331 E 3rd St Monticello, MN 55362
Estimated payment $1,762/month
Highlights
- Forced Air Heating System
- Laundry Facilities
- 4-minute walk to Fourth Street Park
- Pinewood Elementary School Rated A-
About This Home
Great investment opportunity just three blocks from downtown Monticello! Rent both units or live in one and rent the other! This well maintained up-down duplex has in each unit a kitchen, living room and full bath. Upstairs unit has 2 bedrooms, main level unit has 1 bedroom. Shared laundry in basement. Enjoy the large, flat, usable yard with recent tree and yard work and addition of a shed. New roof, furnace, upstairs carpet and dishwasher in 2024. Other recent updates include water heater, washer, dryer, laundry sink, main level deck. Easy access to 25, 94, and 10. Blocks away from shopping, food, parks and the Mississippi River!
Listing Agent
Coldwell Banker Realty Brokerage Phone: 6127023526 Listed on: 04/25/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,930
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 163x98
- Few Trees
Home Design
- Duplex
- Fiberglass Siding
Interior Spaces
- 1,910 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Shared Basement
- Basement Storage
Utilities
- Forced Air Heating System
Listing and Financial Details
- The owner pays for electricity, gas, grounds care, insurance, repairs, sewer, snow removal, taxes, trash collection, water
- Assessor Parcel Number 155040003030
Community Details
Overview
- 2 Units
- Lower Monti Blocks A, B, C & D Subdivision
Amenities
- Laundry Facilities
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 | $2,104 | $212,200 | $95,000 | $117,200 |
| 2024 | $3,646 | $206,500 | $90,000 | $116,500 |
| 2023 | $3,574 | $217,100 | $90,000 | $127,100 |
| 2022 | $3,316 | $198,200 | $85,000 | $113,200 |
| 2021 | $3,128 | $160,700 | $60,000 | $100,700 |
| 2020 | $3,156 | $144,300 | $50,000 | $94,300 |
| 2019 | $2,972 | $142,900 | $0 | $0 |
| 2018 | $2,766 | $124,900 | $0 | $0 |
| 2017 | $2,808 | $116,900 | $0 | $0 |
| 2016 | $1,392 | $0 | $0 | $0 |
| 2015 | $1,326 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/25/2026 04/25/26 | For Sale | $299,900 | +15.3% | $157 / Sq Ft | |
| 09/19/2024 09/19/24 | Sold | $260,000 | -3.3% | $136 / Sq Ft | View Prior Sale |
| 08/29/2024 08/29/24 | Pending | -- | -- | -- | |
| 08/09/2024 08/09/24 | For Sale | $269,000 | 0.0% | $141 / Sq Ft | |
| 08/03/2024 08/03/24 | Price Changed | $269,000 | -- | $141 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $260,000 | -- | |
| Warranty Deed | $35,000 | -- | |
| Warranty Deed | $55,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $257,500 | New Conventional |
Source: NorthstarMLS
MLS Number: 7062021
APN: 155-040-003030
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Ask me questions while you tour the home.