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408 3rd St

Medford, MN 55049

3 bd 2 ba 2,008 sqft Built 1905 Lot 16,509 sqft single_family
Most recent sale
$235,000
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 22, 2022 Sold $235,000 MLS #6219020
Jun 17, 2022 Listed $224,500 MLS #6219020

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $129,966 $2,162
2019 $123,753 $2,386
2018 $137,051 $2,116
2017 $118,739 $2,026
2016 $111,763 $2,052
2015 $108,820 $1,766
2014 $95,200 $1,414
2013 $65,000 $1,470
2012 $69,100 $1,692
2011 $82,800 $1,720
2010 $94,000 $16,100 $110,100 $1,730
2009 $107,500 $16,500 $124,000 $1,892
2006 $118,800 $18,300 $137,100 $1,882

Property facts

Year built
1905
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,008 sqft
Lot size
16,509 sqft
ZIP code
55049
City
Medford
Street
3rd St
Coordinates
44.17640, -93.24264

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
$1,410
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 408 3rd St last sell?
408 3rd St most recently sold on Jul 22, 2022 for $235,000.
What is the current tax assessment for 408 3rd St?
The most recent total assessment for 408 3rd St (year 2020) is $129,966 with $2,162 in property tax.
How does 408 3rd St's assessment compare to its last sale price?
The current assessment is 44.7% below the last sale price of $235,000.
When was 408 3rd St built?
408 3rd St was built in 1905.
How does 408 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 408 3rd St?
408 3rd St is a 3 bed, 2 bath, 2,008 sqft, 16,509 sqft lot single_family.
Is 408 3rd St a flip candidate?
No — 408 3rd St does not appear in our flips dataset.
Is 408 3rd St a tax-appeal candidate?
No — 408 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
+7.1%
Implied 1-yr
+28.6%
2023 Q4
$506.3K
2024 Q1
$506.3K
ZIP 55049 — Median Price History + Forecast

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