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1512 Third Ave

Grand Rapids, MN 55744

2 bd 2 ba 1,586 sqft Built 2021 Lot 8,712 sqft townhomes
Most recent sale
$366,350
Apr 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 1, 2022 Sold $366,350 MLS #5730241
Feb 3, 2022 Listed $364,900 MLS #5730241

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $377,586 $23,636 $401,222 $5,472
2025 $313,483 $22,884 $336,367 $4,464
2023 $190,527 $20,099 $210,626 $2,892
2022 $27,900 $21,200 $49,100 $930
2021 $12,600 $12,600 $282
2020 $12,600 $12,600 $294
2019 $12,600 $12,600 $288
2018 $12,100 $12,100 $260
2017 $18,500 $18,500 $568
2016 $18,500 $18,500 $562
2015 $18,500 $18,500 $566
2014 $24,600 $24,600 $696
2013 $15,600 $15,600 $488
2011 $11,600 $11,600 $420
2010 $21,900 $21,900 $724
2009 $22,900 $22,900

Property facts

Year built
2021
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
1,586 sqft
Lot size
8,712 sqft
ZIP code
55744
City
Grand Rapids
Street
Third Ave
Coordinates
47.21537, -93.52364

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
$2,379
Gross rental yield
7.79%
Implied cap rate
5.07%
Trend-extrapolated value

Frequently asked questions

When did 1512 Third Ave last sell?
1512 Third Ave most recently sold on Apr 1, 2022 for $366,350.
What is the current tax assessment for 1512 Third Ave?
The most recent total assessment for 1512 Third Ave (year 2026) is $401,222 with $5,472 in property tax.
How does 1512 Third Ave's assessment compare to its last sale price?
The current assessment is 9.5% above the last sale price of $366,350.
When was 1512 Third Ave built?
1512 Third Ave was built in 2021.
How does 1512 Third Ave compare to others on Third Ave?
We track 4 other properties on Third Ave. Browse the list under "Other properties on Third Ave" to compare beds, baths, and sale history.
What are the property facts for 1512 Third Ave?
1512 Third Ave is a 2 bed, 2 bath, 1,586 sqft, 8,712 sqft lot townhomes.
Is 1512 Third Ave a flip candidate?
No — 1512 Third Ave does not appear in our flips dataset.
Is 1512 Third Ave a tax-appeal candidate?
No — 1512 Third Ave 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
-0.4%
Implied 1-yr
-1.7%
2026 Q3
$273.6K
2026 Q4
$272.4K
ZIP 55744 — Median Price History + Forecast

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