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407 5th St

Aitkin, MN 56431

2 bd 2 ba 2,120 sqft Built 1946 Lot 10,716 sqft single_family
Most recent sale
$173,500
Apr 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2022 Sold $173,500 MLS #6152868
Mar 7, 2022 Relisted $169,900 MLS #6152868
Feb 17, 2022 Listed $169,900 MLS #6152868
Jun 12, 2015 Sold $113,000 MLS #4452164
Jul 23, 2014 Sold $113,000 MLS #4452164
Apr 14, 2014 Price changed $112,000 MLS #4452164
Mar 4, 2014 Listed $112,000 MLS #4452164
Mar 4, 2014 Listing removed $116,500 NorthstarMLS
Oct 9, 2013 Listing removed $116,500 Arrowhead
Oct 3, 2013 Price changed $116,500 MLS #4408362
Sep 3, 2013 Listed $116,500 MLS #4408362

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $131,079 $18,026 $149,105 $1,830
2025 $123,361 $17,787 $141,148 $1,518
2024 $139,264 $19,151 $158,415 $1,920
2023 $111,898 $18,395 $130,293 $1,624
2022 $71,112 $13,074 $84,186 $1,200
2021 $65,831 $12,796 $78,627 $978
2020 $65,831 $12,796 $78,627 $910
2019 $65,211 $12,762 $77,973 $866
2018 $64,076 $12,698 $76,774 $866
2017 $64,076 $12,698 $76,774 $720
2016 $58,730 $12,376 $71,106 $664
2015 $58,700 $12,400 $71,100 $666
2014 $59,000 $13,100 $72,100 $460
2013 $45,200 $12,100 $57,300 $450
2012 $45,600 $12,800 $58,400 $510
2011 $51,000 $16,000 $67,000 $432
2010 $77,100 $24,000 $101,100 $404

Property facts

Year built
1946
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
2,120 sqft
Lot size
10,716 sqft
ZIP code
56431
City
Aitkin
Street
5th St
Coordinates
46.53618, -93.71325

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
$1,041
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 407 5th St last sell?
407 5th St most recently sold on Apr 15, 2022 for $173,500.
What is the current tax assessment for 407 5th St?
The most recent total assessment for 407 5th St (year 2026) is $149,105 with $1,830 in property tax.
How does 407 5th St's assessment compare to its last sale price?
The current assessment is 14.1% below the last sale price of $173,500.
When was 407 5th St built?
407 5th St was built in 1946.
How does 407 5th St compare to others on 5th St?
We track 8 other properties on 5th St. Browse the list under "Other properties on 5th St" to compare beds, baths, and sale history.
What are the property facts for 407 5th St?
407 5th St is a 2 bed, 2 bath, 2,120 sqft, 10,716 sqft lot single_family.
Is 407 5th St a flip candidate?
No — 407 5th St does not appear in our flips dataset.
Is 407 5th St a tax-appeal candidate?
No — 407 5th 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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