6199 240th St
Faribault, MN 55021
3 bd 1 ba 2,400 sqft Built 1955 Lot 558,439 sqft single_family
Most recent sale
$649,900
Jul 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 15, 2023 | Sold | $435,000 | NorthstarMLS |
| Nov 8, 2022 | Price changed | $529,000 | NorthstarMLS |
| Oct 18, 2022 | Price changed | $559,000 | MLS #6255644 |
| Sep 26, 2022 | Price changed | $589,000 | MLS #6255644 |
| Aug 31, 2022 | Listed | $610,000 | MLS #6255644 |
| Jul 1, 2022 | Sold | $649,900 | MLS #6157383 |
| Apr 18, 2022 | Relisted | $649,900 | MLS #6157383 |
| Feb 28, 2022 | Listed | $649,900 | MLS #6157383 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $411,200 | $3,134 |
| 2023 | — | — | $299,000 | $1,884 |
Property facts
Year built
1955
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
2,400 sqft
Lot size
558,439 sqft
ZIP code
55021
City
Faribault
Street
240th St
Coordinates
44.23649, -93.17710
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,600
Gross rental yield
6.65%
Implied cap rate
4.32%
Trend-extrapolated value
—
Frequently asked questions
When did 6199 240th St last sell?
6199 240th St most recently sold on Jul 1, 2022 for $649,900.
What is the current tax assessment for 6199 240th St?
The most recent total assessment for 6199 240th St (year 2025) is $411,200 with $3,134 in property tax.
How does 6199 240th St's assessment compare to its last sale price?
The current assessment is 36.7% below the last sale price of $649,900.
When was 6199 240th St built?
6199 240th St was built in 1955.
How does 6199 240th St compare to others on 240th St?
We track 2 other properties on 240th St. Browse the list under "Other properties on 240th St" to compare beds, baths, and sale history.
What are the property facts for 6199 240th St?
6199 240th St is a 3 bed, 1 bath, 2,400 sqft, 558,439 sqft lot single_family.
Is 6199 240th St a flip candidate?
No — 6199 240th St does not appear in our flips dataset.
Is 6199 240th St a tax-appeal candidate?
No — 6199 240th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.9%
Implied 1-yr
+3.6%
2026 Q3
$338.9K
2026 Q4
$341.8K
ZIP 55021 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 240th St