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1616 3rd Ave

Austin, MN 55912

2 bd 1 ba 1,144 sqft Built 1950 Lot 7,261 sqft single_family
Most recent sale
$80,000
Aug 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 5, 2022 Sold $80,000 MLS #6201288
Jun 14, 2022 Price changed $89,900 MLS #6201288
May 24, 2022 Listed $99,900 MLS #6201288
Apr 23, 2007 Sold $55,000 Public Record
Jun 9, 2006 Listing removed $84,900 Southeastminnesota
Nov 9, 2004 Listed $84,900 MLS #2902904
Jul 10, 2001 Sold $72,400 Public Record
Jun 1, 2001 Listing removed $71,900 Southeastminnesota
Apr 10, 2001 Listed $71,900 MLS #1012740
Jan 30, 2000 Sold $64,900 MLS #1014896
Jul 8, 1999 Listed $64,900 MLS #1014896

Tax assessment history

YearBuildingLandTotal assessedTax paid
2018 $44,000 $706
2017 $43,000 $652
2016 $40,900 $618
2015 $40,900 $570
2014 $40,100 $554
2013 $40,100 $620
2012 $40,100 $656
2009 $54,100 $17,600 $71,700 $616

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,144 sqft
Lot size
7,261 sqft
ZIP code
55912
City
Austin
Street
3rd Ave
Coordinates
43.66381, -92.95205

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
$480
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1616 3rd Ave last sell?
1616 3rd Ave most recently sold on Aug 5, 2022 for $80,000.
What is the current tax assessment for 1616 3rd Ave?
The most recent total assessment for 1616 3rd Ave (year 2018) is $44,000 with $706 in property tax.
How does 1616 3rd Ave's assessment compare to its last sale price?
The current assessment is 45.0% below the last sale price of $80,000.
When was 1616 3rd Ave built?
1616 3rd Ave was built in 1950.
How does 1616 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 1616 3rd Ave?
1616 3rd Ave is a 2 bed, 1 bath, 1,144 sqft, 7,261 sqft lot single_family.
Is 1616 3rd Ave a flip candidate?
No — 1616 3rd Ave does not appear in our flips dataset.
Is 1616 3rd Ave a tax-appeal candidate?
No — 1616 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
-1.1%
Implied 1-yr
-4.6%
2026 Q3
$191.2K
2026 Q4
$188.9K
ZIP 55912 — Median Price History + Forecast

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