505 3rd St
Aitkin, MN 56431
2 bd 1 ba 972 sqft Built 1940 Lot 7,144 sqft single_family
Most recent sale
$149,900
Jun 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 22, 2022 | Sold | $149,900 | MLS #6182649 |
| May 2, 2022 | Price changed | $149,900 | MLS #6182649 |
| Apr 21, 2022 | Listed | $159,900 | MLS #6182649 |
| Apr 1, 2019 | Sold | $85,000 | Public Record |
| Jan 1, 2019 | Sold | $85,000 | Public Record |
| Aug 17, 2015 | Sold | $85,000 | Public Record |
| Jun 12, 2015 | Sold | $89,900 | MLS #4513866 |
| Sep 15, 2014 | Sold | $89,900 | MLS #4513866 |
| Aug 5, 2014 | Listed | $89,900 | MLS #4513866 |
| Mar 31, 2012 | Listing removed | $110,000 | NorthstarMLS |
| Nov 5, 2008 | Listed | $110,000 | MLS #4280642 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $98,732 | $15,166 | $113,898 | $1,336 |
| 2025 | $92,351 | $14,898 | $107,249 | $1,036 |
| 2024 | $107,119 | $16,416 | $123,535 | $1,438 |
| 2023 | $106,800 | $19,600 | $126,400 | $1,838 |
| 2022 | $76,200 | $15,700 | $91,900 | $1,594 |
| 2021 | $72,000 | $15,700 | $87,700 | $1,378 |
| 2020 | $47,299 | $10,400 | $57,699 | $608 |
| 2019 | $46,287 | $10,322 | $56,609 | $574 |
| 2018 | $46,287 | $10,322 | $56,609 | $574 |
| 2017 | $42,057 | $9,974 | $52,031 | $454 |
| 2016 | $42,000 | $10,000 | $52,000 | $414 |
| 2015 | $42,200 | $10,200 | $52,400 | $410 |
| 2014 | $42,200 | $10,200 | $52,400 | $398 |
| 2013 | $37,300 | $10,300 | $47,600 | $316 |
| 2012 | $42,300 | $13,000 | $55,300 | $374 |
| 2011 | $72,500 | $11,600 | $84,100 | $310 |
| 2010 | $72,500 | $11,600 | $84,100 | $226 |
Property facts
Year built
1940
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
972 sqft
Lot size
7,144 sqft
ZIP code
56431
City
Aitkin
Street
3rd St
Coordinates
46.53409, -93.71463
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
$1,458
Gross rental yield
11.67%
Implied cap rate
7.59%
Trend-extrapolated value
—
Frequently asked questions
When did 505 3rd St last sell?
505 3rd St most recently sold on Jun 22, 2022 for $149,900.
What is the current tax assessment for 505 3rd St?
The most recent total assessment for 505 3rd St (year 2026) is $113,898 with $1,336 in property tax.
How does 505 3rd St's assessment compare to its last sale price?
The current assessment is 24.0% below the last sale price of $149,900.
When was 505 3rd St built?
505 3rd St was built in 1940.
How does 505 3rd St compare to others on 3rd St?
We track 8 other properties on 3rd St. Browse the list under "Other properties on 3rd St" to compare beds, baths, and sale history.
What are the property facts for 505 3rd St?
505 3rd St is a 2 bed, 1 bath, 972 sqft, 7,144 sqft lot single_family.
Is 505 3rd St a flip candidate?
No — 505 3rd St does not appear in our flips dataset.
Is 505 3rd St a tax-appeal candidate?
No — 505 3rd St 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 3rd St