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121 3rd Ave

Biwabik, MN 55708

2 bd 2 ba 1,040 sqft Built 1925 Lot 4,356 sqft single_family
Most recent sale
$52,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 25, 2025 Sold $165,000 RangeMLS
Jun 1, 2025 Listed $159,000 RangeMLS
Apr 29, 2022 Sold $52,000 MLS #6175933
Apr 14, 2022 Listed $58,888 MLS #6175933
Jun 4, 2003 Sold $21,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $65,900 $4,300 $70,200 $1,370
2025 $60,100 $4,100 $64,200 $1,138
2023 $42,200 $4,000 $46,200 $1,066
2022 $39,800 $3,600 $43,400 $1,190
2021 $38,300 $3,600 $41,900 $1,032
2020 $38,300 $3,600 $41,900 $1,036
2019 $39,800 $3,600 $43,400 $948
2018 $32,100 $4,100 $36,200 $732
2017 $35,700 $4,100 $39,800 $798
2016 $33,100 $3,700 $36,800 $696
2015 $33,100 $3,700 $36,800 $718
2014 $34,700 $3,700 $38,400 $691
2013 $34,700 $3,700 $38,400 $723
2011 $27,200 $3,000 $30,200 $554
2010 $29,700 $3,000 $32,700 $557
2009 $24,700 $2,500 $27,200 $470
2008 $21,600 $2,200 $23,800 $451
2007 $18,800 $1,900 $20,700 $425

Property facts

Year built
1925
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,040 sqft
Lot size
4,356 sqft
ZIP code
55708
City
Biwabik
Street
3rd Ave
Coordinates
47.53175, -92.34568

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
$312
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 121 3rd Ave last sell?
121 3rd Ave most recently sold on Apr 29, 2022 for $52,000.
What is the current tax assessment for 121 3rd Ave?
The most recent total assessment for 121 3rd Ave (year 2026) is $70,200 with $1,370 in property tax.
How does 121 3rd Ave's assessment compare to its last sale price?
The current assessment is 35.0% above the last sale price of $52,000.
When was 121 3rd Ave built?
121 3rd Ave was built in 1925.
How does 121 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 121 3rd Ave?
121 3rd Ave is a 2 bed, 2 bath, 1,040 sqft, 4,356 sqft lot single_family.
Is 121 3rd Ave a flip candidate?
No — 121 3rd Ave does not appear in our flips dataset.
Is 121 3rd Ave a tax-appeal candidate?
No — 121 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
+2.6%
Implied 1-yr
+10.6%
2025 Q3
$151.8K
2025 Q4
$155.2K
ZIP 55708 — Median Price History + Forecast

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