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425 3rd St

Elgin, MN 55932

3 bd 2 ba 1,960 sqft Built 1994 Lot 9,583 sqft single_family
Most recent sale
$249,000
Apr 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2022 Sold $249,000 MLS #6136117
Mar 2, 2022 Price changed $249,000 MLS #6136117
Feb 18, 2022 Price changed $259,000 MLS #6136117
Feb 9, 2022 Price changed $269,000 MLS #6136117
Jan 28, 2022 Price changed $279,000 MLS #6136117
Jan 7, 2022 Price changed $289,900 MLS #6136117
Dec 17, 2021 Listed $299,900 MLS #6136117
Sep 25, 2015 Sold $150,000 Public Record
Jan 1, 2015 Sold $150,000 Public Record
Jun 17, 2011 Listing removed $149,900 NorthstarMLS
Apr 30, 2007 Sold $149,789 Public Record
Apr 29, 2005 Sold $135,000 MLS #2804300
Mar 21, 2005 Listed $139,900 MLS #3007371
Mar 3, 2004 Listed $139,900 MLS #2804300
Mar 2, 2004 Listed $149,900 MLS #2239902
Aug 15, 2003 Sold $145,000 MLS #2798135
Jun 16, 2003 Listed $149,900 MLS #2798135
Jan 12, 2001 Sold $133,000 MLS #1006327
Oct 19, 2000 Listed $135,900 MLS #1006327
Apr 27, 1998 Sold $81,325 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $226,100 $3,116
2023 $206,300 $2,814
2022 $147,000 $24,600 $171,600 $2,584
2021 $144,400 $24,600 $169,000 $2,578
2020 $144,400 $24,600 $169,000 $2,614
2019 $145,200 $24,600 $169,800 $2,430
2018 $128,500 $24,600 $153,100 $2,004
2017 $107,500 $24,600 $132,100 $2,102
2016 $108,100 $24,600 $132,700 $1,760
2015 $93,021 $20,179 $113,200 $1,756
2014 $93,602 $20,198 $113,800 $1,828
2013 $95,026 $20,274 $115,300 $1,966
2012 $95,607 $20,293 $115,900 $1,992
2011 $116,600 $24,600 $141,200 $1,986
2010 $117,200 $24,600 $141,800 $1,902
2009 $113,800 $24,600 $138,400 $2,002

Property facts

Year built
1994
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,960 sqft
Lot size
9,583 sqft
ZIP code
55932
City
Elgin
Street
3rd St
Coordinates
44.13384, -92.26039

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,940
Gross rental yield
14.17%
Implied cap rate
9.21%
Trend-extrapolated value

Frequently asked questions

When did 425 3rd St last sell?
425 3rd St most recently sold on Apr 15, 2022 for $249,000.
What is the current tax assessment for 425 3rd St?
The most recent total assessment for 425 3rd St (year 2025) is $226,100 with $3,116 in property tax.
How does 425 3rd St's assessment compare to its last sale price?
The current assessment is 9.2% below the last sale price of $249,000.
When was 425 3rd St built?
425 3rd St was built in 1994.
How does 425 3rd St compare to others on 3rd St?
We track 4 other properties on 3rd St. Browse the list under "Other properties on 3rd St" to compare beds, baths, and sale history.
What are the property facts for 425 3rd St?
425 3rd St is a 3 bed, 2 bath, 1,960 sqft, 9,583 sqft lot single_family.
Is 425 3rd St a flip candidate?
No — 425 3rd St does not appear in our flips dataset.
Is 425 3rd St a tax-appeal candidate?
No — 425 3rd St 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
+9.6%
Implied 1-yr
+38.2%
2026 Q2
$423.2K
2026 Q3
$448.2K
ZIP 55932 — Median Price History + Forecast

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