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501 3rd Ave

Aurora, MN 55705

4 bd 2 ba 2,460 sqft Built 1973 Lot 348,480 sqft single_family
Most recent sale
$205,000
Dec 15, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 15, 2023 Sold $205,000 LakeSuperiorAreaRealtors
Oct 19, 2023 Price changed $210,000 RangeMLS
Oct 18, 2023 Price changed $210,000 NorthstarMLS
Oct 10, 2023 Price changed $224,900 NorthstarMLS
Sep 30, 2023 Price changed $250,000 NorthstarMLS
Sep 13, 2023 Price changed $269,000 NorthstarMLS
Sep 5, 2023 Price changed $295,000 NorthstarMLS
Aug 24, 2023 Listed $340,000 NorthstarMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $156,840 $22,108 $178,948 $3,930
2023 $122,143 $22,152 $144,295 $3,646
2022 $77,915 $17,376 $95,291 $2,454
2021 $67,721 $16,779 $84,500 $2,372
2020 $67,721 $16,779 $84,500 $2,038
2019 $67,439 $15,953 $83,392 $2,032
2018 $74,850 $22,811 $97,661 $2,252
2017 $81,710 $23,254 $104,964 $2,404
2016 $81,700 $23,300 $105,000 $2,050
2015 $81,300 $22,000 $103,300 $2,162
2014 $81,700 $23,300 $105,000 $1,991
2013 $90,100 $23,700 $113,800 $1,990
2011 $83,100 $23,000 $106,100 $1,953
2010 $114,000 $28,400 $142,400 $1,937
2009 $102,500 $25,600 $128,100 $1,720
2008 $97,600 $24,400 $122,000 $1,653
2007 $85,200 $21,300 $106,500 $1,421

Property facts

Year built
1973
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,460 sqft
Lot size
348,480 sqft
ZIP code
55705
City
Aurora
Street
3rd Ave
Coordinates
47.52399, -92.22690

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,230
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 501 3rd Ave last sell?
501 3rd Ave most recently sold on Dec 15, 2023 for $205,000.
What is the current tax assessment for 501 3rd Ave?
The most recent total assessment for 501 3rd Ave (year 2025) is $178,948 with $3,930 in property tax.
How does 501 3rd Ave's assessment compare to its last sale price?
The current assessment is 12.7% below the last sale price of $205,000.
When was 501 3rd Ave built?
501 3rd Ave was built in 1973.
How does 501 3rd Ave compare to others on 3rd Ave?
We track 8 other properties on 3rd Ave. Browse the list under "Other properties on 3rd Ave" to compare beds, baths, and sale history.
What are the property facts for 501 3rd Ave?
501 3rd Ave is a 4 bed, 2 bath, 2,460 sqft, 348,480 sqft lot single_family.
Is 501 3rd Ave a flip candidate?
No — 501 3rd Ave does not appear in our flips dataset.
Is 501 3rd Ave a tax-appeal candidate?
No — 501 3rd Ave 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
+7.1%
Implied 1-yr
+28.4%
2026 Q3
$265.5K
2026 Q4
$265.5K
ZIP 55705 — Median Price History + Forecast

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