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221 3rd St

Richmond, MN 56368

3 bd 3 ba 2,090 sqft Built 1949 Lot 12,632 sqft single_family
Most recent sale
$205,000
Aug 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 31, 2022 Sold $205,000 MLS #6189844
Jul 26, 2022 Relisted $205,000 MLS #6189844
May 5, 2022 Listed $205,000 MLS #6189844
Sep 27, 2019 Sold $161,300 MLS #5251314
Jun 17, 2011 Listing removed $129,900 NorthstarMLS
Nov 4, 2009 Listed $138,900 MLS #3853208
Dec 5, 2007 Sold $441,000 Public Record
Apr 12, 2002 Sold $92,000 Public Record
Nov 15, 2001 Sold $120,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $153,400 $2,330
2019 $144,400 $8
2011 $87,100 $28,400 $115,500 $1,806
2010 $87,100 $28,400 $115,500 $2,844

Property facts

Year built
1949
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,090 sqft
Lot size
12,632 sqft
ZIP code
56368
City
Richmond
Street
3rd St
Coordinates
45.45072, -94.52184

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,230
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 221 3rd St last sell?
221 3rd St most recently sold on Aug 31, 2022 for $205,000.
What is the current tax assessment for 221 3rd St?
The most recent total assessment for 221 3rd St (year 2020) is $153,400 with $2,330 in property tax.
How does 221 3rd St's assessment compare to its last sale price?
The current assessment is 25.2% below the last sale price of $205,000.
When was 221 3rd St built?
221 3rd St was built in 1949.
How does 221 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 221 3rd St?
221 3rd St is a 3 bed, 3 bath, 2,090 sqft, 12,632 sqft lot single_family.
Is 221 3rd St a flip candidate?
No — 221 3rd St does not appear in our flips dataset.
Is 221 3rd St a tax-appeal candidate?
No — 221 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
+0.8%
Implied 1-yr
+3.0%
2026 Q3
$392.2K
2026 Q4
$395K
ZIP 56368 — Median Price History + Forecast

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