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12848 Nicollet Ave

Burnsville, MN 55337

1 bd 1 ba 650 sqft Built 1970 condos
Most recent sale
$85,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $85,000 MLS #6156684
Feb 24, 2022 Listed $94,900 MLS #6156684
Jan 1, 2021 Listing removed $84,900 NorthstarMLS
Mar 11, 2019 Listing removed $84,900 NorthstarMLS
Oct 30, 2018 Listing removed $84,900 GreaterLakes
Oct 9, 2018 Listed $84,900 MLS #5012089
Oct 8, 2018 Listed $84,900 MLS #5012089
Jan 20, 2016 Listing removed $55,000 NorthstarMLS
Jan 6, 2016 Listed $55,000 MLS #4669900
Jun 13, 2011 Listing removed $33,000 NorthstarMLS
Oct 20, 2009 Sold $26,000 MLS #3822692
Aug 10, 2009 Listed $29,900 MLS #3822692
Aug 3, 2009 Listed $33,000 MLS #3819509
Mar 24, 2009 Listed $33,000 MLS #3662642
Jan 14, 2008 Sold $92,000 Public Record
Nov 14, 2003 Sold $88,000 Public Record
Apr 1, 1998 Sold $24,750 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $47,700 $5,100 $52,800 $634
2023 $49,346 $5,519 $54,865 $654
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 $760
2018 $55,000 $6,100 $61,100 $686
2017 $48,100 $5,400 $53,500 $612
2016 $42,100 $4,700 $46,800 $507
2015 $32,000 $3,600 $35,600 $387
2014 $26,700 $3,000 $29,700 $316
2013 $20,900 $2,300 $23,200 $358
2012 $22,600 $2,500 $25,100 $393
2011 $26,900 $3,000 $29,900 $475
2009 $62,500 $7,000 $69,500 $775
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
650 sqft
Lot size
ZIP code
55337
City
Burnsville
Street
Nicollet Ave
Coordinates
44.77003, -93.28029

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
$975
Gross rental yield
13.76%
Implied cap rate
8.95%
Trend-extrapolated value

Frequently asked questions

When did 12848 Nicollet Ave last sell?
12848 Nicollet Ave most recently sold on Apr 29, 2022 for $85,000.
What is the current tax assessment for 12848 Nicollet Ave?
The most recent total assessment for 12848 Nicollet Ave (year 2025) is $52,800 with $634 in property tax.
How does 12848 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 12848 Nicollet Ave built?
12848 Nicollet Ave was built in 1970.
How does 12848 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 12848 Nicollet Ave?
12848 Nicollet Ave is a 1 bed, 1 bath, 650 sqft condos.
Is 12848 Nicollet Ave a flip candidate?
No — 12848 Nicollet Ave does not appear in our flips dataset.
Is 12848 Nicollet Ave a tax-appeal candidate?
No — 12848 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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