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407 1st St

Aitkin, MN 56431

3 bd 2 ba 1,653 sqft Built 1910 Lot 19,515 sqft single_family
Most recent sale
$199,500
May 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 13, 2022 Sold $199,500 MLS #6164434
Mar 16, 2022 Listed $199,500 MLS #6164434

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $185,788 $22,722 $208,510 $2,666
2025 $154,789 $22,002 $176,791 $2,026
2024 $152,172 $22,920 $175,092 $2,152
2023 $123,949 $22,149 $146,098 $1,852
2022 $80,251 $16,034 $96,285 $1,408
2021 $74,444 $15,737 $90,181 $1,158
2020 $72,893 $15,653 $88,546 $1,064
2019 $70,314 $15,507 $85,821 $996
2018 $92,500 $20,400 $112,900 $1,644
2017 $87,100 $20,400 $107,500 $1,500
2016 $87,100 $20,400 $107,500 $1,414
2015 $82,000 $21,700 $103,700 $1,344
2014 $58,300 $15,700 $74,000 $672
2013 $58,600 $16,600 $75,200 $658
2012 $65,000 $20,600 $85,600 $728
2011 $90,500 $28,600 $119,100 $900
2010 $90,500 $28,600 $119,100 $866

Property facts

Year built
1910
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,653 sqft
Lot size
19,515 sqft
ZIP code
56431
City
Aitkin
Street
1st St
Coordinates
46.53202, -93.71305

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,197
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 407 1st St last sell?
407 1st St most recently sold on May 13, 2022 for $199,500.
What is the current tax assessment for 407 1st St?
The most recent total assessment for 407 1st St (year 2026) is $208,510 with $2,666 in property tax.
How does 407 1st St's assessment compare to its last sale price?
The current assessment is 4.5% above the last sale price of $199,500.
When was 407 1st St built?
407 1st St was built in 1910.
How does 407 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 407 1st St?
407 1st St is a 3 bed, 2 bath, 1,653 sqft, 19,515 sqft lot single_family.
Is 407 1st St a flip candidate?
No — 407 1st St does not appear in our flips dataset.
Is 407 1st St a tax-appeal candidate?
No — 407 1st 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
-1.5%
2026 Q3
$298.7K
2026 Q4
$298.7K
ZIP 56431 — Median Price History + Forecast

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