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40040 301st Ln

Aitkin, MN 56431

2 bd 2 ba 624 sqft Built 1941 Lot 13,939 sqft single_family
Most recent sale
$351,000
Nov 3, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 3, 2023 Sold $351,000 NorthstarMLS
Sep 19, 2023 Listed $325,000 NorthstarMLS
Sep 2, 2022 Sold $285,000 NorthstarMLS
Jul 29, 2022 Listed $250,000 NorthstarMLS
Oct 15, 2015 Sold $148,000 NorthstarMLS
Jul 13, 2015 Price changed $159,900 GreaterLakes
May 20, 2015 Listed $159,900 NorthstarMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $131,700 $191,600 $323,300 $1,716
2025 $126,100 $191,600 $317,700 $1,756
2024 $124,400 $160,400 $284,800 $1,522
2023 $107,700 $123,100 $230,800 $1,314
2022 $82,800 $98,100 $180,900 $1,338
2021 $75,600 $91,400 $167,000 $1,210
2020 $55,400 $88,000 $143,400 $1,076
2019 $51,700 $88,000 $139,700 $1,088
2018 $46,000 $82,500 $128,500 $992
2017 $46,000 $76,800 $122,800 $910
2016 $48,900 $79,800 $128,700 $988
2015 $49,400 $78,800 $128,200 $952
2014 $49,400 $78,800 $128,200 $936
2013 $52,400 $79,800 $132,200 $936
2012 $55,500 $85,800 $141,300 $948
2011 $64,400 $97,700 $162,100 $884

Property facts

Year built
1941
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
624 sqft
Lot size
13,939 sqft
ZIP code
56431
City
Aitkin
Street
301st Ln
Coordinates
46.44835, -93.68620

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,106
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 40040 301st Ln last sell?
40040 301st Ln most recently sold on Nov 3, 2023 for $351,000.
What is the current tax assessment for 40040 301st Ln?
The most recent total assessment for 40040 301st Ln (year 2026) is $323,300 with $1,716 in property tax.
How does 40040 301st Ln's assessment compare to its last sale price?
The current assessment is 7.9% below the last sale price of $351,000.
When was 40040 301st Ln built?
40040 301st Ln was built in 1941.
How does 40040 301st Ln compare to others on 301st Ln?
We track 3 other properties on 301st Ln. Browse the list under "Other properties on 301st Ln" to compare beds, baths, and sale history.
What are the property facts for 40040 301st Ln?
40040 301st Ln is a 2 bed, 2 bath, 624 sqft, 13,939 sqft lot single_family.
Is 40040 301st Ln a flip candidate?
Yes — 40040 301st Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 40040 301st Ln a tax-appeal candidate?
No — 40040 301st Ln 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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