12940 Nicollet Ave
Burnsville, MN 55337
1 bd 1 ba 675 sqft Built 1970 condos
Most recent sale
$93,400
Apr 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 23, 2024 | Sold | $95,000 | NorthstarMLS |
| Feb 27, 2024 | Listed | $100,000 | NorthstarMLS |
| Apr 19, 2022 | Sold | $93,400 | MLS #6157419 |
| Mar 14, 2022 | Listed | $93,400 | MLS #6157419 |
| Mar 25, 2019 | Sold | $83,600 | Public Record |
| Feb 2, 2019 | Sold | $83,600 | MLS #5136812 |
| Jan 17, 2019 | Listed | $84,900 | MLS #5136812 |
| Jul 11, 2017 | Sold | $70,000 | MLS #4825327 |
| Jun 22, 2017 | Relisted | $72,500 | MLS #4825327 |
| May 31, 2017 | Listing removed | $72,500 | NorthstarMLS |
| May 4, 2017 | Listed | $72,500 | MLS #4825327 |
| Mar 28, 2013 | Sold | $35,111 | MLS #4339918 |
| Feb 25, 2013 | Listed | $34,900 | MLS #4339918 |
| Aug 12, 2004 | Sold | $90,000 | Public Record |
| Oct 25, 2002 | Sold | $46,400 | Public Record |
| Aug 13, 1997 | Sold | $24,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $45,360 | $4,740 | $50,100 | $626 |
| 2023 | $45,026 | $4,934 | $49,960 | $622 |
| 2022 | $38,280 | $4,200 | $42,480 | $512 |
| 2021 | $36,660 | $4,020 | $40,680 | $520 |
| 2020 | $33,840 | $3,720 | $37,560 | $502 |
| 2019 | $31,260 | $3,420 | $34,680 | $487 |
| 2018 | $27,360 | $3,000 | $30,360 | $445 |
| 2017 | $23,940 | $2,640 | $26,580 | $389 |
| 2016 | $18,180 | $1,980 | $20,160 | $308 |
| 2015 | $15,180 | $1,680 | $16,860 | $249 |
| 2014 | $11,880 | $1,320 | $13,200 | $203 |
| 2013 | $12,900 | $1,440 | $14,340 | $232 |
| 2012 | $15,300 | $1,680 | $16,980 | $256 |
| 2011 | $32,000 | $3,600 | $35,600 | $309 |
| 2009 | $60,700 | $6,800 | $67,500 | $483 |
| 2008 | $64,000 | $7,100 | $71,100 | $507 |
| 2007 | $58,900 | $6,500 | $65,400 | $387 |
Property facts
Year built
1970
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
675 sqft
Lot size
—
ZIP code
55337
City
Burnsville
Street
Nicollet Ave
Coordinates
44.76869, -93.27880
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,013
Gross rental yield
13.01%
Implied cap rate
8.46%
Trend-extrapolated value
—
Frequently asked questions
When did 12940 Nicollet Ave last sell?
12940 Nicollet Ave most recently sold on Apr 19, 2022 for $93,400.
What is the current tax assessment for 12940 Nicollet Ave?
The most recent total assessment for 12940 Nicollet Ave (year 2025) is $50,100 with $626 in property tax.
How does 12940 Nicollet Ave's assessment compare to its last sale price?
The current assessment is 46.4% below the last sale price of $93,400.
When was 12940 Nicollet Ave built?
12940 Nicollet Ave was built in 1970.
How does 12940 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 12940 Nicollet Ave?
12940 Nicollet Ave is a 1 bed, 1 bath, 675 sqft condos.
Is 12940 Nicollet Ave a flip candidate?
No — 12940 Nicollet Ave does not appear in our flips dataset.
Is 12940 Nicollet Ave a tax-appeal candidate?
No — 12940 Nicollet Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.9%
Implied 1-yr
+11.5%
2026 Q3
$383.9K
2026 Q4
$393.2K
ZIP 55337 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Nicollet Ave