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38947 State Highway 47

Aitkin, MN 56431

2 bd 1 ba 1,540 sqft Built 1976 Lot 521,849 sqft single_family
Most recent sale
$185,000
Dec 21, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 21, 2021 Sold $185,000 MLS #6123206
Nov 3, 2021 Listed $185,000 MLS #6123206

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $187,440 $52,680 $240,120 $1,178
2025 $179,383 $52,562 $231,945 $888
2024 $185,536 $47,653 $233,189 $1,114
2023 $150,860 $44,397 $195,257 $996
2022 $107,468 $30,019 $137,487 $906
2021 $105,900 $35,800 $141,700 $1,178
2020 $105,900 $35,800 $141,700 $1,242
2019 $104,500 $36,100 $140,600 $1,180
2018 $97,200 $35,400 $132,600 $630
2017 $71,865 $28,889 $100,754 $948
2016 $89,800 $36,500 $126,300 $1,014
2015 $89,300 $36,000 $125,300 $904
2014 $82,700 $38,600 $121,300 $870
2013 $82,000 $38,700 $120,700 $462
2012 $80,700 $30,200 $110,900 $450
2011 $87,000 $30,300 $117,300 $348
2010 $111,300 $53,200 $164,500 $448

Property facts

Year built
1976
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,540 sqft
Lot size
521,849 sqft
ZIP code
56431
City
Aitkin
Street
State Highway 47
Coordinates
46.51779, -93.66320

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,110
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 38947 State Highway 47 last sell?
38947 State Highway 47 most recently sold on Dec 21, 2021 for $185,000.
What is the current tax assessment for 38947 State Highway 47?
The most recent total assessment for 38947 State Highway 47 (year 2026) is $240,120 with $1,178 in property tax.
How does 38947 State Highway 47's assessment compare to its last sale price?
The current assessment is 29.8% above the last sale price of $185,000.
When was 38947 State Highway 47 built?
38947 State Highway 47 was built in 1976.
How does 38947 State Highway 47 compare to others on State Highway 47?
We track 8 other properties on State Highway 47. Browse the list under "Other properties on State Highway 47" to compare beds, baths, and sale history.
What are the property facts for 38947 State Highway 47?
38947 State Highway 47 is a 2 bed, 1 bath, 1,540 sqft, 521,849 sqft lot single_family.
Is 38947 State Highway 47 a flip candidate?
No — 38947 State Highway 47 does not appear in our flips dataset.
Is 38947 State Highway 47 a tax-appeal candidate?
Yes — 38947 State Highway 47 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 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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