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518 3rd St

Monticello, MN 55362

2 bd 2 ba 1,610 sqft Built 2005 Lot 3,093 sqft townhomes
Most recent sale
$313,000
Apr 13, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 28, 2022 Sold $389,500 NorthstarMLS
Sep 28, 2022 Relisted $389,500 MLS #6261226
Sep 15, 2022 Listed $389,500 MLS #6261226
Apr 13, 2021 Sold $313,000 Public Record
Apr 21, 2018 Sold $295,000 MLS #4919302
Mar 23, 2018 Listed $285,000 MLS #4919302
May 15, 2006 Sold $282,588 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $323,000 $45,000 $368,000 $3,880
2024 $323,000 $45,000 $368,000 $3,690
2020 $290,000 $3,254
2019 $278,500 $3,050
2018 $254,700 $2,626
2017 $206,658 $30,142 $236,800 $2,512
2016 $194,787 $28,013 $222,800 $2,370
2015 $205,300 $2,728
2014 $233,400 $2,902
2013 $211,800 $2,882
2012 $211,800 $3,176
2011 $215,000 $2,790
2010 $186,000 $30,000 $216,000 $2,950
2008 $229,800 $31,000 $260,800 $3,142

Property facts

Year built
2005
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
1,610 sqft
Lot size
3,093 sqft
ZIP code
55362
City
Monticello
Street
3rd St
Coordinates
45.30668, -93.80167

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
$2,415
Gross rental yield
9.26%
Implied cap rate
6.02%
Trend-extrapolated value

Frequently asked questions

When did 518 3rd St last sell?
518 3rd St most recently sold on Apr 13, 2021 for $313,000.
What is the current tax assessment for 518 3rd St?
The most recent total assessment for 518 3rd St (year 2025) is $368,000 with $3,880 in property tax.
How does 518 3rd St's assessment compare to its last sale price?
The current assessment is 17.6% above the last sale price of $313,000.
When was 518 3rd St built?
518 3rd St was built in 2005.
How does 518 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 518 3rd St?
518 3rd St is a 2 bed, 2 bath, 1,610 sqft, 3,093 sqft lot townhomes.
Is 518 3rd St a flip candidate?
Yes — 518 3rd St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 518 3rd St a tax-appeal candidate?
No — 518 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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