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268 3rd St

Forest Lake, MN 55025

3 bd 1 ba 1,228 sqft Built 1946 Lot 10,280 sqft single_family
Most recent sale
$236,000
Aug 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 24, 2022 Sold $236,000 MLS #6202072
Jul 8, 2022 Relisted $225,000 MLS #6202072
May 27, 2022 Listed $225,000 MLS #6202072
Feb 24, 2015 Sold $118,000 MLS #4499181
Jan 1, 2015 Sold $118,000 Public Record
Oct 31, 2014 Price changed $125,000 MLS #4499181
Aug 12, 2014 Price changed $135,000 MLS #4499181
Jul 18, 2014 Price changed $140,000 MLS #4499181
Jun 27, 2014 Listed $150,000 MLS #4499181

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $169,500 $75,000 $244,500 $2,600
2024 $156,000 $84,000 $240,000 $2,396
2023 $143,200 $66,700 $209,900 $2,102
2022 $105,800 $49,200 $155,000 $1,802
2021 $99,900 $48,800 $148,700 $1,762
2020 $99,900 $48,800 $148,700 $1,756
2019 $97,000 $48,600 $145,600 $1,714
2018 $84,800 $53,200 $138,000 $1,384
2017 $77,900 $38,800 $116,700 $1,354
2016 $73,300 $32,200 $105,500 $1,192
2015 $68,500 $27,500 $96,000 $1,086
2014 $64,500 $27,100 $91,600 $952
2013 $51,600 $21,800 $73,400 $914
2012 $48,800 $20,200 $69,000 $1,140
2011 $56,600 $43,700 $100,300 $1,038
2010 $71,300 $57,900 $129,200 $1,078

Property facts

Year built
1946
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,228 sqft
Lot size
10,280 sqft
ZIP code
55025
City
Forest Lake
Street
3rd St
Coordinates
45.27594, -92.98759

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
$1,842
Gross rental yield
9.37%
Implied cap rate
6.09%
Trend-extrapolated value

Frequently asked questions

When did 268 3rd St last sell?
268 3rd St most recently sold on Aug 24, 2022 for $236,000.
What is the current tax assessment for 268 3rd St?
The most recent total assessment for 268 3rd St (year 2025) is $244,500 with $2,600 in property tax.
How does 268 3rd St's assessment compare to its last sale price?
The current assessment is 3.6% above the last sale price of $236,000.
When was 268 3rd St built?
268 3rd St was built in 1946.
How does 268 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 268 3rd St?
268 3rd St is a 3 bed, 1 bath, 1,228 sqft, 10,280 sqft lot single_family.
Is 268 3rd St a flip candidate?
No — 268 3rd St does not appear in our flips dataset.
Is 268 3rd St a tax-appeal candidate?
No — 268 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
-2.2%
Implied 1-yr
-8.6%
2026 Q3
$405K
2026 Q4
$394.9K
ZIP 55025 — Median Price History + Forecast

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