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406 River St

Monticello, MN 55362

2 bd 2 ba 1,164 sqft Built 1950 Lot 12,589 sqft single_family
Most recent sale
$247,000
Oct 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 13, 2025 Listing removed $1,749 NorthstarMLS
Oct 15, 2025 Price changed for rent $1,749 NorthstarMLS
Oct 13, 2025 Listed for rent $1,799 NorthstarMLS
Jan 23, 2024 Listed for rent $1,880 Rently
Oct 26, 2022 Sold $247,000 MLS #6263661
Sep 22, 2022 Listed $259,900 MLS #6263661
Aug 24, 2022 Sold $215,000 Public Record
Feb 28, 2017 Sold $160,000 MLS #4778293
Nov 17, 2016 Listed $164,000 MLS #4778293

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $172,600 $85,000 $257,600 $2,716
2024 $172,600 $85,000 $257,600 $2,656
2022 $110,800 $50,000 $160,800 $2,612
2020 $133,500 $1,542
2019 $128,800 $1,484
2018 $120,600 $1,274
2017 $77,192 $34,308 $111,500 $1,664
2016 $71,201 $30,299 $101,500 $1,544
2015 $87,700 $1,462
2014 $78,000 $1,488
2013 $66,700 $1,514
2012 $67,700 $1,928
2011 $86,600 $1,318
2010 $75,600 $39,000 $114,600 $1,462
2008 $97,800 $46,000 $143,800 $1,576

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,164 sqft
Lot size
12,589 sqft
ZIP code
55362
City
Monticello
Street
River St
Coordinates
45.30461, -93.78835

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,746
Gross rental yield
8.48%
Implied cap rate
5.51%
Trend-extrapolated value

Frequently asked questions

When did 406 River St last sell?
406 River St most recently sold on Oct 26, 2022 for $247,000.
What is the current tax assessment for 406 River St?
The most recent total assessment for 406 River St (year 2025) is $257,600 with $2,716 in property tax.
How does 406 River St's assessment compare to its last sale price?
The current assessment is 4.3% above the last sale price of $247,000.
When was 406 River St built?
406 River St was built in 1950.
How does 406 River St compare to others on River St?
We track 8 other properties on River St. Browse the list under "Other properties on River St" to compare beds, baths, and sale history.
What are the property facts for 406 River St?
406 River St is a 2 bed, 2 bath, 1,164 sqft, 12,589 sqft lot single_family.
Is 406 River St a flip candidate?
No — 406 River St does not appear in our flips dataset.
Is 406 River St a tax-appeal candidate?
No — 406 River 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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