108 3rd St
Forest Lake, MN 55025
3 bd 1 ba 1,292 sqft Built 1890 Lot 11,456 sqft single_family
Most recent sale
$150,000
May 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 21, 2022 | Sold | $243,000 | NorthstarMLS |
| Sep 9, 2022 | Relisted | $240,000 | NorthstarMLS |
| Jul 5, 2022 | Listed | $240,000 | MLS #6230524 |
| May 11, 2022 | Sold | $150,000 | Public Record |
| Aug 16, 2018 | Sold | $179,900 | Public Record |
| Jul 6, 2018 | Sold | $179,900 | MLS #4965249 |
| Jun 8, 2018 | Listed | $179,900 | MLS #4965249 |
| May 13, 2004 | Sold | $178,100 | Public Record |
| Mar 29, 2002 | Sold | $140,000 | Public Record |
| Jul 31, 1996 | Sold | $92,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $186,700 | $64,400 | $251,100 | $2,780 |
| 2024 | $175,000 | $79,900 | $254,900 | $2,642 |
| 2023 | $165,500 | $69,700 | $235,200 | $2,416 |
| 2022 | $133,500 | $56,000 | $189,500 | $3,314 |
| 2021 | $128,000 | $56,000 | $184,000 | $2,764 |
| 2020 | $128,000 | $56,000 | $184,000 | $3,170 |
| 2019 | $122,000 | $56,000 | $178,000 | $2,188 |
| 2018 | $115,800 | $60,000 | $175,800 | $1,870 |
| 2017 | $108,900 | $47,000 | $155,900 | $1,890 |
| 2016 | $107,700 | $40,000 | $147,700 | $1,712 |
| 2015 | $105,200 | $35,000 | $140,200 | $1,660 |
| 2014 | $107,500 | $35,000 | $142,500 | $2,140 |
| 2013 | $99,800 | $30,200 | $130,000 | $1,560 |
| 2012 | $94,100 | $28,500 | $122,600 | $1,650 |
| 2011 | $93,100 | $55,000 | $148,100 | $1,928 |
| 2010 | $96,300 | $57,900 | $154,200 | $1,420 |
Property facts
Year built
1890
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,292 sqft
Lot size
11,456 sqft
ZIP code
55025
City
Forest Lake
Street
3rd St
Coordinates
45.28065, -92.98762
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 108 3rd St last sell?
108 3rd St most recently sold on May 11, 2022 for $150,000.
What is the current tax assessment for 108 3rd St?
The most recent total assessment for 108 3rd St (year 2025) is $251,100 with $2,780 in property tax.
How does 108 3rd St's assessment compare to its last sale price?
The current assessment is 67.4% above the last sale price of $150,000.
When was 108 3rd St built?
108 3rd St was built in 1890.
How does 108 3rd St compare to others on 3rd St?
We track 8 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 108 3rd St?
108 3rd St is a 3 bed, 1 bath, 1,292 sqft, 11,456 sqft lot single_family.
Is 108 3rd St a flip candidate?
Yes — 108 3rd St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 108 3rd St a tax-appeal candidate?
No — 108 3rd St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.2%
Implied 1-yr
-8.6%
2026 Q3
$405K
2026 Q4
$394.9K
ZIP 55025 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 3rd St