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12820 Nicollet Ave

Burnsville, MN 55337

1 bd 1 ba 700 sqft Built 1970 condos
Most recent sale
$85,000
Mar 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 20, 2024 Sold $85,000 NorthstarMLS
Oct 23, 2024 Listed $90,000 NorthstarMLS
Sep 19, 2024 Price changed $90,000 NorthstarMLS
Sep 6, 2024 Listed $95,000 NorthstarMLS
Mar 31, 2022 Sold $85,000 MLS #6126739
Nov 11, 2021 Listed $89,900 MLS #6126739
Oct 13, 2021 Sold $47,576 Public Record
Jul 28, 2011 Sold $18,000 MLS #4056049
Jun 6, 2011 Listed $19,500 MLS #4056049
Oct 6, 2005 Sold $79,000 Public Record
Jul 14, 2004 Sold $85,000 Public Record
Feb 12, 1999 Sold $42,250 Public Record
May 22, 1998 Sold $26,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $47,700 $5,100 $52,800 $634
2023 $76,000 $8,500 $84,500 $924
2022 $67,300 $7,500 $74,800 $806
2021 $64,500 $7,200 $71,700 $816
2020 $64,500 $7,200 $71,700 $780
2019 $59,500 $6,600 $66,100 $516
2018 $33,000 $3,660 $36,660 $470
2017 $28,860 $3,240 $32,100 $411
2016 $25,260 $2,820 $28,080 $327
2015 $19,200 $2,160 $21,360 $263
2014 $16,020 $1,800 $17,820 $214
2013 $12,540 $1,380 $13,920 $245
2012 $13,560 $1,500 $15,060 $270
2011 $16,140 $1,800 $17,940 $475
2009 $62,500 $7,000 $69,500 $497
2008 $62,500 $7,000 $69,500 $520
2007 $57,300 $6,300 $63,600 $376

Property facts

Year built
1970
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
700 sqft
Lot size
ZIP code
55337
City
Burnsville
Street
Nicollet Ave
Coordinates
44.76987, -93.27981

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
$510
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 12820 Nicollet Ave last sell?
12820 Nicollet Ave most recently sold on Mar 31, 2022 for $85,000.
What is the current tax assessment for 12820 Nicollet Ave?
The most recent total assessment for 12820 Nicollet Ave (year 2025) is $52,800 with $634 in property tax.
How does 12820 Nicollet Ave's assessment compare to its last sale price?
The current assessment is 37.9% below the last sale price of $85,000.
When was 12820 Nicollet Ave built?
12820 Nicollet Ave was built in 1970.
How does 12820 Nicollet Ave compare to others on Nicollet Ave?
We track 8 other properties on Nicollet Ave. Browse the list under "Other properties on Nicollet Ave" to compare beds, baths, and sale history.
What are the property facts for 12820 Nicollet Ave?
12820 Nicollet Ave is a 1 bed, 1 bath, 700 sqft condos.
Is 12820 Nicollet Ave a flip candidate?
Yes — 12820 Nicollet Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 12820 Nicollet Ave a tax-appeal candidate?
No — 12820 Nicollet Ave 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
+2.9%
Implied 1-yr
+11.5%
2026 Q3
$383.9K
2026 Q4
$393.2K
ZIP 55337 — Median Price History + Forecast

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