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309 Norman Ln

Center City, MN 55012

3 bd 2 ba 2,500 sqft Built 1972 Lot 21,432 sqft single_family
Most recent sale
$594,900
Dec 2, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 2, 2021 Sold $594,900 MLS #6073885
Nov 12, 2021 Price changed $597,900 MLS #6073885
Nov 5, 2021 Relisted $614,900 MLS #6073885
Nov 4, 2021 Listing removed $614,900 NorthstarMLS
Nov 2, 2021 Listing removed $614,900 NorthstarMLS
Oct 29, 2021 Price changed $614,900 MLS #6073885
Aug 26, 2021 Listed $599,900 MLS #6073885
Sep 17, 1999 Sold $240,000 MLS #1417635
Apr 17, 1999 Listed $249,900 MLS #1417635

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $316,700 $270,400 $587,100 $6,928
2023 $302,900 $280,600 $583,500 $6,834
2022 $198,800 $244,900 $443,700 $6,100
2021 $192,200 $199,000 $391,200 $5,548
2020 $192,200 $199,000 $391,200 $5,514
2019 $192,600 $183,700 $376,300 $5,454
2018 $181,300 $181,500 $362,800 $4,902
2017 $166,400 $149,200 $315,600 $4,614
2016 $154,900 $148,500 $303,400 $3,910
2015 $144,100 $104,000 $248,100 $3,896
2014 $144,500 $101,400 $245,900 $3,816
2013 $132,100 $100,700 $232,800 $4,208
2012 $134,500 $126,500 $261,000 $4,500
2011 $298,200 $3,990
2010 $362,200 $4,168
2009 $144,300 $231,800 $376,100 $4,184
2008 $154,700 $216,300 $371,000 $3,910
2007 $164,800 $236,900 $401,700 $3,812

Property facts

Year built
1972
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,500 sqft
Lot size
21,432 sqft
ZIP code
55012
City
Center City
Street
Norman Ln
Coordinates
45.39097, -92.82178

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,750
Gross rental yield
7.56%
Implied cap rate
4.92%
Trend-extrapolated value

Frequently asked questions

When did 309 Norman Ln last sell?
309 Norman Ln most recently sold on Dec 2, 2021 for $594,900.
What is the current tax assessment for 309 Norman Ln?
The most recent total assessment for 309 Norman Ln (year 2025) is $587,100 with $6,928 in property tax.
How does 309 Norman Ln's assessment compare to its last sale price?
The current assessment is 1.3% below the last sale price of $594,900.
When was 309 Norman Ln built?
309 Norman Ln was built in 1972.
How does 309 Norman Ln compare to others on Norman Ln?
We track 3 other properties on Norman Ln. Browse the list under "Other properties on Norman Ln" to compare beds, baths, and sale history.
What are the property facts for 309 Norman Ln?
309 Norman Ln is a 3 bed, 2 bath, 2,500 sqft, 21,432 sqft lot single_family.
Is 309 Norman Ln a flip candidate?
No — 309 Norman Ln does not appear in our flips dataset.
Is 309 Norman Ln a tax-appeal candidate?
No — 309 Norman Ln 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
-1.3%
Implied 1-yr
-5.1%
2026 Q3
$298.1K
2026 Q4
$294K
ZIP 55012 — Median Price History + Forecast

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