Pennington County property record for 323 1st St E, Thief River Falls, MN 56701 · Last verified July 2026
| Property Type | Commercial > Retail |
|---|---|
| Year Built | Built 1920 |
| Square Footage | 2,239 sqft Total Area |
| Last Sale | $210,000 (2025) |
| Tax Bill | $2,168.00 (2026) |
Source: Pennington County records · APN R-25.00625740
Assessment roll updated April 23, 2026 · Last verified July 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 15808 STATE HIGHWAY 1 NE, THIEF RIVER FALLS, MN 56701-8561 |
| Owner Type | Owner is a Company |
| Date | Document |
|---|---|
| Nov 07, 2022 | Warranty Deed, Transfer · Commercial Mortgage BORDER BANK |
| Apr 11, 2022 | Deed of Trust, Mortgage · Line of Credit BORDER BANK |
| Apr 11, 2022 | Deed of Trust, Mortgage · Line of Credit BORDER BANK |
| Mar 21, 2017 | Warranty Deed, Transfer · Line of Credit BORDER STATE BANK |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Jun 06, 2025 · Amount on Record |
| Deed Sale | Jun 06, 2025 · Amount on Record |
| Prior Sale | Nov 07, 2022 · Amount on Record |
| Deed Doc Number | 20254437 |
| Record Refreshed | Sep 20, 2026 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | PENNINGTON MN |
| Recording Date | Nov 07, 2022 |
| Property Address | 323 1ST ST E, THIEF RIVER FALLS, MN 56701-2938 |
| Document Number | 0000004303 |
| Instrument Date | Oct 31, 2022 |
| Instrument | 4303 |
| Transaction Type | Transfer |
| Record Updated | Jan 02, 2023 |
| Amount | Amount Recorded |
|---|---|
| Downpayment | Downpayment on File |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $627.00 |
| Amount Accuracy | Rounded Values by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 10945 200TH ST SE, RED LAKE FALLS, MN 56750-8801 |
| Document Number | 0000004304 |
|---|---|
| Date | Nov 07, 2022 |
| Instrument | 4304 |
| Name | BORDER BANK |
|---|---|
| Type | Bank |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 60 Months |
| Due | Oct 31, 2027 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | PENNINGTON MN |
| Property Address | 323 1ST ST E, THIEF RIVER FALLS, MN 56701-2938 |
| Transaction Type | Mortgage |
| Record Updated | May 19, 2022 |
| Name | Verified Name |
|---|---|
| Address | 28438 180TH AVE NW, NEWFOLDEN, MN 56738-9221 |
| Document Number | 0000004285 |
|---|---|
| Date | Apr 11, 2022 |
| Instrument | 4285 |
| Name | BORDER BANK |
|---|---|
| Type | Bank |
| Address | THIEF RIVER FALLS, MN 56701 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Term | 60 Months |
| Due | Apr 07, 2027 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | PENNINGTON MN |
| Property Address | 323 1ST ST E, THIEF RIVER FALLS, MN 56701-2938 |
| Transaction Type | Mortgage |
| Record Updated | May 19, 2022 |
| Name | Verified Name |
|---|---|
| Address | 28438 180TH AVE NW, NEWFOLDEN, MN 56738-9221 |
| Document Number | 0000222819 |
|---|---|
| Date | Apr 11, 2022 |
| Instrument | 222819 |
| Name | BORDER BANK |
|---|---|
| Type | Bank |
| Address | THIEF RIVER FALLS, MN 56701 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Term | 60 Months |
| Due | Apr 07, 2027 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | PENNINGTON MN |
| Recording Date | Mar 21, 2017 |
| Property Address | 323 1ST ST E, THIEF RIVER FALLS, MN 56701-2938 |
| Document Number | 003985 |
| Instrument Date | Mar 17, 2017 |
| Instrument | 003985 |
| Transaction Type | Transfer |
| Record Updated | May 21, 2021 |
| Title Company | NOT AVAILABLE, TORRENS TITLE 1132 |
| Amount | Amount Recorded |
|---|---|
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $85.80 |
| Amount Accuracy | Rounded Values by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Joint Tenants |
| Address | 102 SHERWOOD AVE S, THIEF RIVER FALLS, MN 56701-3404 |
| Document Number | 003986 |
|---|---|
| Date | Mar 21, 2017 |
| Instrument | 003986 |
| Name | BORDER STATE BANK |
|---|---|
| Type | Bank |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Term | 60 Months |
| Due | Mar 10, 2022 |
Source: Pennington County records · Assessment roll updated April 23, 2026 · Last verified July 2026
| Type | Name |
|---|---|
| State | Minnesota |
| County | Pennington County |
| Municipality | Thief River Falls City |
| Unified School District | Thief River Falls School District (PK - 12) |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $2,168.00 | ||
| 2025 | $2,168.00 (+124.43%) | $91,100 (+107.52%) Land $25,400 Building $65,700 | $91,100 (+107.52%) Land $25,400 Building $65,700 |
| 2022 | $966.00 | $43,900 | $43,900 |
Source: FEMA National Flood Hazard Layer, Pennington County (27113C), updated October 8, 2025 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified: October 2026
| FEMA Flood Zone | Zone AE |
|---|---|
| Flood Hazard | High |
| 100-Year Floodplain | Yes 1% annual chance |
| Special Flood Hazard Area | Yes |
| Flood Insurance Requirement | Required (federally backed mortgages) |
| Floodway | Yes |
| Base Flood Elevation | Varies along the reach; see FIRM |
| Wildfire Risk | Not rated no burnable land in reach |
|---|---|
| Wildfire Likelihood | Negligible |
| Exposure | None beyond ember reach |
Values are read at the parcel center point; lenders make the official flood determination.
| Primary APN | R-25.00625740 |
|---|---|
| Alternative APNs |
|
| Building Area | 2,239 sqft Total Area |
|---|
| Year Built | Built 1920 |
|---|---|
| Effective Year Built | Effective 1920 |
| Account Number | 18641 |
|---|---|
| Street Address | 323 1ST ST E |
| City | THIEF RIVER FALLS |
| State | MN |
| Zip | 56701-2938 |
| Property Usage | Commercial Property Usage |
| Type | Commercial > Retail |
| Legal Description | RED LAKE RAPIDS ADDITION KNOX REARRANGEMENT PART OF LOTS 35, 36 & 37 & RESERVE & VAC ST W OF HWY BLK 24 |
| Legal Subdivision | RED LAKE RAPIDS ADDITION |
| Legal Block | 24 |
| Legal Lot Number | 35-37 |
| Jurisdiction | PENNINGTON MN |
| Minor Civil Division | THIEF RIVER FALLS |
| Census Blockgroup | 3 |
| Census Block | 3026 |
| Census Tract | 90500 |
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