516 4th St
Aitkin, MN 56431
1 bd 1 ba 974 sqft Built 1900 Lot 7,144 sqft single_family
Most recent sale
$109,500
May 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 12, 2025 | Sold | $115,000 | NorthstarMLS |
| May 7, 2025 | Price changed | $124,900 | NorthstarMLS |
| Apr 11, 2025 | Price changed | $129,900 | NorthstarMLS |
| Feb 18, 2025 | Price changed | $134,900 | NorthstarMLS |
| Jan 31, 2025 | Price changed | $139,900 | NorthstarMLS |
| Jan 8, 2025 | Price changed | $144,500 | NorthstarMLS |
| Dec 20, 2024 | Listed | $148,500 | NorthstarMLS |
| May 16, 2022 | Sold | $109,500 | MLS #6179926 |
| Apr 25, 2022 | Price changed | $119,900 | MLS #6179926 |
| Apr 15, 2022 | Listed | $129,900 | MLS #6179926 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $119,100 | $19,600 | $138,700 | $1,956 |
| 2025 | $113,300 | $19,600 | $132,900 | $1,896 |
| 2024 | $115,700 | $19,600 | $135,300 | $1,876 |
| 2023 | $96,600 | $19,600 | $116,200 | $1,690 |
| 2022 | $68,700 | $15,700 | $84,400 | $1,464 |
| 2021 | $64,900 | $15,700 | $80,600 | $1,266 |
| 2020 | $65,800 | $15,700 | $81,500 | $1,216 |
| 2019 | $64,100 | $15,700 | $79,800 | $1,164 |
| 2018 | $64,100 | $15,700 | $79,800 | $1,162 |
| 2017 | $60,300 | $15,700 | $76,000 | $1,060 |
| 2016 | $60,300 | $15,700 | $76,000 | $1,000 |
| 2015 | $60,300 | $16,000 | $76,300 | $990 |
| 2014 | $57,600 | $16,000 | $73,600 | $938 |
| 2013 | $57,600 | $16,800 | $74,400 | $924 |
| 2012 | $61,200 | $20,000 | $81,200 | $954 |
| 2011 | $68,400 | $17,900 | $86,300 | $856 |
| 2010 | $68,400 | $17,900 | $86,300 | $834 |
Property facts
Year built
1900
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
974 sqft
Lot size
7,144 sqft
ZIP code
56431
City
Aitkin
Street
4th St
Coordinates
46.53574, -93.71512
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
$657
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 516 4th St last sell?
516 4th St most recently sold on May 16, 2022 for $109,500.
What is the current tax assessment for 516 4th St?
The most recent total assessment for 516 4th St (year 2026) is $138,700 with $1,956 in property tax.
How does 516 4th St's assessment compare to its last sale price?
The current assessment is 26.7% above the last sale price of $109,500.
When was 516 4th St built?
516 4th St was built in 1900.
How does 516 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 516 4th St?
516 4th St is a 1 bed, 1 bath, 974 sqft, 7,144 sqft lot single_family.
Is 516 4th St a flip candidate?
No — 516 4th St does not appear in our flips dataset.
Is 516 4th St a tax-appeal candidate?
Yes — 516 4th St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
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 4th St