgage · Line of Credit STAR BANK
Apr 12, 2024	Deed of Trust, Mortgage · Line of Credit STAR BANK
Mar 25, 2024	Deed of Trust, Mortgage · Commercial Mortgage STAR BANK
Jul 22, 2021	Deed of Trust, Mortgage · Commercial Mortgage STAR BANK
Mar 25, 2019	Loan Modification, Mortgage · Line of Credit FIRST MN BK
Mar 2, 2018	Trustee's Deed, Construction Loan · Line of Credit FIRST MN BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 25, 2012 · Amount on Record
Deed Sale	Sep 25, 2012 · Amount on Record
Prior Sale	Aug 8, 2000 · Amount on Record
Deed Document Number	2012119170
Prior Transfer Date	Sep 11, 2012
Prior Transfer Doc	0000119170
Record Updated	Sep 20, 2026

May 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	WRIGHT MN
Recording Date	May 13, 2026
Property Address	118 E 7TH ST, MONTICELLO, MN 55362-4508
Document Number	0001602557
Instrument Date	Apr 30, 2026
Instrument	20261602557
Transaction Type	Mortgage
Record Updated	Jul 12, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership, 266
Address	118 E 7TH ST, MONTICELLO, MN 55362-4508

Mortgage

Document Number	0001602557,
Date	May 13, 2026
Instrument	20261602557

Lender

Name	STAR BANK

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	2 Months
Due	Jul 30, 2026

Interest

Rate	6.46%
Max Rate	-1%

January 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	WRIGHT MN
Property Address	118 E 7TH ST, MONTICELLO, MN 55362-4508
Transaction Type	Mortgage
Record Updated	Mar 27, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	118 E 7TH ST, MONTICELLO, MN 55362-4508

Mortgage

Document Number	00A1594172
Date	Jan 20, 2026
Instrument	A1594172

Lender

Name	STAR BANK
Type	Bank
Address	MAPLE LAKE, MN 55358

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	6 Months
Due	Jul 20, 2026

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

April 2024: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	WRIGHT MN
Property Address	118 E 7TH ST, MONTICELLO, MN 55362-4508
Transaction Type	Mortgage
Record Updated	May 17, 2024

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	00A1550519
Date	Apr 12, 2024
Instrument	A1550519

Lender

Name	STAR BANK
Type	Bank
Address	MAPLE LAKE, MN 55358

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	60 Months
Due	Apr 2, 2029

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

March 2024: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	WRIGHT MN
Property Address	118 E 7TH ST, MONTICELLO, MN 55362-4508
Transaction Type	Mortgage
Record Updated	May 1, 2024

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	00A1549443
Date	Mar 25, 2024
Instrument	A1549443

Lender

Name	STAR BANK
Type	Bank
Address	MAPLE LAKE, MN 55358

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	36 Months
Due	Mar 20, 2027

July 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	WRIGHT MN
Property Address	118 E 7TH ST, MONTICELLO, MN 55362-4508
Transaction Type	Mortgage
Record Updated	Aug 15, 2023
Title Company	PREFERRED TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	118 E 7TH ST, MONTICELLO, MN 55362-4508

Mortgage

Document Number	0001477648
Date	Jul 22, 2021
Instrument	1477648

Lender

Name	STAR BANK
Type	Bank
Address	MAPLE LAKE, MN 55358

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	60 Months
Due	Jul 10, 2026

March 2019: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	WRIGHT MN
Property Address	118 E 7TH ST, MONTICELLO, MN 55362-4508
Document Number	0001392971
Instrument Date	Mar 25, 2019
Transaction Type	Mortgage
Record Updated	May 1, 2019
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	PO BOX 957 MONTICELLO MN 553620957, MONTICELLO, MN 55362-0957

Mortgage

Document Number	0001392971
Date	Apr 4, 2019
Instrument	1392971

Lender

Name	FIRST MN BK
Type	Bank
Address	MONTICELLO, MN 55362

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	12 Months
Due	Apr 3, 2020

Interest

Rate Type	Adjustable Rate

March 2018: Trustee's Deed, Construction Loan

Document Type	Trustee's Deed
Jurisdiction	WRIGHT MN
Recording Date	Mar 2, 2018
Property Address	118 E 7TH ST, MONTICELLO, MN 55362-4508
Instrument Date	Feb 20, 2018
Instrument	1365012
Transaction Type	Construction Loan
Record Updated	Apr 6, 2018

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	PO BOX 857 MONTICELLO MN 55362, MONTICELLO, MN 55362

Mortgage

Document Number	0001365012
Date	Mar 2, 2018
Instrument	1365012

Lender

Name	FIRST MN BK
Type	Bank
Address	MONTICELLO, MN 65382

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	12 Months
Due	Mar 1, 2019

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Wright County assessment roll, as of July 20, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Wright County
Municipality	Monticello City
Unified School District	Monticello Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$16,008.00 (+20.71%)	$887,100 (+28.73%) Land $434,000 Building $453,100	$887,100 (+28.73%) Land $434,000 Building $453,100
2025		$689,100 (+0.45%) Land $299,400 Building $389,700	$689,100 (+0.45%) Land $299,400 Building $389,700
2023	$13,262.00 (-10.63%)	$686,000 Land $227,500 Building $458,500	$686,000 Land $227,500 Building $458,500
2022	$14,840.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective April 19, 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · lower than 60% of Minnesota
Wildfire Likelihood	0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	Monticello serves 15,087 people · EPA ID MN1860012
Water Source	Groundwater
Last State Inspection	Aug 2025
Lead	4 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 56 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
TDS Telecom Fiber	1,000 / 1,000
Fibernet Monticello Fiber	1,000 / 500

May also be available: Spectrum, T-Mobile, Verizon.

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