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12856 Nicollet Ave

Burnsville, MN 55337

2 bd 1 ba 900 sqft Built 1970 townhomes
Most recent sale
$113,200
Aug 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 12, 2022 Sold $113,200 MLS #6231102
Jul 6, 2022 Listed $109,900 MLS #6231102
Jul 10, 2019 Sold $93,000 MLS #5235316
Sep 22, 2015 Sold $65,200 MLS #4628592
Jul 29, 2015 Listed $69,900 MLS #4628592
Dec 13, 2012 Sold $30,000 MLS #4199200
Oct 11, 2012 Listed $31,000 MLS #4199200
Apr 29, 2008 Sold $80,000 Public Record
May 25, 2000 Sold $72,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $89,224 $9,557 $98,781 $1,126
2023 $89,827 $9,951 $99,778 $1,118
2022 $90,300 $10,000 $100,300 $1,080
2021 $86,500 $9,600 $96,100 $1,094
2020 $86,500 $9,600 $96,100 $768
2019 $53,441 $5,893 $59,334 $721
2018 $46,926 $5,214 $52,140 $630
2017 $38,700 $4,320 $43,020 $552
2016 $33,900 $3,780 $37,680 $437
2015 $25,740 $2,880 $28,620 $353
2014 $21,540 $2,400 $23,940 $288
2013 $16,860 $1,860 $18,720 $329
2012 $18,240 $2,040 $20,280 $363
2011 $21,660 $2,400 $24,060 $431
2009 $80,900 $9,000 $89,900 $711
2008 $80,900 $9,000 $89,900 $764
2007 $78,000 $8,700 $86,700 $566

Property facts

Year built
1970
Property type
townhomes
Stories
1
Beds
2
Baths
1
Living area
900 sqft
Lot size
ZIP code
55337
City
Burnsville
Street
Nicollet Ave
Coordinates
44.76902, -93.28131

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
$1,350
Gross rental yield
14.31%
Implied cap rate
9.30%
Trend-extrapolated value

Frequently asked questions

When did 12856 Nicollet Ave last sell?
12856 Nicollet Ave most recently sold on Aug 12, 2022 for $113,200.
What is the current tax assessment for 12856 Nicollet Ave?
The most recent total assessment for 12856 Nicollet Ave (year 2025) is $98,781 with $1,126 in property tax.
How does 12856 Nicollet Ave's assessment compare to its last sale price?
The current assessment is 12.7% below the last sale price of $113,200.
When was 12856 Nicollet Ave built?
12856 Nicollet Ave was built in 1970.
How does 12856 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 12856 Nicollet Ave?
12856 Nicollet Ave is a 2 bed, 1 bath, 900 sqft townhomes.
Is 12856 Nicollet Ave a flip candidate?
No — 12856 Nicollet Ave does not appear in our flips dataset.
Is 12856 Nicollet Ave a tax-appeal candidate?
No — 12856 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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