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240 3rd Ave

Milaca, MN 56353

4 bd 2 ba 1,630 sqft Built 1923 Lot 9,801 sqft multi_family
Most recent sale
$140,000
Aug 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 31, 2022 Sold $140,000 MLS #6226902
Jul 17, 2022 Price changed $174,900 MLS #6226902
Jun 29, 2022 Listed $185,000 MLS #6226902
Feb 13, 2021 Listing removed $139,900 NorthstarMLS
Dec 27, 2020 Listing removed $120,900 NorthstarMLS
Aug 14, 2020 Price changed $120,900 MLS #6091672
Jul 17, 2020 Listed $129,900 MLS #6091672
Jul 16, 2020 Listed $129,900 MLS #5623056
Jan 1, 2020 Listing removed $129,900 NorthstarMLS
Nov 25, 2019 Price changed $129,900 MLS #5331098
Nov 10, 2019 Listed $139,900 MLS #5331098
Oct 21, 2019 Listed $139,900 MLS #6087047
Dec 14, 2009 Sold $53,500 Public Record
May 1, 2009 Sold $53,500 MLS #3658346
Mar 12, 2009 Listed $55,000 MLS #3658346

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $135,000 $32,000 $167,000 $2,302
2025 $120,900 $28,000 $148,900 $2,150
2023 $118,900 $28,000 $146,900 $2,056
2022 $86,900 $28,000 $114,900 $1,986
2021 $86,300 $14,200 $100,500 $1,802
2020 $86,300 $14,200 $100,500 $1,846
2019 $82,000 $14,200 $96,200 $1,640
2018 $72,000 $14,200 $86,200 $1,638
2017 $70,500 $13,700 $84,200 $1,642
2016 $67,700 $13,700 $81,400 $1,772
2015 $75,400 $12,300 $87,700 $1,722
2014 $71,100 $12,300 $83,400 $1,172
2013 $43,500 $12,300 $55,800 $1,326
2012 $44,200 $12,300 $56,500 $1,324
2011 $44,800 $17,200 $62,000 $1,308
2010 $54,300 $17,200 $71,500 $1,362

Property facts

Year built
1923
Property type
multi_family
Stories
1
Beds
4
Baths
2
Living area
1,630 sqft
Lot size
9,801 sqft
ZIP code
56353
City
Milaca
Street
3rd Ave
Coordinates
45.75634, -93.65539

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$840
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 240 3rd Ave last sell?
240 3rd Ave most recently sold on Aug 31, 2022 for $140,000.
What is the current tax assessment for 240 3rd Ave?
The most recent total assessment for 240 3rd Ave (year 2026) is $167,000 with $2,302 in property tax.
How does 240 3rd Ave's assessment compare to its last sale price?
The current assessment is 19.3% above the last sale price of $140,000.
When was 240 3rd Ave built?
240 3rd Ave was built in 1923.
How does 240 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 240 3rd Ave?
240 3rd Ave is a 4 bed, 2 bath, 1,630 sqft, 9,801 sqft lot multi_family.
Is 240 3rd Ave a flip candidate?
No — 240 3rd Ave does not appear in our flips dataset.
Is 240 3rd Ave a tax-appeal candidate?
No — 240 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
+0.2%
Implied 1-yr
+1.0%
2026 Q3
$292.8K
2026 Q4
$293.5K
ZIP 56353 — Median Price History + Forecast

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