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1606 3rd Ave

Hibbing, MN 55746

2 bd 1 ba 1,523 sqft Built 1930 Lot 3,920 sqft single_family
Most recent sale
$83,500
Apr 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 13, 2022 Sold $83,500 MLS #142923
Mar 7, 2022 Listed $69,500 MLS #142923
Mar 29, 2018 Sold $54,900 MLS #133775
Feb 3, 2018 Price changed $54,900 MLS #133775
Feb 1, 2018 Listed $53,900 MLS #133775
Feb 10, 2016 Sold $46,000 Public Record
Oct 10, 2015 Sold $49,900 MLS #6017058
Jul 8, 2015 Listing removed $49,900 RangeMLS
Jul 7, 2015 Listed $49,900 MLS #127279

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $36,720 $5,280 $42,000 $236
2023 $22,260 $4,740 $27,000 $176
2022 $33,700 $7,900 $41,600 $748
2021 $20,220 $4,740 $24,960 $158
2020 $20,220 $4,740 $24,960 $158
2019 $12,960 $4,800 $17,760 $110
2018 $21,600 $8,000 $29,600 $504
2017 $11,820 $4,800 $16,620 $100
2016 $11,300 $4,800 $16,100 $94
2015 $11,300 $4,800 $16,100 $96
2014 $10,600 $6,300 $16,900 $99
2013 $10,600 $3,600 $14,200 $83
2012 $10,600 $3,600 $14,200 $85
2011 $10,600 $3,600 $14,200 $87
2010 $19,500 $6,000 $25,500 $82
2009 $14,300 $8,400 $22,700 $71
2008 $14,300 $8,400 $22,700 $72
2007 $14,300 $8,400 $22,700 $83

Property facts

Year built
1930
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,523 sqft
Lot size
3,920 sqft
ZIP code
55746
City
Hibbing
Street
3rd Ave
Coordinates
47.43169, -92.93902

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
$501
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1606 3rd Ave last sell?
1606 3rd Ave most recently sold on Apr 13, 2022 for $83,500.
What is the current tax assessment for 1606 3rd Ave?
The most recent total assessment for 1606 3rd Ave (year 2025) is $42,000 with $236 in property tax.
How does 1606 3rd Ave's assessment compare to its last sale price?
The current assessment is 49.7% below the last sale price of $83,500.
When was 1606 3rd Ave built?
1606 3rd Ave was built in 1930.
How does 1606 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 1606 3rd Ave?
1606 3rd Ave is a 2 bed, 1 bath, 1,523 sqft, 3,920 sqft lot single_family.
Is 1606 3rd Ave a flip candidate?
No — 1606 3rd Ave does not appear in our flips dataset.
Is 1606 3rd Ave a tax-appeal candidate?
No — 1606 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
+4.3%
Implied 1-yr
+17.1%
2026 Q3
$220.3K
2026 Q4
$227.7K
ZIP 55746 — Median Price History + Forecast

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