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408 4th St

Aitkin, MN 56431

3 bd 2 ba 1,952 sqft Built 1887 Lot 10,716 sqft single_family
Most recent sale
$267,000
Feb 23, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 23, 2024 Sold $267,000 NorthstarMLS
Oct 16, 2023 Listed $265,000 NorthstarMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $210,419 $19,673 $230,092 $2,970
2025 $198,395 $19,489 $217,884 $2,610
2024 $207,087 $20,325 $227,412 $2,874
2023 $167,463 $19,728 $187,191 $2,448
2022 $110,531 $14,530 $125,061 $1,906
2021 $102,797 $14,307 $117,104 $1,580
2020 $102,479 $14,298 $116,777 $1,484
2019 $100,154 $14,225 $114,379 $1,410
2018 $100,154 $14,225 $114,379 $1,408
2017 $92,558 $13,973 $106,531 $1,212
2016 $92,500 $14,000 $106,500 $1,128
2015 $92,800 $14,700 $107,500 $1,122
2014 $84,400 $14,400 $98,800 $986
2013 $84,600 $15,300 $99,900 $964
2012 $92,400 $18,600 $111,000 $1,026
2011 $116,900 $24,000 $140,900 $896

Property facts

Year built
1887
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,952 sqft
Lot size
10,716 sqft
ZIP code
56431
City
Aitkin
Street
4th St
Coordinates
46.53575, -93.71339

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,928
Gross rental yield
13.16%
Implied cap rate
8.55%
Trend-extrapolated value

Frequently asked questions

When did 408 4th St last sell?
408 4th St most recently sold on Feb 23, 2024 for $267,000.
What is the current tax assessment for 408 4th St?
The most recent total assessment for 408 4th St (year 2026) is $230,092 with $2,970 in property tax.
How does 408 4th St's assessment compare to its last sale price?
The current assessment is 13.8% below the last sale price of $267,000.
When was 408 4th St built?
408 4th St was built in 1887.
How does 408 4th St compare to others on 4th St?
We track 8 other properties on 4th St. Browse the list under "Other properties on 4th St" to compare beds, baths, and sale history.
What are the property facts for 408 4th St?
408 4th St is a 3 bed, 2 bath, 1,952 sqft, 10,716 sqft lot single_family.
Is 408 4th St a flip candidate?
No — 408 4th St does not appear in our flips dataset.
Is 408 4th St a tax-appeal candidate?
No — 408 4th 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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