406 1st Ave
Aitkin, MN 56431
2 bd 2 ba 1,356 sqft Built 2020 Lot 21,301 sqft single_family
Most recent sale
$399,900
Sep 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 12, 2022 | Sold | $399,900 | MLS #6191588 |
| Jun 14, 2022 | Price changed | $399,900 | MLS #6191588 |
| May 6, 2022 | Listed | $419,000 | MLS #6191588 |
| May 14, 2018 | Sold | $35,000 | Public Record |
| Jul 29, 2017 | Listing removed | $41,500 | GreaterLakes |
| Oct 31, 2016 | Relisted | $41,500 | MLS #4745260 |
| Oct 30, 2016 | Listing removed | $41,500 | GreaterLakes |
| Oct 22, 2016 | Relisted | $41,500 | MLS #4745260 |
| Oct 21, 2016 | Listing removed | $41,500 | GreaterLakes |
| Jul 29, 2016 | Listed | $41,500 | MLS #4745260 |
| Apr 21, 2014 | Sold | $25,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $361,900 | $29,600 | $391,500 | $5,522 |
| 2025 | $338,200 | $29,600 | $367,800 | $5,248 |
| 2024 | $321,200 | $29,600 | $350,800 | $4,866 |
| 2023 | $272,168 | $28,710 | $300,878 | $4,094 |
| 2022 | $190,284 | $21,977 | $212,261 | $3,412 |
| 2021 | — | $12,840 | $12,840 | $90 |
| 2020 | — | $12,840 | $12,840 | $394 |
| 2019 | — | $21,400 | $21,400 | $384 |
| 2014 | $199,600 | $65,400 | $265,000 | $8,526 |
| 2010 | $251,900 | $81,800 | $333,700 | $8,724 |
Property facts
Year built
2020
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,356 sqft
Lot size
21,301 sqft
ZIP code
56431
City
Aitkin
Street
1st Ave
Coordinates
46.52584, -93.70819
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,034
Gross rental yield
6.10%
Implied cap rate
3.97%
Trend-extrapolated value
—
Frequently asked questions
When did 406 1st Ave last sell?
406 1st Ave most recently sold on Sep 12, 2022 for $399,900.
What is the current tax assessment for 406 1st Ave?
The most recent total assessment for 406 1st Ave (year 2026) is $391,500 with $5,522 in property tax.
How does 406 1st Ave's assessment compare to its last sale price?
The current assessment is 2.1% below the last sale price of $399,900.
When was 406 1st Ave built?
406 1st Ave was built in 2020.
How does 406 1st Ave compare to others on 1st Ave?
We track 8 other properties on 1st Ave. Browse the list under "Other properties on 1st Ave" to compare beds, baths, and sale history.
What are the property facts for 406 1st Ave?
406 1st Ave is a 2 bed, 2 bath, 1,356 sqft, 21,301 sqft lot single_family.
Is 406 1st Ave a flip candidate?
No — 406 1st Ave does not appear in our flips dataset.
Is 406 1st Ave a tax-appeal candidate?
No — 406 1st Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.4%
Implied 1-yr
-1.5%
2026 Q3
$298.7K
2026 Q4
$298.7K
ZIP 56431 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 1st Ave