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312 3rd St

Monticello, MN 55362

5 bd 2 ba 1,856 sqft Built 1870 Lot 10,890 sqft multi_family
Most recent sale
$225,000
Sep 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 11, 2023 Sold $235,000 NorthstarMLS
Sep 7, 2022 Sold $225,000 MLS #6243091
Aug 4, 2022 Listed $239,900 MLS #6243091
Oct 24, 2017 Sold $99,900 MLS #4862937
Aug 7, 2017 Listed $99,900 MLS #4862937
Nov 16, 2005 Sold $130,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $123,800 $85,000 $208,800 $2,662
2024 $123,800 $85,000 $208,800 $2,042
2022 $67,600 $60,000 $127,600 $1,776
2021 $65,300 $50,000 $115,300 $1,606
2020 $65,300 $50,000 $115,300 $1,586
2019 $63,100 $50,000 $113,100 $1,558
2018 $64,100 $45,000 $109,100 $1,550
2017 $75,600 $42,000 $117,600 $1,470
2016 $71,800 $38,000 $109,800 $1,296
2015 $63,900 $30,000 $93,900 $1,278
2014 $60,900 $30,000 $90,900 $1,398
2013 $54,900 $30,000 $84,900 $1,678
2012 $53,100 $30,000 $83,100 $1,792
2011 $59,500 $39,000 $98,500 $1,742
2010 $60,700 $39,000 $99,700 $1,584
2008 $79,200 $44,000 $123,200 $2,366

Property facts

Year built
1870
Property type
multi_family
Stories
2
Beds
5
Baths
2
Living area
1,856 sqft
Lot size
10,890 sqft
ZIP code
55362
City
Monticello
Street
3rd St
Coordinates
45.30558, -93.79872

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
$1,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 312 3rd St last sell?
312 3rd St most recently sold on Sep 7, 2022 for $225,000.
What is the current tax assessment for 312 3rd St?
The most recent total assessment for 312 3rd St (year 2025) is $208,800 with $2,662 in property tax.
How does 312 3rd St's assessment compare to its last sale price?
The current assessment is 7.2% below the last sale price of $225,000.
When was 312 3rd St built?
312 3rd St was built in 1870.
How does 312 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 312 3rd St?
312 3rd St is a 5 bed, 2 bath, 1,856 sqft, 10,890 sqft lot multi_family.
Is 312 3rd St a flip candidate?
No — 312 3rd St does not appear in our flips dataset.
Is 312 3rd St a tax-appeal candidate?
No — 312 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
+1.9%
Implied 1-yr
+7.7%
2026 Q3
$487.5K
2026 Q4
$487.5K
ZIP 55362 — Median Price History + Forecast

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