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517 3rd St

Litchfield, MN 55355

4 bd 2 ba 2,560 sqft Built 1965 Lot 9,583 sqft single_family
Most recent sale
$215,000
Feb 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 25, 2022 Sold $215,000 MLS #6144719
Jan 27, 2022 Listed $210,000 MLS #6144719
May 4, 2021 Sold $190,000 MLS #5739647
Apr 15, 2021 Listed $189,900 MLS #5739647

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $117,758 $1,748
2019 $104,351 $1,430
2018 $98,465 $1,426
2017 $99,555 $1,190
2016 $79,717 $886
2015 $54,429 $850
2014 $53,000 $53,000 $792
2013 $53,900 $53,900 $892
2012 $57,000 $57,000 $996
2011 $65,100 $65,100 $1,004
2010 $75,200 $18,500 $93,700 $982
2009 $75,200 $18,500 $93,700 $908

Property facts

Year built
1965
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,560 sqft
Lot size
9,583 sqft
ZIP code
55355
City
Litchfield
Street
3rd St
Coordinates
45.12910, -94.51849

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
$1,290
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 517 3rd St last sell?
517 3rd St most recently sold on Feb 25, 2022 for $215,000.
What is the current tax assessment for 517 3rd St?
The most recent total assessment for 517 3rd St (year 2020) is $117,758 with $1,748 in property tax.
How does 517 3rd St's assessment compare to its last sale price?
The current assessment is 45.2% below the last sale price of $215,000.
When was 517 3rd St built?
517 3rd St was built in 1965.
How does 517 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 517 3rd St?
517 3rd St is a 4 bed, 2 bath, 2,560 sqft, 9,583 sqft lot single_family.
Is 517 3rd St a flip candidate?
No — 517 3rd St does not appear in our flips dataset.
Is 517 3rd St a tax-appeal candidate?
No — 517 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
-2.3%
Implied 1-yr
-9.0%
2026 Q3
$189.1K
2026 Q4
$184.1K
ZIP 55355 — Median Price History + Forecast

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