503 3rd St
Hayfield, MN 55940
3 bd 2 ba 3,052 sqft Built 2020 Lot 12,763 sqft single_family
Most recent sale
$375,000
Mar 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 30, 2022 | Sold | $375,000 | MLS #6131678 |
| Dec 16, 2021 | Price changed | $384,900 | MLS #6131678 |
| Dec 3, 2021 | Listed | $391,900 | MLS #6131678 |
| Feb 1, 2021 | Sold | $334,260 | MLS #5631244 |
| Sep 2, 2020 | Sold | $35,000 | Public Record |
| Jul 28, 2020 | Listed | $331,760 | MLS #5631244 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $300,279 | $32,121 | $332,400 | $5,214 |
| 2023 | $272,263 | $32,637 | $304,900 | $4,730 |
| 2022 | $185,253 | $31,247 | $216,500 | $3,942 |
| 2021 | — | $21,900 | $21,900 | $490 |
| 2020 | — | $21,900 | $21,900 | $538 |
| 2019 | — | $21,900 | $21,900 | $544 |
| 2018 | — | $21,900 | $21,900 | $572 |
| 2017 | — | $10,900 | $10,900 | $256 |
| 2016 | — | $10,900 | $10,900 | $240 |
| 2015 | — | $10,900 | $10,900 | $2,272 |
| 2014 | — | $21,900 | $21,900 | $2,462 |
| 2013 | — | $21,900 | $21,900 | $2,488 |
| 2012 | — | $22,300 | $22,300 | $454 |
| 2011 | — | $20,200 | $20,200 | $2,414 |
| 2010 | — | $20,200 | $20,200 | $2,364 |
Property facts
Year built
2020
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
3,052 sqft
Lot size
12,763 sqft
ZIP code
55940
City
Hayfield
Street
3rd St
Coordinates
43.88731, -92.84015
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,250
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 503 3rd St last sell?
503 3rd St most recently sold on Mar 30, 2022 for $375,000.
What is the current tax assessment for 503 3rd St?
The most recent total assessment for 503 3rd St (year 2025) is $332,400 with $5,214 in property tax.
How does 503 3rd St's assessment compare to its last sale price?
The current assessment is 11.4% below the last sale price of $375,000.
When was 503 3rd St built?
503 3rd St was built in 2020.
How does 503 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 503 3rd St?
503 3rd St is a 3 bed, 2 bath, 3,052 sqft, 12,763 sqft lot single_family.
Is 503 3rd St a flip candidate?
Yes — 503 3rd St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 503 3rd St a tax-appeal candidate?
No — 503 3rd St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.8%
Implied 1-yr
+11.1%
2026 Q3
$360.4K
2026 Q4
$368.9K
ZIP 55940 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 3rd St