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925 3rd Ave

Hayfield, MN 55940

3 bd 3 ba 1,558 sqft Built 2021 Lot 7,841 sqft townhomes
Most recent sale
$262,400
May 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 13, 2022 Sold $262,400 MLS #6105782
Feb 19, 2022 Price changed $262,400 MLS #6105782
Sep 28, 2021 Listed $259,900 MLS #6105782
Feb 13, 2021 Listing removed $11,700 NorthstarMLS
Feb 9, 2019 Listing removed $11,700 NorthstarMLS
Dec 17, 2018 Relisted $11,700 MLS #5032412
Dec 10, 2018 Listing removed $11,700 GreaterLakes
Jun 19, 2018 Price changed $11,700 MLS #4085378
Feb 8, 2018 Listed $11,000 MLS #4085378

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $218,666 $16,834 $235,500 $3,724
2023 $226,013 $17,487 $243,500 $3,796
2022 $18,500 $18,500 $406
2021 $11,800 $11,800 $264

Property facts

Year built
2021
Property type
townhomes
Stories
1
Beds
3
Baths
3
Living area
1,558 sqft
Lot size
7,841 sqft
ZIP code
55940
City
Hayfield
Street
3rd Ave
Coordinates
43.87984, -92.84321

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
$2,337
Gross rental yield
10.69%
Implied cap rate
6.95%
Trend-extrapolated value

Frequently asked questions

When did 925 3rd Ave last sell?
925 3rd Ave most recently sold on May 13, 2022 for $262,400.
What is the current tax assessment for 925 3rd Ave?
The most recent total assessment for 925 3rd Ave (year 2025) is $235,500 with $3,724 in property tax.
How does 925 3rd Ave's assessment compare to its last sale price?
The current assessment is 10.3% below the last sale price of $262,400.
When was 925 3rd Ave built?
925 3rd Ave was built in 2021.
How does 925 3rd Ave compare to others on 3rd Ave?
We track 8 other properties on 3rd Ave. Browse the list under "Other properties on 3rd Ave" to compare beds, baths, and sale history.
What are the property facts for 925 3rd Ave?
925 3rd Ave is a 3 bed, 3 bath, 1,558 sqft, 7,841 sqft lot townhomes.
Is 925 3rd Ave a flip candidate?
No — 925 3rd Ave does not appear in our flips dataset.
Is 925 3rd Ave a tax-appeal candidate?
No — 925 3rd 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
+2.8%
Implied 1-yr
+11.1%
2026 Q3
$360.4K
2026 Q4
$368.9K
ZIP 55940 — Median Price History + Forecast

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