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517 1st St

Aitkin, MN 56431

2 bd 1 ba 926 sqft Built 1950 Lot 7,100 sqft single_family
Most recent sale
$41,000
Jan 26, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 18, 2024 Sold $151,000 NorthstarMLS
Jul 29, 2024 Price changed $159,900 NorthstarMLS
Jun 19, 2024 Price changed $169,900 NorthstarMLS
May 17, 2024 Listed $179,900 NorthstarMLS
Jan 26, 2024 Sold $41,000 NorthstarMLS
Jan 3, 2024 Listed $39,000 NorthstarMLS
Jul 17, 2020 Sold $44,000 Public Record
Jun 5, 2020 Sold $32,500 GreaterLakes
May 11, 2020 Listed $39,500 GreaterLakes

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $73,368 $13,934 $87,302 $962
2025 $35,700 $11,760 $47,460 $300
2024 $37,817 $12,252 $50,069 $424
2023 $30,180 $11,760 $41,940 $340
2022 $21,480 $9,420 $30,900 $268
2021 $20,280 $9,420 $29,700 $210
2020 $34,100 $15,700 $49,800 $744
2019 $33,800 $15,700 $49,500 $722
2018 $33,800 $15,700 $49,500 $720
2017 $31,700 $15,700 $47,400 $662
2016 $36,800 $15,700 $52,500 $690
2015 $36,800 $16,000 $52,800 $684
2014 $37,100 $16,000 $53,100 $676
2013 $37,100 $16,800 $53,900 $670
2012 $39,400 $20,000 $59,400 $698
2011 $41,700 $21,000 $62,700 $626

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
926 sqft
Lot size
7,100 sqft
ZIP code
56431
City
Aitkin
Street
1st St
Coordinates
46.53204, -93.71519

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$246
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 517 1st St last sell?
517 1st St most recently sold on Jan 26, 2024 for $41,000.
What is the current tax assessment for 517 1st St?
The most recent total assessment for 517 1st St (year 2026) is $87,302 with $962 in property tax.
How does 517 1st St's assessment compare to its last sale price?
The current assessment is 112.9% above the last sale price of $41,000.
When was 517 1st St built?
517 1st St was built in 1950.
How does 517 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 517 1st St?
517 1st St is a 2 bed, 1 bath, 926 sqft, 7,100 sqft lot single_family.
Is 517 1st St a flip candidate?
Yes — 517 1st St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 517 1st St a tax-appeal candidate?
No — 517 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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