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405 Merle Ct

Bemidji, MN 56601

3 bd 1 ba 1,568 sqft Built 1980 Lot 45,302 sqft single_family
Most recent sale
$174,900
Jan 29, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 29, 2024 Sold $174,900 NorthstarMLS
Nov 29, 2023 Relisted $174,900 NorthstarMLS
Nov 27, 2023 Listing removed NorthstarMLS
Nov 20, 2023 Price changed $174,900 NorthstarMLS
Nov 2, 2023 Relisted $194,750 NorthstarMLS
Oct 20, 2023 Listing removed NorthstarMLS
Oct 5, 2023 Price changed $194,750 NorthstarMLS
Aug 16, 2023 Listed $205,000 NorthstarMLS
Nov 26, 2002 Sold $75,000 NorthwestMinnesotaAOR
Mar 13, 2001 Listed $95,000 NorthwestMinnesotaAOR

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $180,100 $28,300 $208,400 $2,234
2023 $180,100 $28,300 $208,400 $1,788
2021 $121,400 $20,500 $141,900 $1,608
2020 $113,400 $20,500 $133,900 $1,518
2019 $109,500 $20,500 $130,000 $1,472
2018 $110,400 $20,500 $130,900 $1,460
2017 $114,600 $20,000 $134,600 $1,554
2016 $110,400 $20,000 $130,400 $1,442
2014 $111,100 $20,000 $131,100 $1,352
2013 $117,900 $20,000 $137,900 $1,504
2012 $118,700 $20,000 $138,700 $1,327

Property facts

Year built
1980
Property type
single_family
Stories
Beds
3
Baths
1
Living area
1,568 sqft
Lot size
45,302 sqft
ZIP code
56601
City
Bemidji
Street
Merle Ct
Coordinates
47.46359, -94.83408

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,049
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 405 Merle Ct last sell?
405 Merle Ct most recently sold on Jan 29, 2024 for $174,900.
What is the current tax assessment for 405 Merle Ct?
The most recent total assessment for 405 Merle Ct (year 2025) is $208,400 with $2,234 in property tax.
How does 405 Merle Ct's assessment compare to its last sale price?
The current assessment is 19.2% above the last sale price of $174,900.
When was 405 Merle Ct built?
405 Merle Ct was built in 1980.
How does 405 Merle Ct compare to others on Merle Ct?
We track 3 other properties on Merle Ct. Browse the list under "Other properties on Merle Ct" to compare beds, baths, and sale history.
What are the property facts for 405 Merle Ct?
405 Merle Ct is a 3 bed, 1 bath, 1,568 sqft, 45,302 sqft lot single_family.
Is 405 Merle Ct a flip candidate?
No — 405 Merle Ct does not appear in our flips dataset.
Is 405 Merle Ct a tax-appeal candidate?
Yes — 405 Merle Ct 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
-2.5%
Implied 1-yr
-10.1%
2026 Q3
$212.2K
2026 Q4
$205.7K
ZIP 56601 — Median Price History + Forecast

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