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868 3rd St

Forest Lake, MN 55025

3 bd 2 ba 1,660 sqft Built 1921 Lot 13,112 sqft single_family
Most recent sale
$301,000
Mar 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 8, 2024 Sold $320,000 NorthstarMLS
Sep 1, 2024 Listed $310,000 NorthstarMLS
Aug 14, 2024 Price changed for rent $2,250 AppfolioUnits
Jun 6, 2024 Listed for rent $2,400 AppfolioUnits
Jun 3, 2023 Listed for rent $2,300 AppfolioUnits
Mar 24, 2022 Sold $301,000 MLS #6149290
Feb 4, 2022 Listed $280,000 MLS #6149290
Oct 22, 2020 Sold $241,750 MLS #5653738
Sep 29, 2020 Relisted $230,000 MLS #5653738
Sep 21, 2020 Listing removed $230,000 NorthstarMLS
Sep 18, 2020 Listed $230,000 MLS #5653738
Jul 8, 2011 Sold $55,000 MLS #4046509
May 13, 2011 Listed $65,000 MLS #4046509
May 30, 2002 Sold $127,000 Public Record
Jan 12, 1995 Sold $64,500 Public Record
Jun 2, 1994 Sold $64,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $190,400 $79,000 $269,400 $2,890
2024 $179,600 $84,000 $263,600 $2,648
2023 $153,500 $72,100 $225,600 $2,256
2022 $113,900 $53,500 $167,400 $1,942
2021 $80,200 $46,300 $126,500 $1,508
2020 $80,200 $46,300 $126,500 $1,632
2019 $76,400 $62,000 $138,400 $1,500
2018 $74,200 $50,000 $124,200 $1,352
2017 $66,500 $50,000 $116,500 $1,328
2016 $66,200 $40,000 $106,200 $1,164
2015 $61,800 $35,000 $96,800 $1,100
2014 $60,900 $35,000 $95,900 $1,136
2013 $56,500 $35,300 $91,800 $1,452
2012 $53,700 $33,300 $87,000 $1,172
2011 $52,000 $55,000 $107,000 $1,470
2010 $55,100 $61,800 $116,900 $1,440

Property facts

Year built
1921
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,660 sqft
Lot size
13,112 sqft
ZIP code
55025
City
Forest Lake
Street
3rd St
Coordinates
45.27018, -92.97996

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,490
Gross rental yield
9.93%
Implied cap rate
6.45%
Trend-extrapolated value

Frequently asked questions

When did 868 3rd St last sell?
868 3rd St most recently sold on Mar 24, 2022 for $301,000.
What is the current tax assessment for 868 3rd St?
The most recent total assessment for 868 3rd St (year 2025) is $269,400 with $2,890 in property tax.
How does 868 3rd St's assessment compare to its last sale price?
The current assessment is 10.5% below the last sale price of $301,000.
When was 868 3rd St built?
868 3rd St was built in 1921.
How does 868 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 868 3rd St?
868 3rd St is a 3 bed, 2 bath, 1,660 sqft, 13,112 sqft lot single_family.
Is 868 3rd St a flip candidate?
Yes — 868 3rd St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 868 3rd St a tax-appeal candidate?
No — 868 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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