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406 3rd St

Monticello, MN 55362

3 bd 2 ba 2,195 sqft Built 1964 Lot 10,890 sqft single_family
Most recent sale
$282,000
Aug 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 30, 2024 Sold $295,000 NorthstarMLS
Sep 8, 2024 Listed $295,000 NorthstarMLS
Aug 1, 2022 Sold $282,000 MLS #6214386
Jun 7, 2022 Listed $269,000 MLS #6214386

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $165,500 $2,452
2019 $158,000 $2,282
2018 $138,000 $2,066
2017 $92,634 $35,466 $128,100 $2,022
2016 $85,866 $31,434 $117,300 $1,230
2015 $103,900 $1,132
2014 $93,900 $1,144
2013 $80,600 $1,156
2012 $81,800 $1,564
2011 $102,400 $1,532
2010 $90,300 $39,000 $129,300 $1,674
2008 $115,100 $45,000 $160,100 $1,794

Property facts

Year built
1964
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,195 sqft
Lot size
10,890 sqft
ZIP code
55362
City
Monticello
Street
3rd St
Coordinates
45.30253, -93.78980

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
$3,293
Gross rental yield
14.01%
Implied cap rate
9.11%
Trend-extrapolated value

Frequently asked questions

When did 406 3rd St last sell?
406 3rd St most recently sold on Aug 1, 2022 for $282,000.
What is the current tax assessment for 406 3rd St?
The most recent total assessment for 406 3rd St (year 2020) is $165,500 with $2,452 in property tax.
How does 406 3rd St's assessment compare to its last sale price?
The current assessment is 41.3% below the last sale price of $282,000.
When was 406 3rd St built?
406 3rd St was built in 1964.
How does 406 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 406 3rd St?
406 3rd St is a 3 bed, 2 bath, 2,195 sqft, 10,890 sqft lot single_family.
Is 406 3rd St a flip candidate?
No — 406 3rd St does not appear in our flips dataset.
Is 406 3rd St a tax-appeal candidate?
No — 406 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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