316 2nd Ave SE Aitkin, MN 56431
Estimated payment $2,469/month
About This Home
Be the next chapter in the 120+ year history of this beautiful home! Built in 1899 as a single family home, it was later converted to a catholic school (1939-1968). Later this home was used to house disabled adults and most recently it was restored and intended to be used as a bed and breakfast. This home is packed with original fixtures, built ins and orginal fireplaces. Every corner has history and memories. Electrical and plumbing has been brought up to code. This home offers 8 bedrooms, 5 bathrooms, 4 levels and piles of living rooms! There have been many updates made to the property while still protecting its beautiful history. In addition there is a massive garage/shop with 4 garage doors, power, water and sewer connected. The garage's loft is ready to turn into a large studio apartment. Home sits a large 1 acre lot,
Opportunities
- could be a great single family home
- could be amazing airbnb or bed and breakfast
- could be a great recovery home for adults with disabilities
- could be a great multi family home.
Endless opportunities!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,420
Year Built
- Built in 1899
Parking
- 4 Car Garage
Interior Spaces
- 5,742 Sq Ft Home
- 2-Story Property
- 2 Fireplaces
Bedrooms and Bathrooms
- 8 Bedrooms
Additional Features
- 1.03 Acre Lot
- Boiler Heating System
Community Details
- No Home Owners Association
- First Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 561037101
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,420 | $458,800 | $39,100 | $419,700 |
| 2024 | $5,896 | $423,900 | $39,100 | $384,800 |
| 2023 | $6,444 | $446,000 | $39,100 | $406,900 |
| 2022 | $5,602 | $462,900 | $39,100 | $423,800 |
| 2021 | $4,306 | $345,400 | $31,200 | $314,200 |
| 2020 | $4,242 | $301,800 | $28,300 | $273,500 |
| 2019 | $4,040 | $312,100 | $28,300 | $283,800 |
| 2018 | $3,794 | $305,800 | $28,300 | $277,500 |
| 2017 | $3,616 | $290,600 | $28,300 | $262,300 |
| 2016 | $3,246 | $290,600 | $28,300 | $262,300 |
| 2014 | $3,044 | $269,500 | $27,400 | $242,100 |
| 2012 | $30 | $289,200 | $34,200 | $255,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Price Changed | $370,000 | -12.9% | $64 / Sq Ft |
| 06/24/2025 06/24/25 | For Sale | $425,000 | -- | $74 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $340,000 | -- | |
| Deed | $140,000 | -- |
Source: NorthstarMLS
MLS Number: 6744485
APN: 56-1-037101
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