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731 3rd St

Forest Lake, MN 55025

3 bd 2 ba 1,444 sqft Built 1900 Lot 8,712 sqft single_family
Most recent sale
$260,000
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 20, 2022 Sold $260,000 MLS #6177315
Apr 12, 2022 Listed $240,000 MLS #6177315
Apr 21, 2008 Sold $169,950 Public Record
Nov 4, 1994 Sold $86,000 Public Record
Oct 15, 1987 Sold $59,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $196,100 $79,200 $275,300 $3,044
2024 $184,400 $80,300 $264,700 $2,742
2023 $182,500 $75,900 $258,400 $2,660
2022 $138,000 $56,700 $194,700 $2,330
2021 $125,300 $56,100 $181,400 $2,206
2020 $125,300 $56,100 $181,400 $2,150
2019 $114,800 $55,500 $170,300 $2,030
2018 $100,400 $59,200 $159,600 $1,870
2017 $95,000 $58,800 $153,800 $1,672
2016 $88,800 $42,500 $131,300 $1,422
2015 $82,400 $33,000 $115,400 $1,482
2014 $92,800 $33,700 $126,500 $1,398
2013 $77,100 $32,800 $109,900 $1,314
2012 $71,200 $30,300 $101,500 $1,256
2011 $70,300 $40,800 $111,100 $1,260
2010 $91,800 $57,700 $149,500 $1,260
2009 $170,800 $1,274
2007 $173,300 $1,294
2006 $177,200 $1,364

Property facts

Year built
1900
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,444 sqft
Lot size
8,712 sqft
ZIP code
55025
City
Forest Lake
Street
3rd St
Coordinates
45.27153, -92.97912

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,166
Gross rental yield
10.00%
Implied cap rate
6.50%
Trend-extrapolated value

Frequently asked questions

When did 731 3rd St last sell?
731 3rd St most recently sold on May 20, 2022 for $260,000.
What is the current tax assessment for 731 3rd St?
The most recent total assessment for 731 3rd St (year 2025) is $275,300 with $3,044 in property tax.
How does 731 3rd St's assessment compare to its last sale price?
The current assessment is 5.9% above the last sale price of $260,000.
When was 731 3rd St built?
731 3rd St was built in 1900.
How does 731 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 731 3rd St?
731 3rd St is a 3 bed, 2 bath, 1,444 sqft, 8,712 sqft lot single_family.
Is 731 3rd St a flip candidate?
No — 731 3rd St does not appear in our flips dataset.
Is 731 3rd St a tax-appeal candidate?
No — 731 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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