506 3rd St
Monticello, MN 55362
3 bd 2 ba 1,610 sqft Built 2004 townhomes
Most recent sale
$365,000
May 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 5, 2025 | Sold | $350,000 | Public Record |
| Nov 28, 2024 | Price changed | $359,000 | NorthstarMLS |
| Nov 1, 2024 | Price changed | $369,000 | NorthstarMLS |
| Sep 18, 2024 | Listed | $379,900 | NorthstarMLS |
| May 31, 2022 | Sold | $365,000 | MLS #6176767 |
| Apr 13, 2022 | Listed | $339,900 | MLS #6176767 |
| Nov 18, 2014 | Sold | $255,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $330,481 | $3,510 |
| 2024 | — | — | $330,481 | $3,656 |
| 2023 | — | — | $309,900 | $3,288 |
| 2022 | — | — | $296,700 | $3,426 |
| 2021 | — | — | $290,000 | $3,364 |
| 2020 | — | — | $290,000 | $3,254 |
| 2019 | — | — | $254,700 | $3,050 |
| 2018 | $206,658 | $30,142 | $236,800 | $2,626 |
| 2017 | $194,787 | $28,013 | $222,800 | $2,512 |
| 2016 | — | — | $205,300 | $2,370 |
| 2015 | — | — | $233,400 | $2,728 |
| 2014 | — | — | $211,800 | $2,902 |
| 2013 | — | — | $211,800 | $2,882 |
| 2012 | — | — | $212,800 | $3,144 |
| 2011 | $184,100 | $30,000 | $214,100 | $2,764 |
| 2010 | $205,600 | $31,000 | $236,600 | $2,922 |
| 2008 | $229,800 | $31,000 | $260,800 | $3,142 |
| 2007 | — | — | $260,700 | $2,616 |
Property facts
Year built
2004
Property type
townhomes
Stories
1
Beds
3
Baths
2
Living area
1,610 sqft
Lot size
—
ZIP code
55362
City
Monticello
Street
3rd St
Coordinates
45.30651, -93.80127
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,415
Gross rental yield
7.94%
Implied cap rate
5.16%
Trend-extrapolated value
—
Frequently asked questions
When did 506 3rd St last sell?
506 3rd St most recently sold on May 31, 2022 for $365,000.
What is the current tax assessment for 506 3rd St?
The most recent total assessment for 506 3rd St (year 2025) is $330,481 with $3,510 in property tax.
How does 506 3rd St's assessment compare to its last sale price?
The current assessment is 9.5% below the last sale price of $365,000.
When was 506 3rd St built?
506 3rd St was built in 2004.
How does 506 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 506 3rd St?
506 3rd St is a 3 bed, 2 bath, 1,610 sqft townhomes.
Is 506 3rd St a flip candidate?
No — 506 3rd St does not appear in our flips dataset.
Is 506 3rd St a tax-appeal candidate?
No — 506 3rd St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.9%
Implied 1-yr
+7.7%
2026 Q3
$487.5K
2026 Q4
$487.5K
ZIP 55362 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 3rd St