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511 3rd St

Pipestone, MN 56164

3 bd 2 ba 2,964 sqft Built 1918 Lot 7,928 sqft single_family
Most recent sale
$164,000
Feb 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 18, 2022 Sold $164,000 MLS #6133268
Dec 6, 2021 Listed $166,500 MLS #6133268
Aug 6, 2019 Sold $141,500 MLS #5244974
Oct 19, 2012 Sold $100,000 Public Record
Aug 31, 2006 Sold $75,500 Public Record
Jun 5, 1993 Sold $38,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $75,933 $1,174
2019 $64,180 $1,080
2018 $58,621 $1,178
2017 $66,360 $1,190
2016 $66,033 $1,090
2015 $66,033 $1,050
2014 $61,525 $2,775 $64,300 $984
2013 $48,564 $2,536 $51,100 $974
2012 $42,894 $2,406 $45,300 $254
2011 $7,709 $2,391 $10,100 $284

Property facts

Year built
1918
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,964 sqft
Lot size
7,928 sqft
ZIP code
56164
City
Pipestone
Street
3rd St
Coordinates
43.99873, -96.32428

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
$984
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 511 3rd St last sell?
511 3rd St most recently sold on Feb 18, 2022 for $164,000.
What is the current tax assessment for 511 3rd St?
The most recent total assessment for 511 3rd St (year 2020) is $75,933 with $1,174 in property tax.
How does 511 3rd St's assessment compare to its last sale price?
The current assessment is 53.7% below the last sale price of $164,000.
When was 511 3rd St built?
511 3rd St was built in 1918.
How does 511 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 511 3rd St?
511 3rd St is a 3 bed, 2 bath, 2,964 sqft, 7,928 sqft lot single_family.
Is 511 3rd St a flip candidate?
No — 511 3rd St does not appear in our flips dataset.
Is 511 3rd St a tax-appeal candidate?
No — 511 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
+0.4%
Implied 1-yr
+1.4%
2026 Q3
$166.1K
2026 Q4
$166.1K
ZIP 56164 — Median Price History + Forecast

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